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Global Herbal Dietary Supplement Market Size study & Forecast, by Product Type (Powders, Shakes, Others, Tablets and Capsules), By End-uses (Hospitals, Clinics, Home Use), and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: GB95617F1972EN
Bizwit Research & Consulting LLP

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Global Herbal Dietary Supplement Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030.. These supplements fall under the category of dietary supplements and are commonly referred to as herbal dietary supplements. Distinguished from pharmaceutical drugs, they are marketed and labeled as 'herbals,' 'herbal products,' 'herbal medicines,' or 'herbal remedies.' Additionally, it's important to note that these supplements are not intended to substitute a balanced diet, and they are regulated differently from over-the-counter (OTC) and prescription medications. They undergo less rigorous testing by the Food and Drug Administration (FDA). The market growth is driven by key factors such as rise in adoption of these herbal products, and consumers awareness about the benefits of health and wellness products.

As per Statista, in 2019, the Ayurveda market in India achieved a valuation of 335 billion Indian Rupees. Projections indicate significant growth potential in the Ayurveda industry in the forthcoming years, with an anticipated market value exceeding one trillion Indian rupees by 2025. Ayurveda, a traditional medicinal system, harnesses the healing properties of herbs and other medicinal plants for healthcare purposes. Also, in 2022, the market for ayurveda raw materials utilized in herbal medicine in South Korea reached a valuation of approximately 455 billion South Korean won. This figure reflects a notable surge of approximately 23.1 percent compared to the previous year, marking the largest market size recorded within the decade. However, Harmful side effects stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Herbal Dietary Supplement Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominates the regional market and is projected to be the fastest-growing region during the forecast period. The herbal dietary supplement market in Europe is marked by dynamic market and evolving consumer preferences. With a significant portion of the population integrating one or more dietary supplements into their daily routine, herbal products, comprising vitamins, minerals, and botanicals, hold considerable importance. The market caters to diverse consumer preferences by offering a variety of formulations tailored to those seeking natural and plant-based solutions.

Major market player included in this report are:

Pure Essence Labs

Nature's Sunshine Products

Pharmavite, GNC

Jarrow Formulas

Amway

Nature's Way

Swanson Health Products

Rainbow Light

Herbalife Nutrition Ltd

Recent Developments in the Market:
  • In January 2021, Prorganiq introduced a fresh lineup of top-tier herbal supplements, with the objective of delivering pure and potent solutions to optimize individuals' overall health and aid them in achieving a healthier body naturally. The primary emphasis of this launch was to provide high-caliber herbal supplements tailored to support individuals along their wellness journey.
Global Herbal Dietary Supplement Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Product Type, End-use, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Powders

Shakes

Others

Tablets and Capsules

By End-use:

Hospitals

Clinics

Home Use

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Herbal Dietary Supplement Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Herbal Dietary Supplement Market, by Product Type, 2020-2030 (USD Billion)
  1.2.3. Herbal Dietary Supplement Market, by End-users, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET DYNAMICS

3.1. Herbal Dietary Supplement Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rise in adoption of these herbal products
    3.1.1.2. Consumers awareness about the benefits of health and wellness products
  3.1.2. Market Challenges
    3.1.2.1. Harmful side effects
  3.1.3. Market Opportunities
    3.1.3.1. Rising Recent Development
    3.1.3.2. Adapting to the diverse preferences of consumers seeking natural and plant-based solutions

CHAPTER 4. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Herbal Dietary Supplement Market by Product Type, Performance - Potential Analysis
5.3. Global Herbal Dietary Supplement Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Herbal Dietary Supplement Market, Sub Segment Analysis
  5.4.1. Powders
  5.4.2. Shakes
  5.4.3. Others
  5.4.4. Tablets and Capsule

CHAPTER 6. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET, BY END-USERS

6.1. Market Snapshot
6.2. Global Herbal Dietary Supplement Market by End-users, Performance - Potential Analysis
6.3. Global Herbal Dietary Supplement Market Estimates & Forecasts by End-users 2020-2030 (USD Billion)
6.4. Herbal Dietary Supplement Market, Sub Segment Analysis
  6.4.1. Hospitals
  6.4.2. Clinics
  6.4.3. Home Use

