Herbal Supplement Market: Current Analysis and Forecast (2020-2026): Emphasis on Source (Leaves, Roots, Bark, Seeds, Others), Formulation (Tablets, Capsules, Liquid, Powder & Granules, Others), Application (Food & beverages, Pharmaceuticals, Personal Care), End-User (Adult Women, Adult Men, Pediatric, Baby Boomers), Distribution Channel (Herbal Store, Drug store, Supermarket/Hypermarket, Others) and Region/Country

Date : Apr 2020

Formats :
Report Code : PMR294123198

Category : Food and Beverages
No Of Pages : 179
Global herbal supplements market was valued at US$ 70.42 billion in 2019 and is anticipated to reach US$ 110.26 billion by 2026 displaying elevated CAGR of 6.7% over the forecast period 2020-2026 . Herbal supplements are the dietary supplements that are extracted from plants or parts of plants for medicinal and therapeutic purposes. Herbal Supplements are used for the prevention and management of various diseases and ailments and are called photomedicine. These supplements work as natural alternatives for hormone replacement therapy, as plants have been used in medicinal purposes for thousands of years. They offer natural ways to improve prostate health, cognitive function and brain health, and connective and joint tissue health. These can be liquids or solids in the form of tablets, capsules, soft gels, gelcaps, or powders. Rising concerns regarding the adverse effects of synthetically derived nutraceuticals are projected to augment the demand for herbal supplements. Increasing spending on health and wellness and rising disposable income levels, especially in the emerging nations, are expected to augment the demand for herbal supplements globally. The preference for buying such herbal products as compared to luxury goods among the consumers is also portraying a dramatic surge. Herbal supplements help maintain cholesterol levels, regulate the digestive system, and reduce stress. Thus, increasing awareness about the health benefits offered by these products is expected to fuel market development.
List of common herbal supplements and their uses
• Aloe Vera: used topically for burns, psoriasis and osteoarthritis. Used in the oral form for digestive issues such as gastritis or constipation.
• Black cohosh: used to treat hot flashes, night sweats, vaginal dryness and menopausal symptoms.
• Chamomile: used to treat sleeplessness, anxiety, upset stomach, gas and diarrhea. It is also used topically for skin conditions. Caution in people with ragweed allergy.
• Echinacea: used to fight cold and flu symptoms.
• Flaxseed: used to lower cholesterol. Good source of fiber and omega-3 fatty acids.
• Ginko: used to treat memory problems and tinnitus ringing in the ears . It can be used along with the antidepressant selective serotonin reuptake inhibitors SSRIs to enhance sex drive and sexual performance in people who have side effects with antidepressant medications. Caution in people taking blood thinners.
• Peppermint oil: used to treat digestion problems such as nausea, indigestion, stomach problems and bowel conditions.
• Soy: used to treat menopausal symptoms, memory problems and high cholesterol levels. Organic, whole soy food is preferable to soy supplements and processed soy foods like soy hot dogs.
• St. John’s Wort: used to treat depression, anxiety and sleep disorders. NOTE: This herb has many other drug and herb interactions. Consult your healthcare provider before starting this supplement
• Tea tree oil: used topically to treat several conditions including, acne, athletes foot, nail fungus, wounds, infections, lice, oral yeast infection thrush , cold sores and dandruff.

“Amongst Source, herbal supplements extracted from Roots dominated the market in 2019, with 42.1% share”
Based on the source, the global herbal supplement market is segmented into leaves, roots, bark and seeds. The popularity of herbal supplements has witnessed a rapid rise accredited to immense health benefits present in natural products. Consumption of these herbal supplements ensures nutritional enrichment in individuals. Herbal supplements extracted from Roots dominated the market in 2019. However, herbal supplements extracted from Leaves are expected to witness the highest CAGR growth of 7.4% during the forecast period 2020-2026.
“Herbal supplements are majorly consumed in the form of Capsules”
Based on formulations, the global herbal supplement market is bifurcated into tablets, capsules, liquid and powder & granules. Herbal supplements help maintain cholesterol levels, regulate the digestive system, and reduce stress. Thus, increasing awareness about the health benefits offered by these products is expected to fuel market development. Herbal supplements are majorly consumed in the form of Capsules. The segment is expected to generate revenue of US$ 35.71 billion by 2026.
“Pharmaceuticals sector is the largest industrial user of herbal supplements product, followed by F&B and personal care segment”
Based on application, the global herbal supplement market is bifurcated into food & beverages, pharmaceuticals and personal care. Growing inclination towards natural products, increasing health awareness and surging spend on health and wellbeing has catalyzed the growth of the pharmaceuticals herbal supplement market. The segment generated revenue of US$ 33.74 billion in 2019. In addition, the Personal Care segment is expected to witness the highest CAGR growth of 7.2% during the analyzed period.
“Amongst end-users, Adult women dominated the consumption of herbal supplement”
Based on end-user, the global herbal supplement market is classified into adult women, adult men, pediatric and baby boomers. Growing preference for natural products during pregnancy owing to a surge in awareness regarding the therapeutic properties of herbal supplements is one of the key factors that would boost the demand for herbal supplements among adult women. However, a growing elderly population would help the Baby Boomers end-user segment to witness the highest CAGR growth of 7.4% during the analyzed period.

“In 2019, herbal supplements were majorly sold through Drug Stores, followed by online channel”
Based on the distribution channel, the global herbal supplement market is bifurcated into herbal stores, drug stores, supermarket/hypermarket and online channels. Preference for e-commerce platforms with respect to ease of availability over conventional distribution channels for buying herbal supplements has risen tremendously due to cost-effectiveness and better convenience leading to the fastest growth over the analyzed period.
