A new report from ‘Herbal Supplements Market’ published by Market Study Report, LLC, has shared specifics on the herbal supplement industry size, geographical landscape, and revenue estimation.
Growth
Globally, the herbal supplement market size is expected to grow at a CAGR of 10.8% in the 2018-2026 time frame and reach $8.5 billion by 2025. Attributable is the boom in health consciousness, from workout to better eating habits, in places like North America, India, and China.
And get this:
North America generated the highest market share in regards to revenue in 2017 and is expected to lead the way for global market growth through 2026!
Health Concerns
According to Market Watch, consumers are more aware of their nutritional intake and the benefits of herbal supplements, thereby accelerating the market growth for herbal supplements. An increase in gym memberships and health clubs also helps, indirectly propelling the dietary supplement industry forward.
Check It
Some 93 million adults are obese in America. Every day, 1 in 3 adults eats fast food. Approximately half of the American population has a least one risk for heart disease. That includes smoking, high cholesterol, and high blood pressure. If you are new to the herbal supplement industry, this is just the beginning of your journey in helping others achieve their lifestyle goals. With the industry expanding full-force ahead and more people showing concern for their own health, your supplement products could help lower the number of not only obese people who are at risk for detrimental conditions, but those who are unhappy with their current state. What impact are you looking to make?
Commitment
Remember, choosing the right supplement as a consumer is just as important as choosing the right manufacturer as an entrepreneur. The Makers Nutrition team breathes the dietary supplement industry and is cognizant of what it takes to thrive in niche areas such as herbal supplements. From capsules to gummies, we are experts on timing, brand marketing, and product quality. We are prepared to play our part in your success. Are you?
Sources:
- https://www.marketwatch.com/press-release/herbal-supplements-market-size-incredible-possibilities-and-growth-analysis-and-forecast-to-2026-2019-03-12
- https://www.apnews.com/Business%20Wire/38969ba60d214feabc981cf7eee44611 https://247wallst.com/healthcare-economy/2019/02/15/trump-is-obese-like-93-million-other-americans/
- https://www.usatoday.com/story/news/nation-now/2018/10/03/americans-eat-fast-food-daily-cdc-survey/1507702002/ https://www.cdc.gov/heartdisease/facts.htm