Botanical Supplements Market by Form (Tablets and Liquids), Source (Flowers, Leaves), Application (Anti – Cancer, Energy and Weight Management), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

$4700

The Botanical Supplements market is expected to grow from USD 29.86 billion in 2020 to USD 52.11 billion by 2028, at a CAGR of 7.21% during the forecast period 2021-2028.

Botanical supplements, sometimes called herbs or herbal supplements or plant supplements, are products made from plants or plant extracts. They are meant to be consumed as they contain necessary ingredients intended to supplement the diet. The National Government Survey found that natural products, including nutritional supplements, are used by nearly 18% of adults. These plant supplements are used in traditional and complementary medicine and come in many forms, including tablets, capsules, soft gels, gel caps, liquids and powders. Plants are sold in many forms as fresh and dried plant material. For example, the produce aisle in the supermarket contains fresh ginger root, while dried ginger root can be found in a supplement aisle in capsule or tablet form, tea bags, or liquid preparation. Chemicals can also be isolated from a vegan plant and sold as supplements, usually in tablets or capsules. For example, phytoestrogens from soy products are sold as dietary supplements.

The factors driving the market are the increase in health awareness and the increase in the interest in the diet. Additionally, increasing awareness of the benefits of plant-based supplements, changing eating habits, and increasing urban population are the other factors that are anticipated to increase the demand for various plant-based supplements in the forecast period. The producers launch a new product with innovative ingredients to cater to the growing demand for different botanical supplements. In addition, the companies are rapidly adopting growth strategies to expand their geographical presence across the globe. Product withdrawal due to some pollution due to prolonged storage of plant supplements and strict government rules are the factors expected to hinder the growth of the target market to a certain extent.

This study delivers a comprehensive analysis of form, source and application. The form segment includes tablets and liquids. Tablets led the market in 2020, and an increasing consumer trend towards tablets and capsules due to their ease of consumption has led to the growth of this segment. The source segment includes flowers and leaves. Leaves led the market in 2020, and herbs and platings have been used since ancient times to produce plant medicines. However, it has gained remarkable popularity due to the changing trend of consumers to use natural products instead of synthetic ones. The application segment consists of anti – cancer, energy and weight management. The energy and weight management applications sector led the market. This is due to the increasing trend of online weight loss programs and government initiatives to promote a healthy diet.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The growing awareness of nutritional supplements infused with plant-based ingredients and the increased consumption of dietary supplements is an essential factor driving the industry's growth in the region. The European region captured a large share of revenue in 2020 and is expected to see significant growth over the forecast period. The influence of individuals with their peer group, neighbors, families, celebrity magazines and higher disposable income is expected to boost industry growth in this region during the forecast period.

Key players in the market are Dabur India, Nutraceutical International Company, Mondelez International, The Himalaya Drug Company, Blackmores Limited, Ricola AG., Procter and Gamble, NBTY Inc. and BASF SE.

Botanical Supplements Market Analysis and Forecast, Form

  • Tablets
  • Liquids

Botanical Supplements Market Analysis and Forecast, Source

  • Flowers
  • Leaves

Botanical Supplements Market Analysis and Forecast, Application

  • Anti – Cancer
  • Energy and weight management

Botanical Supplements Market Analysis and Forecast, Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • The U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • The Middle East And Africa
    •  UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    •  South Africa
    • Rest Of MEA

Report Description:

