LAMEA 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 Latin America, Middle East and Africa Herbal Dietary Supplement Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Herbal Dietary Supplement Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $351.7 Million by 2031. The Argentina market is registering a CAGR of 10.2% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.6% during (2024 - 2031).

Ingredients like licorice root, marshmallow root, and ivy leaf are used in herbal remedies to relieve coughs, soothe sore throats, and support respiratory function. Herbs such as eucalyptus and peppermint are used in steam inhalations or nasal sprays to alleviate nasal congestion and sinusitis symptoms.

Additionally, milk thistle and dandelion root are popular herbs that support liver detoxification, promote bile production, and aid in liver function. Schisandra berry and turmeric are utilized for their antioxidant properties, which safeguard liver cells against oxidative damage.

Brazil’s aging population increasingly prioritizes health and wellness, driving demand for products supporting active and healthy aging. These are considered natural alternatives to conventional medicine, promoting preventive healthcare and addressing age-related health concerns such as cognitive function, joint health, and cardiovascular support.

Free Valuable Insights: The Worldwide Herbal Dietary Supplement Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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)

LAMEA Herbal Dietary Supplement Market Report Segmentation

By End User

• Home Use
• Clinics
• Hospitals

By Product Type

• Tablets & Capsules
• Powders
• Shakes
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA