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Herbal Capsule Industry Outlook, Competitive Strategic Analysis, Market Size & Share, Trends & Recent Updates with Forecast, 2018 – 2032
Category: Healthcare & Pharmaceuticals
Report Code: 624
Publish Date: Apr 2023
  • Report Overview
  • Table of Content

Key Highlights

• Herbal capsules refer to nutritional products made from natural plant ingredients packaged in an easy-to-swallow format. Designed to harness the medicinal and healing properties of various herbs, plants, or plant extracts, these capsules provide an easy way for people to incorporate herbs into their health. Drink clean every day. The production of herbal medicines usually involves the extraction of active substances from herbs or herbs, which are then processed and packaged in prescription form using vegetarian or gelatin capsules. These capsules may contain a single herb or a combination of herbs that provide large amounts of beneficial phytonutrients such as vitamins, minerals, antioxidants, and phytonutrients. Herbal capsules are popular due to their convenience, effectiveness and ease of consumption. They are often used to improve overall health and well-being, address health concerns, or supplement conventional medical treatments. Herbal medicines include those derived from plants such as turmeric, ginseng, echinacea and ginger, which are known for their health benefits such as anti-inflammatory and anti-inflammatory properties. Consumers often choose herbal remedies as an alternative to medications, seeking natural remedies under the guidance of a physician to improve overall health and address health concerns.

• The market size of the worldwide Herbal Capsule Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• November 2022, Ayurveda products manufacturer Kunath Pharmaceuticals has launched an anti-inflammatory drug under the brand name 'Viromune' in India. With this announcement, the company expects to generate $266 million in revenue over the next three years.

• The increasing demand for herbal medicines is due to many important factors considering changing consumer preferences and treatment methods. First, there is greater awareness and interest in solving health and wellness problems. Consumers are turning to herbal medicines because they believe they are safer and have fewer side effects than synthetic drugs. Secondly, the increase in chronic diseases and the need for preventive health services have increased the demand for herbal capsules. Many plants contain bioactive compounds known for their health benefits, such as antioxidants, anti-inflammatory and anti-inflammatory properties. These products are very useful in solving many health problems such as stress, immunity, digestion and general health. Third, global health, combined with the popularity of alternative and complementary therapies, has increased interest in herbal supplements. People are looking for ways to improve their overall health and the inclusion of herbal medicines in their daily health routines is encouraged. Additionally, progress in research and development has led to a better understanding and production of herbal medicines to provide high-quality products and products. In addition, considering the simplicity and popularity of herbal medicines, their easy-to-use form also contributes to their position. As more and more people pay attention to prevention, herbs, and overall health, the demand for herbal medicines continues to grow, leading to the growth of the herbal medicine industry as a whole.

Scope of the Industry Profile

Key Players

• Herbalogic (UK)

• Glanbia plc (US)

• Jarrow Formulas, Inc. (US)

• Archer Daniels Midland Company (US)

• Nature’s Bounty (US)

• Herbalife International of America, Inc. (US)

• Blackmores (Australia)

• Nutraceutical International Corporation (US)

• Gaia Herbs (US)

• Jarrow Formulas, Inc. (US)


Segmentation

By Consumer Gender

• Men

• Women

By Ingredients

• Moringa

• Echinacea

• Flaxseeds

• Turmeric

• Ginseng

• Other ingredients

By Age Category

• Toddlers & Children

• Adults

• Senior Citizens

By Distribution Channel

• Store Based Retailing

• Hypermarkets/Supermarkets

• Convenience Stores

• Drug Stores and Pharmacies

• Health and Wellness Stores

• Online Retailing

By Application

• Weight Loss

• Sports Nutrition

• General Well-being

• Immune & Digestive Health

• Bone & Joint Health

• Heart Health


What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Herbal Capsule market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Herbal Capsule market.

3. Leading company profiles reveal details of key Herbal Capsule market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Herbal Capsule market with forecast for decade by both market share (%) & revenue (USD Million).


Recent Development

• March 2021, Lotus, one of India's leading beauty companies, has launched the Lotus Botanicals brand. Through this e-commerce site, customers can only order Lotus Botanicals skin care products and hair care products from Lotus Botanicals and other third-party businesses.

• In May 2019, Gaia Herbs launched two new hemp products, Hemp Full Spectrum Extract 10 mg and Hemp Full Spectrum Extract 20 mg.

• In March 2019, Martin Bauer Group acquired BI Nutraceuticals, Inc., a full-service manufacturer and supplier of plant-based ingredients in the United States.


