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Botanical Supplements Market Opportunities and Strategies to 2034

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    Report

  • 318 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 6059240
This report describes and explains the botanical supplements market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global botanical supplements market reached a value of nearly $61.23 billion in 2024, having grown at a compound annual growth rate (CAGR) of 7.61% since 2019. The market is expected to grow from $61.23 billion in 2024 to $93.41 billion in 2029 at a rate of 8.81%. The market is then expected to grow at a CAGR of 8.65% from 2029 and reach $141.46 billion in 2034.

Growth in the historic period resulted from rising health consciousness, increasing disposable income, shift towards herbal-based alternatives and expansion of functional food. Factors that negatively affected growth in the historic period were adulteration and mislabeling.

Going forward, rising aging population, increasing healthcare expenditure, growing popularity of e-commerce and rising chronic diseases will drive the growth. Factor that could hinder the growth of the botanical supplements market in the future include economic shutdowns.

The global botanical supplements market is fairly fragmented, with large number of small players in the market. The top ten competitors in the market made up to 18.29% of the total market in 2023. The market fragmentation can be attributed to the presence of large number of players in different geographies. Nature's Bounty was the largest competitor with a 3.95% share of the market, followed by GNC Holdings Inc. 3.71%, Amway Corporation with 3.40%, Archer Daniels Midland Company with 2.69%, Glanbia Plc. with 2.66%, Himalaya Wellness Company with 0.93%, Now Foods with 0.62%, Gaia Herbs LLC. with 0.16%, Bio-Botanica Inc with 0.09% and MegaFood with 0.08%.

Asia Pacific was the largest region in the botanical supplements market, accounting for 29.39% or $18.0 billion of the total in 2024. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the botanical supplements market will be Asia Pacific and Middle East where growth will be at CAGRs of 9.61% and 9.50% respectively. These will be followed by Africa and Western Europe where the markets are expected to grow at CAGRs of 9.27% and 8.66% respectively.

The botanical supplements market is segmented by source into leaves, herbs, spices, flowers and other sources. The leaves market was the largest segment of the botanical supplements market segmented by source, accounting for 31.80% or $19.47 billion of the total in 2024. Going forward, the leaves segment is expected to be the fastest growing segment in the botanical supplements market segmented by source, at a CAGR of 9.79% during 2024-2029.

The botanical supplements market is segmented by form into tablets, powder, capsules, liquid, gummies and other forms. The tablets market was the largest segment of the botanical supplements market segmented by form, accounting for 32.92% or $20.15 billion of the total in 2024. Going forward, the powder segment is expected to be the fastest growing segment in the botanical supplements market segmented by form, at a CAGR of 12.12% during 2024-2029.

The botanical supplements market is segmented by application into energy and weight management, bone and joint health, immunity, gastrointestinal health, cardiac health, diabetes, anti-cancer and other applications. The energy and weight management market was the largest segment of the botanical supplements market segmented by application, accounting for 31.76% or $19.44 billion of the total in 2024.

Going forward, the energy and weight management segment is expected to be the fastest growing segment in the botanical supplements market segmented by application, at a CAGR of 11.08% during 2024-2029.

The botanical supplements market is segmented by distribution channel into retail pharmacies, online pharmacies and hospital pharmacies. The retail pharmacies market was the largest segment of the botanical supplements market segmented by distribution channel, accounting for 48.10% or $29.45 billion of the total in 2024. Going forward, the online pharmacies segment is expected to be the fastest growing segment in the botanical supplements market segmented by distribution channel, at a CAGR of 9.19% during 2024-2029.

Market-trend-based strategies for the botanical supplements market include focusing on the development of innovative, science-backed formulations, developing advanced formulations through research and development, introducing new product lines to cater to evolving consumer preferences, such as organic formulations, innovating a platform to develop cutting-edge wellness solutions and developing wellness products to cater to the growing consumer demand for natural health solutions.

The top opportunities in the botanical supplements market segmented by source will arise in the leaves segment, which will gain $11.58 billion of global annual sales by 2029. The top opportunities in the botanical supplements market segmented by distribution channel will arise in the retail pharmacies segment, which will gain $15.56 billion of global annual sales by 2029. The top opportunities in the botanical supplements market segmented by application will arise in the energy and weight management segment, which will gain $13.44 billion of global annual sales by 2029. The top opportunities in the botanical supplements market segmented by form will arise in the tablets segment, which will gain $8.95 billion of global annual sales by 2029. The botanical supplements market size will gain the most in the USA at $6.51 billion.

