The
global market for herbal supplements and remedies has been analyzed
in a recent market intelligence report by Transparency Market
Research. The high adoption rate of a variety of herbal supplements
and herbs-based remedies across the globe has made the global herbal
supplements and remedies market highly profitable.
The
report gives a detailed overview of the current state of the market,
highlighting the major drivers, trends, and other factors that are
expected to have a major influence on the market’s growth prospects
over the period between 2015 and 2023. The report is titled “Herbal
Supplements and Remedies Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 – 2023.”
The
key factors fuelling consumption of various herbal supplements and
remedies include product innovations and the rising awareness about
the numerous and long-lasting benefits of herbal medicines on human
health. The market also gains impetus from the need to find a cheaper
yet effective alternative to expensive healthcare services,
medicines, and dietary products.
Some
of the most popular herbs are products utilized for producing herbal
supplements and remedies are aloe vera, garlic, Ginkgo biloba, soy,
horse chestnut, echinacea, and hypericum perforatum. Herbal
supplements are commonly sold in the market in forms such as tablets,
pellets, capsules, teas, extracts, dried or fresh herbs, and powders.
Regionally,
the market for herbal supplements and remedies in North America is
the dominant regional market across the globe. The high demand for
herbal supplements in the region is owing to the high and rising
usage of herbal products in the production of dietary supplements and
supplementary vitamins.
Interpret
a Competitive outlook Analysis Report with free PDF
Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7487
The
market for herbal supplements and remedies in Europe is also on the
way of becoming a prominent regional market owing to the rising
acceptance for herbal products among consumers and encouraging
regulatory scenario. Moreover, the market for herbal supplements and
remedies in Europe has also benefitted from recent acquisitions of
small nutraceutical companies by major pharmaceutical companies in
the region.
However,
the market holds the most promising growth prospects in regions such
as Latin America and South East Asia over the forecast period.
Factors driving the market for herbal supplements and remedies in
this region include the rising focus on the use of herbal products,
increased research activities focused on the area of dietary
supplements, and the increasing acceptance of herbal remedies.
The
global market for herbal supplements and remedies is presently
fragmented, featuring the presence of several emerging as well as
established pharmaceutical and nutraceutical companies. Some of the
market’s most influential companies are DSM Nutritional Products
Ltd., Bio-Botanica, Inc., Martek Biosciences Corporation, ARKOPHARMA
Pharmaceutical Laboratories, i-Health, Inc., The Himalaya Drug
Company, Ricola AG, Natures Aid, Nutraceutical Corporation, Sundown
Nutrition, and Twinlab Corporation.
No comments:
Post a Comment