- January 7, 2021
- Category: Food and Beverage, Other Industry Reports
Global Botanical Supplements Market Size study, by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), Application (Food and beverages, Pharmaceutical, and Personal care) and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Botanical Supplements Market, by Region, 2019-2027 (USD Billion) 1.2.2. Botanical Supplements Market, by Application, 2019-2027 (USD Billion) 1.2.3. Botanical Supplements Market, by Distribution Channel, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Botanical Supplements Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Botanical Supplements Market Dynamics 3.1. Botanical Supplements Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 220.127.116.11. Rising prevalence of chronic diseases 18.104.22.168. High consumption of dietary supplements 3.1.2. Market Challenges 22.214.171.124. No standardization of botanical supplements 126.96.36.199. Botanical substances are adulterated 3.1.3. Market Opportunities 188.8.131.52. Government support for R&D 184.108.40.206. Development of customized and personalized herbal supplements Chapter 4. Global Botanical Supplements MarketIndustry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Botanical Supplements Market, by Application 5.1. Market Snapshot 5.2. Global Botanical Supplements Market by Application, Performance - Potential Analysis 5.3. Global Botanical Supplements Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 5.4. Botanical Supplements Market, Sub Segment Analysis 5.4.1. Food and beverages 5.4.2. Pharmaceutical 5.4.3. Personal care Chapter 6. Global Botanical Supplements Market, by Distribution Channel 6.1. Market Snapshot 6.2. Global Botanical SupplementsMarket by Distribution Channel,Performance - Potential Analysis 6.3. Global Botanical SupplementsMarket Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion) 6.4. Botanical Supplements Market, Sub Segment Analysis 6.4.1. Hospital Pharmacies 6.4.2. Retail Pharmacies 6.4.3. Online Pharmacies Chapter 7. Global Botanical Supplements Market, Regional Analysis 7.1. Botanical Supplements Market, Regional Market Snapshot 7.2. North America Botanical Supplements Market 7.2.1. U.S. Botanical Supplements Market 220.127.116.11. Application breakdown estimates & forecasts, 2018-2027 18.104.22.168. Distribution Channel breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Botanical Supplements Market 7.3. Europe Botanical Supplements Market Snapshot 7.3.1. U.K. Botanical Supplements Market 7.3.2. Germany Botanical Supplements Market 7.3.3. France Botanical Supplements Market 7.3.4. Spain Botanical Supplements Market 7.3.5. Italy Botanical Supplements Market 7.3.6. Rest of EuropeBotanical Supplements Market 7.4. Asia-Pacific Botanical Supplements Market Snapshot 7.4.1. China Botanical Supplements Market 7.4.2. India Botanical Supplements Market 7.4.3. JapanBotanical Supplements Market 7.4.4. Australia Botanical Supplements Market 7.4.5. South Korea Botanical Supplements Market 7.4.6. Rest of Asia PacificBotanical Supplements Market 7.5. Latin America Botanical Supplements Market Snapshot 7.5.1. Brazil Botanical Supplements Market 7.5.2. Mexico Botanical Supplements Market 7.6. Rest of The World Botanical Supplements Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Integrated BioPharma Inc. 22.214.171.124. Key Information 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Product Summary 220.127.116.11. Recent Developments 8.2.2. ChromaDex, Inc. 8.2.3. Nutraceutical International Corporation 8.2.4. Surya Herbal Ltd. 8.2.5. BASF SE 8.2.6. NaturaLife Asia Co. Ltd. 8.2.7. Bio-Botanica Inc. 8.2.8. HERBALIFE Nutrition 8.2.9. Archer Daniels Midland Company (ADM) 8.2.10. The Himalaya Drug Company Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Botanical Supplements Market is valued approximately USD 89.64 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.35 % over the forecast period 2021-2027. Botanical supplements, often known as herbal dietary supplements or herbals, are a type of nutritional supplement that contains plants. These are plant-derived goods derived from plant parts, plants, and plant extracts. Botanical supplements are used in both alternative and traditional medicine and available in a variety of forms. Over the projected period, the rising prevalence of chronic diseases is likely to drive development in the global botanical supplements market. The growing elderly population and high consumption of dietary supplements is also projected to help the global botanical supplements market flourish. According to the International Diabetes Federation Diabetes Atlas, September 2019, 463 million people worldwide are predicted to have diabetes in 2019, with the number anticipated to rise to 578 million by 2030 and 700 million by 2045. According to the United States Census Bureau, the elderly population in the United States is predicted to reach 77 million by 2034. However, no standardization of botanical supplements, and adulterated botanical substances hamper the growth of the market over the forecast period of 2021-2027. Also, government support for R&D and the development of customized and personalized herbal supplements is likely to increase the market growth during the forecast period.
The global botanical supplements market is segmented into main regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the dominating region across the world in terms of market share owing increased knowledge of botanically infused supplements, the development of vegetarianism, rising obesity rates, and rising usage of dietary supplements. Whereas, Europe is also anticipated to exhibit highest growth over the forecast period 2021-2027. This growth can be attributed to the presence of a considerable market for nutraceuticals, pharmaceuticals, and complementary and alternative medical products, increasing geriatric population and consumer preference for healthier, natural-based products would create lucrative growth prospects for the botanical supplements market across European region.
Major market player included in this report are:
Integrated BioPharma Inc.
Nutraceutical International Corporation
Surya Herbal Ltd.
NaturaLife Asia Co. Ltd.
Archer Daniels Midland Company (ADM)
The Himalaya Drug Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Food and beverages
By Distribution Channel:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Botanical SupplementsMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers