2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of theHerbal Supplements Market?

The burgeoning trend of health-conscious consumers has a substantial impact on the accelerated growth of the market for herbal supplements. With a multitude of health benefits and no chemical constituents, these supplements are employed to enhance diets and treat commonplace illnesses. The International Food Information Council’s (IFIC) 2022 food and health poll indicates a robust inclination among Americans toward more health-aware practices; in 2022, 52% of the US population reported following a diet or consumption pattern in the previous year, a marked rise from recent years (39% in 2021). Consequently, the ascendant populations of health-conscious individuals are set to power the expansion of the herbal supplements market in the forthcoming period.

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#What Long-Term Growth Rate is Expected for theHerbal Supplements Market Between 2025 and 2034?

The size of the herbal supplements market has experienced substantial growth in the past years. The market, which was $49.71 billion in 2024, is forecasted to increase to $53.8 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.2%. The expansion during the previous period is due to enhanced consumer consciousness, a move towards preventive healthcare, an increase in health problems related to lifestyle, and government initiatives and policies.

The market size of herbal supplements is predicted to witness substantial expansion in the coming years, and will rise to $71.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3%. The expected growth during the forecast period is due to increasing education among consumers, the expansion of the aging population, the trend towards global wellness, the desire for personalization and customization, market innovation, and product diversity. The key trends expected during this period include environmentally-friendly packaging options, influence from culture and traditions, collaborations and partnerships, and increasing demand for customized nutrition.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theHerbal Supplements Market?

Firms within the herbal supplements market are boosting their research and development investments, a movement that is significantly benefiting the sector. For instance, Amway, an American company specialising in health, beauty, and home care products, partnered with the Indian Institute of Technology Bombay in February 2022 to accelerate its study in botanicals, nutraceuticals, and herbal supplements. This collaboration will involve a collective effort from Amway’s internal research team and IIT Bombay to innovate and enhance the nutritional and herbal product range and ingredients of Amway.

Who Are the Key Market Players Influencing the Growth of the Corn and Herbal Supplements Industry?

Major companies operating in the herbal supplements market include Archer Daniels Midland Company, Glanbia plc, Herbalife Nutrition International of America Inc., NBTY Inc., Dabur India Ltd., Blackmores Limited, Swanson Health Products, Weleda AG, Now Health Group, Nutraceutical International Corporation, Ricola AG, DSM Nutritional Products Ltd., Dr. Willmar Schwabe GmbH & Co. KG, Jarrow Formulas Inc., Taiji Group, Gaia Herbs, Arizona Natural Products LLC, Bio-Botanica Inc., Sunfood Nutraceuticals, Solgar Inc., ABCO Laboratories Inc., Nature’s Bounty Co., Wonder Laboratories, Ancient Greenfields Pvt. Ltd., NaturaLife Asia Co. Ltd., Herbochem Sdn. Bhd., Third Coast Herb Co., Wellness Origin Indy, Kunming Pharmaceutical Corporation, Herbal Africa, Rainbow Light Nutritional Systems Inc., MegaFood, Barlean’s Organic Oils LLC, NutriGold Inc., Premier Health Products Ltd., Z Natural Foods

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Which Key Market Segments Comprise the Herbal Supplements Market and Drive Its Revenue Growth?

The herbal supplements market covered in this report is segmented –

1) By Form: Tablets, Capsules, Liquid, Powder And Granules, Soft Gels

2) By Sources: Leaves, Fruits, Roots, Vegetables, Barks

3) By Application: Food And Beverages, Pharmaceuticals, Personal Care

4) By Distribution: Store Based, Non-Store Based

Subsegments:

1) By Tablets: Compressed Herbal Tablets, Coated Herbal Tablets

2) By Capsules: Hard-Shell Capsules, Soft-Shell Capsules

3) By Liquid: Herbal Extracts, Herbal Tinctures

4) By Powder And Granules: Herbal Powders, Granulated Herbal Supplements

5) By Soft Gels: Herbal Soft Gel Capsules, Gelatin-Based Herbal Soft Gels

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Which Regions Are Emerging as Leaders in the Herbal Supplements Market?

North America will be the largest region in the herbal supplement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the herbal supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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