Actionable Insights in Global Botanical Supplements Market
According to a new market research report published by Global Market Estimates, the Global Botanical Supplements Market is expected to grow at a CAGR of 6.26% during the forecast period. The demand for botanical supplements is projected to be high due to the growing baby boomer generation, increasing interest in the self-sufficiency, and rising USA market for botanical supplements
By Form( Capsules &Gummies, Powdered Supplements, Drinks &Shots, Other Forms), By Distribution Channel (Pharmacies/Drug Store, Online Retail Stores, Supermarket/Hypermarket, Health Stores, Other Channels), By Region (North America, Europe, Asia Pacific and Rest of the World), Vendor Landscape, End-User Landscape, and Company Market Share Analysis & Competitor Analysis
Key Market Insights
· Botanical dietary supplements and herbal supplements are used either in treating injuries or to maintain health
· The growing the boomer generation and mature USA market would lead to high market demand during the forecast period.
· The powder supplement is expected to hold the largest market share during the forecast period.
· North America is expected to dominate the market during the forecast period.
· Some of the key players operating in the market include Herb Pharm, Vitality Works, Vox Nutrition, Private Label Supplements, Pharma Nord, Ransom Natural Ltd, Bi Nutraceuticals, and Natural Supplements among others.
Form Outlook (Revenue, USD Million, 2020-2026)
· Capsules &Gummies
· Powdered Supplements
· Drinks &Shots
· Other Forms
Distribution Channel Outlook (Revenue, USD Million, 2020-2026)
· Pharmacies/Drug Store
· Online Retail Stores
· Health Stores
· Other Channels
Regional Outlook (Revenue, USD Million, 2020-2026)
- Rest of Europe
- South Korea
Middle East and Africa
· Saudi Arabia
Central and South America
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