Dublin, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The "Herbal Supplements Market Research Report by Function, Form, Source, Supplier Type, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Herbal Supplements Market size was estimated at USD 10.18 billion in 2020, is expected to reach USD 11.03 billion in 2021, and projected to grow at a CAGR of 8.69% reaching USD 16.80 billion by 2026.
Market Statistics
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.
Market Segmentation & Coverage
This research report categorizes the Herbal Supplements to forecast the revenues and analyze the trends in each of the following sub-markets:
- Based on Function, the market was studied across Aroma and Medicinal.
- Based on Form, the market was studied across Capsules & Tablets, Oils, Powder, and Syrups.
- Based on Source, the market was studied across Barks, Fruits, Vegetables & Flowers, Leaves, and Roots.
- Based on Supplier Type, the market was studied across Private Labelled and White Labelled.
- Based on Application, the market was studied across Food & Beverages, Personal Care, and Pharmaceuticals.
- Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Competitive Strategic Window
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Herbal Supplements Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.
Company Usability Profiles
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Herbal Supplements Market, including ABCO Laboratories, Inc., AIE Pharmaceuticals Inc., Archer-Daniels-Midland Company, Bio-Tech Pharmacal Inc., Calocurb Limited, Glanbia PLC, Herbalife International of America, Inc., Nutraceutical International Corporation, Sunfood Nutraceuticals, Sunwink, Vitakem Nutraceutical Inc., Wellness Origin Indy, and Wonder Labs.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Herbal Supplements Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Herbal Supplements Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Herbal Supplements Market?
4. What is the competitive strategic window for opportunities in the Global Herbal Supplements Market?
5. What are the technology trends and regulatory frameworks in the Global Herbal Supplements Market?
6. What is the market share of the leading vendors in the Global Herbal Supplements Market?
7. What modes and strategic moves are considered suitable for entering the Global Herbal Supplements Market?
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19
5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Increase in geriatric population
5.2.2. Rising consumer awareness regarding preventive health care
5.2.3. Easy availability of herbal supplements products
5.3. Restraints
5.3.1. Risk of side effects of allopathic drugs
5.3.2. High cost of raw materials
5.4. Opportunities
5.4.1. Increasing prevalence of diabetes and cardiovascular diseases
5.4.2. Growing vegan population in developing countries
5.4.3. Development in herbal antioxidant supplement
5.5. Challenges
5.5.1. Reluctance of consumers towards use of herbal supplements without FDA approval
6. Herbal Supplements Market, by Function
6.1. Introduction
6.2. Aroma
6.3. Medicinal
7. Herbal Supplements Market, by Form
7.1. Introduction
7.2. Capsules & Tablets
7.3. Oils
7.4. Powder
7.5. Syrups
8. Herbal Supplements Market, by Source
8.1. Introduction
8.2. Barks
8.3. Fruits, Vegetables & Flowers
8.4. Leaves
8.5. Roots
9. Herbal Supplements Market, by Supplier Type
9.1. Introduction
9.2. Private Labelled
9.3. White Labelled
10. Herbal Supplements Market, by Application
10.1. Introduction
10.2. Food & Beverages
10.3. Personal Care
10.4. Pharmaceuticals
11. Americas Herbal Supplements Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Herbal Supplements Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
13. Europe, Middle East & Africa Herbal Supplements Market
13.1. Introduction
13.2. France
13.3. Germany
13.4. Italy
13.5. Netherlands
13.6. Qatar
13.7. Russia
13.8. Saudi Arabia
13.9. South Africa
13.10. Spain
13.11. United Arab Emirates
13.12. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.1.1. Quadrants
14.1.2. Business Strategy
14.1.3. Product Satisfaction
14.2. Market Ranking Analysis
14.3. Market Share Analysis, by Key Player
14.4. Competitive Scenario
14.4.1. Merger & Acquisition
14.4.2. Agreement, Collaboration, & Partnership
14.4.3. New Product Launch & Enhancement
14.4.4. Investment & Funding
14.4.5. Award, Recognition, & Expansion
15. Company Usability Profiles
15.1. ABCO Laboratories, Inc.
15.2. AIE Pharmaceuticals Inc.
15.3. Archer-Daniels-Midland Company
15.4. Bio-Tech Pharmacal Inc.
15.5. Calocurb Limited
15.6. Glanbia PLC
15.7. Herbalife International of America, Inc.
15.8. Nutraceutical International Corporation
15.9. Sunfood Nutraceuticals
15.10. Sunwink
15.11. Vitakem Nutraceutical Inc.
15.12. Wellness Origin Indy
15.13. Wonder Labs
16. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/qodu8m
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