Global Market Study on Botanical Supplements - Size, Trend, Analysis, Share to 2020

Global Market Study on Botanical Supplements - Europe has emerged

as the largest market, followed by Asia Pacific 2020

Persistence Market Research

Global Botanical Supplements Market to

Reach US$90.2 Billion by 2020, due to

Increasing demand in global market Persistence Market Research

Persistence Market Research

1

Global Market Study on Botanical Supplements - Europe has emerged

as the largest market, followed by Asia Pacific 2020

Persistence Market Research Released New Market Report “Global Market Study on

Botanical Supplements: Personal Care Segment To Witness Highest Growth by

2020,” the global Botanical Supplements market was valued at USD 54.6 billion in 2013 and

is expected to grow at a CAGR of 7.5% from 2014 to 2020, to reach an estimated value of

USD 90.2 million in 2020.

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Interest in healthy eating is influencing consumers to shift their dietary preferences in

favour of food and food ingredients with potential health benefits. For consumers

looking for a healthy lifestyle and seeking to reduce the risk of illness, herbal and

botanical supplements (popularly known as herbal medicinal products) are among the

best options.

Botanical supplements include fresh or dried products in different forms, such as

tablets, capsules, powders, and tea bags. Globally, garlic, ginger, santalum, plantago,

ginseng, rhodiola extract, red clover extract, and soy extract are some of the most

widely used botanical supplements. Increasing elderly population and little or no side

effects of botanical supplements are expected to drive the global botanical supplements

market. According to the Population Division of the United Nations Department of

Economic and Social Affairs (UN-DESA), there were 841 million people aged 60 and

above in 2013 compared to 205 million in 1950. The number is projected to reach over

2 billion by 2050.

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