World Herbal Supplements and Remedies Market

World Herbal Supplements and Remedies Market

This report analyzes the worldwide markets for Herbal Supplements and Remedies in Millions of US$. The Major product segments analyzed are Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John's Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal Supplements. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 104 companies including many key and niche players worldwide such as Amerifit Brands, Inc., Arizona Natural Products, Arkopharma SA, Bio-Botanica, Inc., Blackmores Ltd., Himalaya Drug Company, Imperial Ginseng Products Ltd., Indfrag Ltd., Inverness Medical Nutritionals Group, MMS Pro Professional Products, Natrol Inc., Nature's Sunshine Products, NBTY, Inc., Sundown Nutrition, Nutraceutical International Corporation, Pharma Nord APS, Pharmaton Natural Health Products, Pharmavite® LLC, Potters Herbal Medicines, Ricola USA, TwinLab Corporation, Nature’s Herbs and Zandu Pharmaceutical Works Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Product Definitions I-3
Ginkgo Biloba I-3
Garlic I-4
Ginseng I-4
Echinacea I-4
St. John's Wort I-4
Soy I-4
Aloe Vera I-4
Specialty Herbs I-4
Multi-Herbs I-4
Other Herbal Supplements I-4

II. EXECUTIVE SUMMARY

1. Global Market Analysis II-1
Herbs on the Positive Note II-1
Botanical Supplements Find a Niche in Functional Foods II-2
Sustainability-A Prime Concern II-2
Regional Landscape II-2
Prospects and Challenges of Dietary Supplements II-2
What Differentiates Herbals From Pharmaceuticals- A
Comparative Analysis II-3
Herbal Supplements Market II-3
Demographics - Playing a Major Role II-3
Table 1: Dietary Supplements Market Worldwide (2006):
Percentage Preference by Gender and Age Group (includes
corresponding Graph/Chart) II-4
Natural Herbalism - A Global Perspective II-4
Table 2: Worldwide Health and Wellness Market (2005 & 2006):
Percentage Breakdown of Leading Categories-Functional
fortified foods & beverages, Vitamins, minerals, herbal &
dietary supplements, Natural foods and beverages, Organic
foods and beverages and Personal care (includes corresponding
Graph/Chart) II-5

Table 3: Herbal Supplements Market Worldwide (2006)):
Percentage Breakdown of Treatment Procedures for Western
Herbalism, Traditional Chinese Medicines, Homeopathy and
Ayurveda (includes corresponding Graph/Chart) II-5
Natural Medicine Acceptance Increases as Standard Chemical
Remedies Lose Appeal II-6
Botanical Products II-6
The Other Side - Herbal Remedies Endangering Wild Plant Species II-7

2. Market Trends & Issues II-8
Functional Foods Market - Product Strategies Being Redefined II-8
Multi-Herbal Products on the Rise II-8
Ayurvedic Supplements Go Mainstream II-8
Reasons for Cheer II-8
Women’s Healthcare Needs Propel Market II-9
Rising Concerns of Herbal Supplements II-9
Laboratory Studies Challenge Safety of Herbal Supplements II-10
Adverse Effects of Herbal Supplements- A Case Study II-10
Herbal Supplements and Prescription Drugs II-10
Herbal supplements and Breast Cancer II-10
Impact of Herbal Supplements on Patients Undergoing Plastic
Surgery II-11
Herbal Remedies & Arthritis Patients II-11
Impact of Media on the Herbs II-11
Lack of Brand Loyalty - Improves Private Label Category II-11
Specialty Products - A Booming Market II-12

3. Product Overview II-13
Herbal Supplements - Definition II-13
History II-13
Rise and Fall in American Herbalism II-14
Oriental and Ayurvedic Influences II-14
Product Segments/Sub-Segments II-15
Ginkgo Biloba - Oldest Living Tree Species II-15
Garlic - Spice of Life! II-15
Ginseng (Panax) - Multitude of Benefits II-15
Echinacea - The American Cone Flower II-16
Echinacea Augustifolia II-16
St. John’s Wort - Aromatic Health II-16
Soy II-17
Aloe Vera II-17
Cat’s Claw II-17
Kava Kava II-17
Saw Palmetto - Men’s Herbal Formula II-18
Saw Palmetto Found to Alleviate Urinary Tract Problems in Men II-18
Specialty Herbs II-18
Black Cohosh II-18
Green Tea II-18
Milk Thistle II-19
Schisandra II-19
Valerian II-19
Yohimbe II-19
Other Herbal Supplements II-19

