Overview:
Supplements are generally those products which are utilized to enhance, support to any kind of insufficiency in human body. It is usually taken in the form of pills, capsules, powder, and liquid or in softgels form or tea bag. These are generally extracted from herbal or botanical sources. Botanical supplements are generally utilized to treat a range of mental and physical ailments. The usage of botanical supplements is high among women as compared to men and is enhancing with age and education.
The global botanical supplements market is expanding at a rapid pace and is expected to achieve substantial growth over the period 2016-2023. Enhance in the work pressure along with busy schedule has led to unhealthy eating habits which is creating a significant demand for botanical supplements all across the globe.
At present, Europe region captured the maximum share in revenue of botanical supplements market and is anticipated to dominate over the forecast period. Influence of people with their peer group, family, neighbors, magazines, endorsement by celebrities along with escalating disposable income is anticipated to expand the growth of botanical supplements market in North America and Asia Pacific during the forecast period.
The global botanical supplements market is mainly concentrated in Europe. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Botanical Supplements Market is segmented on the following bases:
Key Players Identified Across the Value Chain in the Botanical Supplements Market include but are not limited to:
Dabur India, NBTY Inc., Ricola AG., Mondelez International, Procter and Gamble, Nutraceutical International Company, BASF SE, The Himalaya Drug Company, and others.
This report offers:
