Herbal Nutraceuticals Market , 2023 – 2032

The herbal nutraceuticals market, valued at 75.14 billion in 2022 and projected to grow at a CAGR of 7.4% over the forecast period, is largely propelled by the increasing awareness of health and wellness. With consumers increasingly seeking natural alternatives to enhance their overall well-being, there's a growing demand for herbal supplements. This trend is fueled by a preference for plant-based products, as consumers perceive them to be safer with minimal side effects, aligning well with natural lifestyles.