Herbal Nutraceutical Market Size, Share, Opportunities, And Trends By Product Type (Ginger, Garlic, Turmeric, Aloe Vera, Green Tea, Others), By Nature (Conventional, Organic), By Form (Powder, Liquid, Capsules & Tablets, Others), By Sales Channel (Pharmacy, Online Stores, Supermarkets/Hypermarkets, Others), And By Geography - Forecasts From 2023 To 2028

Herbal nutraceuticals are made from all-natural ingredients without the addition of any artificial additives. Compared to frequently used items on the market today, these products are far stronger, safer, and more sustainable. It aids in maintaining health and combats acute and chronic diseases brought on by poor nutrition, improving overall well-being, livability, and sustainability.

The use of herbal nutraceuticals contributed to the preservation and improvement of life expectancy and health. It protects against both acute and long-term ailments that could be caused by poor diet. Herbal nutraceuticals' natural sources are free of contaminants and other chemicals. Nutraceuticals made from herbs are sometimes referred to as plant foods that may contain one or more herbs.

People who are allergic to the components included in prescription medications strongly embrace herbal nutraceuticals. While they are ingested over a lengthy period and are known to improve overall well-being, herbs are known to have fewer side effects. These nutraceuticals are quite effective in providing diagnostic comfort, particularly in the case of allergies, and improve immunity without having any negative side effects. The affordability of these nutraceuticals is one of their main advantages. These nutraceuticals are reasonably priced, portable, and available over the counter. Shatavari is a medicinal plant that is used to make herbal nutraceuticals that are used to treat conditions like infertility. Tablets consisting of fenugreek and pepper are also used to manage blood sugar levels. A lotus stem is also an effective treatment for cardiovascular disease, and Garcinia Cambogia is used to manage obesity. Some dietary supplements support skin care as well. A few herbs contain antibacterial properties that help skin fight off infection while also eliminating crimps and dark spots to give it a bright luster.

Expansion is driven by the use of nutritional supplements for preventative health.

People are using dietary supplements and functional foods to prevent disease as a result of the current pandemic breakout and the rising prevalence of infectious diseases. Businesses in the nutraceuticals market for herbal extracts are leveraging the trend to increase the use of dietary supplements and functional meals. The market for herbal extracts in nutraceuticals is stimulated by the development of mobile applications and telemedicine for information on dietary supplements made from natural components. The usage of extracts from plants like aloe vera, tulsi, and cinnamon in nutraceuticals is encouraging consumers to buy them.

The growing trend of individualized nutrition upsurges the market.

The most recent development in this market's worldwide trends is customized nutrition. The herbal nutraceuticals industry will profit from this market's strong expansion, especially those businesses whose products have clean labels and well-established health advantages. This market's expansion mostly relies on customized versions of ideas like "one size fits all." Also, clients are drawn to customizing services that include nutrition, exercise, and supplements. The importance of these nutraceuticals in the predictive and prophetic conception of health is also likely to increase. The market for herbal nutraceuticals is expected to increase as a result of the aforementioned factors.

Asia Pacific is projected to be the prominent market shareholder in the global herbal nutraceutical market and is anticipated to continue throughout the forecast period.

In recent years, the Asia Pacific area is anticipated to become the largest market for herbal supplements. Throughout the projected period, a rise in consumer awareness of the advantages of these supplements for health and well-being is anticipated to support market expansion. There will be a boost in the growth of the herbal nutraceuticals market as customer concern over goods made of chemicals grows. The market will be driven by the advantages that nutraceuticals offer, such as better health and the ability to fight illnesses like osteoporosis. Throughout the projected period, the market growth is anticipated to accelerate due to technological developments in the healthcare infrastructure and increasing research and development by the leading players in this area.

Market Key Developments

• In October 2021, To provide certified organic and conventional elderberries, known as "ElderMune," to the food and beverage firms in South and North America, Taiyo, and NutriSciences teamed up. ElderMune contains elderberry juice that has been TRU-ID verified and has been shown to contain prebiotic Sunfiber.
• In March 2021, Six brand-new mushroom capsule formulations from Gaia Herb's support anomalies in lung, brain, heart, and neurological health.  

Segmentation:

• By Product Type
  • Ginger
  • Garlic
  • Turmeric
  • Aloe Vera
  • Green Tea
  • Others
• By Nature
  • Conventional
  • Organic
• By Form
  • Powder
  • Liquid
  • Capsules & Tablets
  • Others
• By Sales Channel
  • Pharmacy
  • Online Stores
  • Supermarkets/Hypermarkets
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY 

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL HERBAL NUTRACEUTICALS MARKET, BY PRODUCT TYPE

5.1. Introduction

5.2. Ginger

5.3. Garlic

5.4. Turmeric

5.5. Aloe Vera

5.6. Green Tea

5.7. Others

6. GLOBAL HERBAL NUTRACEUTICALS MARKET, BY NATURE

6.1. Introduction

6.2. Conventional

6.3. Organic

7. GLOBAL HERBAL NUTRACEUTICALS MARKET, BY FORM

7.1. Introduction

7.2. Powder

7.3. Liquid

7.4. Capsules & Tablets

7.5. Others

8. GLOBAL HERBAL NUTRACEUTICALS MARKET, BY SALES CHANNEL

8.1. Introduction

8.2. Pharmacy

8.3. Online Stores

8.4. Supermarkets/Hypermarkets

8.5. Others

9. GLOBAL HERBAL NUTRACEUTICALS MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. United States

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Spain

9.4.5. Others

9.5. The Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Israel

9.5.4. Others

9.6. Asia Pacific

9.6.1. Japan

9.6.2. China

9.6.3. India

9.6.4. South Korea

9.6.5. Indonesia

9.6.6. Thailand

9.6.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. COMPANY PROFILES        

11.1. Bio Botanica, Inc.

11.2. Gaia Herbs Farm

11.3. Herbochem

11.4. Nature’s Bounty

11.5. Now Foods

11.6. Oregon's Wild Harvest

11.7. Pharmaca

11.8. Pure Encapsulations, Llc

 

11.9. Sydler India Pvt

Bio Botanica, Inc.

Gaia Herbs Farm

Herbochem

Nature’s Bounty

Now Foods

Oregon's Wild Harvest

Pharmaca

Pure Encapsulations, Llc

Sydler India Pvt