4. Distribution and Retail Structure II-24
Health Food Stores II-24
Mass Merchandisers II-24
Other Key Distribution Channels II-24

5. Efficacy and Side Effects of Herbal Supplements II-25
Are Herbals Supplements Really Effective? II-25
Side Effects II-25
Reality Check II-25
FDA Bans Ephedra Supplements II-25
Chaparral II-26
Penntroyal II-26
Quality Roadblocks for Herbal Supplements II-26
Ban on Kava Products II-26
MHUPO Prohibits Kava-Kava Sale II-26
Health Canada Bans Kava-Kava II-26
FSAI Orders Removal of 10 Herbal Supplement Products II-27

6. Product Introductions/Innovations II-28
Bioponic Phytoceuticals Launches an All Natural Baby Product
Suite II-28
Costa and Company Launches Water in Herbal Flavors II-28
Pharmavite Launches Double Strength Fish Oil II-28
Calgenex Launches Dermalleve II-28
Lucas Meyer Cosmetics Introduces Botanical Oils II-28
Hope Ayurvedic Launches Skin Treatment Drug II-29
Herborium Introduces ‘Bridge Products’ II-29
Canadian Scientist Develops New Herbal Extracting Equipment II-29
Indonesian Researcher Discovers New Herbal Extracts for Bird
Flu Treatment II-29
SISU Inc. Introduces Muscle and Joint Aid II-29
Sushrut Ayurved Introduces Sugar Knocker II-29
Soaljo Launches Exclusive American Herbal Extracts II-30
Yeturu Introduces Aloe Vera Product II-30
Uganda Launches Aloe Vera Gel Drink II-30
Naturceutics Launches New Product Line, Nature’s Prescription II-30
Carrington Launches New Specialty Tea II-30
Alpine Pure Launches Swiss-made Herbal Products in the US II-30
Bio Life Launches New Versions of Herbal-Based Health Supplements II-30
China Health Holding Introduces TAOIST Products II-31
Botaniex Initiates Research for ED Remedy II-31
China Health Holding’s First Product Line-- King of Herbs II-31
Chemins Co to Manufacture HEE Corp’s HPB-84 II-31
Pharmavite’s new Drug-Nutrient Interaction and Depletions
Database II-31
Natrol Launches Cogniceutical Brand Products II-31
Bio-Botanica® Expands Natural Preservatives Product Line II-32
Spanish Researchers Develop Food Preservative from Aloe Vera II-32
Fisheries Research Institute Discovers Herbs to Prevent Fish
Diseases II-32
Himalaya Introduces Herbal Products in Bangladesh II-32
Khon Kaen University Launches Thai Herbal Products II-32
Ranbaxy Introduces ‘New Age Herbals’ II-32
Longjiang River Health Products Unveils Luo Han Kuo Product Line II-32
Pharmavite Rolls Out Advanced Supplements with Phytonutrients II-33
Himalaya Launches Shahicool Sharbat and Gripe Water II-33
Sunrider Launches Herbal Food and Beverages in India II-33
Natural Health to Launch Branded Herbals in India II-33
Ashian Herbex Unveils Six Herbal Products II-33
Panacea Biotech Unveils OTC Herbal and Dietary Supplements II-33
Finzelberg Unveils Nutrifin Brand II-34
Bio-Botanica Launches Sabaltone® II-34
Herb Pharm Launches Green Tea Extract II-34
Herb Pharm Launches PHARMA MACA™ II-34
Herb Pharm Launches PMS Comfort Tonic II-34
LHP Launches Starch Away II-34
