Global herbal supplements market was valued at US$ 70.42 billion in 2019 and is anticipated to reach US$ 110.26 billion by 2026 displaying elevated CAGR of 6.7% over the forecast period (2020-2026). Herbal supplements are the dietary supplements that are extracted from plants or parts of plants for medicinal and therapeutic purposes. Herbal Supplements are used for the prevention and management of various diseases and ailments and are called photomedicine. These supplements work as natural alternatives for hormone replacement therapy, as plants have been used in medicinal purposes for thousands of years. They offer natural ways to improve prostate health, cognitive function and brain health, and connective and joint tissue health. These can be liquids or solids in the form of tablets, capsules, soft gels, gelcaps, or powders. Rising concerns regarding the adverse effects of synthetically derived nutraceuticals are projected to augment the demand for herbal supplements. Increasing spending on health and wellness and rising disposable income levels, especially in the emerging nations, are expected to augment the demand for herbal supplements globally. The preference for buying such herbal products as compared to luxury goods among the consumers is also portraying a dramatic surge. Herbal supplements help maintain cholesterol levels, regulate the digestive system, and reduce stress. Thus, increasing awareness about the health benefits offered by these products is expected to fuel market development. List of common herbal supplements and their uses Aloe Vera: used topically for burns, psoriasis and osteoarthritis. Used in the oral form for digestive issues such as gastritis or constipation.

used topically for burns, psoriasis and osteoarthritis. Used in the oral form for digestive issues such as gastritis or constipation. Black cohosh: used to treat hot flashes, night sweats, vaginal dryness and menopausal symptoms.

used to treat hot flashes, night sweats, vaginal dryness and menopausal symptoms. Chamomile: used to treat sleeplessness, anxiety, upset stomach, gas and diarrhea. It is also used topically for skin conditions. Caution in people with ragweed allergy.

used to treat sleeplessness, anxiety, upset stomach, gas and diarrhea. It is also used topically for skin conditions. Caution in people with ragweed allergy. Echinacea: used to fight cold and flu symptoms.

used to fight cold and flu symptoms. Flaxseed: used to lower cholesterol. Good source of fiber and omega-3 fatty acids.

used to lower cholesterol. Good source of fiber and omega-3 fatty acids. Ginko: used to treat memory problems and tinnitus (ringing in the ears). It can be used along with the antidepressant selective serotonin reuptake inhibitors (SSRIs) to enhance sex drive and sexual performance in people who have side effects with antidepressant medications. Caution in people taking blood thinners.

used to treat memory problems and tinnitus (ringing in the ears). It can be used along with the antidepressant selective serotonin reuptake inhibitors (SSRIs) to enhance sex drive and sexual performance in people who have side effects with antidepressant medications. Caution in people taking blood thinners. Peppermint oil: used to treat digestion problems such as nausea, indigestion, stomach problems and bowel conditions.

used to treat digestion problems such as nausea, indigestion, stomach problems and bowel conditions. Soy: used to treat menopausal symptoms, memory problems and high cholesterol levels. Organic, whole soy food is preferable to soy supplements and processed soy foods like soy hot dogs.

used to treat menopausal symptoms, memory problems and high cholesterol levels. Organic, whole soy food is preferable to soy supplements and processed soy foods like soy hot dogs. St. John’s Wort: used to treat depression, anxiety and sleep disorders. NOTE: This herb has many other drug and herb interactions. Consult your healthcare provider before starting this supplement