“Asia-Pacific dominated the global herbal supplements market in 2019, with 38.9% share”
For a deep-dive analysis of the industry, detailed country-level analysis was conducted for major regions/countries including North America US, Canada, Rest of North America , Europe Germany, UK, France, Italy, Spain, Rest of Europe , Asia-Pacific China, Japan, India, South Korea, Australia, Rest of Asia-Pacific and Rest of World Brazil, South Africa, Others . It has been estimated by WHO that 80% of the population of some Asian countries use herbal medicine for some health purposes. Increasing health awareness with respect to diet, growing mental disorders, and surging sedentary lifestyles has tremendously bolstered the Asia Pacific herbal supplements market.
Competitive Landscape-Top 10 Market Players
Jarrow Formulas, Inc., Solgar Inc., Herbalife International of America, Inc., Ricola AG, Bio-Botanica Inc., Blackmores Ltd, Himalaya Drug Company, Rainbow Light Nutritional Systems, Arizona Natural Products, Willmar Schwabe GmbH & Co. KG are some of the prominent players operating in the global herbal supplement industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products.
Reasons to buy:
• Current and future market size from 2020 to 2025 in terms of value US$
• Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Country-level details of the overall consumption of herbal supplements
• A quick review of overall industry performance at a glance
• In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start-ups
• The study comprehensively covers the market across different segments and sub-segments of the market
• Region Covered: North America US, Canada, Rest of North America , Europe Germany, UK, France, Italy, Spain, Rest of Europe , Asia-Pacific China, Japan, India, South Korea, Australia, Rest of Asia-Pacific and Rest of World Brazil, South Africa, Others
Customization Options:
UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Herbal Supplement market can be customized to the country level or any other market segment.
1. MARKET INTRODUCTION
1.1 Market Definition 19
1.2 Objective of the Study 19
1.3 Limitation 19
1.4 Stakeholders 20
1.5 Currency used in the Report 20
1.6 Scope of the Global Herbal Supplements Market Study 20
2. RESEARCH METHODOLOGY OR ASSUMPTION 21
2.1 Research Methodology for the Herbal Supplements Market Study 21
2.1.1 Main objective of the Herbal Supplement Market Study 22
3. INDUSTRY PERFORMANCE 23
4. EXECUTIVE SUMMARY 25
5. MARKET OVERVIEW 27
5.1 Introduction 27
5.1.1 List of common herbal supplements and their uses 27
5.2 Market Dynamics 28
5.2.1 Market Trend & Drivers 28
5.2.1.1 Growing Prevalence of Health Disorders 28
5.2.1.2 Continuous Research and Development 29
5.2.1.3 Changing Lifestyles & Increasing Health Awareness 29
5.2.2 Market Challenges 30
5.2.2.1 Adverse Effects on Human Body 30
5.2.3 Market Opportunities 30
5.2.3.1 Growing Scope in Adopting Food Technology 30
6. LEGAL & REGULATORY FRAMEWORK 31
6.1 General Overview 31
6.1.1 India 31
6.1.2 Malaysia 31
6.1.3 Philippines 31
6.1.4 Nigeria 32
6.1.5 Saudi Arabia 32
6.1.6 Australia 32
6.1.7 United States 32
6.1.8 Canada 33
6.1.9 European Union 33
7. DEMAND AND SUPPLY SIDE ANALYSIS 34
7.1 Demand Side Analysis 34
7.2 Supply Side Analysis 35
7.2.1 Top Partnerships 36
7.2.2 Top Mergers & Acquisitions 36
7.2.3 Top Funding 36
7.2.4 Top Business Expansion 36
7.2.5 Top Product Launches 36
7.2.6 Top Start-ups under Herbal Supplement Industry 37
8. VALUE CHAIN ANALYSIS 38
8.1 Value Chain Analysis 38
9. EXPORT IMPORT SCENARIO OF HERBAL SUPPLEMENT 39
9.1 General Overview 39
10. MARKET INSIGHTS BY PRODUCT TYPE 40
10.1 General Overview 40
10.1.1 Leaves 41
10.1.2 Roots 42
10.1.3 Barks 43
10.1.4 Seeds 44
10.1.5 Other Source 45
11. MARKET INSIGHTS BY FORMULATIONS 46
11.1 General Overview 46
11.1.1 Tablets 47
11.1.2 Capsules 48
11.1.3 Liquid 49
11.1.4 Powder& Granules 50
11.1.5 Others Form 51
12. MARKET INSIGHTS BY APPLICATION 52
12.1 General Overview 52
12.1.1 Food & Beverages 53
12.1.2 Pharmaceuticals 54
12.1.3 Personal Care 55
13. MARKET INSIGHTS BY END-USER 56
13.1 General Overview 56
13.1.1 Adult Women 57
13.1.2 Adult Men 58
13.1.3 Baby Boomers 59
13.1.4 Pediatric 60
14. MARKET INSIGHTS BY DISTRIBUTION CHANNELS 61
14.1 General Overview 61
14.1.1 Herbal Stores 62
14.1.2 Drug Stores 63
14.1.3 Supermarkets/Hypermarkets 64
14.1.4 Online Channels 65
15. MARKET INSIGHTS BY REGION 66
15.1 General Overview 66
15.2 North America Herbal Supplements Market 67
15.2.1 North America Herbal Supplements, by Source 67
15.2.2 North America Herbal Supplements Market, by Applications 68
15.2.3 North America Herbal Supplements Market, by End Use 68
15.2.4 North America Herbal Supplements Market, by Formulations 69
15.2.5 North America Herbal Supplements Market, by Distribution Channels 69
15.2.6 North America Herbal Supplements Market, by Country 70
15.2.6.1 US Herbal Supplements Market 70
15.2.6.1.1 US Herbal Supplements Market, by Source 71
