Europe Herbal Supplements Market By Source (Leaves, Barks, Roots, Fruits & Vegetables), By Application (Pharmaceuticals, Personal Care, Food & Beverages), By Function (Medicinal, Aroma), By Form (Powder, Syrups, Oils, Capsules & Tablets) And By Region - Europe Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)
Europe Herbal Supplements Market Overview Analysis:
Europe Herbal Supplements Market was worth USD 19.96 billion in 2021 and estimated to be growing at a CAGR of 6.0%, to reach USD 26.71 billion by 2026. Herbal Supplements are non-pharmaceutical, non-food substances that are marketed to improve health.
History suggests that plants have been used for medical treatment for many centuries and such traditional medicine is still in practice today. Herbalism is recognized as a form of alternative medicine by modern medicine as practice of herbalism is not strictly based on evidence gathered using the scientific method. Modern medicine makes use of many plant-derived compounds as the basis for evidence-based pharmaceutical drugs.
Factors like growing mental and health disorders, increasing awareness regarding diet and healthcare as well as increasing healthcare expenditure, growing demand for functional food and increasingly sedentary lifestyle are driving the market forward. Yet, high cost of raw materials stringent regulations and some side effects caused by herbal supplements are hampering the growth of market.
Europe Herbal Supplements Market Segmentation:
The Europe market for Herbal Supplements is segmented based on Source, Application, Function and Form. Based on Source – Leaves, Barks, Roots, Fruits & Vegetables. Based on Application – Pharmaceuticals, Personal Care, and Food & Beverages. Based on Functions - Medicinal, Aroma. Based on Form - Powder, Syrups, Oils, Capsules & Tablets. Based on Geographical analysis the market is separated into regions of U.K., Germany, France, Italy and Spain. U.K. is leading the market. Presence of market leaders as well increasing individual awareness regarding the health have fuelled the dominance of U.K. in the market. Germany is expected to grow the fastest due to increasing adoption rate as well as increasing consumer awareness regarding the health issues. Capsules and Tablets held the major share in the market in Form segment due to their accessibility and ease of administration. Medicinal herbal supplements hold the major share in the market in terms of functions owing to their efficacy, safety and minimal side effects. Pharmaceutical applications is expected to grow the fastest due to consumer’s reliability in quality and effectiveness of the herbal medicines.
Major Players Profiled in the Europe Herbal Supplements Market Report:
Some of the key players dominating this market include Archer Daniels Midland Company, Glanbia plc, Herbalife International of America, Inc., Blackmores, Nutraceutical International Corporation, NBTY Inc., Arizona Natural Products, Ricola, NaturaLife Asia Co., Ltd., and Bio-Botanica Inc.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Leaves
5.1.3 Barks
5.1.4 Roots
5.1.5 Fruits & Vegetables
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Source
5.1.8 Market Attractiveness Analysis, By Source
5.1.9 Market Share Analysis, By Source
5.2 Application
5.2.1 Introduction
5.2.2 Pharmaceuticals
5.2.3 Personal Care
5.2.4 Food & Beverage
5.2.5 Other Applications
5.2.6 Y-o-Y Growth Analysis, By Application
5.2.7 Market Attractiveness Analysis, By Application
5.2.8 Market Share Analysis, By Application
5.3 Function
5.3.1 Introduction
5.3.2 Medicinal
5.3.3 Aroma
5.3.4 Other Functions
5.3.5 Y-o-Y Growth Analysis, By Function
5.3.6 Market Attractiveness Analysis, By Function
5.3.7 Market Share Analysis, By Function
5.4 Form
5.4.1 Introduction
5.4.2 Powder
5.4.3 Syrups
5.4.4 Oils
5.4.5 Capsules & Tablets
5.4.6 Other Forms
5.4.7 Y-o-Y Growth Analysis, By Form
5.4.8 Market Attractiveness Analysis, By Form
5.4.9 Market Share Analysis, By Form
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Application
6.1.3.4 By Function
6.1.3.5 By Form
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Application
6.1.4.4 By Function
6.1.4.5 By Form
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Application
6.1.5.4 By Function
6.1.5.5 By Form
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Archer Daniels Midland Company
8.1.1 Overview
8.1.2 Source Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Glanbia plc
8.3 Herbalife International of America, Inc.
8.4 Blackmores
8.5 Nutraceutical International Corporation
8.6 NBTY Inc.
8.7 Arizona Natural Products
8.8 Ricola
8.9 NaturaLife Asia Co., Ltd.
8.10 Bio-Botanica Inc.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
- Europe Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- Europe Leaves Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Barks Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Roots Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Fruits & Vegetables Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Others Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- Europe Pharmaceuticals Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Personal Care Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Food & Beverages Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Other Applications Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- Europe Medicinal Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Aroma Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Other Functions Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
- Europe Powder Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Syrups Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Oils Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Capsules & Tablets Market By Region, From 2022 - 2027 ( USD Billion )
- Europe Other Forms Market By Region, From 2022 - 2027 ( USD Billion )
- U.K. Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- U.K. Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- U.K. Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- U.K. Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
- Germany Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- Germany Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- Germany Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- Germany Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
- France Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- France Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- France Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- France Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
- Italy Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- Italy Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- Italy Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- Italy Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
- Spain Herbal Supplements Market By Source, From 2022 - 2027 ( USD Billion )
- Spain Herbal Supplements Market By Application, From 2022 - 2027 ( USD Billion )
- Spain Herbal Supplements Market By Function, From 2022 - 2027 ( USD Billion )
- Spain Herbal Supplements Market By Form, From 2022 - 2027 ( USD Billion )
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