Australia Herbal Supplements Market Size & Outlook
The herbal supplements market in Australia is expected to reach a projected revenue of US$ 2,586.0 million by 2033. A compound annual growth rate of 9.4% is expected of Australia herbal supplements market from 2025 to 2033.
- Food Beverages & Tobacco
- Supplements & Nutrition
- Herbal Supplements Market Outlook
- Supplements & Nutrition
Revenue, 2024 (US$M)
$1,168.1
Forecast, 2033 (US$M)
$2,586.0
CAGR, 2025 - 2033
9.4%
Report Coverage
Australia
Global Market
Related Markets
Ask Prism AI anything about the herbal supplements market
Get a cited answer from GVR research in seconds: segment shares, growth drivers, regulation and forecast assumptions.
Every answer starts with GVR research, and every figure is cited.Explore Prism AI
Australia herbal supplements market highlights
- The Australia herbal supplements market generated a revenue of USD 1,168.1 million in 2024 and is expected to reach USD 2,586.0 million by 2033.
- The Australia market is expected to grow at a CAGR of 9.4% from 2025 to 2033.
- In terms of segment, turmeric was the largest revenue generating product in 2024.
- Moringa is the most lucrative product segment registering the fastest growth during the forecast period.
Herbal supplements market data book summary
| Market revenue in 2024 | USD 1,168.1 million |
| Market revenue in 2033 | USD 2,586.0 million |
| Growth rate | 9.4% (CAGR from 2025 to 2033) |
| Largest segment | Turmeric |
| Fastest growing segment | Moringa |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Turmeric, Ginger, Ginseng, Echinacea, Flaxseeds, Moringa |
Other key industry trends
- In terms of revenue, Australia accounted for 2.8% of the global herbal supplements market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China herbal supplements market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,845.3 million by 2033.
No credit card required*
Publish Date: Jun 24, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
- Turnaround
- 5–10 working days
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Herbal Supplements Market Scope
Herbal Supplements Market segmentation & scope
Herbal Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Herbalife Ltd | View profile | 9,200 | Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, Cayman Islands, KY1-1104 | www.herbalife.com |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | www.nowfoods.com |
| Swanson Group | View profile | 501-1000 | Glendale, California, United States, North America | swansongroup.biz |
| Jarrow Formulas | View profile | 51-100 | Los Angeles, California, United States, North America | www.jarrow.com/ |
| Nature’s Bounty | View profile | - | Bohemia, New York, United States, North America | www.naturesbounty.com |
| Gaia Herbs | View profile | 51-100 | Brevard, North Carolina, United States, North America | gaiaherbs.com |
| Amway | View profile | - | - | - |
| Nature's Way | View profile | 1001-5000 | Green Bay, Wisconsin, United States, North America | www.naturesway.com/ |
| Solgar | View profile | 51-100 | Leonia, New Jersey, United States, North America | www.solgar.com/ |
Australia Herbal Supplements Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Herbal Supplements Market Outlook will help companies and investors design strategic landscapes.
Turmeric was the largest segment with a revenue share of 22.53% in 2024.
Horizon Databook has segmented the Australia herbal supplements market based on turmeric, ginger, ginseng, echinacea, flaxseeds, moringa covering the revenue growth of each sub-segment from 2021 to 2033.
- Australia Herbal Supplements Market Product Outlook (Revenue, USD Million , 2021-2033)
- Turmeric
- Ginger
- Ginseng
- Echinacea
- Flaxseeds
- Moringa
- Others
- Australia Herbal Supplements Market Formulation Outlook (Revenue, USD Million , 2021-2033)
- Capsules
- Powder
- Tablets
- Soft Gels
- Liquid
- Others
- Australia Herbal Supplements Market Consumer Outlook (Revenue, USD Million , 2021-2033)
- Adults
- Pregnant Women
- Geriatric
- Pediatric
- Australia Herbal Supplements Market Sales Channel Outlook (Revenue, USD Million , 2021-2033)
- Online
- Offline
Reasons to subscribe to Herbal Supplements Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Herbal Supplements Market Outlook databook
- Our clientele includes a mix of Herbal Supplements Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia Herbal Supplements Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Herbal Supplements Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Australia Herbal Supplements Market, 2021-2033 (US$M)
Australia herbal supplements market statistics, by product, 2021-2033 (US$M)
