herbal supplements
U.S. Sales of Herbal Supplements Increase by 5.4 Percent in 2024
According to the American Botanical Council (ABC)’s 2024 Herb Market Report, retail sales of herbal dietary supplements in the United States reached a record $13.231 billion in 2024. Consumers spent $680 million more on herbal supplements in 2024 than 2023, a 5.4 percent increase, and the second consecutive year of growth following a slight post-pandemic decline in 2022. The ...
U.S. Sales of Herbal Supplements Increased in 2023
According to American Botanical Council (ABC)’s 2023 Herb Market Report, U.S. consumers spent an additional $533 million on herbal supplements in 2023 compared to 2022, a 4.4 percent increase in annual sales. The 2023 report is based on U.S. retail sales data provided by SPINS and Nutrition Business Journal (NBJ). The report was co-written by Tyler ...
BMC Medicine Retracts DNA Barcoding Study on Herbal Products, Industry Responds
In July 2024, BMC Medicine’s editorial office retracted a 2013 study, which used DNA barcoding analysis to test 44 herbal products. “The Editor has retracted this article. An investigation by the University of Guelph (U of G) has found evidence of data fabrication in relation to this article. The Editor therefore no longer has confidence ...
U.S. Sales of Herbal Supplements Decline Slightly in 2022
A report co-authored by the American Botanical Council (ABC, Austin, TX), SPINS (Chicago, IL) and Nutrition Business Journal (NBJ) stated retail sales of herbal supplements in the United States totaled an estimated $12.121 billion in 2022, a 1.9 percent decrease over the previous year. This marks the first time in almost 20 years that annual sales declined. ...
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