HDC Launches Throat Drops II-34
Rainbow Light Introduced New SafeGuard™ Formulas II-35
Amerifit Nutrition Launches Improved Estroven Formula II-35
Enzymatic Introduces Daily Energy Enfusion II-35
Enzymatic Launches Remember! II-35
Amerifit Launches Estroven’s First Joint and Bone Supplement
for Women II-35
Amerifit Launches Estroven PMS for Women II-35
Enzymatic Introduces FlexAgility II-35
Amerifit Launches Vitaball II-36
Himalaya Introduces Himalaya Pure Herbs II-36
Rexal Relaunches Dietary Supplement Line II-36
Gerard House Launches New Line of Herbal Supplements II-36
Lichtwer Pharma Announces Two Herbal Supplements II-36
Wassen International Introduces Danish Ginseng Supplement II-36
Safetec Introduces SANIWASH and Bio-Hand Cleaner II-37
Becoming Unleashes Oona Herbal Supplements II-37
Guardian Nutrition Announces Pet Supplement Line II-37
Bally Introduces Bally Blast II-37
Nature’s Answer Launches Supplement Capsules II-37
Nature’s Resource Unleashes Herbal Supplements II-37
Matrix Family Unveils Expecting Mom II-37
BioImmune Introduces ImmuneRich II-38
Herbs for Kids Unveils Herbal Supplements II-38
GNC Unveils Herbal Supplements II-38
Novartis Expands Dietary Supplements’ Line II-38
Jagulana Unveils Herbal Supplements and Tea II-38
Amerifit Nutrition Unveils Estroven PMS II-38
Naturade Introduces Soy Supplements II-39
Glaxo Debuts RemiFemin II-39
Amazona Introduces Cleanser II-39
Richardson Unveils Soy and Herbal Supplements II-39
Naturade Announces Ready-to-Drink II-39
D’Arcy Naturals Releases Natural Herbal Supplements II-39
P&G Unveils Elations Liquid Dietary Supplement II-40
Natural Organics Presents Three Herbal Supplements II-40
Arizona Unveils AriZona RxStress Relief Elixir II-40
Abbot Unveils Soy Protein Bars II-40
Nature’s Answer Introduces Extract Supplements’ Capsules II-40
IVC Announces LiquaFil Softgel Supplements II-40
Monterey Unveils Herbal Supplements II-40
Healing Light Unveils Herbal Supplement Capsules II-41
UniChem Announces a Line of Herbal Remedies II-41
Nature’s Nutrition Launches Herbal Supplements II-41
Nature’s Health Announces Granule Supplements II-41
Puritan Pride Unveils Herbal Supplements II-41
Rainbow Light Announces Herbal Supplements II-41
Ricola Unveils Dietary Supplements II-41
Himalaya Re-Introduces Herbal Supplement Line II-42
Natrol Introduces StimuMax Herbal Supplements II-42
General Nutrition Centers Unveils Four Herbal Supplements II-42
Sea & Farmfresh Releases Choice of Life Herbal Supplements II-42
IVC Launches Nature Herbal Supplement Line II-42
Nature’s Answer Introduces Herbal Supplements’ Line II-42
Central Soya Releases Soy Concentrates II-43
Blaster Candy Unveils Liquid Supplements II-43
PET Technologies (Netherlands) Launches a Line of Herbal
Supplements II-43
Nycomed Introduces Herbal Supplements in Denmark II-43
Pharma Nord Announces Herbal Supplements II-43
Maharishi Ayurveda Unveils Herbal Supplement Tablets II-43
Blackmore Unveils Herbal Supplements II-43

