Quest for Health and Wellness to Drive the Botanical Supplements Market
As per a report available on XploreMR, the botanical supplements market is expected to witness a staggering CAGR in between 2020 and 2030. Growing inclination of consumers towards natural foods, awareness pertaining to preventive healthcare, and growing spending on wellness and health are the factors bolstering the botanical supplements market. Also, rising geriatric population calls for harmless intake. This, coupled with increasing number chronic disorders is driving the market for botanical supplements.
The United Nations states that geriatric population would reach around 2.1 Bn in 2050 (from 962 Mn in the year 2017). As the number of comorbidities are directly proportional to aging, the demand for botanical supplements is bound to increase.
Also, National Consumer Survey on the Medication Experience and Pharmacist Role (NCSME-PR) had conducted a survey in the year 2015, wherein it concluded that people suffering from chronic conditions are more drawn towards consumption of botanical supplements. This factor is also likelt of boosting the market in the years to come.
XploreMR presents a comprehensive and insightful report on the global botanical supplements market titled ‘Botanical Supplements Market: Global Industry Analysis and Forecast, 2017–2025’. The report begins with an executive summary that presents the important market numbers related to the global botanical supplements market such as the market values for the year 2017 and 2025 and the most attractive segment, region and demographic group in this market.
The executive summary also gives a concise list of drivers, restraints and trends operating in the global botanical supplements market, which are dealt in detail in another exclusive section of this report. The executive summary also has a list of prominent players operating in the botanical supplements market. In another part of the executive summary, the global botanical supplements market share for the year 2016 by application, by region and by demography are stated. There is also a concise and yet informative XploreMR analysis on the overall market approach of the leading players operating in the global botanical supplements market and information is also given on the target application and the target region that are most lucrative in this market.
The differentiating strategies of the leading market players are also mentioned here. At the end of the executive summary, there is a diagrammatic representation of the various stages of the global botanical supplements market – the introduction stage, growth stage, maturity stage and stagnancy stage. After the executive summary, there is a section on the market introduction that gives a detailed market taxonomy of the global botanical supplements market.
Global Market Study on Botanical Supplements: Drugs Application Segment to Hold Maximum Value Share During 2017 - 2025Buy Now
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