The Herbal Supplements Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Herbal Supplements Market?
The Herbal Supplements Global Market Report 2025 shows a robust growth trend. The market size increased from $49.71 billion in 2024 and is projected to grow to $53.8 billion in 2025. The compound annual growth rate (CAGR) is 8.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Herbal Supplements Industry?
The market size of herbal supplements is predicted to escalate robustly in the incoming years, reaching $71.41 billion by 2029. This growth will take place at a compound annual growth rate (CAGR) of 7.3%.
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What are the Key Growth Drivers Fueling the Herbal Supplements Market?
The key drivers in the herbal supplements market are:
• Continued consumer education on herbal supplements
• The expanding aging population's increased need for these products
• Emergence of global wellness trends driving herbal supplement demand
• Innovations and diverse product offerings within the market
Global Market Segmentation: Identifying Major Herbal Supplements Industry Segments
The herbal supplements market covered in this report is segmented –
1) By Form: Tablets, Capsules, Liquid, Powder And Granules, Soft Gels
2) By Sources: Leaves, Fruits, Roots, Vegetables, Barks
3) By Application: Food And Beverages, Pharmaceuticals, Personal Care
4) By Distribution: Store Based, Non-Store Based
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What are the Emerging Trends Shaping the Future of the Herbal Supplements Market?
The key trends in the herbal supplements market are:
• The trend towards Eco-friendly packaging solutions is emerging.
• Cultural and traditional influences are becoming more prevalent in the market.
• Collaborations and partnerships are shaping the future of the industry.
• There is an increasing trend for personalized nutrition in the herbal supplements market.
Who Are the Top Competitors & Leading Players in the Herbal Supplements Market?
Major companies in the herbal supplements market are:
• Archer Daniels Midland Company
• Glanbia plc
• Herbalife Nutrition International of America Inc.
• NBTY Inc.
• Dabur India Ltd.
• Blackmores Limited
• Swanson Health Products
• Weleda AG
• Now Health Group
• Nutraceutical International Corporation
• Ricola AG
• DSM Nutritional Products Ltd.
• Dr. Willmar Schwabe GmbH & Co. KG
• Jarrow Formulas Inc.
• Taiji Group
• Gaia Herbs
• Arizona Natural Products LLC
• Bio-Botanica Inc.
• Sunfood Nutraceuticals
• Solgar Inc.
• ABCO Laboratories Inc.
• Nature's Bounty Co.
• Wonder Laboratories
• Ancient Greenfields Pvt. Ltd.
• NaturaLife Asia Co. Ltd.
• Herbochem Sdn. Bhd.
• Third Coast Herb Co.
• Wellness Origin Indy
• Kunming Pharmaceutical Corporation
• Herbal Africa
• Rainbow Light Nutritional Systems Inc.
• MegaFood
• Barlean's Organic Oils LLC
• NutriGold Inc.
• Premier Health Products Ltd.
• Z Natural Foods
Regional Dominance: Which Area Leads the Global Template Market?
North America will be the largest region in the herbal supplement market in 2024
