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Botanical Supplements Market Analysis, Development, Growth and Demand Forecast to 2020 By P&S Market Research

 



(Medical-NewsWire.com, March 02, 2016 ) Botanical supplements works as natural alternatives for hormone replacement therapy, as plants have been used in medicinal purposes for thousands of years. The botanical supplements offer natural ways to improve prostate health, cognitive function and brain health, and connective and joint tissue health.



Explore more about global Botanical supplements market: https://www.psmarketresearch.com/market-analysis/botanical-supplements-market



Rising health-consciousness, enhanced care towards preventive healthcare and increased concern towards diet has made people to turn towards health imparting botanical supplements. Various botanical supplements producers come out with alternative therapies to relieve women from common problems such as hot flashes menopause and insomnia. Aged consumers and middle aged women are major end users of botanical supplements and therapies. Natural offerings such as detoxes and probiotic drinks, fish oils, cranberry and other herbal supplements are emerging as most widely used botanical supplements. Food supplements including multivitamins, omega-3s, chondroitin and herbal extracts had witnessed lucrative growth, as large number of consumers perceive botanical supplements products as an anti-medicinal, low-cost option for healthy and disease free life style.



Some of the major factors resulting in growth of global botanical supplements market are increasing awareness about efficient benefits of botanical supplements, no side effects of herbal supplements, and popularity of botanical supplements for maintaining health and active lifestyle among the aging population. Shift from single ingredient medicines to multiple ingredients based medicines, absence of any approval or regulation from food and drug administration (FDA) before marketing the products, further support the growth of global botanical supplements market. Whereas, growing demand for botanical products in functional food and beverage industry is laying new market opportunities for global botanical supplements market.



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Globally, Europe was the largest market for botanical supplements in 2014, followed by Asia-Pacific. Asia-Pacific is the key region for potential expansion of botanical supplements market, attributed to the rising disposable income of the middle class coupled with the long-standing tradition of botanical medicine in countries such as India, Thailand and China.



Some of the major players in global botanical supplements market include, Natures Sunshine Products Incorporated, Procter & Gamble, NaturaLife Asia Co., Ltd., Imperial Ginseng Products Ltd. , Nutraceutical International Corporation, Pharmaton Natural Health Products, International Vitamin Corp. , The Himalaya Drug Company, Arizona Natural Resources, Inc.



About P&S Market Research



P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.



With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.



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