Herbal Supplements Market - Forecast(2020 - 2025)
Herbal Supplements Market Overview: According to the World Health Organization (WHO), an estimated 250 million preschool children suffer from vitamin A deficiency, and a significant proportion of pregnant women are Vitamin A deficient. Furthermore, the organization estimates that approx. 250,000 to 500,000 children lose their eyesight due to the deficiency of vitamin A every year. [1] Similarly, diseases such as rickets, beriberi, hypocalcemia, osteomalacia, pellagra, and many more are the result of nutritional deficiency. The growing concerns related to nutritional deficiency and associated diseases is leading to opportunities in the herbal supplements market that observed a valuation of $59.35 billion as of 2018. Moreover, the market is poised to grow with a CAGR of 9.90% during the forecast period of 2019 to 2025. The European Food Safety Authority (EFSA) has enforced rules to control the usage of nutrients other than vitamins and minerals that have potential healt...