Botanical Supplement Market Is Anticipated To Grow At A Cagr Of 7%-8% During 2020-2025

By Author: Lucintel LLC
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The botanical supplement market is projected to grow at a CAGR of 7%-8% during 2020-2025. The growth of botanical supplement market is driven are increasing lifestyle diseases, adverse effect of synthetically derived nutraceuticals, and rising awareness among consumers regarding the health benefits associated with consumption of botanical supplements.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the botanical supplement market by application (Sports Nutrition, Medicinal & Infant Nutrition, and Additional Supplements), by product type (Capsules & Tablets, Powder, and Liquid), by source (Leaves, Barks, Fruits & Vegetables, and Roots), by region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the botanical supplement market?
Q.4 What are some changing demands of customers in the botanical supplement market?
Q.5 What are the new developments in the botanical supplement market? ...
... Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this botanical supplement area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this botanical supplement market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing R&D spending and high product innovation.
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Market Segmentation:
Based on application, the botanical supplement market is segmented into sports nutrition, medicinal & infant nutrition, and additional supplements. The sports nutrition segment accounted for the largest share of the market in 2020 due to the growing demand for botanical supplements among sports persons.
Europe is expected to be the largest region largest region during the forecast period due to increasing awareness about the consumption of nutritional products which is expected to drive the growth of botanical supplements in the region.
Key Players in the botanical supplement market are Glanbia Nutritionals Inc., MusclePharm, and Nature’s Bounty Co. (NBTY), Archer Daniels Midland Company, Botanicalife International of America, Arizona Natural Products, Naturalife Asia Co. Ltd., and Blackmores Limited.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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