LeapZipBlog: Steve Blade's blog: Horehound Supplements Market: Contribution of Drug Stores to Horehound Supplements Sales Remains High

Horehound Supplements Market: Contribution of Drug Stores to Horehound Supplements Sales Remains High

June 24, 2019 by Steve Blade  

 According to new Fact.MR study, worldwide sales of horehound supplements are estimated to surpass 6,200 tons in 2019. The horehound supplements industry continues to be influenced by a slew of factors, ranging from growing consumer inclination towards botanical nutraceutical supplements to R&D investments in exploring the application scope of various traditional herbs. The study assesses the horehound supplements market in detail, and offers an analysis of the macroeconomic and industry-specific factors influencing growth of the horehound supplements industry.

In Brief:

  • Global horehound supplements market registered a value CAGR of 6.4% during the period between 2013 and 2018. Rising consumer inclination towards herbal or botanical health supplements in line with significant developments in nutraceutical industry has underpinned the growth of horehound supplements market.
  • Worldwide sales of horehound market closed in on revenues worth US$ 600 million in 2018, and are estimated to record a promising Y-o-Y growth at nearly 8% in 2019.
  • North America remains the leading market for horehound supplements, with revenues in 2018 estimated at US$ 180 million. Horehound supplements sales in the region remain driven by key beneficial properties of horehound (Marrubium vulgare), a member of the mint family, in treating respiratory conditions.

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Chapter 1 - Executive Summary
The report begins with an executive summary that offers multiple nodes and antinodes in the horehound supplements market including demand side trends, supply side trends, formulation & evolution roadmap, view-points of analysts, and opportunity assessment.

Chapter 2 - Global Horehound Supplements Market Overview
Current scenario of the horehound supplements market along with Y-o-Y growth has been analyzed and briefly introduced in this chapter followed by a concrete definition of the targeted product – horehound supplements market.

Chapter 3 - Key Indicators Assessment
The chapter focuses on various key trends impacting the growth of horehound supplements market. Some of the trends include leveraging new health claims, desirable health claims by manufacturers and brand owners, and others.

Chapter 4 - Market Background and Associated Industry Indicators
Under the chapter, the report covers the analysis of various aspects in nutraceuticals industry and their impact on horehound supplements market. It also include percentage share of horehound along with macroeconomic factors, forecast factors, value chain analysis, operating margins, market
dynamics, and policy and regulatory landscape.

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Horehound Supplements Market – Competitive Landscape

  • In November 2018, Swanson Health Products, a key player in the horehound supplements market, launched a Chinese website, developed by a Shenzhen-based cross-border e-commerce group Azoya, to expand its reach in the world’s biggest retail market. In May 2017, the company announced the launch of a new line of products with 14 probiotic supplements.
  • In August 2018, Mountain Rose Herbs launched its brand new ‘Mountain Rose Herbs Giving Project’, a program funded entirely by MRH to award three $4000 grants to people or organizations that require extra assistance for their plant- or conservation-centric projects.

Nutraceutical International Corporation

Founded in 1993, Nutraceutical International Corporation is leading player in the horehound supplements market, headquartered in Park City, Utah, which manufactures and markets nutritional supplements to health food stores. The company also offers a range of dietary supplements, creams, soaps, and other personal care products.

Ricola AG

Established in 1930, Ricola is headquartered in Laufen, Switzerland, and has subsidiary locations in Europe, Asia, and the USA. The company specializes in the production and sale of herb drops, tea blends, and chewing gums across the globe.

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