Segment Insights

By Consumer Gender

The growing importance of health and safety solutions for youth is increasing the demand for herbal medicines among children and adolescents. Due to concerns about the side effects of synthetic chemicals, parents and caregivers are seeking alternative herbal remedies. Specially designed herbal capsules for children provide an easy and sure way to provide essential nutrients and solve children's health problems such as immunity, digestion and sleepy sleep. There is also awareness of the importance of children's overall development, including physical and mental health. Herbal teas, often containing herbs such as chamomile, elderberry, or echinacea, are known for their anti-inflammatory properties and are the best choice for supporting a child's immune system. Additionally, its ease of administration and the availability of sweets and formulas for children make it an herbal remedy for parents who want to improve their child's overall health without using conventional medicine. The demand for herbs designed for babies and children continues to grow as parents seek effective treatments for their children.

By Ingredient

The rising demand for Flaxseeds Herbal Capsules is fuelled by growing awareness of flaxseeds' numerous health benefits and their rich nutritional profile. Flaxseeds are a potent source of omega-3 fatty acids, fiber, lignans, and various essential nutrients. These capsules offer a convenient way to incorporate these nutrients into the diet without the need for consuming whole flaxseeds, which can be challenging due to their small size and hard texture. Flaxseeds are well-known for their heart-healthy properties, promoting cardiovascular health by reducing cholesterol levels and inflammation. Additionally, they are rich in antioxidants, supporting overall immune function and protecting against oxidative stress. Its fiber content helps digestion and is good for intestinal health. Additionally, flaxseed contains elements that increase estrogen and may have hormonal effects. As more and more people pay attention to natural medicine and health maintenance, the demand for flaxseed herbal capsules is also increasing. Consumers are increasingly looking for plant-based, organic and sustainable products, and flaxseed meets these criteria as well as its position in a convenient, easy-to-use form.

 

Regional Insights

The demand for herbal medicine in North America is driven primarily by the shift towards natural treatments and solutions. Consumers are increasingly concerned about their health and well-being and are looking for alternatives to conventional medicine. Herbal capsules are derived from natural herbs, usually organic, and are considered safe and effective. Additionally, the increase in chronic health problems, stress-related diseases, and lifestyle diseases has led people to look for medicinal plants known for their healing properties. Herbal capsules are convenient and provide a dosage form; This makes them a good choice for those looking for a unique and easy-to-take supplement. In addition, the importance given to preventive care and health has increased the demand for herbal medicines. People often incorporate herbs such as turmeric, echinacea, and ginseng into their daily lives to boost immunity, reduce stress, and improve overall health. The increasing number of herbal options, combined with a growing preference for organic and non-GMO products, has led to a boom in herbal medicine in North America. With increasing awareness of herbal medicine, the demand for herbal medicine in the region is expected to increase.


