The market of herbal supplements is
witnessing a steady growth since the last decade mainly due to the
growing awareness among the consumers of the effect of consuming
synthetic supplements. Herbal supplements market was not even affected
by the financial meltdown during 2009-10. Some of the major factors
driving the market for global supplements market include the growing
global ageing population and the growing concern among consumer to stay
healthy and fit.
During the recession period, when
every other market was experiencing the heat of financial meltdown
herbal supplements was one of the few markets which was not affected by
it instead, the market for global supplements grew at a considerable
rate during that period. The main reason behind it was consumer
preference to go for products which are healthy and at the same time are
cheaper than their conventional counterparts. The difference between
the price of herbal supplements and their conventional counterparts,
proved to be a major factors which helped and is still helping its
market to grow. In addition to that, herbal supplements cause very less
or no side effects, which is also helping its easy acceptance among the
consumers and further helping in the growth of the market.
Huge opportunities lie in the Asia
Pacific market, where the growth is driven mainly due to growing demand
from emerging economies of China and India. The changing lifestyle and
health awareness among consumers in the two countries is driving and is
expected to drive the herbal supplements market in the years to come.
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Report: http://www.marketresearchreports.biz/analysis/168038
Some of the major players in the
global herbal supplements market include Arizona Natural Products Inc,
Bio-Botanica Inc, Emami Ltd, Himalaya Drug Company, Natrol Inc, Nature’s
Sunshine Products Inc, Ricola USA Inc and Nature’s Herbs among others.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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