used to treat depression, anxiety and sleep disorders. NOTE: This herb has many other drug and herb interactions. Consult your healthcare provider before starting this supplement Tea tree oil: used topically to treat several conditions including, acne, athlete's foot, nail fungus, wounds, infections, lice, oral yeast infection (thrush), cold sores and dandruff. United States Retail Sales of Herbal Supplements (US$ Billion, 2019-2026) “Amongst Source, herbal supplements extracted from Roots dominated the market in 2019, with 42.1% share” Based on the source, the global herbal supplement market is segmented into leaves, roots, bark and seeds. The popularity of herbal supplements has witnessed a rapid rise accredited to immense health benefits present in natural products. Consumption of these herbal supplements ensures nutritional enrichment in individuals. Herbal supplements extracted from Roots dominated the market in 2019. However, herbal supplements extracted from Leaves are expected to witness the highest CAGR growth of 7.4% during the forecast period 2020-2026. “Herbal supplements are majorly consumed in the form of Capsules” Based on formulations, the global herbal supplement market is bifurcated into tablets, capsules, liquid and powder & granules. Herbal supplements help maintain cholesterol levels, regulate the digestive system, and reduce stress. Thus, increasing awareness about the health benefits offered by these products is expected to fuel market development. Herbal supplements are majorly consumed in the form of Capsules. The segment is expected to generate revenue of US$ 35.71 billion by 2026. “Pharmaceuticals sector is the largest industrial user of herbal supplements product, followed by F&B and personal care segment” Based on application, the global herbal supplement market is bifurcated into food & beverages, pharmaceuticals and personal care. Growing inclination towards natural products, increasing health awareness and surging spend on health and wellbeing has catalyzed the growth of the pharmaceutical's herbal supplement market. The segment generated revenue of US$ 33.74 billion in 2019. In addition, the Personal Care segment is expected to witness the highest CAGR growth of 7.2% during the analyzed period. “Amongst end-users, Adult women dominated the consumption of herbal supplement” Based on end-user, the global herbal supplement market is classified into adult women, adult men, pediatric and baby boomers. Growing preference for natural products during pregnancy owing to a surge in awareness regarding the therapeutic properties of herbal supplements is one of the key factors that would boost the demand for herbal supplements among adult women. However, a growing elderly population would help the Baby Boomers end-user segment to witness the highest CAGR growth of 7.4% during the analyzed period. Herbal Supplements Market Size, Global, 2018-2026 (US$ billion) “In 2019, herbal supplements were majorly sold through Drug Stores, followed by online channel” Based on the distribution channel, the global herbal supplement market is bifurcated into herbal stores, drug stores, supermarket/hypermarket and online channels. Preference for e-commerce platforms with respect to ease of availability over conventional distribution channels for buying herbal supplements has risen tremendously due to cost-effectiveness and better convenience leading to the fastest growth over the analyzed period. “Asia-Pacific dominated the global herbal supplements market in 2019, with 38.9% share” For a deep-dive analysis of the industry, detailed country-level analysis was conducted for major regions/countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) and Rest of World (Brazil, South Africa, Others). It has been estimated by WHO that 80% of the population of some Asian countries use herbal medicine for some health purposes. Increasing health awareness with respect to diet, growing mental disorders, and surging sedentary lifestyles has tremendously bolstered the Asia Pacific herbal supplements market. Competitive Landscape-Top 10 Market Players Jarrow Formulas, Inc., Solgar Inc., Herbalife International of America, Inc., Ricola AG, Bio-Botanica Inc., Blackmores Ltd, Himalaya Drug Company, Rainbow Light Nutritional Systems, Arizona Natural Products, Willmar Schwabe GmbH & Co. KG are some of the prominent players operating in the global herbal supplement industry. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products. Reasons to buy: Current and future market size from 2020 to 2025 in terms of value (US$)

Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry

Country-level details of the overall consumption of herbal supplements

A quick review of overall industry performance at a glance

In-depth analysis of key industry players

A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry

Examination of industry attractiveness with the help of Porter’s Five Forces analysis and start-ups

The study comprehensively covers the market across different segments and sub-segments of the market

Region Covered: North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) and Rest of World (Brazil, South Africa, Others) Customization Options: UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Herbal Supplement market can be customized to the country level or any other market segment.