Player-adopted strategies in the botanical supplements market include focus on expanding operational capabilities through strategic merger and acquisitions, focus on enhancing business capabilities through the launch of new products and focus on enhancing business operations through brand expansion.

To take advantage of the opportunities, the analyst recommends the botanical supplements companies to focus on innovation and personalization, focus on advanced formulations and targeted health benefits, focus on expanding product offerings to meet evolving consumer preferences, focus on innovating sustainable botanical supplements, focus on expanding product portfolios with traditional and natural ingredients, focus on the leaves market segment, focus on powder supplements for growth opportunities, expand in emerging markets, focus on expanding distribution channels for botanical supplements, focus on competitive and value-based pricing for botanical supplements, focus on digital marketing strategies to expand reach for botanical supplement companies, focus on developing referral program to drive organic growth, focus on online pharmacies for growth and focus on energy and weight management segment.

Major Market Trends

  • Innovation in Botanical Supplements For Stress and Mood Support
  • Advancement in Targeted Botanical Supplement For Multiple Sclerosis and Inflammation Support
  • Expansion of Botanical Supplement Offerings To Meet Evolving Consumer Need
  • Revolutionizing Market With Innovative Nutri-Tech Platforms For Sustainable Wellness Solutions
  • Innovation in Modern Skin Biology With Natural Wellness Products

Key Mergers and Acquisitions

  • OmniActive Health Technologies Acquired Enovate Bio Life To Expand Wellness Portfolio
  • Kerry Group Acquired Natreon To Expand Consumer Base
  • Evonik Acquired Botanica To Strengthen Sustainable Active Ingredients Portfolio
  • Bluebird Botanicals Acquired Precision Botanicals To Enhance Hemp and CBD Capabilities

