Herbal Supplements Market Size Set to Register 10.8% CAGR During 2018-2026 | Market Study Report

Market Study Report LLC recently added a new title on 2019-2026 Global Herbal Supplements Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2026.

Delaware, Selbyville - August 9, 2019 /MarketersMedia/ —

Health disorders such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of herbal supplements, thereby accelerating the market growth for Herbal Supplements.

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The global Herbal Supplements Market size is anticipated to grow at a CAGR of 10.8% during 2018-2026 according to a new study. In 2017, the pharmaceutical segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global market revenues in 2017.

The obese and geriatric population is increasing worldwide, promoting the growth of the herbal supplements. The sedentary lifestyle, increasing use of functional foods, and growing consumer awareness regarding preventive health care boost the overall market growth. Increasing disposable incomes in developing countries, rising awareness about health benefits of herbal supplements, and rising health disorders propel the growth of the herbal supplements industry. Sedentary lifestyle of consumers leading to lifestyle diseases, and increasing disposable income drives herbal supplements market growth.

North America generated the highest market share in terms of revenue in 2017 and is expected to lead the global market throughout the forecast period. The increasing obese population, initiatives and funding by governments to promote health consciousness, and lifestyle changes primarily drive the growth of this market. The number of memberships for health clubs and gyms has increased significantly promoting the growth of Herbal Supplements industry in the region. The increase in obesity related diseases such as diabetes and hypertension along with high disposable income of consumers further propel the adoption of herbal supplements.

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The well-known companies profiled in the Herbal Supplements report include Herbalife International of America, Inc., Ricola AG, Archer Daniels Midland Company, Nutraceutical International Corporation, Bio-Botanica Inc., Arizona Natural Products, Blackmores Ltd, The Himalaya Drug Company, Dr. Willmar Schwabe GmbH & Co. KG, and Rainbow Light Nutritional Systems. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Leading players in the Herbal Supplements industry are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns. In October 2014, Herbalife launched a new range of herbal green tea, which is available in two flavors, original and pomegranate. This range of green tea contains lower calories and is free of artificial sweeteners, flavors, and colors.

This Report has segmented the global herbal supplements market on the basis of source, functionality, application, distribution channel and region:

Herbal Supplements Source Outlook (Revenue, USD Million, 2015 - 2026)
• Leaves
• Roots
• Bark
• Fruits & Vegetables
• Others
Herbal Supplements Functionality Outlook (Revenue, USD Million, 2015 - 2026)
• Medicinal
• Aromatic
• Others
Herbal Supplements Application Outlook (Revenue, USD Million, 2015 - 2026)
• Food and Beverage
• Pharmaceuticals
• Personal Care
• Others
Herbal Supplements Distribution Channel Outlook (Revenue, USD Million, 2015 - 2026)
• Offline Stores
• Online Channels

Table of Content:

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Herbal Supplements Market Insights
3.1. Herbal Supplements Industry snapshot
3.2. Herbal Supplements - Ecosystem analysis
3.3. Herbal Supplements Market Dynamics
3.4. Herbal Supplements Market Forces
3.4.1. Herbal Supplements Market Driver Analysis
3.4.2. Herbal Supplements Market Restraint/Challenges analysis
3.4.3. Herbal Supplements Market Opportunity Analysis
3.5. Industry analysis - Porter's five force
3.5.1. Bargaining power of supplier
3.5.2. Bargaining power of buyer
3.5.3. Threat of substitute
3.5.4. Threat of new entrant
3.5.5. Degree of competition
3.6. Herbal Supplements Market PEST Analysis
3.7. Herbal Supplements Market Value Chain Analysis
3.8. Herbal Supplements Industry Trends
3.9. Competitive Ranking Analysis
4. Herbal Supplements Market Size and Forecast, 2018-2026 by Source

5. Herbal Supplements Market Size and Forecast, 2018-2026 by Functionality

6. Herbal Supplements Market Size and Forecast, 2018-2026 by Application

7. Herbal Supplements Market Size and Forecast, 2018-2026 by Distribution Channel

8. Herbal Supplements Market Size and Forecast, 2018-2026 by Region

9. Herbal Supplements Market Company Profiles

For more information on this report at: https://bit.ly/2YG7uj6

Related Report:

Global Herbal Supplements Market Research Report 2019

The Herbal Supplements market is driven by factors such as increase in ageing population, growing female buyers for dietary supplements, use of herbal products by young demography, and increasing consumer awareness for preventive healthcare measures. Europe to lead the market in terms of market share between 2016 and 2022.

https://www.marketstudyreport.com/reports/global-herbal-supplements-market-research-report-2019?utm_source=RR-SP

Read more at: https://www.marketwatch.com/press-release/fruit-snacks-market-2019-industry-share-demand-global-trend-business-growth-top-key-players-update-and-forecast-to-2025-2019-08-02

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Source URL: https://marketersmedia.com/herbal-supplements-market-size-set-to-register-108-cagr-during-2018-2026-market-study-report/88906375

Source: MarketersMedia

Release ID: 88906375