Herbal Supplements Market Worth $8.5 Billion by 2025 | CAGR 6.2%: Grand View Research, Inc.

Growing expenditures on health and wellness and increasing disposable income levels is anticipated to drive the growth of the global herbal supplement market. Also, increase in need for natural therapy and products among each age group is anticipated to boost the market over the forthcoming years.

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Rising geriatric population and consciousness regarding preventive healthcare are anticipated to be the important factors pushing the growth of the market. Increasing healthcare expenditure is also probable to increase the market growth. Easy availability of herbal supplements due to various strategies, for instance bundled offerings and direct selling, adopted by businesses will also back market growth.

The global herbal supplements market is segmented intofour major segments named product, formulation, consumer, and region. On the basis of product the herbal supplements market is segmented into moringa, echinacea, flaxseeds, turmeric, ginger and ginseng. On the basis of the formulation the global herbal supplements market is segmented into tablets, capsules, liquid, powder and granules, soft gels and others. On the basis of consumer, the herbal supplements market is segmented into Pregnant Women, Adults, Pediatric and Geriatric. On the basis of region the global Herbal Supplements market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East amp; Africa.

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Source: www.pharmiweb.com

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