1 MARKET INTRODUCTION 1.1 Market Definition 1.2 Objective of the Study 1.3 Limitation 1.4 Stakeholders 1.5 Currency used in the Report 1.6 Scope of the Global Herbal Supplements Market Study 2 RESEARCH METHODOLOGY OR ASSUMPTION 2.1 Research Methodology for the Herbal Supplements Market Study 2.1.1 Main objective of the Herbal Supplement Market Study 3 INDUSTRY PERFORMANCE 4 EXECUTIVE SUMMARY 5 MARKET OVERVIEW 5.1 Introduction 5.1.1 List of common herbal supplements and their uses 5.2 Market Dynamics 5.2.1 Market Trend & Drivers 5.2.1.1 Growing Prevalence of Health Disorders 5.2.1.2 Continuous Research and Development 5.2.1.3 Changing Lifestyles & Increasing Health Awareness 5.2.2 Market Challenges 5.2.2.1 Adverse Effects on Human Body 5.2.3 Market Opportunities 5.2.3.1 Growing Scope in Adopting Food Technology 6 LEGAL & REGULATORY FRAMEWORK 6.1 General Overview 6.1.1 India 6.1.2 Malaysia 6.1.3 Philippines 6.1.4 Nigeria 6.1.5 Saudi Arabia 6.1.6 Australia 6.1.7 United States 6.1.8 Canada 6.1.9 European Union 7 DEMAND AND SUPPLY SIDE ANALYSIS 7.1 Demand Side Analysis 7.2 Supply Side Analysis 7.2.1 Top Partnerships 7.2.2 Top Mergers & Acquisitions 7.2.3 Top Funding 7.2.4 Top Business Expansion 7.2.5 Top Product Launches 7.2.6 Top Start-ups under Herbal Supplement Industry 8 VALUE CHAIN ANALYSIS 8.1 Value Chain Analysis 9 EXPORT IMPORT SCENARIO OF HERBAL SUPPLEMENT 10 MARKET INSIGHTS BY PRODUCT TYPE 10.1 General Overview 10.1.1 Leaves 10.1.2 Roots 10.1.3 Barks 10.1.4 Seeds 10.1.5 Other Source 11 MARKET INSIGHTS BY FORMULATIONS 11.1 General Overview 11.1.1 Tablets 11.1.2 Capsules 11.1.3 Liquid 11.1.4 Powder& Granules 11.1.5 Others Form 12 MARKET INSIGHTS BY APPLICATION 12.1 General Overview 12.1.1 Food & Beverages 12.1.2 Pharmaceuticals 12.1.3 Personal Care 13 MARKET INSIGHTS BY END-USER 13.1 General Overview 13.1.1 Adult Women 13.1.2 Adult Men 13.1.3 Baby Boomers 13.1.4 Pediatric 14 MARKET INSIGHTS BY DISTRIBUTION CHANNELS 14.1 General Overview 14.1.1 Herbal Stores 14.1.2 Drug Stores 14.1.3 Supermarkets/Hypermarkets 14.1.4 Online Channels 15 MARKET INSIGHTS BY REGION 15.1 General Overview 15.2 North America Herbal Supplements Market 15.2.1 North America Herbal Supplements, by Source 15.2.2 North America Herbal Supplements Market, by Applications 15.2.3 North America Herbal Supplements Market, by End Use 15.2.4 North America Herbal Supplements Market, by Formulations 15.2.5 North America Herbal Supplements Market, by Distribution Channels 15.2.6 North America Herbal Supplements Market, by Country 15.2.6.1 US Herbal Supplements Market 15.2.6.1.1 US Herbal Supplements Market, by Source 15.2.6.1.2 US Herbal Supplements Market, by Applications 15.2.6.1.3 US Herbal Supplements Market, by End Use 15.2.6.1.4 US Herbal Supplements Market, by Formulations 15.2.6.1.5 US Herbal Supplements Market, by Distribution Channels 15.2.6.2 Canada Herbal Supplements Market 15.2.6.2.1 Canada Herbal Supplements Market, by Source 15.2.6.2.2 Canada Herbal Supplements Market, by Application 15.2.6.2.3 Canada Herbal Supplements Market, by End Use 15.2.6.2.4 Canada Herbal Supplements Market, by Formulations 15.2.6.2.5 Canada Herbal Supplements Market, by Distribution Channel 15.2.6.3 Rest of North America Herbal Supplements Market 15.2.6.3.1 Rest of North America Herbal Supplements Market, by Source 15.2.6.3.2 Rest of North America Herbal Supplement Market, by