How much is the Herbal Supplements Market market?

The herbal supplements market market size is estimated to grow at $$ 32.87 bn in 2023. Read More

What is the growth rate of the Herbal Supplements Market market?

The growth rate of the herbal supplements market year-over-year is 6.68%. Read More

Which region held the largest market share in the Herbal Supplements Market market?

North America is the region to held the largest market share with 33% growth. Read More

Who are the key players in the Herbal Supplements Market market?

Archer Daniels Midland Co., Arizona Natural Products, Bio Botanica Inc., Gaia Herbs Inc., Glanbia plc, Herb Pharm, Herbalife International of America Inc., Kirin Holdings Co. .... Read More

Which Segment has the largest market share in the Herbal Supplements Market market?

Distribution Channel is the segment that has the largest market share in the market. Read More

Herbal Supplements Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, France, China, Japan - Size and Forecast 2024-2028

Published: Dec 2023
Pages: 154
SKU: IRTNTR77116

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Herbal Supplements Market Size 2024-2028

The global herbal supplements market size is estimated to grow by USD 32.87 billion at a CAGR of 6.68% between 2023 and 2028. In the market, driven by preventive healthcare and wellness services, the surge in demand for plant-based supplements like NutraGreen and Gaia Herbs reshapes consumer choices and industry dynamics. Active ingredients from plants or botanicals such as Vitamin C, Echinacea, and Aloe Vera gain prominence, especially in Asia Pacific, where Ayurveda and Traditional Chinese Medicine (TCM) influence herbal trends. Tablets, capsules, powders, and liquids offer diverse delivery methods catering to various health needs. With rising obesity rates and weight gain disorders, herbal supplements play a crucial role in addressing health concerns, including diabetes, amidst an aging population's wellness focus, bolstering preventive healthcare efforts in fitness clubs and gyms.

What will be the size of the Market During the Forecast Period?

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Market Segmentation by Distribution Channel, Formulation, and Geography Analysis

Distribution Channel

Offline Segment

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Formulation
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global herbal supplements market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global herbal supplements market 2018 - 2022 ($ billion)

4.2 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)

4.3 Formulation Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Formulation Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
- Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)

6.2 Comparison by Distribution Channel
- Exhibit 32: Chart on Comparison by Distribution Channel
- Exhibit 33: Data Table on Comparison by Distribution Channel

6.3 Offline - Market size and forecast 2023-2028
- Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)

6.4 Online - Market size and forecast 2023-2028
- Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Distribution Channel
- Exhibit 42: Market opportunity by Distribution Channel ($ billion)
- Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Formulation

7.1 Market segments
- Exhibit 44: Chart on Formulation - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Formulation - Market share 2023-2028 (%)

7.2 Comparison by Formulation
- Exhibit 46: Chart on Comparison by Formulation
- Exhibit 47: Data Table on Comparison by Formulation

7.3 Capsules - Market size and forecast 2023-2028
- Exhibit 48: Chart on Capsules - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Capsules - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Capsules - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Capsules - Year-over-year growth 2023-2028 (%)

7.4 Tablets - Market size and forecast 2023-2028
- Exhibit 52: Chart on Tablets - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Tablets - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Tablets - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Tablets - Year-over-year growth 2023-2028 (%)

7.5 Powders - Market size and forecast 2023-2028
- Exhibit 56: Chart on Powders - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Powders - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Powders - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Powders - Year-over-year growth 2023-2028 (%)

7.6 Others - Market size and forecast 2023-2028
- Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.7 Market opportunity by Formulation
- Exhibit 64: Market opportunity by Formulation ($ billion)
- Exhibit 65: Data Table on Market opportunity by Formulation ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 Asia - Market size and forecast 2023-2028
- Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)

9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)

9.7 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)

9.8 Germany - Market size and forecast 2023-2028
- Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 France - Market size and forecast 2023-2028
- Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 Archer Daniels Midland Co.
- Exhibit 115: Archer Daniels Midland Co. - Overview
- Exhibit 116: Archer Daniels Midland Co. - Business segments
- Exhibit 117: Archer Daniels Midland Co. - Key offerings
- Exhibit 118: Archer Daniels Midland Co. - Segment focus

