This Botanical Supplements market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The botanical supplements market size has grown strongly in recent years. It will grow from $61.24 billion in 2024 to $66.7 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to increased consumer awareness of health and wellness, growing interest in herbal and natural remedies, rise in lifestyle-related health concerns, expansion ofThe health and wellness industry, cultural and traditional use of botanicals in medicine.
The botanical supplements market size is expected to see strong growth in the next few years. It will grow to $96.42 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for plant-based and natural products, growing aging population and focus on healthy aging, increased emphasis on preventive healthcare, expansion of e-commerce platforms for botanical supplements, rising urbanization. Major trends in the forecast period include advancements in extraction technologies for botanical ingredients, personalization and customization in botanical supplement formulations, sustainable sourcing and ethical practices in botanical supply chains, adoption of blockchain technology for transparency in the supply chain, innovation in delivery formats, such as gummies or powders.
The increase in number of health-conscious consumers is significantly driving the growth of the botanical supplements market. Botanical supplements have numerous health benefits, have digestive properties, and are chemical free. For instance, in May 2022, according to the International Food Information Council's (IFIC) food and health survey, in 2022, 52% of Americans say they followed a diet or eating pattern in the past year, which represents an increase. Hence, the increasing number of health-conscious people is expected to propel the growth of the botanical supplements market in the forecast period.
The increasing demand for organic food is expected to propel the growth of the botanical supplements market going forward. Organic food refers to food products that are produced using organic farming practices, which prioritize the use of natural and sustainable methods while avoiding the use of synthetic chemicals, and artificial additives. Botanical supplements improve soil health, naturally control pest and disease management, control weeds, enhance nutrition uptake in organic food, and reduce environmental impact. For instance, in May 2023, according to Organic Trade Associations (OTA), a US-based trade organization, in 2022, sales of organic food in the US reached $60 billion for the first time. Therefore, the increasing demand for organic food is driving the growth of the botanical supplements market.
Leading companies in the botanical supplements market are concentrating on developing innovative technological solutions, such as wholesale B2B e-commerce platforms, to improve distribution efficiency and enhance accessibility for retailers. Wholesale B2B e-commerce platforms serve as online marketplaces that enable transactions between businesses, allowing wholesalers to sell products in bulk directly to retailers or other companies. For example, in July 2024, Nuherbs Co., a manufacturing firm based in the US, introduced a wholesale B2B e-commerce platform for dietary supplements in partnership with Spree Commerce. This platform enhances operational efficiency by automating order processing and inventory management, enabling businesses to operate smoothly around the clock. Furthermore, it elevates the customer experience through personalized shopping options and self-service features, simplifying the process for buyers to discover and purchase products.
Leading companies in the botanical supplements market are concentrating on developing innovative products, such as plant-derived ingredients, to improve health benefits and meet the increasing consumer demand for natural remedies. Plant-derived ingredients are substances sourced from plants and are utilized for various purposes, including nutritional, medicinal, or cosmetic applications. These ingredients can encompass extracts, oils, powders, and other components that leverage the beneficial properties of plants. For example, in May 2024, a nutrition and supplement company based in Ireland launched a botanical blend aimed at managing symptoms of multiple sclerosis (MS) by incorporating ingredients such as boswellic acid and curcuminoids, known for their anti-inflammatory properties and potential cognitive benefits. This formulation is designed to reduce fatigue, support normal muscle function, and maintain a healthy inflammatory response, thereby enhancing the overall well-being of individuals with MS.
In April 2022, Kerry Group, an Ireland-based company that offers ingredients, nutrition products, and flavor solutions for the food, beverage, and pharmaceutical sectors, acquired Natreon, Inc. for an undisclosed amount. Kerry Group intends to strengthen its ProActive Health portfolio by incorporating a variety of scientifically supported Ayurvedic botanical ingredients. Natreon, Inc., a US-based pharmaceutical company, specializes in the development and marketing of botanical supplements.
Major companies operating in the botanical supplements market include Himalaya Drug Company, Archer Daniels Midland Company, Amway Corporation, Bio-Botanica Inc, Blackmores Limited, Gaia Herbs LLC, Glanbia Nutritionals, Herbalife Nutrition, MMJ International Holdings, Pharmavite LLC, Prinova Group, Procter and Gamble, Ricola AG, The Nature's Bounty Co., Banyan Botanicals LLC, Barlean's Organic Oils LLC, BioSchwartz LLC, Garden of Life LLC, General Nutrition Centers Inc., Herb Pharm LLC, Himalaya Wellness Company, Irwin Naturals LLC, Jarrow Formulas Inc., Life Extension, MegaFood, Nature's Answer Inc., Nature's Bounty Co. Inc., Nature's Way Brands LLC, New Chapter Inc., NOW Foods, Nutramax Laboratories Inc., Oregon's Wild Harvest Inc., Organic India Private Limited.
Botanical supplement refers to items made from plants, plant parts, or plant extracts, sometimes known as herbals or herbal dietary supplements. They have one or more components intended to enhance the diet and are supposed to be taken.