7. Recent Industry Activity II-47
Plethico Pharmaceuticals Acquires Natrol, Inc. II-47
CVC Acquires Personal Care Retail Chain II-47
Hain Celestial Acquires New Personal Care Product Brands II-47
Renhuang Pharmaceuticals Adds Herbal Extracting Facility II-47
OTPP Board and Ares Management Acquires GNC Parent Corp. II-47
Tetley Tea Obtains New Polish Tea Brands II-48
GeoPharma Gets Shareholders’ Nod for Merger Proposal II-48
Himalaya Herbal Enters into Deal With Foreign Retail Chains II-48
Himalaya Starts Outlets II-48
Shahnaz Herbal to Open Branches in Dubai and Malaysia II-48
TorQuest Acquires Herbal Magic II-49
Pacific and ACT Acquires Herborium II-49
ITO EN Ltd Acquires Mason Vitamins II-49
Verdure Purchases Geni Brands II-49
Amerifit Nutrition Takes Over Culturelle® II-49
Tata Tea Acquires Czech Tea Company II-50
ISMG Inks Pact to Acquire Aloe Vera Farming Operations II-50
Innovation Inks a Letter of Intent with Pharmaspritz II-50
CHH Enters into Acquisition Agreement With Shaanxi II-50
CHH To Acquire 60% Stake in HFHP Co. II-51
Dragon to Purchase Jinguang II-51
Sunwin To Acquire Qufu II-51
Herbalife Commences Malaysian Operations II-51
CHH to Acquire Henan Tiankang II-52
CHH’s Letter of Intent for Acquisition of Shaanxi Wanan II-52
HerbalPharm Merges With HerbalPharm II-52
Merck KGaA Inks an Agreement with Chi-Med II-52
New Chapter To Distribute EuroPharma’s Vectomega II-52
Guardian Lifecare Inks Agreement With GNC II-53
Mannatech Awards a Supply Contract to Carrington II-53
HolleyPharm Group and Hope Signs a MoU II-53
CHH Signs Agreement with MT Global II-53
Romania To Vend Stake in Plafar II-53
Terry Laboratories Starts New Production Facility II-53
Sunwin Starts a Subsidiary in Canada II-54
Indena to Expand Production Capacity II-54
Tsumura & Co Erects New Production Facility II-54
Sabinsa Opens European Office II-54
MTC Starts New Production Unit II-54
Sahinsa Commences a New Workplace II-54
Natrol Sets Up UK Subsidiary II-55
Pharma Nord Plans to Enlarge its Denmark Production Plants II-55
Best Buy Shuts First eq-life Store II-55
Herbaceuticals Receives Patent for Herbal Supplement II-55
Itsaul Plants Obtains Patent II-55
Terra Nova Obtains Patent for Echinacea Purpurea Plant II-55
SCRAS Receives Patent for Ginkgo Biloba Extracts II-56
Brunei Rejects Indonesian Herbals II-56
Medical Science Department to Finance Studies on Herbal Extracts II-56
Mason Vitamins Acquires Assets of Sentry II-56
CortDev Acquires Botaniex II-56
Planet Organic Acquires Trophic Canada II-56
Charterhouse Group Acquires Amerifit II-56
Charterhouse Takes Over Amerifit II-57
NBTY Acquires SISU II-57
NBTY Acquires Solgar II-57
Herbal Regenesis Merges with Fedelitas to form HerbalOne II-57
NSF and AHP to Work Together II-57
Nicodrops’ Distribution Agreement with Walgreen II-57
Nandam Biomatrix Contracts with Farmers for Aloe Vera Cultivation II-57
Pharmaline, Inc. to Distribute Burgundy’s Botanical Extracts
in the US II-58
Desert To Distribute Herbal Flu and Cold Product II-58
Kenya Geared up to Make Aloe Vera Products II-58
CHH Plans For Market Expansion II-58
Uganda Begins Aloe Vera Exports to Kenya II-58
Terra Nova Obtains Patent for Echinacea Purpurea Plant II-58
China Health Holding Goes Online II-59
IdeaSphere Purchases Twinlab II-59
Nutraceutical Acquires Montana Big Sky™ Brand II-59
Echinacea Receives USP’s Verification for Dietary Supplements II-59
Lupin Ventures into Herbal Drugs Market II-59
Nutraceutical Takes Over Natural Balance II-59
Prolab Forges Partnership with ESPN’s Body Shaping II-60
Apollo Management Acquires GNC II-60
Sunrider International Invests in Indian Herbal Market II-60
NBTY Acquires Rexall Sundown II-60
NBTY Acquires GNC Business in United Kingdom II-60
Wisdom Natural Brands Acquires La Merced® II-60
Nutraceutical Acquires Arizona Health Foods Business II-60
Nutraceutical Acquires Nature's Life II-61
Natrol Establishes Direct-Sales Division II-61
Bio-Botanica Expands Facilities II-61
Amerifit Nutrition® Products Obtain NSF Approval II-61
Inverness Medical Acquires IVC II-61
Penwest Pharmaceuticals Allies with Finzelberg II-61
NBTY Acquires Synergy Plus® Product Line II-62
USN Acquires La Haye Laboratories II-62
Penwest Enters into Alliance with Finzelberg II-62
BotanicLabs Recalls PC-Specs II-62
Herbochem Remedies Acquires License from IICB II-62
Boehringer Ingelheim Establishes OTC Unit II-62
Botanical Laboratories Acquires Zand II-62
Merck withdraws Kava Kava Products II-63
Micro Laboratories Obtains St. John’s Wort Spray II-63

