Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 50.55 Billion | USD 81.79 Billion | 6.20% | 2024 |
FrequentlyAsked Questions
Herbal products are natural remedies derived from plants, including their roots, seeds, leaves, bark, and flowers, which are used for their health-promoting and therapeutic properties. Commonly available in various forms, including capsules, teas, extracts, and powders, these products have extensive applications in both alternative and traditional medicine systems, such as naturopathy, Ayurveda, and Traditional Chinese Medicine (TCM).
The global herbal products market is projected to grow due to the increasing adoption of plant-based and vegan lifestyles, growing awareness of organic products, and rising demand for herbal personal care products.
According to study, the global herbal products market size was worth around USD 50.55 billion in 2024 and is predicted to grow to around USD 81.79 billion by 2034.
The CAGR value of the herbal products market is expected to be approximately 6.20% from 2025 to 2034.
Asia Pacific is expected to lead the global herbal products market during the forecast period.
The key players profiled in the global herbal products market include Himalaya Wellness Company, Dabur, Nature’s Bounty, Gaia Herbs, Amway, Herbalife Nutrition, NOW Foods, Natures Aid, Bioforce AG (A.Vogel), General Nutrition Centers, Pukka Herbs, Planet Ayurveda, Organic India, Arkopharma, and Swanson Health Products.
The report examines key aspects of the herbal products market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
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