Table of Contents

1 Executive Summary
1.1 Botanical Supplements - Market Attractiveness and Macro economic Landscape
2 Table of Contents3 List of Tables4 List of Figures5 Report Structure
6 Market Characteristics
6.1 General Market Definition
6.2 Summary
6.3 Botanical Supplements Market Definition and Segmentations
6.4 Market Segmentation by Source
6.4.1 Herbs
6.4.2 Leaves
6.4.3 Spices
6.4.4 Flowers
6.4.5 Other Sources
6.5 Market Segmentation by Form
6.5.1 Powder
6.5.2 Liquid
6.5.3 Tablets
6.5.4 Capsules
6.5.5 Gummies
6.5.6 Other Forms
6.6 Market Segmentation by Application
6.6.1 Energy and Weight Management
6.6.2 Bone and Joint Health
6.6.3 Gastrointestinal Health
6.6.4 Immunity
6.6.5 Cardiac Health
6.6.6 Diabetes
6.6.7 Anti-Cancer
6.6.8 Other Applications
6.7 Market Segmentation by Distribution Channel
6.7.1 Hospital Pharmacies
6.7.2 Retail Pharmacies
6.7.3 Online Pharmacies
7 Major Market Trends
7.1 Innovation in Botanical Supplements For Stress and Mood Support
7.2 Advancement in Targeted Botanical Supplement For Multiple Sclerosis and Inflammation Support
7.3 Expansion of Botanical Supplement Offerings To Meet Evolving Consumer Need
7.4 Revolutionizing Market With Innovative Nutri-Tech Platforms For Sustainable Wellness Solutions
7.5 Innovation in Modern Skin Biology With Natural Wellness Products
8 Botanical Supplements Market - Macro Economic Scenario
9 Global Botanical Supplements Growth Analysis and Strategic Analysis Framework
9.1 Global: PESTEL Analysis
9.1.1 Political
9.1.2 Economic
9.1.3 Social
9.1.4 Technological
9.1.5 Legal
9.1.6 Environmental
9.2 Analysis of End Use Industries
9.2.1 Aged Consumers
9.2.2 Health-Conscious Consumers
9.2.3 Fitness Enthusiasts
9.2.4 Children
9.2.5 Other End Users
9.3 Global Market Size and Growth
9.4 Market Size
9.5 Historic Market Growth, 2019-2024, Value ($ Million)
9.5.1 Market Drivers 2019-2024
9.5.2 Market Restraints 2019-2024
9.6 Forecast Market Growth, 2024-2029, 2034F Value ($ Million)
9.6.1 Market Drivers 2024-2029
9.6.2 Market Restraints 2024-2029
10 Global Botanical Supplements Market Segmentation
10.1 Global Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
10.2 Global Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
10.3 Global Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
10.4 Global Botanical Supplements Market, Segmentation by Form, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
11 Botanical Supplements Market, Regional and Country Analysis
11.1 Global Botanical Supplements Market, by Region, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
11.2 Global Botanical Supplements Market, by Country, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12 Asia-Pacific Market
12.1 Summary
12.2 Market Overview
12.2.1 Region Information
12.2.2 Market Information
12.2.3 Background Information
12.2.4 Government Initiatives
12.2.5 Regulations
12.2.6 Regulatory Bodies
12.2.7 Major Associations
12.2.8 Taxes Levied
12.2.9 Corporate Tax Structure
12.2.10 Investments
12.2.11 Major Companies
12.3 Asia-Pacific Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.4 Asia-Pacific Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.5 Asia-Pacific Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.6 Asia-Pacific Botanical Supplements Market: Country Analysis
12.7 China Market
12.8 Summary
12.9 Market Overview
12.9.1 Country Information
12.9.2 Market Information
12.9.3 Background Information
12.9.4 Government Initiatives
12.9.5 Regulations
12.9.6 Regulatory Bodies
12.9.7 Major Associations
12.9.8 Taxes Levied
12.9.9 Corporate Tax Structure
12.9.10 Investments
12.9.11 Major Companies
12.10 China Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.11 China Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.12 China Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.13 India Market
12.14 India Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.15 India Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.16 India Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.17 Japan Market
12.18 Market Overview
12.18.1 Region Information
12.18.2 Market Information
12.18.3 Background Information
12.18.4 Government Initiatives
12.18.5 Regulations
12.18.6 Regulatory Bodies
12.18.7 Major Associations
12.18.8 Taxes Levied
12.18.9 Corporate Tax Structure
12.18.10 Investments
12.18.11 Major Companies
12.19 Japan Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.20 Japan Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.21 Japan Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.22 Australia Market
12.23 Australia Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.24 Australia Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.25 Australia Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.26 Indonesia Market
12.27 Indonesia Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.28 Indonesia Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.29 Indonesia Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.30 South Korea Market
12.31 Market Overview
12.31.1 Country Information
12.31.2 Market Information
12.31.3 Background Information
12.31.4 Government Initiatives
12.31.5 Regulations
12.31.6 Regulatory Bodies
12.31.7 Major Associations
12.31.8 Taxes Levied
12.31.9 Corporate Tax Structure
12.31.10 Major Companies
12.32 South Korea Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.33 South Korea Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
12.34 South Korea Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13 Western Europe Market
13.1 Summary
13.2 Market Overview
13.2.1 Region Information
13.2.2 Market Information
13.2.3 Background Information
13.2.4 Government Initiatives
13.2.5 Regulations
13.2.6 Regulatory Bodies
13.2.7 Major Associations
13.2.8 Taxes Levied
13.2.9 Corporate tax structure
13.2.10 Investments
13.2.11 Major Companies
13.3 Western Europe Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.4 Western Europe Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.5 Western Europe Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.6 Western Europe Botanical Supplements Market: Country Analysis
13.7 UK Market
13.8 UK Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.9 UK Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.10 UK Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.11 Germany Market
13.12 Germany Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.13 Germany Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.14 Germany Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.15 France Market
13.16 France Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.17 France Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.18 France Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.19 Italy Market
