Botanical Supplements Market by Source (Spices, Herbs, Flowers, Leaves, Others), by Functionality (Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Anti-Cancer, Others), by Form (Powder, Liquid, Tablets, Capsules, Others), by Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Drug Stores, Online Retail, Others), by By Source (Spices, Herbs, Flowers, Leaves, Others), by Europe (Germany, U.K., Russia, France, Italy, Rest of Europe), by Asia Pacific (China, India, Australia, Japan, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East and Africa (South Africa, UAE, Rest of ME&A) Forecast 2024-2032
The Botanical Supplements Marketsize was valued at USD 36.76 USD billion in 2023 and is projected to reach USD 68.20 USD billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period. Herbal products are natural products received from plants for health-related issues. These supplements include different forms including the herbal supplements, oils such as essential oil, and extracts from plant components including flavonoids and carotenoids. Some of the characteristic features are as follows; The plant renovators are of natural origin, contain many compounds with diverse bioactivities, and are believed to have therapeutic qualities. Herbal concentrates are taken to boost their immune systems, relax, and for boosting general health. They can be used for chronic diseases and illnesses, psychological disorders, and physical strength. This entry draws popularity from the fact that they are deemed safer and less harsh on the system as synthetic drugs, however, they should be used cautiously as most of them interact with medication and may cause side effects.
Botanical Supplements Trends
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Functionality:
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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