Herbal Supplements Market Analysis North America,Europe,Asia,Rest of World (ROW) - US,Germany,France,China,Japan - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 154 SKU: IRTNTR77116

Herbal Supplements Market Forecast 2024-2028

The global herbal supplements market size is estimated to grow by USD 32.87 billion at a CAGR of 6.68% between 2023 and 2028. In the herbal supplements market, driven by preventive healthcare and wellness services, the surge in demand for plant-based supplements like NutraGreen and Gaia Herbs reshapes consumer choices and industry dynamics. Active ingredients from plants or botanicals such as Vitamin C, Echinacea, and Aloe Vera gain prominence, especially in Asia Pacific, where Ayurveda and Traditional Chinese Medicine (TCM) influence herbal trends.

Tablets, capsules, powders, and liquids offer diverse delivery methods catering to various health needs. With rising obesity rates and weight gain disorders, herbal supplements play a crucial role in addressing health concerns, including diabetes, amidst an aging population's wellness focus, bolstering preventive healthcare efforts in fitness clubs and gyms.

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Market Segmentation by Distribution Channel, Formulation , and Geography Analysis

Distribution Channel

Offline Segment

The market share growth by the offline segment will be significant during the forecast period. Offline channels include various distribution networks, such as retail stores, pharmacies, supermarkets, and health food stores. These physical outlets provide consumers with direct access to a wide range, allowing them to make informed purchase decisions by interacting with products firsthand.

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The offline segment was the largest and was valued at USD 57.45 billion in 2018. The offline segment of the global herbal supplement market plays a pivotal role in providing consumers with physical access to these products, catering to individuals who prefer face-to-face interactions and immediate gratification. As the market continues to expand, offline channels will remain integral to the industry's overall growth and sustainability. Thus, the abovementioned advantages are expected to increase the demand in offline channels, which will propel the growth of the offline segment in the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. North America holds a significant position in the global herbal supplement market, characterized by a growing consumer base seeking natural and holistic health solutions. The region's market has experienced robust growth, driven by consumer awareness of the potential health benefits offered by herbal products. One key contributing factor to the market growth in North America is the increasing preference for organic and natural products. The popularity of supplements such as turmeric for its anti-inflammatory properties and echinacea for increasing immune support has significantly contributed to market expansion.

In addition, the increasing utilization of e-commerce channels for sale has further expanded the market accessibility, allowing consumers to conveniently purchase products from the comfort of their homes. This shift toward online retailing has not only broadened the market reach but has also facilitated the availability of a wider range of supplements to consumers across North America. Thus, the abovementioned factors are expected to increase the demand for the supplements, which will propel the growth of the regional market during the forecast period.

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Market Dynamics and Customer Landscape 

In the market, driven by preventive healthcare and wellness services, the surge in demand for plant-based supplements like NutraGreen and Gaia Herbs reshapes consumer choices and industry dynamics globally. Active ingredients from plants or botanicals such as Vitamin C, Echinacea, and Aloe Vera gain prominence, especially in Asia Pacific, where Ayurveda and Traditional Chinese Medicine (TCM) influence herbal trends. Tablets, capsules, powders, and liquids offer diverse delivery methods catering to various health needs.

With rising obesity rates and weight gain disorders, herbal supplements play a crucial role in addressing health concerns, including diabetes, amidst an aging population's wellness focus, bolstering preventive healthcare efforts in fitness clubs and gyms.

Key Market Driver

This market is driven by a noticeable surge in awareness of natural and holistic health approaches, reshaping consumer preferences and industry dynamics globally. Various factors fuel this awareness, significantly impacting market landscapes, consumer behaviors, and product innovation. Increasingly, consumers seek holistic herbal supplements like NutraGreen and Ayurvedic Products that support overall vitality, immune function, and long-term well-being, reflecting a shift towards preventive healthcare and sustainable wellness practices. Influential health advocates and experts leverage social media and wellness platforms to educate consumers about herbal supplements' potential benefits, amplifying awareness.

Scientific research supporting herbal ingredients like Vitamin C, turmeric, and ginger reinforces consumer confidence, while a growing emphasis on sustainability drives demand for eco-friendly herbal products. These factors drive the global market forward, promising continued growth in various sectors, including the pharmaceuticals section, fitness clubs and gyms, wellness and health services, food and beverages manufacturers, and traditional medicine.

Significant Market Trends

The growing popularity of personalized nutrition and wellness solutions is an emerging trend shaping the market growth in the herbal supplements industry. The global herbal health market is witnessing a notable shift toward personalized nutrition and wellness solutions, driven by changing consumer preferences and advancements in technology. This growing trend reflects an increasing consumer demand for tailored herbal products such as health supplements, herbal extracts, and herbal nutrients that address individual health needs and goals. One significant factor contributing to this trend is the rising awareness among consumers about the potential benefits of personalized nutrition and herbal medicine.

