The Brazil market dominated the LAMEA Herbal Dietary Supplement Market, by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $351.7 Million by 2031. The Argentina market is registering a CAGR of 10.2% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.6% during (2024 - 2031).
Ingredients like licorice root, marshmallow root, and ivy leaf are used in herbal remedies to relieve coughs, soothe sore throats, and support respiratory function. Herbs such as eucalyptus and peppermint are used in steam inhalations or nasal sprays to alleviate nasal congestion and sinusitis symptoms.
Additionally, milk thistle and dandelion root are popular herbs that support liver detoxification, promote bile production, and aid in liver function. Schisandra berry and turmeric are utilized for their antioxidant properties, which safeguard liver cells against oxidative damage.
Brazil’s aging population increasingly prioritizes health and wellness, driving demand for products supporting active and healthy aging. These are considered natural alternatives to conventional medicine, promoting preventive healthcare and addressing age-related health concerns such as cognitive function, joint health, and cardiovascular support.
List of Key Companies Profiled
- Amway Corporation
- Jarrow Formulas, Inc.
- Nature's Sunshine Products, Inc.
- Herbalife International, Inc.
- Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
- Pure Essence Labs
- GNC Holdings, LLC (Harbin Pharmaceutical Group)
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
- Renew Life Formulas, LLC. (The Clorox Company)
- Swanson Health Products, Inc. (Swander Pace Capital)
Market Report Segmentation
By End User- Home Use
- Clinics
- Hospitals
- Tablets & Capsules
- Powders
- Shakes
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
- Amway Corporation
- Jarrow Formulas, Inc.
- Nature's Sunshine Products, Inc.
- Herbalife International, Inc.
- Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
- Pure Essence Labs
- GNC Holdings, LLC (Harbin Pharmaceutical Group)
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
- Renew Life Formulas, LLC. (The Clorox Company)
- Swanson Health Products, Inc. (Swander Pace Capital)
Methodology
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