Pune, India -- (SBWIRE) -- 03/25/2019 -- Infinium Global Research has produced a new premium report Herbal Supplements Market. The report covers the analysis of global as well as regional markets of Herbal Supplements. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Herbal Supplements Market by source (leaves, barks, fruits & vegetables, roots and others), application (pharmaceuticals, food & beverages, personal care and others), function (medicinal, aroma and other functions) and form (capsules & tablets, powder, syrups, oils and others) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

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The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Herbal Supplements Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Herbal Supplements Market are Archer Daniels Midland Company, Glanbia PLC, Herbalife International of America, Inc., Blackmores Limited, Nutraceutical International Corporation, Nbty, Inc., Arizona Natural Products, Ricola AG, Naturalife Asia Co., Ltd. and Bio-Botanica Inc.

Asia-Pacific to influence the Herbal Supplement Market through 2018-2024

The Herbal Supplement Market was dominated by the Asia-Pacific region over the historic period of 2015-16. Herbal supplement market is basically driven as a growing aging population globally, increased consumer awareness for preventative healthcare, growing number of the self-directed or self-diagnose consumers, herbal supplement manufacturers are accessing new sales channels to reach a diverse and broad set of customers i.e. distribution channel proliferation as inclusion of e-commerce in medicine trade and many more factors are boosting the growth of this market globally.

Demand for the customized herbal supplements would transform the market

Providing consumers with personalized nutritional supplement recommendations based on their own goals and herbal needs will further aid in market growth. For instance, in place of buying the same

Multivitamin off the shelf that is sold to people with radically diverse needs, there will now be the ability to provide a highly customized vitamin, one that has been formulated to address the specific needs of the individual would drive the market in medium and long term.

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The growing focus on age-related herbal supplements

A new trend has developed, and continuously growing wherein the herbal supplements are required at each stage of the life are formulated and marketed by many pharmaceuticals companies. The categories are designed according to the age, which are infants, toddlers and teenagers, adults, middle, and old age people. Most of the offerings are in the category of adults and old aged consumers. The adults' section is now further categorized based on gender and other purposes such as fitness training, pregnant women, and other types. So, as the focus on product differentiation would increase due to rigorous competition among pharmaceutical companies market would see newly customized herbal supplement in the market.

The Asia Pacific and other developing regions driving the market

Asia has had a significant impact on the global herbal supplements market. The global herbal supplements market is led by the Asia Pacific market. The two most robustly growing regional segments in the Asia Pacific herbal supplements market are China and India. Consumer awareness about the benefits of herbal supplements in the Asia Pacific market and easy access to products are the major market drivers in this region. The increase in disposable income allows customers to spend more on herbal supplements and functional foods. In recent years, the Asian consumer has become more conscious of their diet, also. Hence,

Major Key Players mentioned in this Premium Report

The Leading companies in the market are Archer Daniels Midland Company, Glanbia PLC, Herbalife International of America, Inc., Blackmores Limited, Nutraceutical International Corporation, Nbty, Inc., Arizona Natural Products, Ricola AG, Naturalife Asia Co., Ltd. and Bio-Botanica Inc. These companies are looking forward to organic as well as non-organic growth opportunities. In addition, these are continuously focusing on improving productivity and efficiency of the company's performance, at the same time they are concentrating on their cost reduction to improve their profit margins.

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