Global Herbal Supplements Market Trends, Applications, Analysis, Growth, and Forecast to 2027

Herbal Supplements Market Overview:

The report also offers insightful and detailed information regarding the various key players operating in the global herbal supplements market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.

An herb is a plant part or plant used for its flavor, scent, or therapeutic properties. Herbal supplements are types of dietary supplements. They are sold in various forms such as powders, tablets, capsules, teas, extracts, and fresh or dried plants. People use herbal supplements to maintain or improve their health.

Major factors driving the growth of the global herbal supplements market are increasing adoption of herbal products by an aging population and increasing incidence of lifestyle-related diseases.

In addition, changing lifestyles and standards of living, and unhealthy eating habits such as fast food and meals on the go are some other factors driving the growth of the global herbal supplements market.

Increasing demand for dietary herbal supplements among working and pregnant women is another factor expected to drive the growth of the global herbal supplements market.

The growing popularity of multi-herbs and concerns relating to side-effects of allopathic drugs is further fueling the growth of the global herbal supplements market.

A major factor hampering the growth of the global herbal supplements market is the high cost of products. In addition, stringent government regulations, product availability and acceptance, and lack of awareness regarding dosage consumption are other factors expected to hamper the growth of the global herbal supplements market.

Increasing R&D and availability of new product variants are expected to create lucrative opportunities for major players in the global herbal supplements market, which is expected to further drive the growth of the global herbal supplements market during the forecast period.

Global Herbal Supplements Market Segmentation:

Global herbal supplements market segmentation by source:

• Leaves
• Barks
• Fruits & vegetables
• Roots

Global herbal supplements market segmentation by function:

• Medicinal
• Aroma

Global herbal supplements market segmentation by form:

• Capsules & tablets
• Powder
• Syrups
• Oils

Global herbal supplements market segmentation by application:

• Pharmaceuticals
• Food & beverages
• Personal care

Global herbal supplements market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa