Herbal Supplements Market Set to Exceed $137.3 Billion By 2026 |CAGR of 10.8% Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% Herbal Supplements Market Share, Size, Trends, & Industry Analysis Report, By Source (Leaves, Roots, Bark, Fruits & Vegetables); By Functionality (Medicinal, Aromatic, Others); By Application; By Distribution Channel; By Regions: Segment Forecast, 2018 - 2026 The global Herbal Supplements Market size is anticipated to reach USD 137.3 billion by 2026 and is estimated to grow at a CAGR of 10.8% during 2018-2026 according to a new study published by Polaris Market Research. 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. 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. 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. Browse Detailed Research Report On Herbal Supplements Market Analysis: https://www.polarismarketresearch.com/industry-analysis/herbal-supplements-market/request-for-sample 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, BioBotanica 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. Polaris Market Research has segmented the global herbal supplements market on the basis of source, functionality, application, distribution channel and region: -2- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% 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 Access Press Release on Herbal Supplements Market: https://www.polarismarketresearch.com/press-releases/herbal-supplements-market Herbal Supplements Distribution Channel Outlook (Revenue, USD Million, 2015 – 2026) Offline Stores Online Channels Herbal Supplements Regional Outlook (Revenue, USD Million, 2015 – 2026) North America U.S. Canada Europe U.K. Germany France Spain Italy -3- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% Netherlands Rest of Europe Asia Pacific India China Japan Korea Australia Singapore Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East & Africa UAE Saudi Arabia South Africa Rest of MEA Request for sample: https://www.polarismarketresearch.com/industry-analysis/herbalsupplements-market/request-for-sample Table of Contents 1. Overview and Scope 1. Research goal & scope 2. Research assumptions 3. Research Methodology 1. Primary data sources 2. Secondary data sources 4. Key take-away 5. Stakeholders 2. Executive Summary -4- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% 1. Market Definition 2. Market Segmentation 3. Herbal Supplements Market Insights 1. Herbal Supplements – Industry snapshot 2. Herbal Supplements - Ecosystem analysis 3. Herbal Supplements Market Dynamics 4. Herbal Supplements – Market Forces 1. Herbal Supplements Market Driver Analysis 2. Herbal Supplements Market Restraint/Challenges analysis 3. Herbal Supplements Market Opportunity Analysis 5. Industry analysis - Porter's five force 1. Bargaining power of supplier 2. Bargaining power of buyer 3. Threat of substitute 4. Threat of new entrant 5. Degree of competition 6. Herbal Supplements Market PEST Analysis 7. Herbal Supplements Market Value Chain Analysis 8. Herbal Supplements Industry Trends 9. Competitive Ranking Analysis 4. Herbal Supplements Market Size and Forecast, 2018-2026 by Source 1. Key Findings 2. Leaves 3. Roots 4. Bark 5. Fruits & Vegetables 6. Others 5. Herbal Supplements Market Size and Forecast, 2018-2026 by Functionality 1. Key Findings 2. Medicinal 3. Aromatic 4. Others 6. Herbal Supplements Market Size and Forecast, 2018-2026 by Application 1. Key Findings 2. Food and Beverage -5- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% 3. Pharmaceuticals 4. Personal Care 5. Others 7. Herbal Supplements Market Size and Forecast, 2018-2026 by Distribution Channel 1. Key Findings 2. Offline Stores 3. Online Channels 8. Herbal Supplements Market Size and Forecast, 2018-2026 by Region 1. Key Findings 2. North America 1. U.S. 2. Canada 3. Europe 1. Germany 2. UK 3. France 4. Italy 5. Spain 6. Netherlands 7. Rest of Europe 4. Asia-Pacific 1. China 2. India 3. Japan 4. Singapore 5. Australia 6. Korea 7. Rest of Asia-Pacific 5. Latin America 1. Brazil 2. Mexico 3. Rest of LATAM 6. Middle East & Africa 1. UAE 2. Saudi Arabia -6- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% 3. South Africa 4. Rest of MEA 9. Company Profiles 1. Herbalife International of America, Inc. 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 2. Ricola AG 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 3. Archer Daniels Midland Company 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 4. Nutraceutical International Corporation 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 5. Bio-Botanica Inc. 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 6. Arizona Natural Products 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 7. Blackmores Ltd 1. Overview -7- Herbal Supplements Market Size Worth $137.3 Billion by 2026 |10.8% 2. Financials 3. Product Benchmarking 4. Recent Developments 8. The Himalaya Drug Company 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 9. Willmar Schwabe GmbH & Co. KG 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments 10. Rainbow Light Nutritional Systems 1. Overview 2. Financials 3. Product Benchmarking 4. Recent Developments E mail Id: [email protected] Web: www.polarismarketresearch.com -8-
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