8. Focus on Select Global Players II-64
Amerifit Brands, Inc. (USA) II-64
Arizona Natural Products (USA) II-64
Arkopharma SA (France) II-64
Bio-Botanica, Inc. (USA) II-64
Blackmores Ltd. (Australia) II-65
Himalaya Drug Company (India) II-65
Imperial Ginseng Products Ltd. (Canada) II-66
Indfrag Ltd. (India) II-66
Inverness Medical Nutritionals Group (USA) II-66
MMS Pro Professional Products (USA) II-67
Natrol Inc. (USA) II-67
Nature’s Answer (USA) II-67
Nature's Sunshine Products (USA) II-68
NBTY, Inc. (USA) II-68
Sundown Nutrition (USA) II-68
Nutraceutical International Corporation (USA) II-69
Pharma Nord APS (Denmark) II-69
Pharmaton Natural Health Products (USA) II-70
Pharmavite® LLC (USA) II-70
Potters Herbal Medicines (UK) II-70
Ricola USA (USA) II-70
TwinLab Corporation (USA) II-70
Nature’s Herbs (USA) II-71
Zandu Pharmaceutical Works Ltd. (India) II-71

9. Global Market Perspective II-72
Table 4: World Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America and Rest of World Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2000 through
2010 (includes corresponding Graph/Chart) II-72

Table 5: World Long-term Projections for Herbal Supplements
and Remedies by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) II-73

Table 6: World 10-Year Perspective for Herbal Supplements and
Remedies by Geographic Region - Percentage Breakdown of Dollar
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets for Years
2000, 2007 & 2010 (includes corresponding Graph/Chart) II-74

Table 7: World Recent Past, Current & Future Analysis for
Ginkgo Biloba by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and Rest
of World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-75

Table 8: World Long-term Projections for Ginkgo Biloba by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America & Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-76

Table 9: World 10-Year Perspective for Ginkgo Biloba by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-77

Table 10: World Recent Past, Current & Future Analysis for
Garlic by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-78

Table 11: World Long-term Projections for Garlic by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-79

Table 12: World 10-Year Perspective for Garlic by Geographic
Region - Percentage Breakdown of Dollar Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America
and Rest of World Markets for Years 2000, 2007 & 2010
(includes corresponding Graph/Chart) II-80

Table 13: World Recent Past, Current & Future Analysis for
Ginseng by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-81

Table 14: World Long-term Projections for Ginseng by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-82

Table 15: World 10-Year Perspective for Ginseng by Geographic
Region - Percentage Breakdown of Dollar Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America
and Rest of World Markets for Years 2000, 2007 & 2010
(includes corresponding Graph/Chart) II-83

Table 16: World Recent Past, Current & Future Analysis for
Echinacea by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-84

Table 17: World Long-term Projections for Echinacea by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-85

Table 18: World 10-Year Perspective for Echinacea by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-86

Table 19: World Recent Past, Current & Future Analysis for St.
John’s Wort by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-87

Table 20: World Long-term Projections for St. John’s Wort by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-88

Table 21: World 10-Year Perspective for St. John’s Wort by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-89

Table 22: World Recent Past, Current & Future Analysis for Soy
by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-90

Table 23: World Long-term Projections for Soy by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-91

Table 24: World 10-Year Perspective for Soy by Geographic
Region - Percentage Breakdown of Dollar Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America
and Rest of World Markets for Years 2000, 2007 & 2010
(includes corresponding Graph/Chart) II-92

Table 25: World Recent Past, Current & Future Analysis for
Aloe Vera by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-93

Table 26: World Long-term Projections for Aloe Vera by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-94

Table 27: World 10-Year Perspective for Aloe Vera by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-95

Table 28: World Recent Past, Current & Future Analysis for
Specialty Herbs by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and Rest
of World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-96