Application 15.2.6.3.3 Rest of North America Herbal Supplements Market, by End Use 15.2.6.3.4 Rest of North America Herbal Supplements Market, by Formulations 15.2.6.3.5 Rest of NA Herbal Supplements Market, by Distribution Channel 15.3 Europe Herbal Supplement Market 15.3.1 Europe Herbal Supplement Market, by Source 15.3.2 Europe Herbal Supplement Market, by Application 15.3.3 Europe Herbal Supplement Market, by End Use 15.3.4 Europe Herbal Supplement Market, by Formulation 15.3.5 Europe Herbal Supplement Market, by Distribution Channel 15.3.6 Europe Herbal Supplement Market, by Country 15.3.6.1 Germany Herbal Supplement Market 15.3.6.1.1 Germany Herbal Supplement Market, by Source 15.3.6.1.2 Germany Herbal Supplements Market, by Application 15.3.6.1.3 Germany Herbal Supplement Market, by End Use 15.3.6.1.4 Germany Herbal Supplement Market, by Formulation 15.3.6.1.5 Germany Herbal Supplement Market, by Distribution Channel 15.3.6.2 UK Herbal Supplement Market 15.3.6.2.1 UK Herbal Supplement Market, by Source 15.3.6.2.2 UK Herbal Supplement Market, by Application 15.3.6.2.3 UK Herbal Supplement Market, by End Use 15.3.6.2.4 UK Herbal Supplement Market, by Formulation 15.3.6.2.5 UK Herbal Supplement Market, by Distribution Channel 15.3.6.3 France Herbal Supplement Market 15.3.6.3.1 France Herbal Supplement Market, by Source 15.3.6.3.2 France Herbal Supplement Market, by Application 15.3.6.3.3 France Herbal Supplement Market, by End Use 15.3.6.3.4 France Herbal Supplement Market, by Formulation 15.3.6.3.5 France Herbal Supplement Market, by Distribution Channel 15.3.6.4 Italy Herbal Supplement Market 15.3.6.4.1 Italy Herbal Supplement Market, by Source 15.3.6.4.2 Italy Herbal Supplement Market, by Application 15.3.6.4.3 Italy Herbal Supplement Market, by End Use 15.3.6.4.4 Italy Herbal Supplement Market, by Formulation 15.3.6.4.5 Italy Herbal Supplement Market, by Distribution Channel 15.3.6.5 Spain Herbal Supplement Market 15.3.6.5.1 Spain Herbal Supplement Market, by Source 15.3.6.5.2 Spain Herbal Supplement Market, by Application 15.3.6.5.3 Spain Herbal Supplement Market, by End Use 15.3.6.5.4 Spain Herbal Supplement Market, by Formulation 15.3.6.5.5 Spain Herbal Supplement Market, by Distribution Channel 15.3.6.6 Rest of Europe Herbal Supplement Market 15.3.6.6.1 Rest of Europe Herbal Supplement Market, by Source 15.3.6.6.2 Rest of Europe Herbal Supplement Market, by Application 15.3.6.6.3 Rest of Europe Herbal Supplement Market, by End Use 15.3.6.6.4 Rest of Europe Herbal Supplement Market, by Formulation 15.3.6.6.5 Rest of Europe Herbal Supplement Market, by Distribution Channel 15.4 Asia-Pacific Herbal Supplement Market 15.4.1 Asia-Pacific Herbal Supplement Market, by Source 15.4.2 Asia-Pacific Herbal Supplement Market, by Application 15.4.3 Asia-Pacific Herbal Supplement Market, by End Use 15.4.4 Asia-Pacific Herbal Supplement Market, by Formulation 15.4.5 Asia-Pacific Herbal Supplement Market, by Distribution Channel 15.4.6 Asia-Pacific Herbal Supplement Market, by Country 15.4.6.1 China Herbal Supplement Market 15.4.6.1.1 China Herbal Supplement Market, by Source 15.4.6.1.2 China Herbal Supplement Market, by Application 15.4.6.1.3 China Herbal Supplement Market, by End Use 15.4.6.1.4 China Herbal Supplement Market, by Formulation 15.4.6.1.5 China Herbal Supplement Market, by Distribution Channel 15.4.6.2 Japan Herbal Supplement