Botanical Supplements Market, By Application, By Distribution Channel, By Geography

Description

The Global Botanical Supplements Market is estimated to account for US$ 101.9 Bn in 2023 in terms of value and is expected to reach US$ 192.3 Bn by the end of 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 101.9 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	9.50%	2030 Value Projection:	US$ 192.3 Bn

Global Botanical Supplements Market, By application, 2023

A botanical supplement is produced to add nutrients to the diet and lower the risk of health problems such as osteoporosis and arthritis. It is available in the form of capsules, powders, gel tabs, pills, extracts, and liquids and contains minerals, vitamins, fiber, herbs, amino acids, and enzymes. A botanical supplement is ideal for people who don't get enough vitamins and minerals from the normal diet. Weight loss, sports nutrition, general wellbeing, immune and digestive health, bone and joint health, heart health, and other specific requirements are some of the major applications of dietary supplements. They are easily available in health and beauty stores, on the internet, in pharmacies and drugstores, in hypermarkets and supermarkets, and through direct selling. Botanical supplements are the natural alternatives for the hormone replacement therapy like plant use for thousands of year in medicinal purpose and this supplements offer natural ways to improve the brain health, cognitive function, prostate health, and connective and joint tissue health.

Market Dynamics

It is anticipated that the general acceptance of herbal formulations among consumers across a demographics will influence the direction of supplement growth in the direction of botanicals. This is the target market for important manufacturers of herbal and botanical supplements.

However, one factor anticipated to impede the market's growth globally is the absence of strict norms and regulations pertaining to the safety and efficacy of botanical health supplement products. Increase the health consciousness which increase concern about over diet and increase care towards preventive healthcare and that have made consumer turn towards health imparting herbal supplements

Key features of the study:
This report provides in-depth analysis of the global botanical supplements market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global botanical supplements market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include ChromaDex, Inc., Nutraceutical International Corporation, NBTY, Inc., Surya Herbal, Ltd., BASF SE, NaturaLife Asia Co., Ltd., Bio-Botanica Inc., HERBALIFE Nutrition, Archer Daniels Midland Company (ADM), Integrated BioPharma, Inc., The Himalaya Drug Company, Ricola AG, MMJ International Holdings, and Pharmavite LLC.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global botanical supplements market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Botanical Supplements Market.

Global Botanical Supplements Market Segmentation

By Application
- Food and beverages
- Pharmaceutical
- Personal care
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
By Region
- North America
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles
- ChromaDex, Inc.
- Nutraceutical International Corporation
- NBTY, Inc.
- Surya Herbal, Ltd.
- BASF SE
- NaturaLife Asia Co., Ltd.
- Bio-Botanica Inc.
- HERBALIFE Nutrition
- Archer Daniels Midland Company (ADM)
- Integrated BioPharma, Inc.
- The Himalaya Drug Company
- Ricola AG
- MMJ International Holdings
- Pharmavite LLC

Product Code: CMI4229

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions and Collaborative Scenario

4. Global Botanical Supplements market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Botanical Supplements market, By Application, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Food and beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Personal care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Botanical Supplements market, By Distribution Channel, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

7. Global Botanical Supplements market, By Regions, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
North America
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
U.S.
Canada
Europe
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
U.K
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Bn)
GCC
Israel
Rest of Middle East
Africa
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2023-2030,(US$ Bn)
North Africa
Central Africa
South Africa

8. Competitive Landscape

Company Profiles
- ChromaDex, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Nutraceutical International Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- NBTY, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Surya Herbal, Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- BASF SE
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- NaturaLife Asia Co., Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Bio-Botanica Inc..
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- HERBALIFE Nutrition
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Archer Daniels Midland Company (ADM)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Integrated BioPharma, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- The Himalaya Drug Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Ricola AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- MMJ International Holdings
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Pharmavite LLC.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Analysts' Views

9. Section

Research Methodology
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