Table 29: World Long-term Projections for Specialty Herbs by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-97

Table 30: World 10-Year Perspective for Specialty Herbs by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-98

Table 31: World Recent Past, Current & Future Analysis for
Multi-Herbs by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-99

Table 32: World Long-term Projections for Multi-Herbs by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-100

Table 33: World 10-Year Perspective for Multi-Herbs by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2000, 2007 &
2010 (includes corresponding Graph/Chart) II-101

Table 34: World Recent Past, Current & Future Analysis for
Other Herbal Supplements by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) II-102

Table 35: World Long-term Projections for Other Herbal
Supplements by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-103

Table 36: World 10-Year Perspective for Other Herbal
Supplements by Geographic Region - Percentage Breakdown of
Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets for
Years 2000, 2007 & 2010 (includes corresponding Graph/Chart) II-104

III. MARKET

1. The United States III-1
A.Market Analysis III-1
Wavering Herbal Supplements Market III-1
Dietary Supplements Market in the US III-1
Table 37: Supplements Market in the US (2005 & 2006):
Percentage Breakdown of Value Sales by Segment - Vitamins,
Herbs and Botanicals, Meal Supplements, Specialty/Others,
Minerals, and Sports Nutrition (includes corresponding
Graph/Chart) III-2
Threat to Herbal Supplements and Remedies Market in the US III-2
Ray of Hope III-3
Herbal Supplements - A Historic Review III-3
Expansion Beyond the 1960s III-3
Market in the 1990s III-4
Market Dynamics III-4
Consumer Trends III-4
Table 38: Herbal Medications in the US Market (2005 &
2006): Percentage Breakdown of Value Sales by
Disease/Condition - Cardiovascular, Respiratory,
Digestive, Tonics, Sedatives and Others(includes
corresponding Graph/Chart) III-5
Adult Usage of Health Supplements Increases III-5
Table 39: Vitamin and Herbal Supplements Market in the US
(2006): Percentage Breakdown by Frequency of Usage
(includes corresponding Graph/Chart) III-6

Table 40: US Market for Mineral Supplements: Breakdown of
Retail Dollar and Unit Sales of Top Brands for the Year
Ended October 2007 (includes corresponding Graph/Chart) III-6
Women’ Healthcare Needs Propel Market III-6
Gamut of Soy Based Introductions III-7
Table 41: Ranking of Heath Benefits offered by Soy in
Order of Consumer Awareness (includes corresponding
Graph/Chart) III-8
Major Distribution Outlets III-8
Table 42: Herbal Supplements Market in the US (2005 &
2006): Percentage Breakdown of Value Sales by Distribution
Channel - Retail-NHF, Multilevel, Retailers, Practitioner,
Mail Order, Asian Herbal Shops, and Internet (includes
corresponding Graph/Chart) III-8
Market Competition III-8
Herbal Supplements and Remedies in the US: Leading Brands
and Manufacturers (2003) III-9
Table 43: Leading Brands in the US Herbal Supplements
Market (2005 & 2006): Percentage Breakdown of Value Sales
for Sundown Herbals, Nature’s Resource, Healthy Woman,
Sundown, One-A-Day, Estroven, Sundown Herbals Extra,
Ginkoba, Nature Made and Others (includes corresponding
Graph/Chart) III-9
Legal & Regulatory Issues III-10
FDA Bans Ephedra Supplements III-10
FDA Orders Retraction of ‘PC-Specs’ III-10
‘Ethyl Alcohol in Liquid Herbal Supplements Not Harmful’ -FDA III-10
Labeling Regulations for Dietary Supplements III-10
Nutrition Labeling and Education Act III-11
Consumer Healthcare Products Association III-11
Product Launches/Developments III-11
Strategic Corporate Developments III-21
Key Players III-30
Amerifit Brands, Inc. III-30
Arizona Natural Products, Inc. III-30
Bio-Botanica, Inc. III-30
Inverness Medical Nutritionals Group III-30
MMS Pro Professional Products III-31
Natrol, Inc. III-31
Nature’s Answer III-32
Nature's Sunshine Products, Inc. III-32
NBTY, Inc. III-32
Sundown Nutrition III-33
Nutraceutical International Corporation III-33
Pharmaton Natural Health Products III-33
Pharmavite® LLC. III-34
Ricola USA III-34
TwinLab Corporation III-34
Nature’s Herbs III-34
B.Market Analytics III-35
Table 44: US Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) III-35