The main volumetric video components include hardware, software, and services. Volumetric video hardware is used to digitise a three-dimensional space by positioning various cameras around a target. Such as cameras and processing units, are used to capture things that can be digitised and repositioned on the mobile, web, or virtual worlds and viewed in 3D. The different volumetric video content delivery modes include projectors, AR/VR head-mounted displays (HMD), smartphones, and volumetric displays. The various applications of volumetric video include sports and entertainment, medical, signage and advertising, and education and training.
The botanical supplements market research report is one of a series of new reports that provides botanical supplements market statistics, including botanical supplements industry global market size, regional shares, competitors with a botanical supplements market share, detailed botanical supplements market segments, market trends and opportunities, and any further data you may need to thrive in the botanical supplements industry. This botanical supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
North America was the largest region in the botanical supplements market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the botanical supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the botanical supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The botanical supplements market consists of sales of liquid extracts, teas, bath salts, oils, and ointments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The botanical supplements market size has grown strongly in recent years. It will grow from $61.24 billion in 2024 to $66.7 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to increased consumer awareness of health and wellness, growing interest in herbal and natural remedies, rise in lifestyle-related health concerns, expansion ofThe health and wellness industry, cultural and traditional use of botanicals in medicine.
The botanical supplements market size is expected to see strong growth in the next few years. It will grow to $96.42 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising demand for plant-based and natural products, growing aging population and focus on healthy aging, increased emphasis on preventive healthcare, expansion of e-commerce platforms for botanical supplements, rising urbanization. Major trends in the forecast period include advancements in extraction technologies for botanical ingredients, personalization and customization in botanical supplement formulations, sustainable sourcing and ethical practices in botanical supply chains, adoption of blockchain technology for transparency in the supply chain, innovation in delivery formats, such as gummies or powders.
The increase in number of health-conscious consumers is significantly driving the growth of the botanical supplements market. Botanical supplements have numerous health benefits, have digestive properties, and are chemical free. For instance, in May 2022, according to the International Food Information Council's (IFIC) food and health survey, in 2022, 52% of Americans say they followed a diet or eating pattern in the past year, which represents an increase. Hence, the increasing number of health-conscious people is expected to propel the growth of the botanical supplements market in the forecast period.
The increasing demand for organic food is expected to propel the growth of the botanical supplements market going forward. Organic food refers to food products that are produced using organic farming practices, which prioritize the use of natural and sustainable methods while avoiding the use of synthetic chemicals, and artificial additives. Botanical supplements improve soil health, naturally control pest and disease management, control weeds, enhance nutrition uptake in organic food, and reduce environmental impact. For instance, in May 2023, according to Organic Trade Associations (OTA), a US-based trade organization, in 2022, sales of organic food in the US reached $60 billion for the first time. Therefore, the increasing demand for organic food is driving the growth of the botanical supplements market.
Leading companies in the botanical supplements market are concentrating on developing innovative technological solutions, such as wholesale B2B e-commerce platforms, to improve distribution efficiency and enhance accessibility for retailers. Wholesale B2B e-commerce platforms serve as online marketplaces that enable transactions between businesses, allowing wholesalers to sell products in bulk directly to retailers or other companies. For example, in July 2024, Nuherbs Co., a manufacturing firm based in the US, introduced a wholesale B2B e-commerce platform for dietary supplements in partnership with Spree Commerce. This platform enhances operational efficiency by automating order processing and inventory management, enabling businesses to operate smoothly around the clock. Furthermore, it elevates the customer experience through personalized shopping options and self-service features, simplifying the process for buyers to discover and purchase products.
Leading companies in the botanical supplements market are concentrating on developing innovative products, such as plant-derived ingredients, to improve health benefits and meet the increasing consumer demand for natural remedies. Plant-derived ingredients are substances sourced from plants and are utilized for various purposes, including nutritional, medicinal, or cosmetic applications. These ingredients can encompass extracts, oils, powders, and other components that leverage the beneficial properties of plants. For example, in May 2024, a nutrition and supplement company based in Ireland launched a botanical blend aimed at managing symptoms of multiple sclerosis (MS) by incorporating ingredients such as boswellic acid and curcuminoids, known for their anti-inflammatory properties and potential cognitive benefits. This formulation is designed to reduce fatigue, support normal muscle function, and maintain a healthy inflammatory response, thereby enhancing the overall well-being of individuals with MS.
In April 2022, Kerry Group, an Ireland-based company that offers ingredients, nutrition products, and flavor solutions for the food, beverage, and pharmaceutical sectors, acquired Natreon, Inc. for an undisclosed amount. Kerry Group intends to strengthen its ProActive Health portfolio by incorporating a variety of scientifically supported Ayurvedic botanical ingredients. Natreon, Inc., a US-based pharmaceutical company, specializes in the development and marketing of botanical supplements.
