Global Botanical Supplements Market to Reach US$90.2 Billion by 2020 due to Increase in Consumer Preference for Healthy Food

The Competitive Landscape section of the Botanical supplements market report includes companies market share in different countries included in the report. Also includes the global market share of the top players.

New York City, New York, October 28, 2015: As per the latest market report published by Persistence Market Research, titled “Global Market Study on Botanical Supplements: Personal Care Segment to Witness Highest Growth by 2020”, the global botanical supplements market stood at US$54.6 billion in 2013, and is predicted to expand at a 7.5% CAGR between 2013 and 2020, to reach US$90.2 billion by 2020.

Browse Full TOC: http://www.persistencemarketresearch.com/toc/2797

The global botanical supplements market is fuelled by the increase in preference for food and food products that provide distinct health benefits. These supplements are excellent for consumers who aspire to adopt a healthy lifestyle and are excellent for the prevention of diseases. The most widely utilized botanical products are garlic, plantago, ginger, ginseng, red clover, extracts of soy, and rhodiola.

The rise in the global geriatric population, the low cost of botanical supplements in comparison to other traditional supplements, and the none-to-minimal side effects of these supplements are projected to stimulate the demand from the botanical supplements market. Recently, the advancement in sales media, in the shape of internet sites, television, and radio direct sales outlets, added to the supplements sold directly by health professionals from their offices, has materialized as the key opportunity area for the botanical supplements industry.

Request Sample Report: http://www.persistencemarketresearch.com/samples/2797

Nonetheless, the current regulations on botanical products imposed by the Medicines and Healthcare products Regulatory Agency in the European Union and the U.S. Food and Drug Administration have emerged as a major challenge for suppliers of botanical supplements, which has impeded the growth of this market.

As per this report, the global botanical supplements market is categorized in terms of end users, applications, and geography.

Browse Full Report: http://www.persistencemarketresearch.com/market-research/botanical-supplements-market.asp

The report states that on the basis of application, the botanical supplements market is segmented into pharmaceuticals, beverages, and personal care. In terms of end users, the global botanical supplements market is segmented into adult men, adult women, baby boomers, and others. Amongst these, female middle-aged users with weight issues are the biggest consumers of herbal supplements. The segment of baby boomers is projected to display the highest growth in the coming years owing to the increase in the number of health issues that usually arise in the aging population.

On the basis of geography, the botanical supplements market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). The market for botanical supplements has been dominated by Europe in the past few years, trailed by Asia Pacific. China and India are undergoing expeditious urbanization and industrialization and are anticipated to maintain the same in the forthcoming future, primarily because of the progressing economies of these countries.

Directly Buy Full Report: http://www.persistencemarketresearch.com/checkout/2797

The botanical supplements market in Asia Pacific is fuelled by increased urbanization, the recent economic development, and the consistent norm of utilizing botanical medicine. However, the global market for botanical supplements is highly fragmented. The major companies in the global botanical supplements market include Procter & Gamble, Bayer AG, Surya Herbal, Ltd., ChromaDex, Inc., Ricola, Nutraceutical International Corporation, NBTY, Inc., NaturaLife Asia Co., Ltd, BASF SE, Blackmores Limited, The Himalaya Drug Company, Integrated BioPharma, Inc., and Pharmavite LLC.

About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact
Persistence Market Research
305 Broadway
7th Floor
New York City, NY 10007
United States
USA-Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com


Contact Details

Company Name: Persistence Market Research Pvt. Ltd
Issued By: Veronica Savio
Phone: 08009610353
Address: Addie Thomas 305 Broadway 7th Floor, New York Cit NY 10007, United States, USA - Canada
City: New York
State: USA
Zip: 10007
Country: United States
Website: Visit the website

Keywords : Botanical Supplements Market, Botanical Supplements,

by Veronica Savio (few years ago!)

Latest Press Releases

The Mad Hatter Now Offer a Full Line of Hearth Products and Full Line of Grills

Diabetes Insulin Delivery Pens Market Research Report 2018

Dr Kapadia Provides Tips to Patients Interested in Hair Transplant Procedures

love vashikaran specialist

Solar Blanket Sales Market Report 2018

Spring Bottled Water Market Insights, Forecast to 2025

Biochemical Incubator Sales Market Report 2018

Quinine Sulphate Sales Market Report 2018

Automotive Chassisc System Market Insights, Forecast to 2025

2,6-Dicarboxypyridine market size in key regions like North America, Europe, Asia Pacific an..

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.