Botanical Supplements Market Outlook (2023 to 2033)
The global botanical supplements market size is projected to gain significant growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to surpass a valuation of US$ 71,963 million in 2023. It is expected to reach a valuation of US$ 95,703.2 million by 2033. The market is anticipated to capture a CAGR of 3% from 2023 to 2033.
Apart from providing authentic taste to products, botanical supplements also come with perceived health benefits. For instance, green tea extract well maintains cardiovascular health and the Echinacea plant boosts the immune system. According to research, 97% of consumers in Europe perceive the term botanical or herbal supplements well, while 82% trust such products to maintain natural and strong health.
Traditional medical practices including Ayurveda, Traditional Chinese Medicine, and Herbal Medicine have long employed botanical supplements. As a result, a lot of individuals adhere to the notion that these supplements have an array of health advantages. Botanical supplements are becoming popular, even though scientific study to assess their usefulness is still underway.
Currently, there are many options for purchasing botanical supplements, including capsules, pills, tinctures, and powders. They are easily available to customers since they are sold in pharmacies, health food shops, and online platforms. The market is expanding significantly as a result of the convenience aspect.
Attributes
Details
Botanical Supplements Market Share (2022)
US$ 68,935.42 million
Botanical Supplements Market Share (2023)
US$ 71,693 million
Botanical Supplements Market Share (2033)
US$ 95,703.2 million
Botanical Supplements Market Share (2023 to 2033)
3%
Collective Value Share: Top 3 Countries
44.4%
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Botanical Supplements Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)
The global botanical supplements industry size expanded at a robust CAGR of 7.6% from 2018 to 2022. In 2018, the global market size stood at US$ 51,506.0 million. In the following years, the market witnessed astronomical growth, accounting for US$ 68,935.42 million in 2022.
Botanical supplements, being a rich source of antioxidant and phenolic compounds, is gaining popularity over time due to:
Several health benefits are associated with them
Their improved nutritional properties are carried over to the end products in the food, beverage, sports nutrition, and dietary supplements industries.
Demand for botanical supplements has been forecasted to soar in sports nutrition & dietary supplements sectors. Besides this, improving online availability may allow the market to mitigate various challenges witnessed in the last few years.
Category-wise Insights
Which is the Preferred Source of Botanical Supplements?
Vegetable and Fruit-based Botanical Supplements Flavor and Functionality are Gaining Popularity
The trend of ‘better for you’ botanicals with ‘super-fruit’ ingredients has established a strong foothold in the worldwide market, thanks to their enhanced flavor and healthy attributes. For instance,
The goji berry is being used in fruit-based botanical supplements widely in China. It is the main manufacturer, exporter, and user of the product, where it may be consumed dried, steeped in alcohol, or squeezed into juice concentrates.
Asparagus as a source has witnessed a demand surge in recent years and is expected to witness remarkable growth during the forecast period. In 2022, asparagus captured a 14.60% share of the market.
Which Form is Preferred Mostly in the Market?
Powdered Botanical Supplements are Gaining Popularity among Consumers
Powdered botanical supplements are much desired due to the added benefits of strong flavor and mild taste apart from the characteristics like long shelf life and ease of use. Manufacturers are now focusing on research regarding floral powders, where the saffron flower is a prominent choice because of its royal stigma as the most expensive culinary spice in the world.
Saffron was used for menstrual symptoms, cramps, asthma, pain, liver conditions, and brain diseases before. Further research has established the efficacy of saffron petal powders in food and beverage products as a functional coloring agent, which is causing a soaring demand for the product.
The soft gel form is also gaining swift popularity and is predicted to garner immense growth over the next decade. In 2022, the soft gel segment captured 24.80% shares in the global market.
Which is the Preferred Channel of Distribution for Botanical Supplements?
Online Retail Is Gaining Pace in Tandem with Increasing Botanical Supplements Demand
The ongoing digital trend has provided a significant boost to botanical supplement sales attributed to the pharmaceutical industry growth and the rising awareness regarding general health concerns. Botanical and herbal supplements have seen a key surge in demand among consumers who constantly opt for online retail rather than offline purchase due to the safety and convenience of purchasing.