  • The base year for the study has been considered 2020, the historic year 2018 and 2019; the forecast period considered is from 2021 to 2028.
  • The study delivers a comprehensive analysis of the global market for all segments and regions.
  • The report offers an in-depth analysis of driving factors, opportunities, and restraints to gain fundamental insight into the market. The report emphasizes all the key trends that play a vital role in enlarging the market from 2021 to 2028.
  • Porter's Five Forces model is used to recognize the competitive scenario in the market. This report incorporates the industry analysis, which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions, which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and critical financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological, and legal factors based on our extensive secondary research, primary research, and in-house databases.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Form
          4.3.2. Market Attractiveness Analysis By Source
          4.3.3. Market Attractiveness Analysis By Application
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. The increase in health awareness
    5.3. Restraints
          5.3.1. Product withdrawal due to some pollution due to prolonged storage
          5.3.2. Strict government rules
    5.4. Opportunities
          5.4.1. Companies adopting growth strategies
6. Global Botanical Supplements Market Analysis and Forecast, By Form
    6.1. Segment Overview
    6.2. Tablets
    6.3. Liquids
7. Global Botanical Supplements Market Analysis and Forecast, By Source
    7.1. Segment Overview
    7.2. Flowers
    7.3. Leaves
8. Global Botanical Supplements Market Analysis and Forecast, By Application
    8.1. Segment Overview
    8.2. Energy and weight management
    8.3. Anti – Cancer
9. Global Botanical Supplements Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Botanical Supplements Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Botanical Supplements Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Source Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Dabur India
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Source Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Nutraceutical International Company
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Source Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Mondelez International
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Source Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. The Himalaya Drug Company
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Source Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Blackmores Limited
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Source Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Ricola AG.
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Source Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Procter and Gamble
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Source Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. NBTY Inc.
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Source Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. BASF SE.
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Source Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis

List of Table

1. Global Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

2. Global Tablets, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion) 

3. Global Liquids, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion)

4. Global Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

5. Global Flowers, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion)

6. Global Leaves, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion)

7. Global Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

8. Global Anti – Cancer, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion)

9. Global Energy and Weight Management, Botanical Supplements Market, By Region, 2018 - 2028 (USD Billion)

10. North America Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

11. North America Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

12. North America Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

13. U.S. Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

14. U.S. Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

15. U.S. Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

16. Canada Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

17. CanadaBotanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

18. Canada Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

19. Mexico Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

20. Mexico Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

21. Mexico Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

22. Europe Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

23. Europe Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

24. Europe Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

25. Germany Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

26. Germany Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

27. Germany Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

28. France Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

29. France Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

30. France Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

31. U.K. Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

32. U.K. Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

33. U.K. Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

34. Italy Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

35. Italy Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

36. Italy Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

37. Spain Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

38. Spain Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

39. Spain Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

40. Asia Pacific Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

41. Asia Pacific Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

42. Asia Pacific Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

43. Japan Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

44. Japan Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

45. Japan Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

46. China Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

47. China Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

48. China Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

49. India Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

50. India Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

51. India Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

52. South America Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

53. South America Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

54. South America Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

55. Brazil Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

56. Brazil Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

57. Brazil Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

58. Middle East and Africa Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

59. Middle East and Africa Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

60. Middle East and Africa Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

61. UAE Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

62. UAE Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

63. UAE Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

64. South Africa Botanical Supplements Market, By Form, 2018 - 2028 (USD Billion)

65. South Africa Botanical Supplements Market, By Source, 2018 - 2028 (USD Billion)

66. South Africa Botanical Supplements Market, By Application, 2018 - 2028 (USD Billion)

List of Figures 

1. Global Botanical Supplements Market Segmentation

2. Global Botanical Supplements Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Botanical Supplements Market Attractiveness Analysis By Form

9. Global Botanical Supplements Market Attractiveness Analysis By Source

10. Global Botanical Supplements Market Attractiveness Analysis By Application

11. Global Botanical Supplements Market Attractiveness Analysis By Region

12. Global Botanical Supplements Market: Dynamics

13. Global Botanical Supplements Market Share by Form(2021 & 2028)

14. Global Botanical Supplements Market Share by Source (2021 & 2028)

15. Global Botanical Supplements Market Share by Regions (2021 & 2028)

16. Global Botanical Supplements Market Share by Company (2020)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

Please fill the form below, to recieve the report sample


+1

Our Clients

Some Facts about Fior Markets

1%

Free Customization

1+

Countries can be added on demand

1

Free yearly update on purchase of Multi/Corporate User License

1+

Companies served till date

Customized Research Programme
Premium Customer Service

We serve our customers 24x7 for 365 days through calls, emails and live chat options.

Syndicated market research
Exceptional Market Report

Huge database of exceptional market reports bringing market intelligence to your fingertips.

Domain Specific Analytics
Secured Payment Options

SSL enabled, we offer you various secured payment options for risk free purchase.