Asia Pacific Herbal Dietary Supplement Market Size, Share & Trends Analysis Report By End User (Home Use, Clinics, and Hospitals), By Product Type (Tablets & Capsules, Powders, Shakes, and Others), By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The Asia Pacific Herbal Dietary Supplement Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Herbal Dietary Supplement Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,295.8 Million by 2031. The Japan market is showcasing a CAGR of 7.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 8.3% during (2024 - 2031).

These products are derived from plants or plant extracts that are consumed to supplement the diet. These supplements typically come in various forms, such as capsules, tablets, powders, extracts, teas, and liquids.

Additionally, these are utilized for a wide range of applications, driven by their perceived health benefits and the desire for natural alternatives to conventional medicines. Numerous herbal supplements are incorporated into multivitamin formulations to promote overall health and address nutritional deficiencies.

With China's aging population, there is a rising awareness and increasing demand for products to enhance health, longevity, and overall quality of life for older adults. These are increasingly sought for their potential to support immune function, cognitive health, joint mobility, and overall vitality in aging individuals. According to the State Council of the People’s Republic of China, Chinese citizens aged 60 or older comprise 18.7 percent of the nation’s total population, an increase of 5.44 percentage points since the last census conducted in 2010.

Free Valuable Insights: The Global Herbal Dietary Supplement Market is Predict to reach USD 18.3 Billion by 2031, at a CAGR of 6.9%

Based on End User, the market is segmented into Home Use, Clinics, and Hospitals. Based on Product Type, the market is segmented into Tablets & Capsules, Powders, Shakes, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Amway Corporation
• Jarrow Formulas, Inc.
• Nature's Sunshine Products, Inc.
• Herbalife International, Inc.
• Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
• Pure Essence Labs
• GNC Holdings, LLC (Harbin Pharmaceutical Group)
• Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
• Renew Life Formulas, LLC. (The Clorox Company)
• Swanson Health Products, Inc. (Swander Pace Capital)

Asia Pacific Herbal Dietary Supplement Market Report Segmentation

By End User

• Home Use
• Clinics
• Hospitals

By Product Type

• Tablets & Capsules
• Powders
• Shakes
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific