WASHINGTON, Jan. 06, 2022 (GLOBE NEWSWIRE) — The Global Herbal Supplements Market size is expected to reach over USD 124 billion by 2028, exhibiting a CAGR of 6.5% during the forecast period.
Market Synopsis
The rising use of herbal items by the young people is growing at a fast pace. The growing consumer knowledge about precautionary health care measures coupled with herbal medicines awareness is the key aspect in the growth of the market of herbal supplements and the technological advancements in the field of medical science will further boost the market growth, states Vantage Market Research, in a report, titled “Herbal Supplements Market Size by Source (Leaves, Barks, Fruits & Vegetables, Roots), by Application (Pharmaceuticals, Food & Beverage, Personal Care), by Function (Medicinal, Aroma), by Form (Powder, Syrups, Oils, and Capsules & Tablets) by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028).”
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List of Prominent Players in the Herbal Supplements Market:
SR. NO. |
COMPANIES |
HEADQUARTERS |
1. |
Archer Daniels Midland Company |
U.S., North America |