Market 15.4.6.2.1 Japan Herbal Supplement Market, by Source 15.4.6.2.2 Japan Herbal Supplement Market, by Application 15.4.6.2.3 Japan Herbal Supplement Market, by End Use 15.4.6.2.4 Japan Herbal Supplement Market, by Formulation 15.4.6.2.5 Japan Herbal Supplement Market, by Distribution Channel 15.4.6.3 India Herbal Supplement Market 15.4.6.3.1 India Herbal Supplement Market, by Source 15.4.6.3.2 India Herbal Supplement Market, by Application 15.4.6.3.3 India Herbal Supplement Market, by End Use 15.4.6.3.4 India Herbal Supplement Market, by Formulation 15.4.6.3.5 India Herbal Supplement Market, by Distribution Channel 15.4.6.4 Australia Herbal Supplement Market 15.4.6.4.1 Australia Herbal Supplement Market, by Source 15.4.6.4.2 Australia Herbal Supplement Market, by Application 15.4.6.4.3 Australia Herbal Supplement Market, by End Use 15.4.6.4.4 Australia Herbal Supplement Market, by Formulation 15.4.6.4.5 Australia Herbal Supplement Market, by Distribution Channel 15.4.6.5 South Korea Herbal Supplement Market 15.4.6.5.1 South Korea Herbal Supplement Market, by Source 15.4.6.5.2 South Korea Herbal Supplement Market, by Application 15.4.6.5.3 South Korea Herbal Supplement Market, by End Use 15.4.6.5.4 South Korea Herbal Supplement Market, by Formulation 15.4.6.5.5 South Korea Herbal Supplement Market, by Distribution Channel 15.4.6.6 Rest of APAC Herbal Supplement Market 15.4.6.6.1 Rest of APAC Herbal Supplement Market, by Source 15.4.6.6.2 Rest of APAC Herbal Supplement Market, by Application 15.4.6.6.3 Rest of APAC Herbal Supplement Market, by End Use 15.4.6.6.4 Rest of APAC Herbal Supplement Market, by Formulation 15.4.6.6.5 Rest of APAC Herbal Supplement Market, by Distribution Channel 15.5 Rest of World Herbal Supplement Market 15.5.1 Rest of World Herbal Supplement Market, by Source 15.5.2 Rest of World Herbal Supplement Market, by Application 15.5.3 Rest of World Herbal Supplement Market, by End Use 15.5.4 Rest of World Herbal Supplement Market, by Formulation 15.5.5 Rest of World Herbal Supplement Market, by Distribution Channel 15.5.5.1 Brazil Herbal Supplement Market 15.5.5.1.1 Brazil Herbal Supplement Market, by Source 15.5.5.1.2 Brazil Herbal Supplement Market, by Application 15.5.5.1.3 Brazil Herbal Supplement Market, by End Use 15.5.5.1.4 Brazil Herbal Supplement Market, by Formulation 15.5.5.1.5 Brazil Herbal Supplement Market, by Distribution Channel 15.5.5.2 South Africa Herbal Supplement Market 15.5.5.2.1 South Africa Herbal Supplement Market, by Source 15.5.5.2.2 South Africa Herbal Supplement Market, by Application 15.5.5.2.3 South Africa Herbal Supplement Market, by End Use 15.5.5.2.4 South Africa Herbal Supplement Market, by Formulation 15.5.5.2.5 South Africa Herbal Supplement Market, by Distribution Channel 15.5.5.3 Other Countries Herbal Supplement Market 15.5.5.3.1 Other Countries Herbal Supplement Market, by Source 15.5.5.3.2 Other Countries Herbal Supplement Market, by Application 15.5.5.3.3 Other Countries Herbal Supplement Market, by End Use 15.5.5.3.4 Other Countries Herbal Supplement Market, by Formulation 15.5.5.3.5 Other Countries Herbal Supplement Market, by Distribution Channel 16 COMPETITIVE SCENARIO 16.1 Porter’s Five forces analysis 16.1.1 Bargaining power of Supplier 16.1.2 Bargaining power of Buyer 16.1.3 Industry Rivalry 16.1.4 Availability of Substitute 16.1.5 Threat of new Entrants 16.2 