Major companies operating in the botanical supplements market include Himalaya Drug Company, Archer Daniels Midland Company, Amway Corporation, Bio-Botanica Inc, Blackmores Limited, Gaia Herbs LLC, Glanbia Nutritionals, Herbalife Nutrition, MMJ International Holdings, Pharmavite LLC, Prinova Group, Procter and Gamble, Ricola AG, The Nature's Bounty Co., Banyan Botanicals LLC, Barlean's Organic Oils LLC, BioSchwartz LLC, Garden of Life LLC, General Nutrition Centers Inc., Herb Pharm LLC, Himalaya Wellness Company, Irwin Naturals LLC, Jarrow Formulas Inc., Life Extension, MegaFood, Nature's Answer Inc., Nature's Bounty Co. Inc., Nature's Way Brands LLC, New Chapter Inc., NOW Foods, Nutramax Laboratories Inc., Oregon's Wild Harvest Inc., Organic India Private Limited.
Botanical supplement refers to items made from plants, plant parts, or plant extracts, sometimes known as herbals or herbal dietary supplements. They have one or more components intended to enhance the diet and are supposed to be taken.
The main volumetric video components include hardware, software, and services. Volumetric video hardware is used to digitise a three-dimensional space by positioning various cameras around a target. Such as cameras and processing units, are used to capture things that can be digitised and repositioned on the mobile, web, or virtual worlds and viewed in 3D. The different volumetric video content delivery modes include projectors, AR/VR head-mounted displays (HMD), smartphones, and volumetric displays. The various applications of volumetric video include sports and entertainment, medical, signage and advertising, and education and training.
The botanical supplements market research report is one of a series of new reports that provides botanical supplements market statistics, including botanical supplements industry global market size, regional shares, competitors with a botanical supplements market share, detailed botanical supplements market segments, market trends and opportunities, and any further data you may need to thrive in the botanical supplements industry. This botanical supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
North America was the largest region in the botanical supplements market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the botanical supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the botanical supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The botanical supplements market consists of sales of liquid extracts, teas, bath salts, oils, and ointments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Botanical Supplements Market Characteristics3. Botanical Supplements Market Trends and Strategies4. Botanical Supplements Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Botanical Supplements Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Botanical Supplements Market34. Recent Developments in the Botanical Supplements Market
5. Global Botanical Supplements Growth Analysis and Strategic Analysis Framework
6. Botanical Supplements Market Segmentation
7. Botanical Supplements Market Regional and Country Analysis
8. Asia-Pacific Botanical Supplements Market
9. China Botanical Supplements Market
10. India Botanical Supplements Market
11. Japan Botanical Supplements Market
12. Australia Botanical Supplements Market
13. Indonesia Botanical Supplements Market
14. South Korea Botanical Supplements Market
15. Western Europe Botanical Supplements Market
16. UK Botanical Supplements Market
17. Germany Botanical Supplements Market
18. France Botanical Supplements Market
19. Italy Botanical Supplements Market
20. Spain Botanical Supplements Market
21. Eastern Europe Botanical Supplements Market
22. Russia Botanical Supplements Market
23. North America Botanical Supplements Market
24. USA Botanical Supplements Market
25. Canada Botanical Supplements Market
26. South America Botanical Supplements Market
27. Brazil Botanical Supplements Market
28. Middle East Botanical Supplements Market
29. Africa Botanical Supplements Market
30. Botanical Supplements Market Competitive Landscape and Company Profiles
31. Botanical Supplements Market Other Major and Innovative Companies
35. Botanical Supplements Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Botanical Supplements Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on botanical supplements market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for botanical supplements? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The botanical supplements market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Source: Herbs; Leaves; Spices; Flowers; Other Sources2) By Form: Powder; Liquid; Tablets; Capsules; Gummies; Other Forms
3) By Application: Energy And Weight Management; Bone And Joint Health; Gastrointestinal Health; Immunity; Cardiac Health; Diabetes; Anti-cancer; Other Applications
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Subsegments:
1) By Herbs: Adaptogenic Herbs; Culinary Herbs2) By Leaves: Green Leaves; Tea Leaves
3) By Spices: Common Spices; Exotic Spices
4) By Flowers: Herbal Flowers; Edible Flowers
5) By Other Sources: Roots; Fruits; Seeds
Key Companies Mentioned: Himalaya Drug Company; Archer Daniels Midland Company; Amway Corporation; Bio-Botanica Inc; Blackmores Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Botanical Supplements market report include:- Himalaya Drug Company
- Archer Daniels Midland Company
- Amway Corporation
- Bio-Botanica Inc
- Blackmores Limited
- Gaia Herbs LLC
- Glanbia Nutritionals
- Herbalife Nutrition
- MMJ International Holdings
- Pharmavite LLC
- Prinova Group
- Procter and Gamble
- Ricola AG
- The Nature's Bounty Co.
- Banyan Botanicals LLC
- Barlean's Organic Oils LLC
- BioSchwartz LLC
- Garden of Life LLC
- General Nutrition Centers Inc.
- Herb Pharm LLC
- Himalaya Wellness Company
- Irwin Naturals LLC
- Jarrow Formulas Inc.
- Life Extension
- MegaFood
- Nature's Answer Inc.
- Nature's Bounty Co. Inc.
- Nature's Way Brands LLC
- New Chapter Inc.
- NOW Foods
- Nutramax Laboratories Inc.
- Oregon's Wild Harvest Inc.
- Organic India Private Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 66.7 Billion |
| Forecasted Market Value ( USD | $ 96.42 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 34 |
