Have you ever visited an grocery store for health foods and thought, “Just how popular are these herbal supplements?” It’s possible that the answer will be a surprise to you. The sales of herbal supplements have exploded in the last decade which makes it one of the fastest growing sectors in the U.S. Let’s take a look at some natural supplement facts that will surprise you!
How Much Is The Herbal Supplement Industry Worth?
The worth in this herbal supplement business has risen exponentially, with an estimated worth of 70 billion USD in 2020. There is a shocking prediction that it could grow the 124-billion dollar mark in 2028.
This is equivalent to an annual growth rate of 6.5 percent from 2021 until 2028. This highlights the growing demand and popularity for these items because of their claimed health benefits.
A growing number of people are realizing the impact that natural supplements have for their overall health and accelerating the growth of this sector to the next level.
But, are they secure? Answer: yes…and not. It’s complicated! We’ll take an in-depth look at interesting statistics about the industry of herbal supplements so that you can determine for yourself if supplements with herbs is suitable for you.
Herbal Supplement Industry Statistics – Highlights
- Over one-third of Americans consume some kind of supplementation, and many are herbal.
- Although many herbal supplements are safe for use in general with no adverse effects, since some, such as St. John’s wort, have been known to make certain medications less effective.
- The consumers in the US have spent $1.659 milliards more in herbal products in 2020 than they did in 2019.
- Elderberry was the most-sold nutritional supplement in 2020 with people spending $275,544,691 for elderberry supplements in the year 2020.
- 72 percent of American consumers are confident in herbal supplements.
A greater than one-third Americans use a supplementation, many of which are herbal.
Herbal medicine has seen a rapid rise in popularity through these years. There are millions of Americans today enthralled by the concept of resolving their own ailments with nothing but natural ingredients.
The public is increasingly willing to supplement their diet consumption and lifestyle with herbs believed to offer both mental and physical health advantages.
Around 30% of people older than 65 consume at least four natural supplements.
It is evident that many older adults are seeking healthier and safer ways to enhance their health and complement the traditional treatment options. The use of natural herbs is an appealing option for those who seek additional health benefits without putting themselves at risk for the potential severe adverse effects of modern drugs.
One of the most popular herbal supplements that are used by American adults are echinacea garlic, ginseng, cranberry and Ginkgo biloba.
The usage of herbal supplements is a common choice for many American people who want to improve their overall health. From immune-supporting echinacea , to Ginkgo biloba to protect the brain, these five herbs are among the most popular natural cures over the decades.
Cranberry assists in supporting the urinary tract and helps support kidney health. Garlic contains antioxidant properties that help boost digestion and immunity. Ginseng is believed to provide the ability to boost energy levels and reduce stress and ginkgo biloba has been found to aid in cognitive processes like memory and concentration.
While most herbal remedies are safe to use for all purposes, they can be used with little or no side effects because some, such as St. John’s wort, are known to render certain medications less effective.
Herbal supplements are typically viewed as natural and alternative remedies for various illnesses. While these supplements might appear secure because of their natural origins but it is essential to recognize that the labels on herbal products might not always be correct or accurately reflect all potential benefits of the product.
This is illustrated through St. John’s Wort, that has been proven to reduce the effectiveness of certain medicines when they are taken in conjunction with. It is crucial to keep in mind this advice and all other recommendations on the label of a supplement and consult a medical professional prior to beginning any treatment using a herbal product.
The direct retail sales for herbal products grew by 24% in the year 2020 alone more than double the growth rate it experienced in the previous years.
2020 was a significant year that was a significant year for supplements made from herbs. The direct the sales for these herbal remedies grew by 24%, nearly two times the growth rate of the previous years. This shift in behaviour can be attributed to the increasing awareness of the physical and psychological advantages of supplementing with herbal remedies, especially due to the COVID-19 epidemic.
People are more likely to choose natural supplements as a natural healthful option in order to improve their overall health. As health-related trends are shifting towards using herbs instead of conventional over-the-counter medicines, it’s not surprising that sales of direct products have increased dramatically as more and increasing numbers of people take a proactive approach to improving their overall health.
The consumers in the US have spent $1.659 milliards more in herbal remedies in 2020 than the year.
The ease of use in the availability and affordability of herbs has resulted in an increase in interest from consumers in this field of medicine.
Although herbs have been utilized throughout history as natural treatments however, the advancement of technology has created the opportunity for those looking to purchase these medicines which has led to a significant growth in the market for herbal supplements.
Many people’s desire to relieve their pain without the necessity of prescription medications is one of the primary reasons for sales increasing the number of customers are turning to herbal supplements as an alternative form of treatment.
80percent of the population worldwide relies on herbal medicines and supplements as a part of their primary healthcare.
It is obvious that herbal medicines and supplements are one of the primary types of primary healthcare available throughout the world.
Herbal medicines have been utilized for many thousands of years, and it is an integral part of traditional healing across the globe. Even in areas in the West where pharmaceutical drugs reign in the roost, more and patients are turning to herbal cures and supplements to maintain their health and are receiving more acceptance from medical professionals in the mainstream.
Elderberry was the most popular diet supplement in 2020, with people spending $275,544,691 for elderberry supplements in the year 2020.
With the numerous health advantages that elderberry has to provide, it’s not surprising that this natural food supplement was among the top-selling items of 2020. They are naturally rich in antioxidants. This means they aid in maintaining the immune system in a healthy way and even aid in reducing inflammation.