15.2.6.1.2 US Herbal Supplements Market, by Applications 71
15.2.6.1.3 US Herbal Supplements Market, by End Use 72
15.2.6.1.4 US Herbal Supplements Market, by Formulations 72
15.2.6.1.5 US Herbal Supplements Market, by Distribution Channels 73
15.2.6.2 Canada Herbal Supplements Market 73
15.2.6.2.1 Canada Herbal Supplements Market, by Source 74
15.2.6.2.2 Canada Herbal Supplements Market, by Application 74
15.2.6.2.3 Canada Herbal Supplements Market, by End Use 75
15.2.6.2.4 Canada Herbal Supplements Market, by Formulations 75
15.2.6.2.5 Canada Herbal Supplements Market, by Distribution Channel 76
15.2.6.3 Rest of North America Herbal Supplements Market 76
15.2.6.3.1 Rest of North America Herbal Supplements Market, by Source 77
15.2.6.3.2 Rest of North America Herbal Supplement Market, by Application 77
15.2.6.3.3 Rest of North America Herbal Supplements Market, by End Use 78
15.2.6.3.4 Rest of North America Herbal Supplements Market, by Formulations 78
15.2.6.3.5 Rest of NA Herbal Supplements Market, by Distribution Channel 79
15.3 Europe Herbal Supplement Market 79
15.3.1 Europe Herbal Supplement Market, by Source 80
15.3.2 Europe Herbal Supplement Market, by Application 80
15.3.3 Europe Herbal Supplement Market, by End Use 81
15.3.4 Europe Herbal Supplement Market, by Formulation 81
15.3.5 Europe Herbal Supplement Market, by Distribution Channel 82
15.3.6 Europe Herbal Supplement Market, by Country 82
15.3.6.1 Germany Herbal Supplement Market 83
15.3.6.1.1 Germany Herbal Supplement Market, by Source 83
15.3.6.1.2 Germany Herbal Supplements Market, by Application 84
15.3.6.1.3 Germany Herbal Supplement Market, by End Use 84
15.3.6.1.4 Germany Herbal Supplement Market, by Formulation 85
15.3.6.1.5 Germany Herbal Supplement Market, by Distribution Channel 85
15.3.6.2 UK Herbal Supplement Market 86
15.3.6.2.1 UK Herbal Supplement Market, by Source 86
15.3.6.2.2 UK Herbal Supplement Market, by Application 87
15.3.6.2.3 UK Herbal Supplement Market, by End Use 87
15.3.6.2.4 UK Herbal Supplement Market, by Formulation 88
15.3.6.2.5 UK Herbal Supplement Market, by Distribution Channel 88
15.3.6.3 France Herbal Supplement Market 89
15.3.6.3.1 France Herbal Supplement Market, by Source 89
15.3.6.3.2 France Herbal Supplement Market, by Application 90
15.3.6.3.3 France Herbal Supplement Market, by End Use 90
15.3.6.3.4 France Herbal Supplement Market, by Formulation 91
15.3.6.3.5 France Herbal Supplement Market, by Distribution Channel 91
15.3.6.4 Italy Herbal Supplement Market 92
15.3.6.4.1 Italy Herbal Supplement Market, by Source 92
15.3.6.4.2 Italy Herbal Supplement Market, by Application 93
15.3.6.4.3 Italy Herbal Supplement Market, by End Use 93
15.3.6.4.4 Italy Herbal Supplement Market, by Formulation 94
15.3.6.4.5 Italy Herbal Supplement Market, by Distribution Channel 94
15.3.6.5 Spain Herbal Supplement Market 95
15.3.6.5.1 Spain Herbal Supplement Market, by Source 95
15.3.6.5.2 Spain Herbal Supplement Market, by Application 96
15.3.6.5.3 Spain Herbal Supplement Market, by End Use 96
15.3.6.5.4 Spain Herbal Supplement Market, by Formulation 97
15.3.6.5.5 Spain Herbal Supplement Market, by Distribution Channel 97
15.3.6.6 Rest of Europe Herbal Supplement Market 98
15.3.6.6.1 Rest of Europe Herbal Supplement Market, by Source 98
15.3.6.6.2 Rest of Europe Herbal Supplement Market, by Application 99
15.3.6.6.3 Rest of Europe Herbal Supplement Market, by End Use 99
15.3.6.6.4 Rest of Europe Herbal Supplement Market, by Formulation 100
15.3.6.6.5 Rest of Europe Herbal Supplement Market, by Distribution Channel 100
15.4 Asia-Pacific Herbal Supplement Market 101
15.4.1 Asia-Pacific Herbal Supplement Market, by Source 101
15.4.2 Asia-Pacific Herbal Supplement Market, by Application 102
15.4.3 Asia-Pacific Herbal Supplement Market, by End Use 102
15.4.4 Asia-Pacific Herbal Supplement Market, by Formulation 103
15.4.5 Asia-Pacific Herbal Supplement Market, by Distribution Channel 103
15.4.6 Asia-Pacific Herbal Supplement Market, by Country 104
15.4.6.1 China Herbal Supplement Market 104
15.4.6.1.1 China Herbal Supplement Market, by Source 105
15.4.6.1.2 China Herbal Supplement Market, by Application 105
15.4.6.1.3 China Herbal Supplement Market, by End Use 106
15.4.6.1.4 China Herbal Supplement Market, by Formulation 106
15.4.6.1.5 China Herbal Supplement Market, by Distribution Channel 107
15.4.6.2 Japan Herbal Supplement Market 107
15.4.6.2.1 Japan Herbal Supplement Market, by Source 108
15.4.6.2.2 Japan Herbal Supplement Market, by Application 108
15.4.6.2.3 Japan Herbal Supplement Market, by End Use 109
15.4.6.2.4 Japan Herbal Supplement Market, by Formulation 109
15.4.6.2.5 Japan Herbal Supplement Market, by Distribution Channel 110
15.4.6.3 India Herbal Supplement Market 110
15.4.6.3.1 India Herbal Supplement Market, by Source 111
15.4.6.3.2 India Herbal Supplement Market, by Application 111
15.4.6.3.3 India Herbal Supplement Market, by End Use 112
