Nutraceuticals are functional foods and dietary supplements with added health benefits. They can be used as preventive medicines and also to treat various diseases. These products are gaining popularity due to their ability to offer several health benefits, such as increasing energy levels and improved immune function. They are available in various forms, such as herbal supplements and fortified beverages. Herbal medicine, a part of traditional medical practices, has its roots in ancient cultures and is still popular worldwide.

Market Dynamics:

The herbal nutraceuticals market is growing at a rapid pace as the population shifts towards the use of natural products to maintain a healthy lifestyle. Herbal nutraceuticals are being used in various applications such as dietary supplements and cosmetics. A key reason for this growth is the rising consumer awareness about the benefits of consuming natural herbal extracts and supplements. In addition, consumers are also concerned about the adverse effects of chemical-based nutraceuticals on their overall health and wellbeing which is again propelling market growth.

However, high cost of the herbal and organic products is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global herbal nutraceuticals market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global herbal nutraceuticals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Bio Botanica, Inc, Gaia Herbs Farm, Herbochem, Nature’s Bounty, NUTRAMARKS, INC., Now foods, OREGON'S WILD HARVEST, Pharmaca, Pure Encapsulations, LLC, and Sydler India Pvt
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global herbal nutraceuticals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global herbal nutraceuticals market

Detailed Segmentation:

• Global Herbal Nutraceuticals Market, By Product Type
  • Ginger
  • Garlic
  • Turmeric
  • Aloe Vera
  • Green Tea
  • Others
  • By Nature
  • Conventional
  • Organic
• Global Herbal Nutraceuticals Market, By Form
  • Capsules & Tablets
  • Powder
  • Liquid
  • Others
• Global Herbal Nutraceuticals Market, By Sales Channel
  • Pharmacy
  • Online store
  • Supermarket/Hypermarket
  • Others
• Global Herbal Nutraceuticals Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Rest of World
• Company Profiles
  • Bio Botanica, Inc
  • Gaia Herbs Farm
  • Herbochem
  • Nature’s Bounty
  • NUTRAMARKS, INC.
  • Now foods
  • OREGON'S WILD HARVEST
  • Pharmaca
  • Pure Encapsulations, LLC
  • Sydler India Pvt