The North America Herbal Dietary Supplement Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Herbal Dietary Supplement Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,711.8 Million by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2024 - 2031).
The market is dynamic and continuously evolving, driven by changing consumer preferences, technological advancements, regulatory developments, and scientific research. Consumers are increasingly demanding transparency in product labelling and sourcing.
Moreover, therefore prefer products with minimal additives, allergens, and artificial ingredients. Brands emphasizing transparency in ingredient origins, manufacturing practices, and sustainability efforts gain consumer trust.
Herbal dietary supplements market in Canada has diversified to include various formulations tailored to address specific health concerns associated with chronic diseases. Products incorporate botanical extracts, vitamins, minerals, and herbal blends known for their therapeutic properties and efficacy in managing symptoms related to chronic conditions.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
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)
North America Herbal Dietary Supplement Market Report Segmentation
By End User
- Home Use
- Clinics
- Hospitals
By Product Type
- Tablets & Capsules
- Powders
- Shakes
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Herbal Dietary Supplement Market, by End User
1.4.2 North America Herbal Dietary Supplement Market, by Product Type
1.4.3 North America Herbal Dietary Supplement Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Herbal Dietary Supplement Market, by End User
4.1 North America Home Use Market, by Country
4.2 North America Clinics Market, by Country
4.3 North America Hospitals Market, by Country
Chapter 5. North America Herbal Dietary Supplement Market, by Product Type
5.1 North America Tablets & Capsules Market, by Country
5.2 North America Powders Market, by Country
5.3 North America Shakes Market, by Country
5.4 North America Others Market, by Country
Chapter 6. North America Herbal Dietary Supplement Market, by Country
6.1 US Herbal Dietary Supplement Market
6.1.1 US Herbal Dietary Supplement Market, by End User
6.1.2 US Herbal Dietary Supplement Market, by Product Type
6.2 Canada Herbal Dietary Supplement Market
6.2.1 Canada Herbal Dietary Supplement Market, by End User
6.2.2 Canada Herbal Dietary Supplement Market, by Product Type
6.3 Mexico Herbal Dietary Supplement Market
6.3.1 Mexico Herbal Dietary Supplement Market, by End User
6.3.2 Mexico Herbal Dietary Supplement Market, by Product Type
6.4 Rest of North America Herbal Dietary Supplement Market
6.4.1 Rest of North America Herbal Dietary Supplement Market, by End User
6.4.2 Rest of North America Herbal Dietary Supplement Market, by Product Type
Chapter 7. Company Profiles
7.1 Amway Corporation
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Partnerships, Collaborations, and Agreements:
7.1.2.2 Product Launches and Product Expansions:
7.1.3 SWOT Analysis
7.2 Jarrow Formulas, Inc.
7.2.1 Company Overview
7.3 Nature's Sunshine Products, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Herbalife International, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Product Launches and Product Expansions:
7.5 Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.5.2.2 Acquisition and Mergers:
7.5.3 SWOT Analysis
7.6 Pure Essence Labs
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 GNC Holdings, LLC (Harbin Pharmaceutical Group)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental & Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Geographical Expansions:
7.8.6 SWOT Analysis
7.9 The Clorox Company (Renew Life Formulas, LLC.)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Swanson Health Products, Inc. (Swander Pace Capital)
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 North America Herbal Dietary Supplement Market, 2020 - 2023, USD Million
TABLE 2 North America Herbal Dietary Supplement Market, 2024 - 2031, USD Million
TABLE 3 North America Herbal Dietary Supplement Market, by End User, 2020 - 2023, USD Million
TABLE 4 North America Herbal Dietary Supplement Market, by End User, 2024 - 2031, USD Million
TABLE 5 North America Home Use Market, by Country, 2020 - 2023, USD Million
TABLE 6 North America Home Use Market, by Country, 2024 - 2031, USD Million
TABLE 7 North America Clinics Market, by Country, 2020 - 2023, USD Million
TABLE 8 North America Clinics Market, by Country, 2024 - 2031, USD Million
TABLE 9 North America Hospitals Market, by Country, 2020 - 2023, USD Million
TABLE 10 North America Hospitals Market, by Country, 2024 - 2031, USD Million
TABLE 11 North America Herbal Dietary Supplement Market, by Product Type, 2020 - 2023, USD Million
