Herbal supplements market

1
Herbal Supplements MarketSet to Exceed 137.3
Billion by 2026 CAGR 10.8

• Herbal Supplements Market size is anticipated to
  reach USD 137.3 billion by 2026 and is estimated
  to grow at a CAGR of 10.8 during 2018-2026
  according to a new study published by Polaris
  Market Research

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Herbal Supplements Market Estimate Forecast to
2026
The global Herbal Supplements Market size is
anticipated to reach USD 137.3 billion by 2026
and is estimated to grow at a CAGR of 10.8
during 2018-2026 according to a new study
published by Polaris Market Research. In 2017,
the pharmaceutical segment accounted for the
highest market share in terms of revenue. North
America is expected to be the leading contributor
to the global market revenues in 2017.   The
obese and geriatric population is increasing
worldwide, promoting the growth of the herbal
supplements. The sedentary lifestyle, increasing
use of functional foods, and growing consumer
awareness regarding preventive health care boost
the overall market growth. Increasing disposable
incomes in developing countries, rising awareness
about health benefits of herbal supplements, and
rising health disorders propel the growth of the
herbal supplements industry. Sedentary lifestyle
of consumers leading to lifestyle diseases, and
increasing disposable income drives herbal
supplements market growth.   Health disorders
such as diabetes, cardiovascular diseases, cancer
and others have increased significantly in the
developed economies in past few years. Increasing
incidences of health disorders have resulted in
increased awareness regarding healthy eating
habits. Health and fitness consciousness has also
increased among consumers in countries such as
China and India due to improving lifestyle and
changing food habits. Consumers are more aware
regarding their nutritional intake, and benefits
of herbal supplements, thereby accelerating the
market growth for Herbal Supplements.
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Herbal Supplements Market Scope
By Source By Functionality By Application By Distribution Channel By Region
Leaves Roots Bark Fruits Vegetables Others Medicinal Aromatic Others Food and Beverage Pharmaceuticals Personal Care Others Offline Stores Online Channels North America (U.S., Canada) Europe (Germany, UK, France, Italy, Spain, Netherlands) Asia-Pacific (China, Japan, India, Singapore, Australia, Korea) Latin America (Brazil, Mexico) Middle East and Africa (UAE, Saudi Arabia, South Africa)
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Herbal Supplements Market Estimate Forecast to
2026
North America generated the highest market share
in terms of revenue in 2017 and is expected to
lead the global market throughout the forecast
period. The increasing obese population,
initiatives and funding by governments to promote
health consciousness, and lifestyle changes
primarily drive the growth of this market.  The
number of memberships for health clubs and gyms
has increased significantly promoting the growth
of Herbal Supplements industry in the region. The
increase in obesity related diseases such as
diabetes and hypertension along with high
disposable income of consumers further propel the
adoption of herbal supplements. Access Research
Report On Herbal Supplements market Size   The
well-known companies profiled in the Herbal
Supplements report include Herbalife
International of America, Inc., Ricola AG, Archer
Daniels Midland Company, Nutraceutical
International Corporation, Bio-Botanica Inc.,
Arizona Natural Products, Blackmores Ltd, The
Himalaya Drug Company, Dr. Willmar Schwabe GmbH
Co. KG, and Rainbow Light Nutritional Systems.
These companies launch new products and
collaborate with other market leaders to innovate
and launch new products to meet the increasing
needs and requirements of consumers
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Herbal Supplements Market Size By Application
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6
Herbal Supplements Market Study Engagement
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About Us
Polaris Market Research is a global market
research and consulting company. The company
specializes in providing exceptional market
intelligence and in-depth business research
services for our clientele spread across
different enterprises. We at Polaris are obliged
to e present across the industries of healthcare,
technology, semi-conductors and chemicals among
various other industries present around the
world. We strive to provide our customers with
updated information on innovative technologies,
high growth markets, emerging business
environments and latest business-centric
applications, thereby helping them always to make
informed decisions and leverage new
opportunities. Adept with a highly competent,
experienced and extremely qualified team of
experts comprising SMEs, analysts and
consultants, we at Polaris endeavor to deliver
value-added business solutions to our
customers.   Web www.polarismarketresearch.com Of
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