15.4.6.3.4 India Herbal Supplement Market, by Formulation 112
15.4.6.3.5 India Herbal Supplement Market, by Distribution Channel 113
15.4.6.4 Australia Herbal Supplement Market 113
15.4.6.4.1 Australia Herbal Supplement Market, by Source 114
15.4.6.4.2 Australia Herbal Supplement Market, by Application 114
15.4.6.4.3 Australia Herbal Supplement Market, by End Use 115
15.4.6.4.4 Australia Herbal Supplement Market, by Formulation 115
15.4.6.4.5 Australia Herbal Supplement Market, by Distribution Channel 116
15.4.6.5 South Korea Herbal Supplement Market 116
15.4.6.5.1 South Korea Herbal Supplement Market, by Source 117
15.4.6.5.2 South Korea Herbal Supplement Market, by Application 117
15.4.6.5.3 South Korea Herbal Supplement Market, by End Use 118
15.4.6.5.4 South Korea Herbal Supplement Market, by Formulation 118
15.4.6.5.5 South Korea Herbal Supplement Market, by Distribution Channel 119
15.4.6.6 Rest of APAC Herbal Supplement Market 119
15.4.6.6.1 Rest of APAC Herbal Supplement Market, by Source 120
15.4.6.6.2 Rest of APAC Herbal Supplement Market, by Application 120
15.4.6.6.3 Rest of APAC Herbal Supplement Market, by End Use 121
15.4.6.6.4 Rest of APAC Herbal Supplement Market, by Formulation 121
15.4.6.6.5 Rest of APAC Herbal Supplement Market, by Distribution Channel 122
15.5 Rest of World Herbal Supplement Market 122
15.5.1 Rest of World Herbal Supplement Market, by Source 123
15.5.2 Rest of World Herbal Supplement Market, by Application 123
15.5.3 Rest of World Herbal Supplement Market, by End Use 124
15.5.4 Rest of World Herbal Supplement Market, by Formulation 124
15.5.5 Rest of World Herbal Supplement Market, by Distribution Channel 125
15.5.5.1 Brazil Herbal Supplement Market 125
15.5.5.1.1 Brazil Herbal Supplement Market, by Source 126
15.5.5.1.2 Brazil Herbal Supplement Market, by Application 126
15.5.5.1.3 Brazil Herbal Supplement Market, by End Use 127
15.5.5.1.4 Brazil Herbal Supplement Market, by Formulation 127
15.5.5.1.5 Brazil Herbal Supplement Market, by Distribution Channel 128
15.5.5.2 South Africa Herbal Supplement Market 128
15.5.5.2.1 South Africa Herbal Supplement Market, by Source 129
15.5.5.2.2 South Africa Herbal Supplement Market, by Application 129
15.5.5.2.3 South Africa Herbal Supplement Market, by End Use 130
15.5.5.2.4 South Africa Herbal Supplement Market, by Formulation 130
15.5.5.2.5 South Africa Herbal Supplement Market, by Distribution Channel 131
15.5.5.3 Other Countries Herbal Supplement Market 131
15.5.5.3.1 Other Countries Herbal Supplement Market, by Source 131
15.5.5.3.2 Other Countries Herbal Supplement Market, by Application 132
15.5.5.3.3 Other Countries Herbal Supplement Market, by End Use 132
15.5.5.3.4 Other Countries Herbal Supplement Market, by Formulation 133
15.5.5.3.5 Other Countries Herbal Supplement Market, by Distribution Channel 133
16. COMPETITIVE SCENARIO 134
16.1 Porter’s Five forces analysis 134
16.1.1 Bargaining power of Supplier 135
16.1.2 Bargaining power of Buyer 135
16.1.3 Industry Rivalry 135
16.1.4 Availability of Substitute 135
16.1.5 Threat of new Entrants 136
16.2 Competitive Landscape 136
16.2.1 Market Share of Key Players in Herbal Supplement Market, 2019 137
17. TOP COMPANY PROFILES 138
17.1 Herbalife International of America, Inc. 138
17.1.1 Key Facts 138
17.1.2 Business Description 138
17.1.3 Key Product/Services Offerings 139
17.1.4 Growth Strategy 140
17.1.5 SWOT Analysis 141
17.1.6 Key Financials 142
17.1.6.1 Revenue Split, by Region and Segment 142
17.1.6.2 Financial Overview of Herbalife 143
17.1.7 Recent Developments 143
17.1.7.1 Product Launches 143
17.1.7.2 Partnerships 145
17.1.7.3 Business Expansions and Investment 145
17.2 Jarrow Formulas Inc 146
17.2.1 Key Facts 146
17.2.2 Business Description 146
17.2.3 Key Product/Services Offerings 146
17.2.4 Growth Strategy 147
17.2.5 SWOT Analysis 147
17.2.6 Recent Developments 148
17.2.6.1 Product Launches 148
17.2.6.2 Partnerships Strategic Alliance 148
17.2.6.3 Business Expansions 148
17.2.6.4 Mergers & Acquisitions 148
17.3 Solgar Inc 149
17.3.1 Key Facts 149
17.3.2 Business Description 149
17.3.3 Key Product/Services Offerings 149
17.3.4 Growth Strategy 150
17.3.5 SWOT Analysis 150
17.3.6 Recent Developments 151
17.3.6.1 Product Launches 151
17.3.6.2 Partnerships Strategic Alliance 151
17.3.6.3 Business Expansions 151
17.3.6.4 Mergers& Acquisitions 151
17.4 Ricola AG 152
17.4.1 Key Facts 152
17.4.2 Business Description 152
17.4.3 Key Product/Services Offerings 152
17.4.4 Growth Strategy 153
17.4.5 SWOT Analysis 153
17.4.6 Recent Developments 154
17.4.6.1 Product Launches 154
17.4.6.2 Partnerships Strategic Alliance 154
17.4.6.3 Business Expansions 154
17.4.6.4 Mergers& Acquisitions 154
17.5 Bio Botanica Inc 155
17.5.1 Key Facts 155
17.5.2 Business Description 155
17.5.3 Key Product/Services Offerings 155
17.5.4 Growth Strategy 156
17.5.5 SWOT Analysis 156
17.5.6 Recent Developments 157
17.5.6.1 Product Launches 157
17.5.6.2 Partnerships Strategic Alliance 157
