Elderberry Extract Supplement Market
Elderberry Extract Supplement Market
The market for Elderberry Extract Supplement was estimated at $236.00 million in 2024; it is anticipated to increase to $360 million by 2030, with projections indicating growth to around $512 million by 2035.
Global Elderberry Extract Supplement Market Outlook
Revenue, 2024 (US$M)
$236M
Forecast, 2034 (US$M)
$477M
CAGR, 2024 - 2034
7.3%
Market Key Insights
- The Elderberry Extract Supplement market is projected to grow from $236.0 million in 2024 to $477 million in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Immunomodulatory Effects, Anti-Inflammatory and Antioxidant Abilities.
- Nature's Way, Gaia Herbs, Sambucol are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Elderberry Extract Supplement market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and South Korea are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- Transition like Emergence of ECommerce is expected to add $33.2 million to the Elderberry Extract Supplement market growth by 2030
- The Elderberry Extract Supplement market is set to add $241 million between 2024 and 2034, with manufacturer targeting Digestive Health & Heart Health Application projected to gain a larger market share.
- With Increasing awareness about health and wellness, and Versatile application potential in multiple industries, Elderberry Extract Supplement market to expand 102% between 2024 and 2034.
Opportunities in the Elderberry Extract Supplement
There is an opportunity for elderberry extract supplements in the growing markets of Asia Pacific and South America due to the fast paced urbanization and rising disposable incomes, in these regions. Health supplement companies see these areas as centers of growth that could lead to remarkable expansion.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increasing Awareness about Health and Wellness, and Technological Advancements in Product Formulation and Delivery Methods
Restraint: Regulatory Hurdles
Opportunity: Boosting Immune System with Natural Supplements and Technological Advancements in Extraction Process
Challenge: Limited Scientific Backing
Supply Chain Landscape
Raw Material Procurement
Elderberry Farms
Bulk Nutrients
Extraction & Processing
NutriCargo
Bio Botanica
Supplement Production
Nutraceutical Corporation
Nature's Way
Retail & Distribution
GNC Holdings
The Vitamin Shoppe
Raw Material Procurement
Elderberry Farms
Bulk Nutrients
Extraction & Processing
NutriCargo
Bio Botanica
Supplement Production
Nutraceutical Corporation
Nature's Way
Retail & Distribution
GNC Holdings
The Vitamin Shoppe