Health/Beauty Nutraceutical Cosmetic Goods

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1519307

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1519307

Rhodiola Rosea Supplements Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

PUBLISHED: July 15, 2024

PAGES: 250 Pages

DELIVERY TIME: 2-5 business days

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Description

Fairfield Market Research has recently unveiled a comprehensive analysis of the Rhodiola Rosea Supplements market, highlighting significant growth prospects over the coming decade. As mental health awareness rises globally, the demand for natural supplements like Rhodiola Rosea, known for its adaptogenic properties, is expected to witness substantial growth. The market is projected to grow from a value of $17.424 million in 2024 to $33.428 million by 2031, representing a robust compound annual growth rate (CAGR) of 9.80%.

Mental Health Crisis Driving Supplement Demand

The prevalence of mental health disorders, particularly depression and anxiety, is escalating worldwide. According to the World Health Organization, millions of adults suffer from depression, a leading cause of disability globally. The rise in mental disorders can be attributed to a variety of factors, including genetic predispositions, traumatic experiences, and the complex interrelation between physical and mental health. For instance, chronic illnesses such as cancer, diabetes, and cardiovascular diseases often lead to depression, further exacerbating the mental health crisis. The increasing recognition of mental health issues and the stigma reduction surrounding mental health discussions have also contributed to more individuals seeking help and, consequently, supplements that support mental well-being.

Adaptogenic Properties of Rhodiola Rosea

Rhodiola Rosea is classified as an adaptogen, a natural substance that helps the body resist stress. Adaptogens work by stabilizing physiological processes and promoting homeostasis, thereby reducing the impact of stressors on the body. Research indicates that Rhodiola Rosea stimulates serotonin and dopamine activity in the brain, promoting healthy emotional and neurological functioning. Additionally, Rhodiola Rosea is known to enhance physical endurance, prevent high-altitude sickness, regulate blood pressure, and protect the liver from damage. These multifaceted benefits have made Rhodiola Rosea a popular choice among consumers seeking natural supplements to improve their overall well-being. The growing body of scientific evidence supporting the efficacy of Rhodiola Rosea in managing stress and enhancing mood further propels its demand in the market.

Market Expansion Due to Rising Health Consciousness

The market for Rhodiola Rosea Supplements is expected to expand as consumers become more aware of the importance of mental health. The growing health consciousness among individuals and the demand for natural supplements to enhance physical endurance and mental capacity are key drivers of market growth. The shift towards preventive healthcare, where individuals take proactive steps to maintain their health and well-being, has significantly contributed to the popularity of natural supplements. Rhodiola Rosea, with its adaptogenic properties, fits well into this trend as a natural remedy to support mental health and overall wellness.

Regional Insights: Europe and the United States

Europe held a significant market share in recent years and is projected to experience robust growth. Factors contributing to this growth include the high prevalence of chronic depression and the substantial impact of depression on chronic sick leaves. European consumers are increasingly turning to natural supplements like Rhodiola Rosea due to the adverse side effects of conventional medications. The increasing adoption of natural and holistic approaches to health in European countries, coupled with the rising awareness of the benefits of adaptogens, is expected to drive the market for Rhodiola Rosea Supplements in the region. Additionally, regulatory support for natural health products in Europe provides a conducive environment for market growth.

In the United States, depression is a prevalent mental disorder, with a significant portion of the population experiencing at least one episode of depression annually. The surge in depression cases over the past decade is attributed to growing feelings of helplessness, economic distress, and societal pressures. The COVID-19 pandemic has further exacerbated the mental health crisis, leading to increased cases of anxiety and depression. With increased government spending on mental health programs and a preference for natural supplements over conventional medicines, the U.S. market for Rhodiola Rosea Supplements is anticipated to expand significantly during the forecast period. The growing trend towards self-care and the rising popularity of dietary supplements that promote mental health are expected to be key factors driving market growth in the United States.

