Botanical Supplements Market – Global Industry Trends and Forecast 2022 to 2030

The global Botanical Supplements market size is expected to be worth around US$ 60.18 billion by 2030, according to a new report by Vision Research Reports.

The global Botanical Supplements market size was valued at US$ 30.47 billion in 2020 and is anticipated to grow at a CAGR of 10.1% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 60.18 Billion by 2030
Growth Rate CAGR of 10.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Source, Form, Application, Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Dabur India; NBTY Inc.; Ricola AG.; Mondelez International; Procter and Gamble; Nutraceutical International Company; BASF SE; The Himalaya Drug Company; Glanbia Nutritionals; Botanicalife International of America, Inc.; Blackmores Limited

Growth Factors

The market is expected to grow exponentially as different producers continue to innovate on the production of botanicals with a broad range of amino acids and aim for specific functions, such as weight loss and muscle repair. Rising health consciousness increased concerns over diet, and enhanced care towards preventive healthcare have made consumers turn towards health imparting herbal supplements. Several manufacturers come out with alternative therapies to relieve women from frequent problems such as insomnia and menopausal hot flashes.

Herbal offerings such as fish oils, detoxes, and probiotic drinks, and other herbal supplements are on the rise. The demand for plant-based nutrients is witnessing an increase owing to the presence of phytochemicals, which help in protecting against various forms of cancer, including larynx, pharynx, mouth, lung, and esophagus. Phytochemicals are biologically active compounds that protect the cells from damage that can lead to cancer.

By Source Analysis

The leaves segment led the market and accounted for over 25.0% share of the global revenue in 2020. The shift in lifestyles and the growing trend of exploring and experiencing novel foods have led to the growth in the demand for leave-based herbal supplements.

The increased use of herbal leaves has coincided with augmented consumer familiarity and interest in Ayurveda, a traditional medicine system of India. Additionally, it is extensively being used as a food ingredient.

By Form Analysis

The tablets segment led the market and accounted for over 30.0% share of the global revenue in 2020. Growing consumers’ inclination towards tablets and capsules owing to the ease in consumption has led to market growth.

The powder segment is anticipated to remain one of the major form segments over the forecast period as nutraceutical companies are spending on the production of energy-mix products for health and wellness applications.

By Application Analysis

The energy and weight management segment led the market and accounted for over 20.0% share of the global revenue in 2020. This is due to the growing trend of online weight loss programs and government initiatives for promoting a healthy diet.

Sedentary lifestyles, rising disposable income, and changes in food habits in Western Europe and North America increase people’s inclination to develop health problems, such as cancer and diabetes. Therefore, an increase in the incidence of health disorders has fostered the adoption of energy and weight-management products.

increased consumers’ inclination towards the intake of botanical supplements has created a steady growth in the current years due to rising disposable income in emerging countries. With the increasing working population and a rise in the prevalence of chronic diseases.

By Distribution Channel Analysis

The offline distribution channel segment dominated the market with a revenue share of more than 75.0% in 2020. The growing prevalence of self-medication for the treatment of significant health conditions and the rising demand for herbal supplements in daily consumption has offered momentum to the growth of the offline segment.

The growth of the offline distribution channel segment is attributed to the rising awareness regarding general health concerns and the growth of the pharmaceutical industry.

By Regional Analysis

North America dominated the market and accounted for over 30.0% share of the global revenue in 2020. The increasing awareness regarding supplements infused with botanical ingredients,

Asia Pacific is anticipated to register the highest growth rate of 10.1% from 2020 to 2030. The regional market growth is attributed to the high inclination towards botanical/herb products in Asian countries such as India, China, and Japan.

Key Players

  • Dabur India
  • NBTY Inc.
  • Ricola AG.
  • Mondelez International
  • Procter and Gamble
  • Nutraceutical International Company
  • BASF SE
  • The Himalaya Drug Company
  • Glanbia Nutritionals
  • Botanicalife International of America, Inc.
  • Blackmores Limited

Market Segmentation

  • By Source
    • Herbs
    • Leaves
    • Spices
    • Flowers
    • Others
  • By Form
    • Powder
    • Liquid
    • Tablets
    • Capsules
    • Gummies
    • Others
  • By Application
    • Energy & Weight Management
    • General Health
    • Bone & Joint Health
    • Gastrointestinal Health
    • Immunity
    • Cardiac Health
    • Diabetes
    • Anti-cancer
    • Others
  • By Distribution Channel
    • Offline
    • Online
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Botanical Supplements Market, By Source

7.1.  Botanical Supplements Market, by Source, 2021-2030

7.1.1.    Herbs

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Leaves

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Spices

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Flowers

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Others

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Botanical Supplements Market, By Form

8.1.  Botanical Supplements Market, by Form, 2021-2030

8.1.1.    Powder

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Liquid

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Tablets

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Capsules

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Gummies

8.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Botanical Supplements Market, By Distribution Channel

9.1.  Botanical Supplements Market, by Distribution Channel, 2021-2030

9.1.1.    Offline

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Online

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Botanical Supplements Market, By Application

10.1.        Botanical Supplements Market, by Application, 2021-2030

10.1.1.  Energy & Weight Management

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  General Health

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Bone & Joint Health

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Gastrointestinal Health

10.1.4.1.      Market Revenue and Forecast (2017-2030)

10.1.5.  Immunity

10.1.5.1.      Market Revenue and Forecast (2017-2030)

10.1.6.  Cardiac Health

10.1.6.1.      Market Revenue and Forecast (2017-2030)

10.1.7.  Diabetes

10.1.7.1.      Market Revenue and Forecast (2017-2030)

10.1.8.  Anti-cancer

10.1.8.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Botanical Supplements Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Source (2017-2030)

11.1.2.  Market Revenue and Forecast, by Form (2017-2030)

11.1.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Source (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Source (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Source (2017-2030)

11.2.2.  Market Revenue and Forecast, by Form (2017-2030)

11.2.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Source (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Source (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Source (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Source (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Source (2017-2030)

11.3.2.  Market Revenue and Forecast, by Form (2017-2030)

11.3.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Source (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Source (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Source (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Source (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Source (2017-2030)

11.4.2.  Market Revenue and Forecast, by Form (2017-2030)

11.4.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Source (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Source (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Source (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Source (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Source (2017-2030)

11.5.2.  Market Revenue and Forecast, by Form (2017-2030)

11.5.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Source (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Source (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              Dabur India

12.1.1.  Company Overview

12.1.2.  Source Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              NBTY Inc.

12.2.1.  Company Overview

12.2.2.  Source Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Ricola AG.

12.3.1.  Company Overview

12.3.2.  Source Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Mondelez International

12.4.1.  Company Overview

12.4.2.  Source Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Procter and Gamble

12.5.1.  Company Overview

12.5.2.  Source Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Nutraceutical International Company

12.6.1.  Company Overview

12.6.2.  Source Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              BASF SE

12.7.1.  Company Overview

12.7.2.  Source Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              The Himalaya Drug Company

12.8.1.  Company Overview

12.8.2.  Source Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

12.9.              Glanbia Nutritionals

12.9.1.  Company Overview

12.9.2.  Source Offerings

12.9.3.  Financial Performance

12.9.4.  Recent Initiatives

12.10.           Botanicalife International of America, Inc.

12.10.1.               Company Overview

12.10.2.               Source Offerings

12.10.3.               Financial Performance

12.10.4.               Recent Initiatives

12.11.           Blackmores Limited

12.11.1.               Company Overview

12.11.2.               Source Offerings

12.11.3.               Financial Performance

12.11.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

Glossary of Terms

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