17.5.6.3 Business Expansions 157
17.5.6.4 Mergers& Acquisitions 157
17.6 Blackmores Ltd 158
17.6.1 Key Facts 158
17.6.2 Business Description 158
17.6.3 Key Product/Services Offerings 158
17.6.4 Growth Strategy 159
17.6.5 SWOT Analysis 159
17.6.6 Key Financials 160
17.6.6.1 Revenue Split 161
17.6.6.2 Financial Overview of Blackmores Ltd 161
17.6.7 Recent Developments 162
17.6.7.1 Product Launches 162
17.6.7.2 Partnerships Strategic Alliance 162
17.6.7.3 Business Expansions 162
17.6.7.4 Mergers& Acquisitions 162
17.7 Himalaya Drug Company 163
17.7.1 Key Facts 163
17.7.2 Business Description 163
17.7.3 Key Product/Services Offerings 163
17.7.4 Growth Strategy 164
17.7.5 SWOT Analysis 164
17.7.6 Recent Developments 165
17.7.6.1 Product Launches 165
17.7.6.2 Partnerships Strategic Alliance 165
17.7.6.3 Business Expansions 165
17.7.6.4 Mergers& Acquisitions 165
17.8 Rainbow Light Nutritional Systems 166
17.8.1 Key Facts 166
17.8.2 Business Description 166
17.8.3 Key Product/Services Offerings 166
17.8.4 Growth Strategy 167
17.8.5 SWOT Analysis 167
17.8.6 Recent Developments 168
17.8.6.1 Product Launches 168
17.8.6.2 Partnerships Strategic Alliance 168
17.8.6.3 Business Expansions 168
17.8.6.4 Mergers& Acquisitions 168
17.9 Arizona Natural Products 169
17.9.1 Key Facts 169
17.9.2 Business Description 169
17.9.3 Key Product/Services Offerings 169
17.9.4 Growth Strategy 170
17.9.5 SWOT Analysis 170
17.9.6 Recent Developments 171
17.9.6.1 Product Launches 171
17.9.6.2 Partnerships Strategic Alliance 171
17.9.6.3 Business Expansions 171
17.9.6.4 Mergers& Acquisitions 171
17.10 Willmar Schwabe GmbH & Co. KG 172
17.10.1 Key Facts 172
17.10.2 Business Description 172
17.10.3 Key Product/Services Offerings 172
17.10.4 Growth Strategy 173
17.10.5 SWOT Analysis 173
17.10.6 Recent Developments 174
17.10.6.1 Product Launches 174
17.10.6.2 Partnerships Strategic Alliance 174
17.10.6.3 Business Expansions 174
17.10.6.4 Mergers& Acquisitions 174
FIG. 1 Scope of the Global Herbal Supplements Market Study 20
FIG. 2 Research Methodology for the Herbal Supplements Market Study 21
FIG. 3 Global Herbal Supplements Market by Value, 2018-2026 (US$ Million) 26
FIG. 4 Value Chain Analysis in Herbal Supplement Market 38
FIG. 5 Global Herbal Supplement Market Share by Source, 2019 & 2026 (%) 40
FIG. 6 Global Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 40
FIG. 7 Global Leaves Herbal Supplement Market by Region, 2018-2026 (US$ million) 41
FIG. 8 Global Roots Herbal Supplement Market by Region, 2018-2026 (US$ million) 42
FIG. 9 Global Barks Herbal Supplement Market by Region, 2018-2026 (US$ million) 43
FIG. 10 Global Seeds Herbal Supplement Market by Region, 2018-2026 (US$ million) 44
FIG. 11 Global Others Herbal Supplement Market by Region, 2018-2026 (US$ million) 45
FIG. 12 Global Herbal Supplements Market Share by Formulations, 2019 & 2026 (%) 46
FIG. 13 Global Herbal Supplements Market Size by Formulations, 2018-2026 (US$ Million) 46
FIG. 14 Global Tablets Herbal Supplements Market by Region, 2018-2026 (US$ million) 47
FIG. 15 Global Capsules Herbal Supplements 3D Camera Market by Region, 2018-2026 (US$ million) 48
FIG. 16 Global Liquid Herbal Supplements Market by Region, 2018-2026 (US$ million) 49
FIG. 17 Global Powder& Granules Herbal Supplements Market by Region, 2018-2026 (US$ million) 50
FIG. 18 Global Other Herbal Supplements Market by Region, 2018-2026 (US$ million) 51
FIG. 19 Global Herbal Supplements Market Share by Application, 2019 & 2026 (%) 52
FIG. 20 Global Herbal Supplements Market Size by Application, 2018-2026 (US$ Million) 52
FIG. 21 Global Food & Beverages Herbal Supplements by Region, 2018-2026 (US$ million) 53
FIG. 22 Global Pharmaceuticals Herbal Supplements Market by Region, 2018-2026 (US$ million) 54
FIG. 23 Global Personal Care Herbal Supplements Market by Region, 2018-2026 (US$ million) 55
FIG. 24 Global Herbal Supplements Market Share by End Use, 2019 & 2026 (%) 56
FIG. 25 Global Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 56
FIG. 26 Global Adult Women Herbal Supplements Market by Region, 2018-2026 (US$ million) 57
FIG. 27 Global Adult Men Herbal Supplements Market by Region, 2018-2026 (US$ million) 58
FIG. 28 Global Baby Boomers Herbal Supplements Market by Region, 2018-2026 (US$ million) 59
FIG. 29 Global Paediatric Herbal Supplements Market by Region, 2018-2026 (US$ million) 60
FIG. 30 Global Herbal Supplements Market Share by Distribution Channels, 2019 & 2026 (%) 61
FIG. 31 Global Herbal Supplements Market Size by Distribution Channels, 2018-2026 (US$ Million) 61
FIG. 32 Global Herbal Stores Herbal Supplements Market by Region, 2018-2026 (US$ million) 62
FIG. 33 Global Drug Stores Herbal Supplements 3D Camera Market by Region, 2018-2026 (US$ million) 63
FIG. 34 Global Supermarkets/Hypermarkets Herbal Supplements Market by Region, 2018-2026 (US$ million) 64
FIG. 35 Global Online Channels Herbal Supplements Market by Region, 2018-2026 (US$ million) 65