Table 45: US Long-term Projections for Herbal Supplements
and Remedies by Product Segment - Ginkgo Biloba, Garlic,
Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-36

Table 46: US 10-Year Perspective for Herbal Supplements and
Remedies by Product Segment - Percentage Breakdown of Dollar
Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.
John’s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,
and Other Herbal Supplements Markets for 2000, 2007 & 2010
(includes corresponding Graph/Chart) III-37

2. Canada III-38
A.Market Analysis III-38
Market Overview III-38
Table 47: Canadian Natural Health Market (2006): Percentage
Breakdown of Sales of Natural Health Products-
Multi-vitamin, Herbal Supplements, Glucosamine, Calcium,
Vitamin C, Vitamin B, Vitamin E, Child Multi-Vitamins and
Antioxidant Supplements (includes corresponding
Graph/Chart) III-38
Demographic Trends Suggest Rising Preference III-39
Guidelines of Health Canada III-39
Ban on Kava Products III-39
Product Developments/Launches III-39
Strategic Corporate Developments III-39
Key Player III-40
Imperial Ginseng Products Ltd. III-40
B.Market Analytics III-41
Table 48: Canadian Recent Past, Current & Future Analysis
for Herbal Supplements and Remedies by Product Segment -
Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort,
Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other
Herbal Supplements Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2000 through
2010 (includes corresponding Graph/Chart) III-41

Table 49: Canadian Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo Biloba,
Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe
Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-42

Table 50: Canadian 10-Year Perspective for Herbal
Supplements and Remedies by Product Segment - Percentage
Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,
Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets for 2000, 2007 & 2010 (includes corresponding
Graph/Chart) III-43

3. Japan III-44
A.Market Analysis III-44
Market Overview III-44
Outlook III-44
Market Trends/Issues III-44
Emergence of Herbal Supplements III-45
Distribution Channels III-45
Favorable Demographics Drive Growth III-45
Imports of Herbal Products III-45
Laws Governing the Imports of Herbal Supplements Market III-45
Food Sanitation Law III-45
Plant Quarantine Law III-46
Strategic Corporate Developments III-46
B.Market Analytics III-47
Table 51: Japanese Recent Past, Current & Future Analysis
for Herbal Supplements and Remedies by Product Segment -
Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort,
Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other
Herbal Supplements Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2000 through
2010 (includes corresponding Graph/Chart) III-47

Table 52: Japanese Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-48

Table 53: Japanese 10-Year Perspective for Herbal
Supplements and Remedies by Product Segment - Percentage
Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,
Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets for 2000, 2007 & 2010 (includes corresponding
Graph/Chart) III-49

4. Europe III-50
A.Market Analysis III-50
Overview III-50
Market Trends III-50
Inconsistent Market III-50
Regulatory Environment III-51
Marketing Opportunities for Natural Products III-51
Outlook III-52
European Herbal Market Perks Up III-52
Market Analysis III-53
Distribution Channels III-53
New Traditional Herbal Medicinal Products Directive III-53
Health Food Industry Disputes EU Food Supplements Directive III-54
Key Player III-54
Pharma Nord APS (Denmark) III-54
B.Market Analytics III-55
Table 54: European Recent Past, Current & Future Analysis
for Herbal Supplements and Remedies by Geographic Region -
France, Germany, Italy, UK, Spain, Russia & Rest of Europe
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-55

Table 55: European Recent Past, Current & Future Analysis
for Herbal Supplements and Remedies by Product Segment -
Ginkgo Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort,
Soy, Aloe Vera, Specialty Herbs, Multi-Herbs, and Other
Herbal Supplements Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2000 through
2010 (includes corresponding Graph/Chart) III-56

Table 56: European Long-term Projections for Herbal
Supplements and Remedies by Geographic Region - France,
Germany, Italy, UK, Spain, Russia & Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-57

Table 57: European Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo Biloba,
Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-58