Competitive Landscape 16.2.1 Market Share of Key Players in Herbal Supplement Market, 2019 17 TOP COMPANY PROFILES 17.1 Herbalife International of America, Inc. 17.1.1 Key Facts 17.1.2 Business Description 17.1.3 Key Product/Services Offerings 17.1.4 Growth Strategy 17.1.5 SWOT Analysis 17.1.6 Key Financials 17.1.6.1 Revenue Split, by Region and Segment 17.1.6.2 Financial Overview of Herbalife 17.1.7 Recent Developments 17.1.7.1 Product Launches 17.1.7.2 Partnerships 17.1.7.3 Business Expansions and Investment 17.2 Jarrow Formulas Inc 17.2.1 Key Facts 17.2.2 Business Description 17.2.3 Key Product/Services Offerings 17.2.4 Growth Strategy 17.2.5 SWOT Analysis 17.2.6 Recent Developments 17.2.6.1 Product Launches 17.2.6.2 Partnerships (Strategic Alliance) 17.2.6.3 Business Expansions 17.2.6.4 Mergers & Acquisitions 17.3 Solgar Inc 17.3.1 Key Facts 17.3.2 Business Description 17.3.3 Key Product/Services Offerings 17.3.4 Growth Strategy 17.3.5 SWOT Analysis 17.3.6 Recent Developments 17.3.6.1 Product Launches 17.3.6.2 Partnerships (Strategic Alliance) 17.3.6.3 Business Expansions 17.3.6.4 Mergers& Acquisitions 17.4 Ricola AG 17.4.1 Key Facts 17.4.2 Business Description 17.4.3 Key Product/Services Offerings 17.4.4 Growth Strategy 17.4.5 SWOT Analysis 17.4.6 Recent Developments 17.4.6.1 Product Launches 17.4.6.2 Partnerships (Strategic Alliance) 17.4.6.3 Business Expansions 17.4.6.4 Mergers& Acquisitions 17.5 Bio Botanica Inc 17.5.1 Key Facts 17.5.2 Business Description 17.5.3 Key Product/Services Offerings 17.5.4 Growth Strategy 17.5.5 SWOT Analysis 17.5.6 Recent Developments 17.5.6.1 Product Launches 17.5.6.2 Partnerships (Strategic Alliance) 17.5.6.3 Business Expansions 17.5.6.4 Mergers& Acquisitions 17.6 Blackmores Ltd 17.6.1 Key Facts 17.6.2 Business Description 17.6.3 Key Product/Services Offerings 17.6.4 Growth Strategy 17.6.5 SWOT Analysis 17.6.6 Key Financials 17.6.6.1 Revenue Split 17.6.6.2 Financial Overview of Blackmores Ltd 17.6.7 Recent Developments 17.6.7.1 Product Launches 17.6.7.2 Partnerships (Strategic Alliance) 17.6.7.3 Business Expansions 17.6.7.4 Mergers& Acquisitions 17.7 Himalaya Drug Company 17.7.1 Key Facts 17.7.2 Business Description 17.7.3 Key Product/Services Offerings 17.7.4 Growth Strategy 17.7.5 SWOT Analysis 17.7.6 Recent Developments 17.7.6.1 Product Launches 17.7.6.2 Partnerships (Strategic Alliance) 17.7.6.3 Business Expansions 17.7.6.4 Mergers& Acquisitions 17.8 Rainbow Light Nutritional Systems 17.8.1 Key Facts 17.8.2 Business Description 17.8.3 Key Product/Services Offerings 17.8.4 Growth Strategy 17.8.5 SWOT Analysis 17.8.6 Recent Developments 17.8.6.1 Product Launches 17.8.6.2 Partnerships (Strategic Alliance) 17.8.6.3 Business Expansions 17.8.6.4 Mergers& Acquisitions 17.9 Arizona Natural Products 17.9.1 Key Facts 17.9.2 Business Description 17.9.3 Key Product/Services Offerings 17.9.4 Growth Strategy 17.9.5 SWOT Analysis 17.9.6 Recent Developments 17.9.6.1 Product Launches 17.9.6.2 Partnerships (Strategic Alliance) 17.9.6.3 Business Expansions 17.9.6.4 Mergers& Acquisitions 17.10 Willmar Schwabe GmbH & Co. KG 17.10.1 Key Facts 17.10.2 Business Description 17.10.3 Key Product/Services Offerings 17.10.4 Growth Strategy 17.10.5 SWOT Analysis 17.10.6 Recent Developments 17.10.6.1 Product Launches 17.10.6.2 Partnerships (Strategic Alliance) 17.10.6.3 Business Expansions 17.10.6.4 Mergers& Acquisitions

