Industry News: Herbal nutraceuticals Market share will grow at CAGR of 7.6% says Report Ocean

The global herbal nutraceuticals market was valued at $28,329.7 million in 2019, and is projected to reach $48,446.5 million by 2027, registering a CAGR of 7.55% from 2021 to 2027.

Herbal nutraceuticals are obtained from natural sources with no added chemicals or toxins. These products are highly effective, safer, and more tolerable as compared to conventional products available in the market. Some of the common herbal nutraceuticals available in the market are aloe vera, garlic, ginger, green tea, and turmeric. Moreover, these herbal nutraceuticals are easily available in the market through various distribution channels including online stores, supermarkets/hypermarket, online stores, and others.