Table 58: European 10-Year Perspective for Herbal
Supplements and Remedies by Geographic Region - Percentage
Breakdown of Dollar Sales for France, Germany, Italy, UK,
Spain, Russia & Rest of Europe Markets for Years 2000, 2007
& 2010 (includes corresponding Graph/Chart) III-59

Table 59: European 10-Year Perspective for Herbal
Supplements and Remedies by Product Segment - Percentage
Breakdown of Dollar Sales for Ginkgo Biloba, Garlic,
Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets for 2000, 2007 & 2010 (includes corresponding
Graph/Chart) III-60

4a. France III-61
A.Market Analysis III-61
Market Trends III-61
Product Introduction III-61
Strategic Corporate Development III-61
Key Player III-61
Arkopharma SA III-61
B.Market Analytics III-62
Table 60: French Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) III-62

Table 61: French Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo Biloba,
Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe
Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-63

Table 62: French 10-Year Perspective for Herbal Supplements
and Remedies by Product Segment - Percentage Breakdown of
Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,
St. John’s Wort, Soy, Aloe Vera, Specialty Herbs,
Multi-Herbs, and Other Herbal Supplements Markets for 2000,
2007 & 2010 (includes corresponding Graph/Chart) III-64

4b. Germany III-65
A.Market Analysis III-65
Contract Manufacturing on Rise III-65
Classification of Herbal Products III-65
Pharmacies: A Major Distribution Channel III-66
Strategic Corporate Developments III-66
B.Market Analytics III-67
Table 63: German Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) III-67

Table 64: German Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo Biloba,
Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe
Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) III-68

Table 65: German 10-Year Perspective for Herbal Supplements
and Remedies by Product Segment - Percentage Breakdown of
Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,
St. John’s Wort, Soy, Aloe Vera, Specialty Herbs,
Multi-Herbs, and Other Herbal Supplements Markets for 2000,
2007 & 2010 (includes corresponding Graph/Chart) III-69

4c. Italy III-70
A.Market Analysis III-70
Italian Market for Nutritional Supplements Flourishes III-70
B.Market Analytics III-71
Table 66: Italian Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010
(includes corresponding Graph/Chart) III-71

Table 67: Italian Long-term Projections for Herbal
Supplements and Remedies by Product Segment - Ginkgo Biloba,
Garlic, Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-72

Table 68: Italian 10-Year Perspective for Herbal Supplements
and Remedies by Product Segment - Percentage Breakdown of
Dollar Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea,
St. John’s Wort, Soy, Aloe Vera, Specialty Herbs,
Multi-Herbs, and Other Herbal Supplements Markets for 2000,
2007 & 2010 (includes corresponding Graph/Chart) III-73

4d. The United Kingdom III-74
A.Market Analysis III-74
Trends in Herbal Remedies Market III-74
Indian Herbal Remedies Had Bitter Experience in UK III-74
Key Distribution Channels III-75
Product Launches/Developments III-75
Strategic Corporate Developments III-76
Key Player III-76
Potters Herbal Medicines III-76
B.Market Analytics III-77
Table 69: UK Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-77

Table 70: UK Long-term Projections for Herbal Supplements
and Remedies by Product Segment - Ginkgo Biloba, Garlic,
Ginseng, Echinacea, St. John’s Wort, Soy, Aloe Vera,
Specialty Herbs, Multi-Herbs, and Other Herbal Supplements
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-78

Table 71: UK 10-Year Perspective for Herbal Supplements and
Remedies by Product Segment - Percentage Breakdown of Dollar
Sales for Ginkgo Biloba, Garlic, Ginseng, Echinacea, St.
John’s Wort, Soy, Aloe Vera, Specialty Herbs, Multi-Herbs,
and Other Herbal Supplements Markets for 2000, 2007 & 2010
(includes corresponding Graph/Chart) III-79

4e. Spain III-80
A.Market Analysis III-80
Product Development III-80
B.Market Analytics III-81
Table 72: Spanish Recent Past, Current & Future Analysis for
Herbal Supplements and Remedies by Product Segment - Ginkgo
Biloba, Garlic, Ginseng, Echinacea, St. John’s Wort, Soy,
Aloe Vera, Specialty Herbs, Multi-Herbs, and Other Herbal
Supplements Markets Independently Analyzed w