Analyzing the historical market, estimation of the current market and forecasting the future market for the Herbal Supplement were the three major steps undertaken to create and analyze the consumption trend of the Herbal supplement around the world. Exhaustive secondary research was conducted to collect the historical market numbers and to estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across the value chain of the food & beverage industry. Post assumption and validation of market numbers through primary interviews, the bottom-up approach was employed to forecast the complete market size of the herbal supplement. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below: Analysis of Historical Market Size Step 1: In-Depth Study of Secondary Sources: Detail secondary study was conducted to obtain the historical market size of the Herbal Supplements products through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other credible publications. For economic data collection, sources such as Trading Economics, Trade Map, World Bank, IMF, FAO among others will be used. Step 2: Market Segmentation: After obtaining the historical market size, a detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for major regions across the world. Major segments included in the report are the source, application, distribution channel, formulation and end-user. Further analysis was also done for major regions/countries to analyze the overall consumption of the Herbal Supplements in that particular country. Step 3: Factor Analysis: After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the Herbal Supplements market. Factor analysis was conducted using dependent and independent variables such as increased demand for healthy foods, increasing awareness for a healthy diet, changing lifestyles and growing incidences of health disorders etc. The demand and supply-side scenario were also thoroughly studied by considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the Herbal Supplements market across the globe. Current Market Size Estimate & Forecast Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Herbal Supplements market and market shares of these players. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews. Estimation & Forecasting: For market estimation and forecast, weight was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach was applied to arrive at the market forecast pertaining to 2026 for different segments and sub-segments across major regions/countries globally. The research methodology adopted to estimate the market size encompasses: The industry’s market size, in terms of value (US$) and consumption rate of Herbal Supplements across the major regions