Moreover, the concept of personalized herbal supplements has gained traction among various demographic groups, including athletes, millennials, and aging populations, who seek tailored solutions to support their active lifestyles, preventive health measures, and age-related health challenges. Thus, such factors are expected to increase the demand for herbal health products, including herbal supplements, which will drive the growth of the herbal health market during the forecast period.

Major Market Challenges

Stringent regulation on herbal supplements is a significant challenge hindering market growth. Stringent regulation on the supplements has indeed had a discernible impact on the herbal supplement market, leading to challenges for manufacturers, distributors, and consumers alike. The imposition of stringent regulations has notably influenced the market dynamics, negatively affecting product availability, innovation, and consumer confidence in such supplements. Additionally, the cost of compliance with stringent regulations can be substantial for herbal supplement manufacturers, potentially leading to increased product prices.

Moreover, compliance with strict quality control measures, testing requirements, and documentation standards imposes financial burdens on manufacturers, which may ultimately be passed on to consumers. As a result, higher product prices may affect affordability and consumer accessibility, particularly for certain demographic groups with limited disposable income. Thus, such factors are expected to hinder the growth of the market during the forecast period.

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Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Key Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Archer Daniels Midland Co.- The company offers herbal supplements such as Fibersol, Prebiotic dietary fibers, Plant and algal-based nutritional oils, and Mixed tocopherols.

  • Arizona Natural Products
  • Bio Botanica Inc.
  • Gaia Herbs Inc.
  • Glanbia plc
  • Herb Pharm
  • Herbalife International of America Inc.
  • Kirin Holdings Co. Ltd.
  • Natures Bounty
  • Nestle SA
  • Otsuka Holdings Co. Ltd.
  • Pharma Nord Inc.
  • Ricola Group AG
  • The Clorox Co.,
  • The Procter and Gamble Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is experiencing remarkable growth, driven by the increasing popularity of Ayurveda and Traditional Chinese Medicine (TCM). Derived from natural sources such as leaves, Aloe Vera, and Green Tea, these plant-based supplements cater to diverse needs across the globe, especially in regions like Asia Pacific.

With rising concerns over obesity rates, diabetes, and cardiovascular diseases due to sedentary lifestyles, the demand for preventive healthcare solutions is on the rise. Innovations like CurcuFlow, a turmeric solution containing curcumin, are gaining traction for their potential to address weight gain disorders and chronic diseases.

The market offers a wide array of therapeutic dietary supplements, including Moringa, Flaxseeds, Ginger, and Ginseng, formulated into various forms such as tablets, capsules, liquids, and soft gels to meet diverse consumer needs.

As healthcare spending increases, the market adapts with both store-based and non-store-based distribution channels to reach the elderly population, fitness enthusiasts, and those seeking health and wellness solutions. Regulatory attention, particularly in North American nations, ensures the quality and safety of these dietary supplements, catering to the growing trend of veganism and promoting a healthier lifestyle globally.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest market growth and trends and growth opportunities from 2018 to 2028. 

  • Distribution Channel Outlook
    • Offline
    • Online
  • Formulation Outlook
    • Capsules
    • Tablets
    • Powders
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of World (ROW)
      • Brazil
      • Argentina 
      • Australia

Market Scope

Report Coverage

Details

Page number

154

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.68%

Market Growth 2024-2028

USD 32.87 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.23

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 33%

Key countries

US, Germany, France, China, and Japan

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Archer Daniels Midland Co., Arizona Natural Products, Bio Botanica Inc., Gaia Herbs Inc., Glanbia plc, Herb Pharm, Herbalife International of America Inc., Kirin Holdings Co. Ltd., Natures Bounty, Nestle SA, Otsuka Holdings Co. Ltd., Pharma Nord Inc., Ricola Group AG, The Clorox Co., and The Procter and Gamble Co.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market forecast report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Formulation
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global herbal supplements market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global herbal supplements market 2018 - 2022 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
    • 4.3 Formulation Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Formulation Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • 6.4 Online - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Formulation