The store-based distribution channel segment is predicted to dominate the global market during the forecast period. In 2022, the store-based segment captured a 76.80% share of the global market.
Which is the Key Application of Botanical Supplements?
High Phenolic Compounds Present in Botanical Supplements Pushing Sales in Sports Nutrition
Botanical supplements, such as coffee fruit extract including the bean, have high phenolic compounds, which naturally provide a high degree of antioxidant activity including vitamin B or riboflavin while providing low caffeine levels. The product boosts brain function well, while also stimulating athletic performances and protecting against oxidative damage with an increased level of Nrf2 which is a transcription factor that regulates antioxidant proteins expression.
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Comparative View of the Adjacent Botanical Supplements Market
Botanical Supplements Market:
Attributes
Botanical Supplements Market
CAGR (2023 to 2033)
3%
Market Value (2023)
US$ 72,693
Growth Factor
Increasing health consciousness and rising shift toward healthy lifestyles.
Growing awareness for supplements’ consumption benefits.
Expanding nutraceutical industry.
Future Opportunities
Development of innovative formulations to cater to various demographics.
Market Trends
Increasing product launches to attract larger consumer bases.
Herbal Supplements Market:
Attributes
Herbal Supplements Market
CAGR (2023 to 2033)
7.8%
Market Value (2023)
US$ 97.88 billion
Growth Factor
Increasing popularity of herbal supplements among consumers of various age groups.
Expanding pharmaceutical industry.
Increasing demand for herbal treatments.
Future Opportunities
Launch of advanced herbal supplements.
Market Trends
The surging prevalence of chronic diseases and weight gain disorders is impelling the populace to join fitness programs and gyms.
Vegan Supplements Market:
Attributes
Vegan Supplements Market
CAGR (2023 to 2033)
11.3%
Market Value (2023)
US$ 5,376.01 million
Growth Factor
Rise in feasible plant-based alternatives in several categories.
Increasing development of new plant-based products.
Growing popularity of vegan and flexitarian diets.
Future Opportunities
Expansion of direct-to-consumer business strategy and launch of new products.
Market Trends
Increasing adoption of flexitarian diets.
Country-wise Insights
Why has Brazil been Considered a Significant Market?
Flavored Waters are Boosting Botanical Supplements Production in Brazil
Botanical products and beverages are still considered emerging product categories in Latin America. However, the segment is growing significantly with rapid innovation in botanical ingredients which is attributable to both enhanced flavor and improved functionality.
According to research, there is almost a 170% increase in botanical supplement launches in the past 10 years. Among them, botanical-infused flavored waters and carbonated soft drinks with popular botanical profiles including herbs, floral, and spices are gaining much popularity in Brazil.
What is Driving Sales in the United States?
Herbal Dietary Supplements are Gaining Traction in the United States with GRAS Certification
Popular brands providing herbal dietary supplements across the United States retail stores are focusing on getting GRAS (Generally Recognized as Safe) certification to account for a large share of the country. While products are being offered in different forms such as extracts, or dried powders, the inclusion levels like the amount of daily intake and concentration are also being specified. So that consumers get maximum safety and quality product with botanical ingredients providing beneficial functionalities. In 2022, the United States captured a 21.9% share of the global market.
Is the United Kingdom Market Poised to Register High Growth?
Premium Gin Brands are Driving Botanical Supplements Sales in the United Kingdom
Botanical supplements are witnessing impressive prospects in the United Kingdom’s alcohol industry, especially with the gin brands. Although gin itself is made of botanical blends including citrus, juniper, and some spices and roots, improving the taste and choices of consumers are encouraging the inclusion of botanical ingredients. Botanical ingredients include cherry blossom, bergamot, yuzu fruit, gentian, wormwood, quassia, and cinchona, being mixed with aniseed and liquorice to develop premium gins. In 2022, the United Kingdom captured a 1.7% share of the global market.
Countries
CAGR Share in Global Market (2022)
The United States
21.9%
The United Kingdom
1.7%
China
2.3%
Japan
3.4%
India
3.4%
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Competitive Landscape
Key botanical supplement manufacturers are focusing on organic growth like product launches, and product growth strategies. They are also focusing on inorganic growth strategies with several acquisitions and joint ventures. Particularly for the food and beverage industry, recent advancements in botanicals and plant-based formulations are soaring in demand, as botanical supplement brands are going for innovative formulations to be used in end products in the food and beverage industry.
