The Botanical Supplements Global Market Report 2023, provides comprehensive information on the botanical supplements market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Botanical Supplements Global Market Report 2023, the global botanical supplements market size grew from $51.66 billion in 2022 to $55.77 billion in 2023, at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The botanical supplements market size is expected to grow to $76.4 billion in 2027 at a CAGR of 8.2%.
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The botanical supplements market is segmented:
1) By Source: Herbs, Leaves, Spices, Flowers, Other Sources
2) By Form: Powder, Liquid, Tablets, Capsules, Gummies, Other Forms
3) By Application: Energy And Weight Management, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-cancer, Other Applications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Top Major Players
The Himalaya Drug Company
Blackmores Limited
Glanbia Nutritionals
Gaia Herbs LLC
Amway Corporation
North America was the largest region in the botanical supplements market in 2022.
The table of contents in TBRC’s botanical supplements market report includes:
1. Executive Summary
2. Botanical Supplements Market Characteristics
3. Botanical Supplements Market Trends And Strategies
4. Botanical Supplements Market – Macro Economic Scenario
5. Botanical Supplements Market Size And Growth
……………………
26. Africa Botanical Supplements Market
27. Botanical Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Botanical Supplements Market
29. Botanical Supplements Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Botanical Supplements Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Botanical Supplements Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Botanical Supplements Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: The Himalaya Drug Company Financial Performance
Table 48: Blackmores Limited Financial Performance
Table 49: Glanbia Nutritionals Financial Performance
Table 50: Gaia Herbs LLC Financial Performance
Table 51: Amway Corporation Financial Performance
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