Botanical Supplements Market Size

Botanical Supplements Market size was over USD 55.22 billion in 2024 and is projected to reach USD 183.99 billion by 2037, growing at around 9.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of botanical supplements is assessed at USD 59.77 billion.

The growth of the market can be attributed to the rising awareness associated with the health benefits of herbal supplements, increasing healthcare expenditure of developed nations and growing prevalence of chronic diseases around the world. According to Centers for Medicare & Medicaid Services (CMS), the American healthcare spending rose by 4.6% in 2019. The total health budget to $3.8 billion. Increasing consumption of weight loss and energy drinks globally is also expected to boost market growth in the near future. Along with these, intensifying innovation in manufacturing supplements comprising amino acids, fish oils or detoxes is predicted to offer opportunities to the market by the end of 2029.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of botanical supplements is assessed at USD 59.77 billion.

Botanical Supplements Market size was over USD 55.22 billion in 2024 and is projected to reach USD 183.99 billion by 2037, growing at around 9.7% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to dominate majority revenue share by 2037, led by increasing awareness about foods infused with herbal extracts and growing consumption of dietary supplements in the region.

The major players in the market are Himalaya Herbal Healthcare, NOW Health Group, Inc., Amway Corp., The Bountiful Company, GNC Holdings, LLC, and others.

Botanical Supplements Market Size