FIG. 36 Global Herbal Supplements Market Share by Region, 2019 & 2026 (%) 66
FIG. 37 Global Herbal Supplements Market Size by Region, 2018-2026 (US$ Million) 66
FIG. 38 North America Herbal Supplements Market Size by Source, 2018-2026 (US$ Million) 67
FIG. 39 North America Herbal Supplements Market Size by Applications, 2018-2026 (US$ Million) 68
FIG. 40 North America Herbal Supplements Market Size by End Use, 2018-2026 (US$ Million) 68
FIG. 41 North America Herbal Supplements Market Size by Formulations, 2018-2026 (US$ Million) 69
FIG. 42 North America Herbal Supplements Market Size by Distribution Channels, 2018-2026 (US$ Million) 69
FIG. 43 North America Herbal Supplements Market Size by Country, 2018-2026 (US$ Million) 70
FIG. 44 US Herbal Supplements Market Size by Source, 2018-2026 (US$ Million) 71
FIG. 45 US Herbal Supplements Market Size by Applications, 2018-2026 (US$ Million) 71
FIG. 46 US Herbal Supplements Market Size by End Use, 2018-2026 (US$ Million) 72
FIG. 47 US Herbal Supplements Market Size by Formulations, 2018-2026 (US$ Million) 72
FIG. 48 US Herbal Supplements Market Size by Distribution Channels, 2018-2026 (US$ Million) 73
FIG. 49 Canada Herbal Supplements Market Size by Source, 2018-2026 (US$ Million) 74
FIG. 50 Canada Herbal Supplements Market Size by Application, 2018-2026 (US$ Million) 74
FIG. 51 Canada Herbal Supplements Market Size by End Use, 2018-2026 (US$ Million) 75
FIG. 52 Canada Herbal Supplements Market Size by Formulations, 2018-2026 (US$ Million) 75
FIG. 53 Canada Herbal Supplements Market Size by Distribution Channel, 2018-2026 (US$ Million) 76
FIG. 54 Rest of North America Herbal Supplements Market Size by Source, 2018-2026 (US$ Million) 77
FIG. 55 Rest of North America Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 77
FIG. 56 Rest of North America Herbal Supplements Market Size by End Use, 2018-2026 (US$ Million) 78
FIG. 57 Rest of North America Herbal Supplements Market Size by Formulations, 2018-2026 (US$ Million) 78
FIG. 58 Rest of North America Herbal Supplements Market Size by Distribution Channel, 2018-2026 (US$ Million) 79
FIG. 59 Europe Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 80
FIG. 60 Europe Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 80
FIG. 61 Europe Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 81
FIG. 62 Europe Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 81
FIG. 63 Europe Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 82
FIG. 64 Europe Herbal Supplement Market Size by Country, 2018-2026 (US$ Million) 82
FIG. 65 Germany Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 83
FIG. 66 Germany Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 84
FIG. 67 Germany Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 84
FIG. 68 Germany Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 85
FIG. 69 Germany Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 85
FIG. 70 UK Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 86
FIG. 71 UK Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 87
FIG. 72 UK Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 87
FIG. 73 UK Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 88
FIG. 74 UK Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 88
FIG. 75 France Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 89
FIG. 76 France Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 90
FIG. 77 France Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 90
FIG. 78 France Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 91
FIG. 79 France Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 91
FIG. 80 Italy Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 92
FIG. 81 Italy Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 93
FIG. 82 Italy Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 93
FIG. 83 Italy Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 94
FIG. 84 Italy Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 94
FIG. 85 Spain Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 95
FIG. 86 Spain Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 96
FIG. 87 Spain Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 96
FIG. 88 Spain Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 97
FIG. 89 Spain Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 97
FIG. 90 Rest of Europe Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 98
FIG. 91 Rest of Europe Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 99
FIG. 92 Rest of Europe Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 99
FIG. 93 Rest of Europe Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 100
FIG. 94 Rest of Europe Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 100
FIG. 95 Asia-Pacific Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 101
FIG. 96 Asia-Pacific Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 102
FIG. 97 Asia-Pacific Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 102
FIG. 98 Asia-Pacific Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 103