Recent Developments Observed by FMI:
In February 2022, Unigen Inc. introduced two new botanical compounds, one targeted for immune support and the other for respiratory health. Attenutin, the element for respiratory health, has two different kinds of bioflavonoids that are said to enhance innate and adaptive immunity as well as antibody productions of IgA and IgG and a normal level of cytokines.
In August 2021, Layn Natural Ingredients added new Non-GMO Project Verified botanical extracts to its repertoire as part of its ongoing botanical expansion. With the release of polyphenol-rich extracts, Layn Natural Ingredients aim to expand its botanical line.
The Seltzer brand, Something & Nothing, has created a cool botanical trend with ready-to-drink cans infused with hibiscus & French rose seltzer spritz. The brand aims to provide quality spirits and develop French wines with balanced and refreshing botanicals, extracts, and juices.
Key Players Operating in the Global Market
Glanbia Plc
BASF SE
Archer Daniels Midland Company
Naturex SA (Givaudan)
Amway Corporation
The Bountiful Company (Nestlé)
Now Foods
Dabur India Limited
Himalaya Wellness Company
Others
Scope of the Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ Million for Value, MT for Volume
Key Regions Covered
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa (MEA)
Key Countries Covered
The United States
Canada
Germany
The United Kingdom
Nordic
Russia
BENELUX
Poland
France
Spain
Italy
Czech Republic
Hungary
Rest of EMEAI
Brazil
Peru
Argentina
Mexico
South Africa
Northern Africa
GCC Countries
China
Japan
South Korea
India
ASIAN
Thailand
Malaysia
Indonesia
Australia
New Zealand
Others
Key Segments Covered
Source
Form
Distribution Channel
Application
Region
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Botanical Supplements Market Segmentation
By Source:
Vegetables & Fruits
Herbs & Spices
Flowers
Seeds & Nuts
Leaves
Bulbs & Roots
Barks & berries
Others
By Form:
Powder
Liquid
Capsule
Bars
Gels
Granules
Oils
Others
By Distribution Channel:
Offline Stores
Online Retails
By Application:
Food & Beverages
Pharmaceuticals
Sports Nutrition & Dietary Supplements
Cosmetics and Personal Care
Pet Care Industry
Commercial Households
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa (MEA)
Frequently Asked Questions
What is the Present Assessed Value of the Botanical Supplements Market?
A valuation of US$ 71,963 million is attributed to the botanical supplements market in 2023.
What is the Botanical Supplements Market Size Projected by 2033?
The global botanical supplements market size is anticipated to surpass US$ 95,703.2 million by 2033.
What is the CAGR Prediction for the Botanical Supplements Market?
The botanical supplements market is projected to accelerate at a CAGR of 3% between 2023 and 2033.
Which Country Holds High Lucrativeness for Botanical Supplements?
Given that it accounted for 21.9% of the global market in 2022, the United States is a highly profitable botanical supplements market.
How was the Historical Performance of the Botanical Supplements Market?
The value of the global botanical supplements market climbed significantly between 2018 and 2022, with a CAGR of 7.6%.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Source, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Source, 2023 to 2033
5.3.1. Vegetables & Fruits
5.3.2. Herbs & Spices
5.3.3. Flowers
5.3.4. Seeds & Nuts
5.3.5. Leaves
5.3.6. Bulbs & Roots
5.3.7. Barks & berries
5.3.8. Others
5.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Form, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Form, 2023 to 2033
6.3.1. Powder
6.3.2. Liquid
6.3.3. Capsule
6.3.4. Bars
6.3.5. Gels
6.3.6. Granules
6.3.7. Oils
6.3.8. Others
6.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Distribution Channel, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Distribution Channel, 2023 to 2033
7.3.1. Offline Stores
7.3.2. Online Retails
7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Application, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Application, 2023 to 2033
8.3.1. Food & Beverages
8.3.2. Pharmaceuticals
8.3.3. Sports Nutrition & Dietary Supplements
8.3.4. Cosmetics and Personal Care
8.3.5. Pet Care Industry
8.3.6. Commercial Households
8.3.7. Others
8.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. U.S.