TABLE 12 North America Herbal Dietary Supplement Market, by Product Type, 2024 - 2031, USD Million
TABLE 13 North America Tablets & Capsules Market, by Country, 2020 - 2023, USD Million
TABLE 14 North America Tablets & Capsules Market, by Country, 2024 - 2031, USD Million
TABLE 15 North America Powders Market, by Country, 2020 - 2023, USD Million
TABLE 16 North America Powders Market, by Country, 2024 - 2031, USD Million
TABLE 17 North America Shakes Market, by Country, 2020 - 2023, USD Million
TABLE 18 North America Shakes Market, by Country, 2024 - 2031, USD Million
TABLE 19 North America Others Market, by Country, 2020 - 2023, USD Million
TABLE 20 North America Others Market, by Country, 2024 - 2031, USD Million
TABLE 21 North America Herbal Dietary Supplement Market, by Country, 2020 - 2023, USD Million
TABLE 22 North America Herbal Dietary Supplement Market, by Country, 2024 - 2031, USD Million
TABLE 23 US Herbal Dietary Supplement Market, 2020 - 2023, USD Million
TABLE 24 US Herbal Dietary Supplement Market, 2024 - 2031, USD Million
TABLE 25 US Herbal Dietary Supplement Market, by End User, 2020 - 2023, USD Million
TABLE 26 US Herbal Dietary Supplement Market, by End User, 2024 - 2031, USD Million
TABLE 27 US Herbal Dietary Supplement Market, by Product Type, 2020 - 2023, USD Million
TABLE 28 US Herbal Dietary Supplement Market, by Product Type, 2024 - 2031, USD Million
TABLE 29 Canada Herbal Dietary Supplement Market, 2020 - 2023, USD Million
TABLE 30 Canada Herbal Dietary Supplement Market, 2024 - 2031, USD Million
TABLE 31 Canada Herbal Dietary Supplement Market, by End User, 2020 - 2023, USD Million
TABLE 32 Canada Herbal Dietary Supplement Market, by End User, 2024 - 2031, USD Million
TABLE 33 Canada Herbal Dietary Supplement Market, by Product Type, 2020 - 2023, USD Million
TABLE 34 Canada Herbal Dietary Supplement Market, by Product Type, 2024 - 2031, USD Million
TABLE 35 Mexico Herbal Dietary Supplement Market, 2020 - 2023, USD Million
TABLE 36 Mexico Herbal Dietary Supplement Market, 2024 - 2031, USD Million
TABLE 37 Mexico Herbal Dietary Supplement Market, by End User, 2020 - 2023, USD Million
TABLE 38 Mexico Herbal Dietary Supplement Market, by End User, 2024 - 2031, USD Million
TABLE 39 Mexico Herbal Dietary Supplement Market, by Product Type, 2020 - 2023, USD Million
TABLE 40 Mexico Herbal Dietary Supplement Market, by Product Type, 2024 - 2031, USD Million
TABLE 41 Rest of North America Herbal Dietary Supplement Market, 2020 - 2023, USD Million
TABLE 42 Rest of North America Herbal Dietary Supplement Market, 2024 - 2031, USD Million
TABLE 43 Rest of North America Herbal Dietary Supplement Market, by End User, 2020 - 2023, USD Million
TABLE 44 Rest of North America Herbal Dietary Supplement Market, by End User, 2024 - 2031, USD Million
TABLE 45 Rest of North America Herbal Dietary Supplement Market, by Product Type, 2020 - 2023, USD Million
TABLE 46 Rest of North America Herbal Dietary Supplement Market, by Product Type, 2024 - 2031, USD Million
TABLE 47 Key Information - Amway Corporation
TABLE 48 key information – Jarrow Formulas, Inc.
TABLE 49 Key Information – Nature's Sunshine Products, Inc.
TABLE 50 Key information – Herbalife International, Inc.
TABLE 51 Key Information – Nature's Way Products LLC
TABLE 52 Key Information – Pure Essence Labs
TABLE 53 Key Information – GNC Holdings, LLC
TABLE 54 Key Information – Pharmavite LLC
TABLE 55 Key Information – The Clorox Company
TABLE 56 Key Information – Swanson Health Products, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Herbal Dietary Supplement Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Herbal Dietary Supplement Market
FIG 4 Porter’s Five Forces Analysis – Herbal Dietary Supplement Market
FIG 5 North America Herbal Dietary Supplement Market share, by End User, 2023
FIG 6 North America Herbal Dietary Supplement Market share, by End User, 2031
FIG 7 North America Herbal Dietary Supplement Market, by End User, 2020 - 2031, USD Million
FIG 8 North America Herbal Dietary Supplement Market share, by Product Type, 2023
FIG 9 North America Herbal Dietary Supplement Market share, by Product Type, 2031
FIG 10 North America Herbal Dietary Supplement Market, by Product Type, 2020 - 2031, USD Million
FIG 11 North America Herbal Dietary Supplement Market share, by Country, 2023
FIG 12 North America Herbal Dietary Supplement Market share, by Country, 2031
FIG 13 North America Herbal Dietary Supplement Market, by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Amway Corporation
FIG 15 SWOT Analysis: Jarrow Formulas, Inc.
FIG 16 SWOT analysis: Nature's Sunshine Products, Inc.
FIG 17 SWOT Analysis: Nature's Way Products, LLC
FIG 18 SWOT analysis: Pure Essence Labs
FIG 19 Swot Analysis: Pharmavite LLC
FIG 20 SWOT analysis: The Clorox Company
FIG 21 Swot Analysis: Swanson Health Products, Inc.