FIG. 99 Asia-Pacific Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 103
FIG. 100 Asia-Pacific Herbal Supplement Market Size by Country, 2018-2026 (US$ Million) 104
FIG. 101 China Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 105
FIG. 102 China Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 105
FIG. 103 China Herbal Supplement Market Size End Use, 2018-2026 (US$ Million) 106
FIG. 104 China Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 106
FIG. 105 China Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 107
FIG. 106 Japan Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 108
FIG. 107 Japan Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 108
FIG. 108 Japan Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 109
FIG. 109 Japan Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 109
FIG. 110 Japan Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 110
FIG. 111 India Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 111
FIG. 112 India Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 111
FIG. 113 India Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 112
FIG. 114 India Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 112
FIG. 115 India Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 113
FIG. 116 Australia Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 114
FIG. 117 Australia Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 114
FIG. 118 Australia Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 115
FIG. 119 Australia Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 115
FIG. 120 Australia Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 116
FIG. 121 South Korea Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 117
FIG. 122 South Korea Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 117
FIG. 123 South Korea Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 118
FIG. 124 South Korea Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 118
FIG. 125 South Korea Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 119
FIG. 126 Rest of APAC Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 120
FIG. 127 Rest of APAC 3D Camera Market Size by Application, 2018-2026 (US$ Million) 120
FIG. 128 Rest of APAC Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 121
FIG. 129 Rest of APAC Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 121
FIG. 130 Rest of APAC Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 122
FIG. 131 Rest of World Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 123
FIG. 132 Rest of World Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 123
FIG. 133 Rest of World Herbal Supplement Market Size by End Use, 2018-2026 (US$ Million) 124
FIG. 134 Rest of World Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 124
FIG. 135 Rest of World Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 125
FIG. 136 Brazil Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 126
FIG. 137 Brazil Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 126
FIG. 138 Brazil Herbal Supplement Market Size End Use, 2018-2026 (US$ Million) 127
FIG. 139 Brazil Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 127
FIG. 140 Brazil Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 128
FIG. 141 South Africa Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 129
FIG. 142 South Africa Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 129
FIG. 143 South Africa Herbal Supplement Market Size End Use, 2018-2026 (US$ Million) 130
FIG. 144 South Africa Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 130
FIG. 145 South Africa Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 131
FIG. 146 Other Countries Herbal Supplement Market Size by Source, 2018-2026 (US$ Million) 131
FIG. 147 Other Countries Herbal Supplement Market Size by Application, 2018-2026 (US$ Million) 132
FIG. 148 Other Countries Herbal Supplement Market Size End Use, 2018-2026 (US$ Million) 132
FIG. 149 Other Countries Herbal Supplement Market Size by Formulation, 2018-2026 (US$ Million) 133
FIG. 150 Other Countries Herbal Supplement Market Size by Distribution Channel, 2018-2026 (US$ Million) 133
FIG. 151 Porter’s Five forces analysis of Herbal Supplement Market 134
FIG. 152 Market Share of Key Players in Herbal Supplement Market, 2019 (%) 137
FIG. 153 Mission of Herbalife International of America, Inc. 139
FIG. 154 Mission of Herbalife International of America, Inc. 140
FIG. 155 Herbalife International of America, Inc. SWOT Analysis 141
FIG. 156 Key Financials of Herbalife International of America, Inc. 142
FIG. 157 Herbalife International of America, Inc., Revenue Split, 2018 143
FIG. 158 Growth Strategies Adopted by Jarrow Formulas Inc 147
FIG. 159 Jarrow Formulas Inc, SWOT Analysis 147
FIG. 160 Growth Strategies Adopted by Solgar Inc 150
FIG. 161 Solgar Inc, SWOT Analysis 150
FIG. 162 Growth Strategies Adopted by Ricola AG 153
FIG. 163 Ricola AG, SWOT Analysis 153
FIG. 164 Growth Strategies Adopted by Bio-Botanica Inc. 156