12.4 Arizona Natural Products
- Exhibit 119: Arizona Natural Products - Overview
- Exhibit 120: Arizona Natural Products - Product / Service
- Exhibit 121: Arizona Natural Products - Key offerings

12.5 Bio Botanica Inc.
- Exhibit 122: Bio Botanica Inc. - Overview
- Exhibit 123: Bio Botanica Inc. - Product / Service
- Exhibit 124: Bio Botanica Inc. - Key offerings

12.6 Gaia Herbs Inc.
- Exhibit 125: Gaia Herbs Inc. - Overview
- Exhibit 126: Gaia Herbs Inc. - Product / Service
- Exhibit 127: Gaia Herbs Inc. - Key offerings

12.7 Glanbia plc
- Exhibit 128: Glanbia plc - Overview
- Exhibit 129: Glanbia plc - Business segments
- Exhibit 130: Glanbia plc - Key news
- Exhibit 131: Glanbia plc - Key offerings
- Exhibit 132: Glanbia plc - Segment focus

12.8 Herb Pharm
- Exhibit 133: Herb Pharm - Overview
- Exhibit 134: Herb Pharm - Product / Service
- Exhibit 135: Herb Pharm - Key offerings

12.9 Herbalife International of America Inc.
- Exhibit 136: Herbalife International of America Inc. - Overview
- Exhibit 137: Herbalife International of America Inc. - Product / Service
- Exhibit 138: Herbalife International of America Inc. - Key offerings

12.10 Kirin Holdings Co. Ltd.
- Exhibit 139: Kirin Holdings Co. Ltd. - Overview
- Exhibit 140: Kirin Holdings Co. Ltd. - Business segments
- Exhibit 141: Kirin Holdings Co. Ltd. - Key offerings
- Exhibit 142: Kirin Holdings Co. Ltd. - Segment focus

12.11 Natures Bounty
- Exhibit 143: Natures Bounty - Overview
- Exhibit 144: Natures Bounty - Product / Service
- Exhibit 145: Natures Bounty - Key offerings

12.12 Nestle SA
- Exhibit 146: Nestle SA - Overview
- Exhibit 147: Nestle SA - Business segments
- Exhibit 148: Nestle SA - Key news
- Exhibit 149: Nestle SA - Key offerings
- Exhibit 150: Nestle SA - Segment focus

12.13 Otsuka Holdings Co. Ltd.
- Exhibit 151: Otsuka Holdings Co. Ltd. - Overview
- Exhibit 152: Otsuka Holdings Co. Ltd. - Business segments
- Exhibit 153: Otsuka Holdings Co. Ltd. - Key offerings
- Exhibit 154: Otsuka Holdings Co. Ltd. - Segment focus

12.14 Pharma Nord Inc.
- Exhibit 155: Pharma Nord Inc. - Overview
- Exhibit 156: Pharma Nord Inc. - Product / Service
- Exhibit 157: Pharma Nord Inc. - Key offerings

12.15 Ricola Group AG
- Exhibit 158: Ricola Group AG - Overview
- Exhibit 159: Ricola Group AG - Product / Service
- Exhibit 160: Ricola Group AG - Key offerings

12.16 The Clorox Co.
- Exhibit 161: The Clorox Co. - Overview
- Exhibit 162: The Clorox Co. - Business segments
- Exhibit 163: The Clorox Co. - Key offerings
- Exhibit 164: The Clorox Co. - Segment focus

12.17 The Procter and Gamble Co.
- Exhibit 165: The Procter and Gamble Co. - Overview
- Exhibit 166: The Procter and Gamble Co. - Business segments
- Exhibit 167: The Procter and Gamble Co. - Key news
- Exhibit 168: The Procter and Gamble Co. - Key offerings
- Exhibit 169: The Procter and Gamble Co. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 170: Inclusions checklist
- Exhibit 171: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 172: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 173: Research methodology
- Exhibit 174: Validation techniques employed for market sizing
- Exhibit 175: Information sources