The North America Herbal Dietary Supplement Market is projected to witness market growth of 6.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $3.71 billion by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2024 - 2031).
The market is dynamic and continuously evolving, driven by changing consumer preferences, technological advancements, regulatory developments, and scientific research. Consumers are increasingly demanding transparency in product labelling and sourcing.
Moreover, therefore prefer products with minimal additives, allergens, and artificial ingredients. Brands emphasizing transparency in ingredient origins, manufacturing practices, and sustainability efforts gain consumer trust.
Herbal dietary supplements market in Canada has diversified to include various formulations tailored to address specific health concerns associated with chronic diseases. Products incorporate botanical extracts, vitamins, minerals, and herbal blends known for their therapeutic properties and efficacy in managing symptoms related to chronic conditions.
The US market dominated the North America 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 $3.71 billion by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2024 - 2031).
The market is dynamic and continuously evolving, driven by changing consumer preferences, technological advancements, regulatory developments, and scientific research. Consumers are increasingly demanding transparency in product labelling and sourcing.
Moreover, therefore prefer products with minimal additives, allergens, and artificial ingredients. Brands emphasizing transparency in ingredient origins, manufacturing practices, and sustainability efforts gain consumer trust.
Herbal dietary supplements market in Canada has diversified to include various formulations tailored to address specific health concerns associated with chronic diseases. Products incorporate botanical extracts, vitamins, minerals, and herbal blends known for their therapeutic properties and efficacy in managing symptoms related to chronic conditions.
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
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Herbal Dietary Supplement Market, by End User
Chapter 5. North America Herbal Dietary Supplement Market, by Product Type
Chapter 6. North America Herbal Dietary Supplement Market, by Country
Chapter 7. Company Profiles
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
LOADING...
