Botanicals Market is driven by increasing popularity of herbal remedies
Botanicals refer to plants or plant extracts which are used for therapeutic purposes and medicinal applications. Botanicals contain active compounds and phytochemicals that may help improve health and reduce disease risk. Common botanicals include turmeric, ginger, garlic, green tea, red clover, Echinacea and St. John's wort. These plant-based remedies are gaining widespread acceptance due to their perceived safety, natural origins and effectiveness in treating minor health issues.
The global botanicals market is growing rapidly due to rising preference for natural ingredients and alternatives to pharmaceutical drugs. Many botanicals promote overall wellness, immunity, digestion and skincare when consumed regularly. Conditions like cold, flu, indigestion and minor pains which do not require prescription medications are often self-treated with botanical formulations. Furthermore, botanical supplements support optimal body functioning and prevent age-related decline.
The Global Botanicals Market is estimated to be valued at USD 112.31 Billion in 2024 and is expected to reach USD 174.10 Billion by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Botanicals Market -https://www.coherentmi.com/ind....ustry-reports/botani
