Findings from Facts and Factors report “U.S. Herbal Supplements Market By Type (Garlic, John’s wort, Peppermint, Ginger, Soy, Chamomile, and Others), and By Application (Food & beverage, Pharmaceutical, and Personal care): Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”
According to the report, the U.S. Herbal Supplements market in 2019 was approximately USD XXX Million. The market is expected to grow above a CAGR of XX% and is anticipated to reach over USD XXX Million by 2026.
By 2025, the US market for herbal supplements is projected to grow to USD XX billion by 2025, due to increasing demand for the product as a natural source of nutrition. The increased demand for supplements by consumers worldwide is projected to increase the demand for herbal supplements as a result of their contribution to general well-being over the supply period.
Nutritional supplements are products that contain direct mineral, vitamin and herbal intake. Typically, they take the form of tablets, powders, capsules, gels, and fluids and are labeled as nutritional supplements. In recent years, the intake of herbal supplements has increased in the United States due to a shift to natural therapies.
The American herbal market is steadily increasing with the demand for herbs and botanicals for young and young adults. The high cost of medical treatment and inactive lifestyle are the main drivers of the growth of the market for herbal supplements in the USA.
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As a result of increased public health awareness, US customers prefer to take a smaller portion of nutritional and protein supplements. A lot of people in the US are focusing on weight-reducing diet and exercise. Confidence that the U.S. has the highest obese population in the world, and that it has a tremendous opportunity to market herbal supplements in the U.S. These factors are the main contributors to the growing demand for herbal supplements in the next US market.
Natural herbal side effects reduce the development of herbal supplements on the US market. For example, echinacea, known as effective cold treatment, can cause diarrhea, rashes, and increased bronchitis. Garlic, a herb long known for cough and cold treatment, is likely to cause malodour, heartburn, acidity and allergic reactions.
Rising prices for medicines and costly new budgets for health systems are driving the US population towards a conventional and economic approach to dietary control, i.e. herbal supplements. In order to maintain a positive view of the products, the authorized authorities are also implementing regulations to increase dependence on herbal supplements sold in the United States.
Based on type, ginger dominated the U.S. market in 2019 owing to its wide range of uses combined with its medicinal properties. By Application, Personal care held the leading shares in 2019. The growth of this segment is primarily attributable to the rising awareness amongst the population regarding the health benefits of herbal products.
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Top key players operating in the market are Arizona Natural Products, Vitakem Nutraceutical Inc., ABH Pharma, Sunfood Nutraceuticals, Gaia Herbs, Herb Pharm, and Others.
This report segments the U.S. Herbal Supplements market as follows:
Global U.S. Herbal Supplements Market: By Type Segmentation Analysis
- John’s wort
Global U.S. Herbal Supplements Market: By Application Segmentation Analysis
- Food & beverage
- Personal care
Global U.S. Herbal Supplements Market: Regional Segmentation Analysis
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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