Precision Business Insights has published a report on the global herbal nutraceuticals market, estimating its value at USD 37.8 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/herbal-nutraceuticals-market
The Herbal Nutraceuticals Market includes nutritional supplements and functional meals made from natural plant sources that provide health advantages beyond basic nutrition. These products combine the concepts of herbal medicine with nutraceutical research, seeking to enhance immunity, digestion, stress management, and chronic disease prevention through bioactive substances such as antioxidants, flavonoids, and polyphenols.
Drivers:
Growing consumer awareness of preventive healthcare and holistic wellness is fueling demand for natural alternatives to synthetic drugs.
Consumers increasingly favor clean-label, organic, and minimally processed supplements aligned with natural lifestyles.
The global herbal nutraceuticals market segmentation:
1) By Form: Capsules & Tablets, Powders, Teas, Liquids
2) By Application: Preventive Healthcare, Therapeutic Use, General Well-being
3) By Distribution Channel: Online Retail, Pharmacies & Drugstores, Supermarkets & Hypermarkets, Specialty Stores, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the herbal nutraceuticals market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the herbal nutraceuticals market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Herbalife Nutrition Ltd., Amway Corporation, Nature’s Bounty Co., DSM Nutritional Products, Swisse Wellness Pty Ltd., Blackmores Limited, The Himalaya Drug Company, Arbonne International LLC, GNC Holdings, Inc., NBTY, Inc.
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