Global Herbal Nutraceuticals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Ginger, Garlic, Turmeric, Aloe Vera, Green Tea, and Others.

By Nature;

Conventional and Organic.

By Form;

Capsules & Tablets, Powders, Liquids, and others.

By Distribution Channel;

Pharmacy, Online store, Supermarket/Hypermarket, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn210819012 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Herbal Nutraceuticals Market (USD Million), 2021 - 2031

In the year 2024, the Global Herbal Nutraceuticals Market was valued at USD 40,765.62 million. The size of this market is expected to increase to USD 67,852.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The global herbal nutraceuticals market has witnessed significant growth in recent years, driven by increasing consumer awareness about health and wellness, coupled with a rising preference for natural and organic products. Herbal nutraceuticals, which encompass a wide range of dietary supplements derived from plant sources, offer perceived health benefits beyond basic nutrition. These products often include herbal extracts, vitamins, minerals, amino acids, and other botanical ingredients known for their therapeutic properties. The market's expansion is further propelled by a growing aging population globally, seeking preventive healthcare solutions and complementary medicine options.

North America and Europe stand out as mature markets for herbal nutraceuticals, supported by established regulatory frameworks and a strong inclination towards preventive healthcare practices. These regions have witnessed a surge in demand for herbal supplements owing to increasing disposable incomes and a preference for organic and natural products. Meanwhile, Asia-Pacific is emerging as a lucrative market due to its rich herbal tradition and growing consumer awareness regarding the benefits of traditional medicine. Countries like China and India contribute significantly to market growth, driven by a heritage of herbal remedies and expanding middle-class populations seeking natural healthcare alternatives.

The market for herbal nutraceuticals is characterized by intense competition among key players who emphasize product innovation, quality assurance, and strategic partnerships to gain a competitive edge. Companies are increasingly investing in research and development to explore new herbal formulations and expand their product portfolios. With consumers becoming more discerning and health-conscious, the future outlook for the global herbal nutraceuticals market remains optimistic, driven by evolving dietary preferences and a broader acceptance of natural remedies worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Nature
    3. Market Snapshot, By Form
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Herbal Nutraceuticals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer awareness about natural and herbal products.
        2. Growing preference for preventive healthcare solutions.
        3. Rise in disposable income and health consciousness globally.
      2. Restraints
        1. Stringent regulatory requirements and compliance challenges.
        2. Limited scientific validation and standardization of herbal products.
        3. Perception challenges regarding efficacy and safety compared to pharmaceuticals.
      3. Opportunities
        1. Expansion in emerging markets with rising healthcare expenditure.
        2. Innovation in product formulations and delivery systems.
        3. Strategic partnerships and acquisitions for market expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Herbal Nutraceuticals Market, By Type, 2021 - 2031 (USD Million)
      1. Ginger
      2. Garlic
      3. Turmeric
      4. Aloe Vera
      5. Green Tea
      6. Others
    2. Global Herbal Nutraceuticals Market, By Nature, 2021 - 2031 (USD Million)
      1. Conventional
      2. Organic
    3. Global Herbal Nutraceuticals Market, By Form, 2021 - 2031 (USD Million)
      1. Capsules & Tablets
      2. Powders
      3. Liquids
      4. Others
    4. Global Herbal Nutraceuticals Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Pharmacy
      2. Online store
      3. Supermarket/Hypermarket
      4. Others
    5. Global Herbal Nutraceuticals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company
      2. DSM Nutritional Products
      3. Herbalife Nutrition Ltd.
      4. Nutraceutical International Corporation
      5. Bio-Botanica Inc.
      6. Nature's Bounty Co.
      7. Blackmores Ltd.
      8. Ricola AG
      9. Himalaya Drug Company
      10. BioGaia AB
  7. Analyst Views
  8. Future Outlook of the Market