13.20 Italy Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.21 Italy Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.22 Italy Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.23 Spain Market
13.24 Spain Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.25 Spain Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
13.26 Spain Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14 Eastern Europe Market
14.1 Summary
14.2 Market Overview
14.2.1 Region Information
14.2.2 Market Information
14.2.3 Background Information
14.2.4 Government Initiatives
14.2.5 Regulations
14.2.6 Regulatory Bodies
14.2.7 Major Associations
14.2.8 Taxes Levied
14.2.9 Corporate Tax Structure
14.2.10 Investments
14.2.11 Major companies
14.3 Eastern Europe Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14.4 Eastern Europe Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14.5 Eastern Europe Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14.6 Eastern Europe Botanical Supplements Market: Country Analysis
14.7 Russia Market
14.8 Russia Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14.9 Russia Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
14.10 Russia Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15 North America Market
15.1 Summary
15.2 Market Overview
15.2.1 Region Information
15.2.2 Market Information
15.2.3 Background Information
15.2.4 Government Initiatives
15.2.5 Regulations
15.2.6 Regulatory Bodies
15.2.7 Major Associations
15.2.8 Taxes Levied
15.2.9 Corporate Tax Structure
15.2.10 Investments
15.2.11 Major Companies
15.3 North America Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.4 North America Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.5 North America Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.6 North America Botanical Supplements Market: Country Analysis
15.7 USA Market
15.8 Summary
15.9 Market Overview
15.9.1 Country Information
15.9.2 Market Information
15.9.3 Background Information
15.9.4 Government Initiatives
15.9.5 Regulations
15.9.6 Regulatory Bodies
15.9.7 Major Association
15.9.8 Taxes Levied
15.9.9 Corporate Tax Structure
15.9.10 Investments
15.9.11 Major Companies
15.10 USA Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.11 USA Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.12 USA Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.13 Canada Market
15.14 Market Overview
15.14.1 Region Information
15.14.2 Market Information
15.14.3 Background Information
15.14.4 Government Initiatives
15.14.5 Regulations
15.14.6 Regulatory Bodies
15.14.7 Major Associations
15.14.8 Taxes Levied
15.14.9 Corporate Tax Structure
15.14.10 Investments
15.14.11 Major Companies
15.15 Canada Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.16 Canada Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
15.17 Canada Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16 South America Market
16.1 Summary
16.2 Market Overview
16.2.1 Region Information
16.2.2 Market Information
16.2.3 Background Information
16.2.4 Government Initiatives
16.2.5 Regulations
16.2.6 Regulatory Bodies
16.2.7 Major Associations
16.2.8 Taxes Levied
16.2.9 Corporate Tax Structure
16.2.10 Investments
16.2.11 Major Companies
16.3 South America Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16.4 South America Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16.5 South America Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16.6 South America Botanical Supplements Market: Country Analysis
16.7 Brazil Market
16.8 Brazil Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16.9 Brazil Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
16.10 Brazil Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
17 Middle East Market
17.1 Summary
17.2 Market Overview
17.2.1 Region Information
17.2.2 Market Information
17.2.3 Background Information
17.2.4 Government Initiatives
17.2.5 Regulations
17.2.6 Regulatory Bodies
17.2.7 Major Associations
17.2.8 Taxes Levied
17.2.9 Corporate Tax Structure
17.2.10 Investments
17.2.11 Major Companies
17.3 Middle East Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
17.4 Middle East Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
17.5 Middle East Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
18 Africa Market
18.1 Summary
18.2 Market Overview
18.2.1 Region Information
18.2.2 Market Information
18.2.3 Background Information
18.2.4 Government Initiatives
18.2.5 Regulations
18.2.6 Regulatory Bodies
18.2.7 Major Associations
18.2.8 Taxes Levied
18.2.9 Corporate Tax Structure
18.2.10 Major Companies
18.3 Africa Botanical Supplements Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
18.4 Africa Botanical Supplements Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
18.5 Africa Botanical Supplements Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2029F, 2034F, Value ($ Million)
19 Competitive Landscape and Company Profiles
19.1 Company Profiles
19.2 Nature's Bounty
19.2.1 Company Overview
19.2.2 Products and Services
19.2.3 Business Strategy
19.2.4 Financial Overview
19.3 GNC Holdings Inc.
19.3.1 Company Overview
19.3.2 Products and Services
19.3.3 Financial Overview
19.4 Amway Corporation
19.4.1 Company Overview
19.4.2 Products and Services
19.4.3 Business Strategy
19.4.4 Financial Overview
19.5 Archer Daniels Midland Company
19.5.1 Company Overview
19.5.2 Products and Services
19.5.3 Business Strategy
19.5.4 Financial Overview
19.6 Glanbia Plc.
19.6.1 Company Overview
19.6.2 Products and Services
19.6.3 Business Strategy
19.6.4 Financial Overview
20 Competitive Benchmarking21 Competitive Dashboard
22 Key Mergers and Acquisitions
22.1 OmniActive Health Technologies Acquired Enovate Bio Life To Expand Wellness Portfolio
22.2 Kerry Group Acquired Natreon To Expand Consumer Base
22.3 Evonik Acquired Botanica To Strengthen Sustainable Active Ingredients Portfolio
22.4 Bluebird Botanicals Acquired Precision Botanicals To Enhance Hemp and CBD Capabilities
23 Recent Developments in the Botanical Supplements Market
23.1 Innovations in Plant-Based Dietary Supplements
23.2 Innovative Vegan Botanical Extracts For Makeup Formulations
23.3 AI-Powered Genomic Testing in Botanical Ingredients
23.4 Innovative Botanical Wellness Products
23.5 The Rise of Whole Food Supplements in the Botanical Market
24 Opportunities and Strategies
24.1 Global Botanical Supplements Market in 2029 - Countries Offering Most New Opportunities
24.2 Global Botanical Supplements Market in 2029 - Segments Offering Most New Opportunities
24.3 Global Botanical Supplements Market in 2029 - Growth Strategies
24.3.1 Market Trend Based Strategies
24.3.2 Competitor Strategies
25 Botanical Supplements Market, Conclusions and Recommendations
25.1 Conclusions
25.2 Recommendations
25.2.1 Product
25.2.2 Place
25.2.3 Price
25.2.4 Promotion
25.2.5 People
26 Appendix
26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 About the Analyst
26.6 Copyright and Disclaimer