CHAPTER 7. GLOBAL HERBAL DIETARY SUPPLEMENT MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Herbal Dietary Supplement Market, Regional Market Snapshot
7.4. North America Herbal Dietary Supplement Market
  7.4.1. U.S. Herbal Dietary Supplement Market
    7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
    7.4.1.2. End-users breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Herbal Dietary Supplement Market
7.5. Europe Herbal Dietary Supplement Market Snapshot
  7.5.1. U.K. Herbal Dietary Supplement Market
  7.5.2. Germany Herbal Dietary Supplement Market
  7.5.3. France Herbal Dietary Supplement Market
  7.5.4. Spain Herbal Dietary Supplement Market
  7.5.5. Italy Herbal Dietary Supplement Market
  7.5.6. Rest of Europe Herbal Dietary Supplement Market
7.6. Asia-Pacific Herbal Dietary Supplement Market Snapshot
  7.6.1. China Herbal Dietary Supplement Market
  7.6.2. India Herbal Dietary Supplement Market
  7.6.3. Japan Herbal Dietary Supplement Market
  7.6.4. Australia Herbal Dietary Supplement Market
  7.6.5. South Korea Herbal Dietary Supplement Market
  7.6.6. Rest of Asia Pacific Herbal Dietary Supplement Market
7.7. Latin America Herbal Dietary Supplement Market Snapshot
  7.7.1. Brazil Herbal Dietary Supplement Market
  7.7.2. Mexico Herbal Dietary Supplement Market
7.8. Middle East & Africa Herbal Dietary Supplement Market
  7.8.1. Saudi Arabia Herbal Dietary Supplement Market
  7.8.2. South Africa Herbal Dietary Supplement Market
  7.8.3. Rest of Middle East & Africa Herbal Dietary Supplement Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Pure Essence Labs
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Nature's Sunshine Products
  8.3.3. Pharmavite, GNC
  8.3.4. Jarrow Formulas
  8.3.5. Amway
  8.3.6. Nature's Way
  8.3.7. Swanson Health Products
  8.3.8. Rainbow Light
  8.3.9. Herbalife Nutrition Ltd.

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Herbal Dietary Supplement Market, report scope
TABLE 2. Global Herbal Dietary Supplement Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Herbal Dietary Supplement Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Herbal Dietary Supplement Market estimates & forecasts by End-users 2020-2030 (USD Billion)
TABLE 5. Global Herbal Dietary Supplement Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Herbal Dietary Supplement Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Herbal Dietary Supplement Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Herbal Dietary Supplement Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Herbal Dietary Supplement Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Herbal Dietary Supplement Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Herbal Dietary Supplement Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Herbal Dietary Supplement Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Herbal Dietary Supplement Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Herbal Dietary Supplement Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Herbal Dietary Supplement Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Herbal Dietary Supplement Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Herbal Dietary Supplement Market
TABLE 70. List of primary sources, used in the study of global Herbal Dietary Supplement Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Herbal Dietary Supplement Market, research methodology
FIG 2. Global Herbal Dietary Supplement Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Herbal Dietary Supplement Market, key trends 2022
FIG 5. Global Herbal Dietary Supplement Market, growth prospects 2023-2030
FIG 6. Global Herbal Dietary Supplement Market, porters 5 force model
FIG 7. Global Herbal Dietary Supplement Market, pest analysis
FIG 8. Global Herbal Dietary Supplement Market, value chain analysis
FIG 9. Global Herbal Dietary Supplement Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Herbal Dietary Supplement Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Herbal Dietary Supplement Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Herbal Dietary Supplement Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Herbal Dietary Supplement Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Herbal Dietary Supplement Market, regional snapshot 2020 & 2030
FIG 15. North America Herbal Dietary Supplement Market 2020 & 2030 (USD Billion)
FIG 16. Europe Herbal Dietary Supplement Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Herbal Dietary Supplement Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Herbal Dietary Supplement Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Herbal Dietary Supplement Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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