10.2.1.2. Canada
10.2.2. By Source
10.2.3. By Form
10.2.4. By Distribution Channel
10.2.5. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Source
10.3.3. By Form
10.3.4. By Distribution Channel
10.3.5. By Application
10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Source
11.2.3. By Form
11.2.4. By Distribution Channel
11.2.5. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Source
11.3.3. By Form
11.3.4. By Distribution Channel
11.3.5. By Application
11.4. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. U.K.
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Source
12.2.3. By Form
12.2.4. By Distribution Channel
12.2.5. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Source
12.3.3. By Form
12.3.4. By Distribution Channel
12.3.5. By Application
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Singapore
13.2.1.5. Thailand
13.2.1.6. Indonesia
13.2.1.7. Australia
13.2.1.8. New Zealand
13.2.1.9. Rest of Asia Pacific
13.2.2. By Source
13.2.3. By Form
13.2.4. By Distribution Channel
13.2.5. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Source
13.3.3. By Form
13.3.4. By Distribution Channel
13.3.5. By Application
13.4. Key Takeaways
14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Source
14.2.3. By Form
14.2.4. By Distribution Channel
14.2.5. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Source
14.3.3. By Form
14.3.4. By Distribution Channel
14.3.5. By Application
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Source
15.1.2.2. By Form
15.1.2.3. By Distribution Channel
15.1.2.4. By Application
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Source
15.2.2.2. By Form
15.2.2.3. By Distribution Channel
15.2.2.4. By Application
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Source
15.3.2.2. By Form
15.3.2.3. By Distribution Channel
15.3.2.4. By Application
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Source
15.4.2.2. By Form
15.4.2.3. By Distribution Channel
15.4.2.4. By Application
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Source
15.5.2.2. By Form
15.5.2.3. By Distribution Channel
15.5.2.4. By Application
15.6. U.K.
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Source
15.6.2.2. By Form
15.6.2.3. By Distribution Channel
15.6.2.4. By Application
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Source
15.7.2.2. By Form
15.7.2.3. By Distribution Channel
15.7.2.4. By Application
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Source
15.8.2.2. By Form
15.8.2.3. By Distribution Channel
15.8.2.4. By Application
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Source
15.9.2.2. By Form
15.9.2.3. By Distribution Channel
15.9.2.4. By Application
15.10. China
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Source
15.10.2.2. By Form
15.10.2.3. By Distribution Channel
15.10.2.4. By Application
15.11. Japan
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Source
15.11.2.2. By Form
15.11.2.3. By Distribution Channel
15.11.2.4. By Application
15.12. South Korea
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Source
15.12.2.2. By Form
15.12.2.3. By Distribution Channel
15.12.2.4. By Application
15.13. Singapore
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Source
15.13.2.2. By Form
15.13.2.3. By Distribution Channel
15.13.2.4. By Application
15.14. Thailand
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Source
15.14.2.2. By Form
15.14.2.3. By Distribution Channel
15.14.2.4. By Application
15.15. Indonesia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Source
15.15.2.2. By Form
15.15.2.3. By Distribution Channel
15.15.2.4. By Application
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Source
15.16.2.2. By Form
15.16.2.3. By Distribution Channel
15.16.2.4. By Application
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Source
15.17.2.2. By Form
15.17.2.3. By Distribution Channel
15.17.2.4. By Application
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Source
15.18.2.2. By Form
15.18.2.3. By Distribution Channel
15.18.2.4. By Application
15.19. South Africa
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Source
15.19.2.2. By Form
15.19.2.3. By Distribution Channel
15.19.2.4. By Application
15.20. Israel
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Source
15.20.2.2. By Form
15.20.2.3. By Distribution Channel
15.20.2.4. By Application
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Source
16.3.3. By Form
16.3.4. By Distribution Channel
16.3.5. By Application
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Glanbia plc
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. BASF SE
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Archer Daniels Midland Company
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Naturex SA (Givaudan)
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Amway Corporation
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. The Bountiful Company (Nestlé)
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Now Foods
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Dabur India Limited
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Himalaya Wellness Company
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Bio-Botanica Inc.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used19. Research Methodology
