The Botanical Supplements Market is estimated to reach a market size worth US$39.767 billion by 2027

DALLAS - Jan. 9, 2023 - PRLog -- Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "Botanical Supplements Market - which is forecasted from 2020 to 2027".

The prime factor driving the growth of the botanical supplements market is the growing focus of the general population on fitness and health, especially since the COVID-19 pandemic, which is expected to increase the demand for these supplements.

Botanical supplements serve as a very good option to be added to the diet since they offer a plethora of health benefits, thus, increasing demand. Further, with this increase in demand, there are numerous producers around the globe that are entering the market in order to meet the supply and mitigate the cost by generating volumes, thus providing promising growth in the market.

Browse Full the Report on Botanical Supplements Market: https://www.knowledge-sourcing.com/report/botanical-supplements-market

Based on the source, the botanical supplements market is divided into leaves, herbs, flowers, roots, and others. Herbs are expected to hold the majority market share due to the consideration of first-hand disease prevention and the numerous health benefits.

Based on product form, the botanical supplements market provides a plethora of forms like powders, liquids, tablets, and others.

Based on distribution channels, the botanical supplements are segmented into online, and offline. Further, Offline is segmented into supermarkets/hypermarkets, and pharmacies/drug stores. Online channels are expected to grow at a promising rate due to the rising internet population across the world and the penetration of e-commerce especially in developing economies.

Based on application, the botanical supplements market caters to pharmaceuticals, food and beverage, personal care, and others. Their application in the food and beverage sector is expected to grow at a significant rate due to the increasing market size of the food and beverage industry.

Based on geography segmentation, the botanical supplements market is segmented into North America, Europe, South America, the Middle East and Africa, and Asia Pacific regions. China is expected to emerge at the top as the largest producer of these supplements owing to the manufacturing advancements in the country.

As a part of the report, the major players operating in the Botanical Supplements market have been covered. The key players of Botanical Supplements include Gaia Herbs, Bio-Botanica Inc. (https://www.bio-botanica.com/), Nature's Bounty Co., Dabur, Blue Sky Botanics, Ransom Naturals Ltd, Prinova Group, NOW Foods, Amway Corporation, Ricola AG.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/botanical-supplements-market