Executive Summary

Botanical Supplements Global Market Opportunities And Strategies To 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global botanical supplements market as it emerges from the COVID-19 shut down.

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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 history and forecasts market growth by geography. It places the market within the context of the wider botanical supplements market; and compares it with other markets.

The report covers the following chapters

  • Introduction and Market Characteristics Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by source, by form, by application and by distribution channel.
  • Key Trends Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
  • Macro-Economic Scenario The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the botanical supplements market.
  • Global Market Size And Growth Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional And Country Analysis Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
  • Market Segmentation Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by source, by form, by application and by distribution channel in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
  • Regional Market Size and Growth Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Competitive Benchmarking Briefs on the financials comparison between major players in the market.
  • Competitive Dashboard Briefs on competitive dashboard of major players.
  • Key Mergers and Acquisitions Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
  • Market Opportunities And Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions And Recommendations This section includes recommendations for botanical supplements providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope

Markets Covered:

1) By Source: Leaves; Herbs; Spices; Flowers; Other Sources
2) By Form: Tablets; Powder; Capsules; Liquid; Gummies; Other Forms
3) By Application: Energy And Weight Management; Bone And Joint Health; Immunity; Gastrointestinal Health; Cardiac Health; Diabetes; Anti-Cancer; Other Applications
4) By Distribution Channel: Retail Pharmacies; Online Pharmacies; Hospital Pharmacies

Key Companies Mentioned: Nature's Bounty; GNC Holdings Inc; Amway Corporation; Archer Daniels Midland Company; Glanbia Plc

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Italy; Spain; Russia

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; botanical supplements indicators comparison.

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.

Companies Mentioned

The major companies featured in this Botanical Supplements market report include:
  • Nature's Bounty
  • GNC Holdings Inc
  • Amway Corporation
  • Archer Daniels Midland Company
  • Glanbia Plc
  • Himalaya Wellness Company
  • Now Foods
  • Gaia Herbs LLC.
  • Bio-Botanica Inc
  • MegaFood
  • Denzour Nutrition
  • Organic India
  • Dabur India Ltd
  • Himalaya Wellness Company
  • Kirin Holdings Co., Ltd
  • Kenko Corporation
  • Umeken Co. Ltd
  • Australian Natural Health Pharmaceuticals Pty Ltd
  • Ningbo Traditional Chinese Pharmaceutical Corp.
  • Hunan Nutramax Inc.
  • Shaanxi Jiahe Phytochem Co., Ltd
  • Ningbo Traditional Chinese Pharmaceutical Corp
  • Hunan Nutramax Inc
  • Herbalife
  • Nature's Bounty
  • Blackmores
  • Yotsuba Japan
  • Botanic Supplements
  • Bon cosmetics co ltd.
  • Pulmuone Health & Living
  • Pukka Herbs
  • Zoe
  • Nature's Aid
  • Salus Haus
  • Pascoe Naturmedizin
  • Arkopharma
  • Laboratorios Diafarm
  • Aboca
  • Evalar
  • Aflofarm Farmacja
  • Herbapol-LublinPolska
  • BiofarmBotanical
  • Hofigal
  • Dacia Plant
  • Plafar
  • Tilray Brands Inc
  • Numi Organic Tea
  • Jamieson Wellness
  • Natural Factors
  • Flora Health
  • Irwin Naturals
  • Nature’s Way
  • NOW Foods
  • Herbalife
  • Herbalife United States
  • Nature's Way
  • Gaia Herbs
  • NutraBlast
  • Else Nutrition Holdings Inc
  • Botanical Supplements
  • Nature's Way Canada
  • Organika Health Products
  • New Roots Herbal
  • Bioforce Canada
  • Herbarium
  • ADM
  • Duas Rodas
  • Sabinsa Corporation
  • Herbalife Ltd
  • Bayer AG
  • Pfizer Inc
  • Merck KGaA
  • Boehringer Ingelheim GmbH
  • Kokomodo
  • TopGum Industries Ltd.
  • Solbar Industries
  • Lycored Ltd.
  • Shamim Daru Co.
  • Tolid Darou Pharmaceutical Company
  • Herbal Essence Arabia
  • Pure Health Holding PJSC
  • iHealth
  • Zardband Pharmaceuticals
  • Cairo
  • Aro Afriglobal Herbal Services
  • Natural Nigerian

Table Information