1.      Key Findings

2.      Introduction

2.1.   Executive Summery

2.2.   Regional Snapshot

2.3.   Market Scope

2.4.   Market Definition

3.      Across The Globe

3.1.   Factors Affecting End Use Industries

3.2.   Upcoming Opportunities

3.3.   Market Dynamics

3.3.1. Ongoing Market Trends

3.3.2. Growth Driving Factors

3.3.3. Restraining Factors

3.4.   Value Chain Analysis

3.4.1. List of Manufacturers

3.4.2. List of Distributors/Suppliers

3.5.   PORTER’s & PESTLE Analysis

3.6.   Key Developments

3.7.   Key Industry Patents

4.      Global Herbal Capsule Market Overview, By Consumer Gender

4.1.   Market Size (US$ Mn) Analysis, 2019 – 2034

4.2.   Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

4.3.   Market Absolute $ Opportunity Analysis, 2019 – 2034

4.3.1.       Men

4.3.2.      Women

5.      Global Herbal Capsule Market Overview, By Ingredients

5.1.   Market Size (US$ Mn) Analysis, 2019 – 2034

5.2.   Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

5.3.   Market Absolute $ Opportunity Analysis, 2019 – 2034

5.3.1.           Moringa

5.3.2.          Echinacea

5.3.3.          Flaxseeds

5.3.4.          Turmeric

5.3.5.          Ginseng

5.3.6.          Other ingredients

6.      Global Herbal Capsule Market Overview, By Age Category

6.1.   Market Size (US$ Mn) Analysis, 2019 – 2034

6.2.   Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

6.3.   Market Absolute $ Opportunity Analysis, 2019 – 2034

6.3.1.           Toddlers & Children

6.3.2.          Adults

6.3.3.          Senior Citizens

7.      Global Herbal Capsule Market Overview, By Distribution Channel

7.1.   Market Size (US$ Mn) Analysis, 2019 – 2034

7.2.   Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

7.3.   Market Absolute $ Opportunity Analysis, 2019 – 2034

7.3.1.           Store Based Retailing

7.3.2.          Hypermarkets/Supermarkets

7.3.3.          Convenience Stores

7.3.4.          Drug Stores and Pharmacies

7.3.5.          Health and Wellness Stores

7.3.6.          Online Retailing

8.      Global Herbal Capsule Market Overview, By Application

8.1.   Market Size (US$ Mn) Analysis, 2019 – 2034

8.2.   Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

8.3.   Market Absolute $ Opportunity Analysis, 2019 – 2034

8.3.1.           Weight Loss

8.3.2.          Sports Nutrition

8.3.3.          General Well-being

8.3.4.          Immune & Digestive Health

8.3.5.          Bone & Joint Health

8.3.6.          Heart Health

9.      Global Herbal Capsule Market Overview, By Region

9.1.         Market Size (US$ Mn) Analysis, 2019 – 2034

9.2.         Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

9.3.         Market Absolute $ Opportunity Analysis, 2019 – 2034

9.3.1.          North America

9.3.2.          Europe

9.3.3.          Asia Pacific

9.3.4.          Middle East & Africa

9.3.5.          South America

10.  North America Herbal Capsule Market Overview

10.1.      Market Size (US$ Mn) Analysis, 2019 – 2034

10.2.      Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

10.3.      Market Absolute $ Opportunity Analysis, 2019 – 2034

10.3.1.   By Country

10.3.1.1.         U.S.

10.3.1.2.         Canada

10.3.1.3.         Mexico

10.3.2.       By Consumer Gender

10.3.3.       By Ingredients

10.3.4.       By Age Category

10.3.5.       By Distribution Channel

10.3.6.       By Application

11.  Europe Herbal Capsule Market Overview

11.1.      Market Size (US$ Mn) Analysis, 2019 – 2034

11.2.      Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

11.3.      Market Absolute $ Opportunity Analysis, 2019 – 2034

11.3.1.   By Country

11.3.1.1.         UK

11.3.1.2.         Italy

11.3.1.3.         Spain

11.3.1.4.         Germany

11.3.1.5.         France

11.3.1.6.         Rest of Europe

11.3.2.       By Consumer Gender

11.3.3.       By Ingredients

11.3.4.       By Age Category

11.3.5.       By Distribution Channel

11.3.6.       By Application

12.  Asia Pacific Herbal Capsule Market Overview

12.1.      Market Size (US$ Mn) Analysis, 2019 – 2034

12.2.      Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

12.3.      Market Absolute $ Opportunity Analysis, 2019 – 2034

12.3.1.   By Country

12.3.1.1.         China

12.3.1.2.         Japan

12.3.1.3.         India

12.3.1.4.         South Korea

12.3.1.5.         Rest of Asia Pacific

12.3.2.       By Consumer Gender

12.3.3.       By Ingredients

12.3.4.       By Age Category

12.3.5.       By Distribution Channel

12.3.6.       By Application

13.  Middle East & Africa Herbal Capsule Market Overview

13.1.      Market Size (US$ Mn) Analysis, 2019 – 2034

13.2.      Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

13.3.      Market Absolute $ Opportunity Analysis, 2019 – 2034

13.3.1.   By Country

13.3.1.1.         GCC

13.3.1.2.         South Africa

13.3.1.3.         Rest of Middle East & Africa

13.3.2.       By Consumer Gender

13.3.3.       By Ingredients

13.3.4.       By Age Category

13.3.5.       By Distribution Channel

13.3.6.       By Application

14.  South America Herbal Capsule Market Overview

14.1.      Market Size (US$ Mn) Analysis, 2019 – 2034

14.2.      Market Share (%) Analysis (2023 vs 204), Y-o-Y Growth (%) Analysis (2023-2034) & Market Attractiveness Analysis (2024-2034)

14.3.      Market Absolute $ Opportunity Analysis, 2019 – 2034

14.3.1.   By Country

14.3.1.1.         Brazil

14.3.1.2.         Argentina

14.3.1.3.         Rest of South America

14.3.2.   By Consumer Gender

14.3.3.   By Ingredients

14.3.4.   By Age Category

14.3.5.   By Distribution Channel

14.3.6.   By Application

15.  Country Wise Market Analysis

15.1.  Growth Comparison By Key Countries

16.  Competitive Landscape

16.1.  Market Share (%) Analysis, By Top Players

16.2.  Maret Structure Analysis, By Tier I & II Companies

17.  Company Profiles

17.1.  Herbalogic (UK)

17.1.1.   Company Overview

17.1.2.   Business Segments

17.1.3.   Financial Insights

17.1.4.   Key Business Aspects (Noise Analysis)

17.2.      Glanbia plc (US)

17.3.      Jarrow Formulas, Inc. (US)

17.4.      Archer Daniels Midland Company (US)

17.5.      Nature’s Bounty (US)

17.6.      Herbalife International of America, Inc. (US)

17.7.      Blackmores (Australia)

17.8.      Nutraceutical International Corporation (US)

17.9.      Gaia Herbs (US)

17.10.  Jarrow Formulas, Inc. (US)

18.  Analysis & Recommendations

18.1.  Targeting Segment

18.2.  Targeting Region

18.3.  Market Approach

19.  Research Methodology

20.  Disclaimer

 

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