The Business Research Company’s report goes into great detail on the botanical supplements market size and growth, botanical supplements market regional analysis, botanical supplements market competitive landscape, and other critical information needed to excel in the botanical supplements industry.

Major players in the botanical supplements market include The Himalaya Drug Company, Blackmores Limited, Glanbia Nutritionals, Gaia Herbs LLC, Amway Corporation, Ricola AG, Procter and Gamble, Bio-Botanica Inc, Herbalife Nutrition, The Nature’s Bounty Co., Archer Daniels Midland Company (ADM), MMJ International Holdings, Pharmavite LLC, and Prinova Group

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global botanical supplements market size is expected to grow from $48.01 billion in 2021 to $51.48 billion in 2022 at a compound annual growth rate (CAGR) of 7.24%. The growth in the market is mainly due to the companies’ rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global botanical supplement market size is expected to reach $69.33 billion in 2026 at a CAGR of 7.72%.

North America was the largest region in the botanical supplements market in 2021.

The botanical supplement market consists of sales of botanical supplements by entities (organizations, sole traders, and partnerships) that manufacture and sell a wide range of health products made from plants, including their oils, roots, seeds, berries, and flowers. A botanical is a plant or plant part that has medical or therapeutic characteristics, as well as flavour and aroma. Botanical supplements are made from botanicals that are used to maintain and improve health.

The increasing number of health-conscious consumers is significantly driving the growth of the botanical supplements market.

Request a Sample of the Global Botanical Supplements Market Report

Strategic collaborations between companies are a key trend gaining popularity in the botanical supplement market. Companies manufacturing botanical supplements are undergoing partnerships and collaborations to develop new technologies and products.

TBRC’s Global Botanical Supplements Market Report Is Segmented:
By Source: Herbs, Leaves, Spices, Flowers, Others

By Form: Powder, Liquid, Tablets, Capsules, Gummies, Others

By Application: Energy and Weight Management, Bone and Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Botanical Supplements Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the botanical supplements market globally and regionally, analyzes and forecasts market size, share, botanical supplements market players, botanical supplements market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Gummy Vitamins Global Market Report 2022 

Vitamin and Minerals Global Market Report 2022

Multivitamin Capsules And Tablets Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: