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

By Source Segment;

Leaves, Barks, Fruits & Vegetables, and Roots.

By Application;

Pharmaceuticals, Food & Beverages, and Personal Care.

By Function;

Medicinal and Aroma.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn903780115 Published Date: March, 2025 Updated Date: May, 2025

Introduction

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

In the year 2024, the Global Herbal Supplement Market was valued at USD 8,686.93 million. The size of this market is expected to increase to USD 12,198.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global herbal supplement market has witnessed significant growth in recent years, driven by increasing consumer awareness and demand for natural and organic products. Herbal supplements, derived from plants and botanicals, are valued for their perceived health benefits and minimal side effects compared to synthetic alternatives. This market encompasses a wide range of products, including capsules, tablets, powders, and liquids, each formulated to support various health needs such as immunity enhancement, digestive health, and stress relief.

The herbal supplement market is the rising preference for preventive healthcare solutions. Consumers are increasingly turning to herbal supplements as a proactive approach to maintaining overall wellness and addressing specific health concerns. This trend is bolstered by a growing aging population seeking natural remedies for age-related health issues. Moreover, the shift towards a healthier lifestyle and increased disposable incomes in emerging economies have further fueled the market expansion, as consumers prioritize products perceived to be safer and more sustainable in the long term.

Geographically, North America and Europe have traditionally held significant shares in the herbal supplement market, driven by strong consumer awareness, regulatory support, and well-established distribution channels. However, the Asia-Pacific region is emerging as a pivotal growth hub, fueled by a rich history of herbal medicine traditions and growing acceptance of natural healthcare practices. Governments' initiatives to promote traditional medicine and the increasing adoption of herbal supplements among younger demographics are expected to sustain robust growth in the region. Overall, as consumers continue to prioritize holistic health and wellness, the global herbal supplement market is poised for continued expansion, driven by innovation in product formulations and increasing availability across diverse retail channels.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source Segment
    2. Market Snapshot, By Application
    3. Market Snapshot, By Function
    4. Market Snapshot, By Region
  4. Global Herbal Supplement Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing consumer preference for natural and organic products
        2. Increasing awareness about health and wellness benefits
        3. Rise in chronic diseases and healthcare costs
      2. Restraints
        1. Lack of stringent regulatory frameworks in some regions
        2. Variability in quality and efficacy of herbal supplements
        3. Cultural and traditional barriers in certain markets
      3. Opportunities
        1. Expansion of online retail channels and e-commerce platforms
        2. Rising disposable incomes in emerging economies
        3. Innovations in product formulations and delivery formats
    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 Supplement Market, By Source Segment, 2021 - 2031 (USD Million)
      1. Leaves
      2. Barks
      3. Fruits & vegetables
      4. Roots
    2. Global Herbal Supplement Market, By Application, 2021 - 2031 (USD Million)
      1. Pharmaceuticals
      2. Food & beverages
      3. Personal care
    3. Global Herbal Supplement Market, By Function, 2021 - 2031 (USD Million)
      1. Medicinal
      2. Aroma
    4. Global Herbal Supplement 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. Nature's Bounty Co.
      2. Nutraceutical International Corporation
      3. Blackmores Ltd.
      4. Herbalife Nutrition Ltd.
      5. Himalaya Global Holdings Ltd.
      6. Bio-Botanica Inc.
      7. Ricola AG
      8. Arizona Natural Products
      9. Gaia Herbs
      10. NOW Foods
  7. Analyst Views
  8. Future Outlook of the Market