All percentage shares, splits, and breakdowns of market segments and sub-segments

Key players in the Herbal Supplements market in terms of the product offered as well as market share. Also, the growth strategies adopted by these players to compete in the fast-growing market Market Size and Share Validation Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions/countries. Primary research findings were summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research would be consolidated with secondary findings, hence turning information into actionable insights. Split of Primary Participants in Different Regions Market Engineering Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the Herbal Supplements market globally. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of source, application, end-user, formulation and distribution channel of the Herbal Supplements market. Main objective of the Herbal Supplements Market Study The current & future market trends of the Herbal Supplement market will be pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include: Analyze the current and forecast market size of the Herbal Supplement market in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments of the Herbal Supplement

Segments in the study include product source, application, end-user, formulation and distribution channel

Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors pertaining to the industry

Define and analysis of the government regulations for the food & beverage sector around the world

Detailed analysis of used case study of the Herbal Supplements

Analyze the current and forecast market size of the herbal products across the globe. Major regions studied in the report include North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) and Rest of World (Brazil, South Africa, Others)

Define and analyze the competitive landscape of the Herbal Supplements and the growth strategies adopted by the market players to sustain in the fast-growing market

Analyzing the historical market, estimation of the current market and forecasting the future market for the Herbal Supplement were the three major steps undertaken to create and analyze the consumption trend of the Herbal supplement around the world. Exhaustive secondary research was conducted to collect the historical market numbers and to estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across the value chain of the food & beverage industry. Post assumption and validation of market numbers through primary interviews, the bottom-up approach was employed to forecast the complete market size of the herbal supplement. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below: Analysis of Historical Market Size Step 1: In-Depth Study of Secondary Sources: Detail secondary study was conducted to obtain the historical market size of the Herbal Supplements products through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database and other credible publications. For economic data collection, sources such as Trading Economics, Trade Map, World Bank, IMF, FAO among others will be used. Step 2: Market Segmentation: After obtaining the historical market size, a detailed secondary analysis was conducted to gather historical market insights and share for different segments & sub-segments for major regions across the world. Major segments included in the report are the source, application, distribution channel, formulation and end-user. Further analysis was also done for major regions/countries to analyze the overall consumption of the Herbal Supplements in that particular country. Step 3: Factor Analysis: After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the Herbal Supplements market. Factor analysis was conducted using dependent and independent variables such as increased demand for healthy foods, increasing awareness for a healthy diet, changing lifestyles and growing incidences of health disorders etc. The demand and supply-side scenario were also thoroughly studied by considering top partnerships, merger and acquisition, business expansion, product launches and analyzing the list of start-ups in the Herbal Supplements market across the globe. Current Market Size Estimate & Forecast Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Herbal Supplements market and market shares of these players. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews. Estimation & Forecasting: For market estimation and forecast, weight was assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up approach was applied to arrive at the market forecast pertaining to 2026 for different segments and sub-segments across major regions/countries globally. The research methodology adopted to estimate the market size encompasses: The industry’s market size, in terms of value (US$) and consumption rate of Herbal Supplements across the major regions

All percentage shares, splits, and breakdowns of market segments and sub-segments

Key players in the Herbal Supplements market in terms of the product offered as well as market share. Also, the growth strategies adopted by these players to compete in the fast-growing market Market Size and Share Validation Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions/countries. Primary research findings were summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research would be consolidated with secondary findings, hence turning information into actionable insights. Split of Primary Participants in Different Regions Market Engineering Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment pertaining to the Herbal Supplements market globally. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of source, application, end-user, formulation and distribution channel of the Herbal Supplements market. Main objective of the Herbal Supplements Market Study The current & future market trends of the Herbal Supplement market will be pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include: Analyze the current and forecast market size of the Herbal Supplement market in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments of the Herbal Supplement

Segments in the study include product source, application, end-user, formulation and distribution channel

Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors pertaining to the industry

Define and analysis of the government regulations for the food & beverage sector around the world

Detailed analysis of used case study of the Herbal Supplements

Analyze the current and forecast market size of the herbal products across the globe. Major regions studied in the report include North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) and Rest of World (Brazil, South Africa, Others)

Define and analyze the competitive landscape of the Herbal Supplements and the growth strategies adopted by the market players to sustain in the fast-growing market