PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1546116
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1546116
Asia Pacific Herbal Supplements Market Introduction and Overview
According to SPER market research, 'Asia Pacific Herbal Supplements Market Size- By Source, By Functionality, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Asia Pacific Herbal Supplements Market is predicted to reach USD 118.77 billion by 2033 with a CAGR of 9.69%.
Supplements created from plants or plant extracts with an aim to promote overall health and wellbeing are called herbal remedies. They are frequently marketed as natural substitutes for prescription medications and are available in a variety of formats, including capsules, tablets, powders, and teas.
Asia Pacific's herbal supplement market has been significantly impacted by the COVID-19 outbreak. When people started looking for ways to strengthen their resistance to the virus, there was a spike in demand for immune-boosting supplements.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Source, By Functionality, By Application, By Distribution Channel
Regions covered Australia, China, India, Japan, South Korea, Rest of Asia-Pacific
Companies Covered Archer Daniels Midland Company, Bio-Botanica Inc., Blackmores, Glanbia plc, Herbalife International of America, NaturaLife Asia Co. Ltd., Nestle Health Science, Nutraceutical International Corporation, Wel-Bloom Bio-Tech Corporation.
Asia Pacific Herbal Supplements Market Segmentation:
By Source: Based on the Source, Asia Pacific Herbal Supplements Market is segmented as; Leaves, Roots, Bark, Fruits & Vegetables, Others.
By Application: Based on the Application, Asia Pacific Herbal Supplements Market is segmented as; Food and Beverage, Pharmaceuticals, Personal Care, Others.
By Distribution Channel: Based on the Distribution Channel, Asia Pacific Herbal Supplements Market is segmented as; Offline Stores, Online Channels.
By Region: This research also includes data for Australia, China, India, Japan, South Korea, Rest of Asia-Pacific.