San Jose, CA (PRWEB) 12 March 2013
Follow us on LinkedIn. Herbal supplements, which largely derived from plants account for about 30% of the global market expanded Her way carefully up the supplements have trodden a long way and currently play an important role in the global healthcare market. With the healthy life-fever gripping people around the world, sales of herbal supplements, especially those that improve the overall fitness of the body, both physically and mentally, is expected to be in great demand in the future. It would also herbal remedies that can help make traditional methods of treatment for various diseases, the dynamics of some of the ancient herbs such as ginseng, aloe vera, St. John’s wort, ginkgo, etc.
both industrialized countries and developing countries, herbal supplements regarded as one of the critical contributions to the overall well being of the population. The proportion of the population to this traditional medicine for primary health care as well as for addressing specific health concerns is increasing day by day. The most important factor driving growth in global markets herbal supplements is a growing interest in health care, while the need to reduce costs comes next in order. Medical costs an enormous burden on families and individuals, forcing them relatively cheaper herbal medicines for various diseases are to be sought. Common health concerns such as heart disease are likely to drive consumer preferences for herbal medicines in the future. The growth outlook for herbal supplements also depend to a large extent on the media, as it plays an important role in the generation or decelerating consumer interest towards the products. Scientific research and clinical studies ensure standards of safety and efficacy of herbal supplements and remedies remains a crucial factor in determining the long-term success of the category.
The global herbal supplements and remedies market exhibited robust growth over the decade, with little or no apparent sharp decrease due to the economic crisis of 2008 recession. The market, in fact, showed a steady growth in the crisis year period of 2008-2009 and beyond. The importance of healthy eating and good lifestyle dominated minds of consumers, who could not even dampened by the financial crisis experienced worldwide in almost every industry. The recession has actually increased preference will be asked for dietary supplements usually do so. Escalating prices, tighter budgets and high health and lifestyle-driven costs actually get consumers to more fuel-efficient, healthier and safer option of alternative medicine and dietary supplements for relief of physical and mental illness.
The market for herbal products continues to strict regulatory environment in almost all regions of the world face. The strict regulations than double entry barriers for new firms intend to use the potential market. Many regions specify rigorous testing for companies before the start of serial production. The industry is also on the parameters of sustainability addressed in terms of production. Sustainable production practices are, what is the future of this market expected to rest on, as many of the plants from which the raw materials are either on the verge of extinction or are indiscriminately without following proper sustainable production methods grown. On the other hand, while a few varieties falling victims of indiscriminate cultivation, there are sometimes very long and bottlenecks for a few others. However, governments in many countries are recognizing the impact of such shortages and provide ample support to protect the sector by promoting cultivation of medicinal herbs such a guaranteed buy-back program and education of the cultivator offers ethical harvest.
women form the major consumer group for herbal supplements due to their growing health awareness and increased concern about food. The manufacturers are also trying to meet the needs of this group by focusing on their attitudes, lifestyles and interests. Many post-menstrual women are far more expensive than herbal supplements as a natural remedy in the place and time consuming hormone replacement therapies. Soy is a popularly used supplement for menopausal symptoms.
Europe represents the largest market worldwide, as stated by the new market research report on Herbal Supplements and Remedies. Asia-Pacific would be in terms of growth, which presents the fastest CAGR through 2018. Developing countries have an important role in recent years in the supply of herbal supplements in the global market. China’s role was particularly commendable as the nation’s rapidly growing into one of the largest suppliers of herbal supplements to global markets in the near future. Herbal supplements made in China already have considerable demand in the EU and the U.S..
Major players profiled in the report include Arizona Natural Products, Arkopharma SA, Bio-Botanica, Inc., Blackmores Ltd., DSM Nutritional Products Ltd, Himalaya Drug Company, Indfrag Ltd., International Vitamin Corp. Natrol Inc., Natures Aid Natures Answer, Nature’s Sunshine Products Inc., NBTY Inc., Nutraceutical Corporation, Pharma Nord APS, Pharmavite LLC, Potters Herbal Medicines, Ricola AG and TwinLab Corporation.
The research report titled Herbal Supplements and Remedies: A Global Strategic Business Report by Global Industry Analysts Inc. announced, provides a comprehensive overview of the global and regional herbal supplements and remedies markets, impact of recession on the markets, current market trends and problems, the regulatory environment, trends in individual product segments in the global and regional markets and a detailed product overview. The report also profiles key players. In the global herbal supplements and remedies market and encapsulates recent product launches and major corporate developments The report analyzes market data and analytics in terms of U.S. dollars for the period 2010 to 2018 for the major geographical regions, including the U.S., Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe) , Asia-Pacific, Latin America and Rest of World. Analyzed Key product segments include Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal Supplements (alfalfa, burdock, evening primrose, Bupleurum Falcatum, capsaicin, Cayanne, cinnamon, hawthorn, kava, Cat Claws and other local herbs). In addition, a six-year is set (2004-2009) historic analysis for additional perspective available.
For more information about this comprehensive market research report, please visit
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company now employs over 800 people worldwide. GIA publishes annually more than 1300 full-scale research reports and analyzes 40,000 + market and technology trends while monitoring more than 126,000 organizations worldwide. For more than 9,500 customers in 27 countries, GIA is recognized today as one of the world’s largest and most respected market research company.
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