Herbal Nutraceuticals Market , 2023 – 2032

With a valuation of $75.14 billion in 2022 and projected growth at a CAGR of 7.4% over the forecast period, the herbal nutraceuticals market is driven by an increasing awareness of health and wellness. Consumers are increasingly opting for natural alternatives to support their overall well-being, propelling the demand for herbal supplements. This surge is fueled by a growing preference for plant-based products, as consumers perceive them to be safer with minimal side effects and in harmony with natural lifestyles.