    • 7.1 Market segments
      • Exhibit 44: Chart on Formulation - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Formulation - Market share 2023-2028 (%)
    • 7.2 Comparison by Formulation
      • Exhibit 46: Chart on Comparison by Formulation
      • Exhibit 47: Data Table on Comparison by Formulation
    • 7.3 Capsules - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Capsules - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Capsules - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Capsules - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Capsules - Year-over-year growth 2023-2028 (%)
    • 7.4 Tablets - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Tablets - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Tablets - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Tablets - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Tablets - Year-over-year growth 2023-2028 (%)
    • 7.5 Powders - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Powders - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Powders - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Powders - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Powders - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Formulation
      • Exhibit 64: Market opportunity by Formulation ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Formulation ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 Asia - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 9.7 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.8 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Archer Daniels Midland Co.
              • Exhibit 115: Archer Daniels Midland Co. - Overview
              • Exhibit 116: Archer Daniels Midland Co. - Business segments
              • Exhibit 117: Archer Daniels Midland Co. - Key offerings
              • Exhibit 118: Archer Daniels Midland Co. - Segment focus
            • 12.4 Arizona Natural Products
              • Exhibit 119: Arizona Natural Products - Overview
              • Exhibit 120: Arizona Natural Products - Product / Service
              • Exhibit 121: Arizona Natural Products - Key offerings
            • 12.5 Bio Botanica Inc.
              • Exhibit 122: Bio Botanica Inc. - Overview
              • Exhibit 123: Bio Botanica Inc. - Product / Service
              • Exhibit 124: Bio Botanica Inc. - Key offerings
            • 12.6 Gaia Herbs Inc.
              • Exhibit 125: Gaia Herbs Inc. - Overview
              • Exhibit 126: Gaia Herbs Inc. - Product / Service
              • Exhibit 127: Gaia Herbs Inc. - Key offerings
            • 12.7 Glanbia plc
              • Exhibit 128: Glanbia plc - Overview
              • Exhibit 129: Glanbia plc - Business segments
              • Exhibit 130: Glanbia plc - Key news
              • Exhibit 131: Glanbia plc - Key offerings
              • Exhibit 132: Glanbia plc - Segment focus
            • 12.8 Herb Pharm
              • Exhibit 133: Herb Pharm - Overview
              • Exhibit 134: Herb Pharm - Product / Service
              • Exhibit 135: Herb Pharm - Key offerings
            • 12.9 Herbalife International of America Inc.
              • Exhibit 136: Herbalife International of America Inc. - Overview
              • Exhibit 137: Herbalife International of America Inc. - Product / Service
              • Exhibit 138: Herbalife International of America Inc. - Key offerings
            • 12.10 Kirin Holdings Co. Ltd.
              • Exhibit 139: Kirin Holdings Co. Ltd. - Overview
              • Exhibit 140: Kirin Holdings Co. Ltd. - Business segments
              • Exhibit 141: Kirin Holdings Co. Ltd. - Key offerings
              • Exhibit 142: Kirin Holdings Co. Ltd. - Segment focus
            • 12.11 Natures Bounty
              • Exhibit 143: Natures Bounty - Overview
              • Exhibit 144: Natures Bounty - Product / Service
              • Exhibit 145: Natures Bounty - Key offerings
            • 12.12 Nestle SA
              • Exhibit 146: Nestle SA - Overview
              • Exhibit 147: Nestle SA - Business segments
              • Exhibit 148: Nestle SA - Key news
              • Exhibit 149: Nestle SA - Key offerings
              • Exhibit 150: Nestle SA - Segment focus
            • 12.13 Otsuka Holdings Co. Ltd.
              • Exhibit 151: Otsuka Holdings Co. Ltd. - Overview
              • Exhibit 152: Otsuka Holdings Co. Ltd. - Business segments
              • Exhibit 153: Otsuka Holdings Co. Ltd. - Key offerings
              • Exhibit 154: Otsuka Holdings Co. Ltd. - Segment focus
            • 12.14 Pharma Nord Inc.
              • Exhibit 155: Pharma Nord Inc. - Overview
              • Exhibit 156: Pharma Nord Inc. - Product / Service
              • Exhibit 157: Pharma Nord Inc. - Key offerings
            • 12.15 Ricola Group AG
              • Exhibit 158: Ricola Group AG - Overview
              • Exhibit 159: Ricola Group AG - Product / Service
              • Exhibit 160: Ricola Group AG - Key offerings
            • 12.16 The Clorox Co.
              • Exhibit 161: The Clorox Co. - Overview
              • Exhibit 162: The Clorox Co. - Business segments
              • Exhibit 163: The Clorox Co. - Key offerings
              • Exhibit 164: The Clorox Co. - Segment focus
            • 12.17 The Procter and Gamble Co.
              • Exhibit 165: The Procter and Gamble Co. - Overview
              • Exhibit 166: The Procter and Gamble Co. - Business segments
              • Exhibit 167: The Procter and Gamble Co. - Key news
              • Exhibit 168: The Procter and Gamble Co. - Key offerings
              • Exhibit 169: The Procter and Gamble Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              herbal supplements market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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