FIG. 165 Bio-Botanica Inc. SWOT Analysis 156
FIG. 166 Growth Strategies Adopted by Blackmores Ltd. 159
FIG. 167 Blackmores Ltd, SWOT Analysis 159
FIG. 168 Key Financials of Blackmores Ltd 160
FIG. 169 Blackmres Ltd, Revenue Split, 2018 161
FIG. 170 Growth Strategies Adopted by Himalaya Drug Company 164
FIG. 171 Himalaya Drug Company, SWOT Analysis 164
FIG. 172 Growth Strategies Adopted by Rainbow Light Nutritional Systems 167
FIG. 173 Rainbow Light Nutritional Systems, SWOT Analysis 167
FIG. 174 Growth Strategies Adopted by Arizona Natural Products 170
FIG. 175 Arizona Natural Products, SWOT Analysis 170
FIG. 176 Growth Strategies Adopted by Willmar Schwabe GmbH & Co. KG 173
FIG. 177 Willmar Schwabe GmbH & Co. KG, SWOT Analysis 173
TABLE 1 Top Partnerships 36
TABLE 2 Top Mergers& Acquisitions 36
TABLE 3 Top Funding 36
TABLE 4 Top Business Expansion 36
TABLE 5 Top Product Launches 36
TABLE 6 Herbalife International of America, Inc. Key Facts 138
TABLE 7 TABLE 13 Product segmentation of Herbalife International of America, Inc. 139
TABLE 8 TABLE 14 Herbalife International of America, Inc. Growth Strategy 140
TABLE 9 TABLE 15 Herbalife International of America, Inc. Product Launches 143
TABLE 10 TABLE 16 Herbalife International of America, Inc. Partnerships 145
TABLE 11 TABLE 17 Herbalife International of America, Inc. Business Expansions, Investment and Divestitures 145
TABLE 12 Jarrow Formulas, Inc. Key Facts 146
TABLE 13 Product segmentation of Jarrow Formulas Inc 146
TABLE 14 Jarrow Formulas, Inc. Product Launches 148
TABLE 15 Jarrow Formulas, Inc. Partnerships 148
TABLE 16 Jarrow Formulas, Inc. Business Expansions 148
TABLE 17 Jarrow Formulas, Inc. Mergers and Acquisitions 148
TABLE 18 Solgar Inc Key Facts 149
TABLE 19 Product segmentation of Solgar Inc 149
TABLE 20 Solgar Inc Product Launches 151
TABLE 21 Solgar Inc Partnerships 151
TABLE 22 Solgar Inc Business Expansions 151
TABLE 23 Solgar Inc Mergers and Acquisitions 151
TABLE 24 Ricola AG, Inc Key Facts 152
TABLE 25 Product segmentation of Ricola AG 152
TABLE 26 Ricola AG, Product Launches 154
TABLE 27 Ricola AG Partnerships 154
TABLE 28 Ricola AG Business Expansions 154
TABLE 29 Ricola AG Mergers and Acquisitions 154
TABLE 30 Bio-Botanica Inc.Key Facts 155
TABLE 31 Product segmentation of Bio-Botanica Inc. 155
TABLE 32 Bio-Botanica Inc. Product Launches 157
TABLE 33 Bio-Botanica Inc. Partnerships 157
TABLE 34 Bio-Botanica Inc. Business Expansions 157
TABLE 35 Bio-Botanica Inc. Mergers and Acquisitions 157
TABLE 36 Blackmores Ltd, Key Facts 158
TABLE 37 Product segmentation of Blackmores Ltd 158
TABLE 38 Blackmores Ltd Product Launches 162
TABLE 39 Blackmores Ltd Partnerships 162
TABLE 40 Blackmores Ltd Business Expansions 162
TABLE 41 Blackmores Ltd Mergers and Acquisitions 162
TABLE 42 Himalaya Drug Company Key Facts 163
TABLE 43 Product segmentation of Himalaya Drug Company 163
TABLE 44 Himalaya Drug Company Product Launches 165
TABLE 45 Himalaya Drug Company Partnerships 165
TABLE 46 Himalaya Drug Company Business Expansions 165
TABLE 47 Himalaya Drug Company Mergers and Acquisitions 165
TABLE 48 Rainbow Light Nutritional Systems, Key Facts 166
TABLE 49 Product segmentation of Rainbow Light Nutritional Systems 166
TABLE 50 Rainbow Light Nutritional Systems Product Launches 168
TABLE 51 Rainbow Light Nutritional Systems Partnerships 168
TABLE 52 Rainbow Light Nutritional Systems Business Expansions 168
TABLE 53 Rainbow Light Nutritional Systems Mergers and Acquisitions 168
TABLE 54 Arizona Natural Products Key Facts 169
TABLE 55 Product segmentation of Arizona Natural Products 169
TABLE 56 Arizona Natural Products Product Launches 171
TABLE 57 Arizona Natural Products Partnerships 171
TABLE 58 Arizona Natural Products Business Expansions 171
TABLE 59 Arizona Natural Products Mergers and Acquisitions 171
TABLE 60 Willmar Schwabe GmbH & Co. KG Key Facts 172
TABLE 61 Product segmentation of Willmar Schwabe GmbH & Co. KG 172
TABLE 62 Willmar Schwabe GmbH & Co. KG Product Launches 174
TABLE 63 Willmar Schwabe GmbH & Co. KG Partnerships 174
TABLE 64 Willmar Schwabe GmbH & Co. KG Business Expansions 174
TABLE 65 U Willmar Schwabe GmbH & Co. KG Mergers and Acquisitions 174


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Planet Market Reports added Latest and detailed market study report that focuses on “Herbal Supplement Market" Which offers essential information based on fresh ideas into Herbal Supplement Market industry along with unique market analysis which covers current top Manufactures in Herbal Supplement Market, growth, Consumption Demand, challenges, Historical data, subjects wise Survey of each chapters, Regional Insights, and Advancing industry trends, which will help our clients to aim Herbal Supplement Market. In addition, the report helps the customers to get a brief idea about Future demand and specifications of products which ensures the driving long-term income and productivity of global market.