Herbal Supplements Market Trends, Demand and Business Opportunities 2021-2026

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According to the latest report by IMARC Group, titled “Herbal Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market reached a value of 6.3 billion US dollars in 2020. Herbal supplements are organic dietary additives generally obtained from natural raw materials, including moringa, ginger, black cohosh, turmeric, echinacea, seeds of linen, etc. These supplements are mostly available in the form of powders, liquid extracts, capsules, tablets, soft gels, ointments, etc. various therapeutic properties based on the high composition of amino acids, vitamins, minerals, enzymes, etc. These supplements also contain several antibiotic, antiseptic, anti-inflammatory, and antidepressant benefits, as well as boosting the immune system and skin glow. As a result, herbal supplements are widely consumed by adult, pediatric, and geriatric populations around the world.

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Growing consumer health concerns and increasing expenditure on preventative health products are driving the herbal supplements market. In addition, the increasing prevalence of lifestyle-related diseases, such as obesity, diabetes, hypertension, etc., and the increase in the geriatric population are also increasing the demand for products to mitigate health risks. health. Additionally, growing consumer inclination towards organic and herbal supplements and growing demand for personalized medications is propelling the growth of the market. Additionally, increasing investments in numerous R&D activities pertaining to the Ayurvedic sector are expected to catalyze the growth of the market in the coming years. Looking ahead, IMARC Group expects the market to grow at a CAGR of 6.8% during the period 2021-2026.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

Competitive landscape with key players:

  • Former Green Fields PVT LTD
  • NP Inc.
  • Bio-Botanica, Inc.
  • Gaia Herbs BV
  • Herb-Pharm, LLC
  • Jarrow Formulas, Inc.
  • Now Health Group, Inc.
  • Nutraceutical Company
  • Rainbow Light Nutritional Systems, Inc.
  • Solgar inc.

Market segmentation :

Breakdown by product type:

  • moringa
  • Echinacea
  • Linseed
  • Turmeric
  • Ginger
  • Ginseng
  • Others

Breakdown by formulation:

  • Tablets
  • capsules
  • Liquid
  • Powder and Granules
  • Soft capsules
  • Others

Breakdown by consumer:

  • Pregnant women
  • Adult
  • Pediatric
  • Geriatric

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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