Key Market Players:

NutraChamps
Now Foods
Nature's Way
Gaia Herbs
BulkSupplements
Jarrow Formulas
Absorb Health
Thorne
Perfect Supplements
Pure Encapsulations
Micro Ingredients

Market Segmentation

By Form:

Capsule
Powder

By Sales Channels:

Online Sales
Retail Sales

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Rhodiola Rosea Supplements Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Rhodiola Rosea Supplements Market Outlook, 2019-2031

3.1. Global Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Capsule
  - 3.1.1.2. Powder
3.2. Global Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Online Sales
  - 3.2.1.2. Retail Sales
3.3. Global Rhodiola Rosea Supplements Market Outlook, by Region, Value (US$ Bn), 2019-2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Rhodiola Rosea Supplements Market Outlook, 2019-2031

4.1. North America Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Capsule
  - 4.1.1.2. Powder
4.2. North America Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Online Sales
  - 4.2.1.2. Retail Sales
4.3. North America Rhodiola Rosea Supplements Market Outlook, by Country, Value (US$ Bn), 2019-2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 4.3.1.2. U.S. Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 4.3.1.3. Canada Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 4.3.1.4. Canada Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Rhodiola Rosea Supplements Market Outlook, 2019-2031

5.1. Europe Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Capsule
  - 5.1.1.2. Powder
5.2. Europe Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Online Sales
  - 5.2.1.2. Retail Sales
5.3. Europe Rhodiola Rosea Supplements Market Outlook, by Country, Value (US$ Bn), 2019-2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.2. Germany Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.3. U.K. Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.4. U.K. Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.5. France Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.6. France Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.7. Italy Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.8. Italy Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.9. Turkey Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.10. Turkey Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.11. Russia Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.12. Russia Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 5.3.1.13. Rest of Europe Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 5.3.1.14. Rest of Europe Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031

6. Asia Pacific Rhodiola Rosea Supplements Market Outlook, 2019-2031

6.1. Asia Pacific Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Capsule
  - 6.1.1.2. Powder
6.2. Asia Pacific Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Online Sales
  - 6.2.1.2. Retail Sales
6.3. Asia Pacific Rhodiola Rosea Supplements Market Outlook, by Country, Value (US$ Bn), 2019-2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.2. China Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 6.3.1.3. Japan Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.4. Japan Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 6.3.1.5. South Korea Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.6. South Korea Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 6.3.1.7. India Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.8. India Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 6.3.1.9. Southeast Asia Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.10. Southeast Asia Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 6.3.1.11. Rest of Asia Pacific Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 6.3.1.12. Rest of Asia Pacific Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031

7. Latin America Rhodiola Rosea Supplements Market Outlook, 2019-2031

7.1. Latin America Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Capsule
  - 7.1.1.2. Powder
7.2. Latin America Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Online Sales
  - 7.2.1.2. Retail Sales
7.3. Latin America Rhodiola Rosea Supplements Market Outlook, by Country, Value (US$ Bn), 2019-2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 7.3.1.2. Brazil Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 7.3.1.3. Mexico Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 7.3.1.4. Mexico Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 7.3.1.5. Argentina Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 7.3.1.6. Argentina Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 7.3.1.7. Rest of Latin America Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 7.3.1.8. Rest of Latin America Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031

8. Middle East & Africa Rhodiola Rosea Supplements Market Outlook, 2019-2031

8.1. Middle East & Africa Rhodiola Rosea Supplements Market Outlook, by Form, Value (US$ Bn), 2019-2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Capsule
  - 8.1.1.2. Powder
8.2. Middle East & Africa Rhodiola Rosea Supplements Market Outlook, by Sales Channels, Value (US$ Bn), 2019-2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Online Sales
  - 8.2.1.2. Retail Sales
8.3. Middle East & Africa Rhodiola Rosea Supplements Market Outlook, by Country, Value (US$ Bn), 2019-2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 8.3.1.2. GCC Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 8.3.1.3. South Africa Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 8.3.1.4. South Africa Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 8.3.1.5. Egypt Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 8.3.1.6. Egypt Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 8.3.1.7. Nigeria Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 8.3.1.8. Nigeria Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031
  - 8.3.1.9. Rest of Middle East & Africa Rhodiola Rosea Supplements Market by Form, Value (US$ Bn), 2019-2031
  - 8.3.1.10. Rest of Middle East & Africa Rhodiola Rosea Supplements Market by Sales Channels, Value (US$ Bn), 2019-2031

9. Competitive Landscape

9.1. Manufacturer vs by Sales Channels Heatmap
9.2. Company Market Share Analysis, 2024
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. NutraChamps
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Now Foods
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. Nature's Way
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Gaia Herbs
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. BulkSupplements
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Jarrow Formulas
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Absorb Health
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Thorne
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Perfect Supplements
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Pure Encapsulations
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development
- 9.4.11. Micro Ingredients
  - 9.4.11.1. Company Overview
  - 9.4.11.2. Product Portfolio
  - 9.4.11.3. Financial Overview
  - 9.4.11.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

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