It is a very popular option for cold winter months, too because it can be utilized for treating symptoms caused by common flu and cold. Additionally, elderberries are also loaded with other vitamins, including Vitamins B6, A C, K, and A.
72 percent of American consumers are confident in natural supplements.
While it is important to exercise care when using any kind of supplement, the growing amount of evidence that supports their efficacy is positive. Herbal medicine can be used to aid in bodily functions, or treat various ailments and contains a range of plant-based ingredients.
Because different herbal extracts have distinct amounts of active ingredients It is important to know the possible side effects and interactions prior to using any supplements. With more knowledge and research into the benefits offered by herbal supplements, trust among the masses has only increased.
Immune health is the most common reason or second-to-most-common reason (depending on age group surveyed) for taking herbal supplements in 2020.
While clinically-tested pharmaceutical drugs dominate the medical market and are the most popular, herbal remedies that have been pre-made have been gaining popularity because of the apparent advantages of natural ingredients and the desire for better prevention that is holistic and for overall wellbeing.
This shift is a sign of people’s determination to manage their health and hope that supplements will provide protection while we traverse this new era.
In the millions of Americans who use herbal supplements, just about three-quarters of them tell their doctors they’re doing it.
Many Americans are now aware that herbal supplements can be an effective option to improve their health, but an alarming amount of them do not inform their doctors about it.
It is essential for people to be aware of the fact the difference between complementary and alternative medical (CAM) therapies and treatments are employed alongside standard medicines It is essential that doctors are aware of the potential adverse consequences or interrelations can be prevented.
In this way it is the responsibility of everyone to be sure they know about the treatment they’re using to maintain their health and to avoid any potential risky reactions. The lesson here is simple to inform your doctor for herbal supplements!
In China herbs used in medicine is 40 percent of all healthcare.
This quotation is an example of the efficacy that traditional medicines have in China. For thousands of years, Chinese citizens have used botanicals and herbs in their treatments for ailments which continues to be used into the contemporary era.
This dependence on nature is a reflection of the Chinese people’s dedication to the old holistic system of health care that includes herbal remedies playing an essential role in many treatment options that have been successful. It reminds us of the fact that traditional methods still have a lot of value even in the present.
Ashwagandha which is a herb known to relieve stress was another herb that was the top seller in 2020, and sales increased by 185.2 percent.
A root that is an adaptogen native to India, Ashwagandha can help the body naturally deal with and reduce mental and physical stress that is a result of our daily life. The increased demand for ashwagandha is in line with the desire for additional methods to improve physical and mental health throughout the year of stress.
Between 40 to 60% of American people suffering from chronic illnesses consume diet supplements, and 20 to 25% of them taking them in conjunction with prescription medicines.
That means that more than 50% of people are taking any form of diet therapy. This is alarming because the dietary supplements aren’t regulated. Their efficacy and safety cannot be ensured.
Additionally, there is the potential for serious health issues when taking supplements alongside prescription medications because of the interaction of drugs or overdoses. It is recommended to only supplement your diet after consulting with a physician or other health expert.
Mainstream ACV supplements, which were advertised as having benefits for cleansing as well as detox (as well as for other beneficial benefits for digestion) were among the highest overall sales growth in the year 2020.
According to some customers the products they purchased helped them to cleanse and detoxify their bodies as well as improve digestion general.
Although there aren’t any studies conducted by a major scientific institution to confirm this claim but, many people are raving about the benefits of these supplements, that could be the reason for their growth in 2020.
Some of the herbal supplements that showed declines in growth in 2020 was garcinia, Ivy leaf, and CBD
Despite the continuing epidemic, 2020 was an important year for wellness and health products. It is interesting to note that there were herbs whose popularity was shown to be impacted negatively.
Studies conducted towards the last quarter of the year revealed the sales of garcinia have decreased as well as ivy leaf and CBD. Some believe that this is due people are focusing more on immunization as well as overall general health maintenance due to the virus.
The herbal supplements that have the highest chance of interactions with other drugs are Goldenseal as well as St. John’s
Being aware of the possible interactions of herbal supplements is a crucial step you can take to ensure you make the right decision in your own health. Goldenseal along with St. John’s wort are two of the herbal supplements that have been identified for their potential serious drug interactions.
Both of these options could be incompatible with prescribed medication which could have unintended effects and potentially long-term health effects. In some instances, these symptoms are so severe that they require medical attention.
When you are considering adding a nutritional supplement to your daily routine talking about the supplement with a physician is essential to avoid harmful reactions that can occur between medicines and natural remedies.
In an 2020 FDA review of 147 products claimed to contain CBD, a popular herbal supplement, the majority contained amounts of CBD which did not correspond to the descriptions of the products.
This quotation highlights an alarming problem in the industry of health supplements Many products aren’t meeting their promises. This is evident in the 2020 FDA study of 147 items claimed to contain CBD which is a well-known herbal supplement.
The results showed that nearly all supplements tested contain levels of CBD that were lower than what was stated on the label. This is unacceptable and could lead to serious health issues when consumers are able to trust the product and trust the information on their packaging without hesitation.
It’s essential that everyone know about this problem so they are more aware and hopefully secure themselves from inferior products and potential health hazards.
Final Thoughts
Herbal supplements are definitely staying around as demonstrated by these figures that show incredible expansion across various categories of the industry in recent years.
In the event that you’re trying for ways to boost your health overall, or to alleviate specific mental or physical illnesses it’s clear that exploring natural options such as nutritional supplements or herbs can be beneficial. So why not consult your doctor about whether taking herbal supplements might be appropriate for you?
