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According to Fact.MR, a provider of market research and competitive intelligence, the global Stress Relief Supplements Market is expected to reach a value of $950 million by the end of 2033, expanding at a CAGR of 6 percent over the next 10 years.
The market researcher reported that escalating global concerns about stress management are leading to a decline in health care effectiveness, negatively influencing productivity during work hours and consequently resulting in reduced organizational earnings. In the health care sector, demand for sleeping aids and stress management supplements is rising at a rapid pace.
Sleep deprivation is a significant contributor to stress. Internationally, a growing number of individuals are recognizing the potential drawbacks of conventional stress management medications, spurring an increased desire for herbal stress management supplements like ashwagandha.
Market Report Key Takeaways
—The global stress relief supplements market is valued at $530 million in 2023.
—Worldwide demand for stress relief supplements is projected to rise at a CAGR of 6 percent from 2023 to 2033.
—The market is estimated to reach $950 million by the end of 2033.
—Ashwagandha dominates the market in terms of share as it enjoys extensive application in ayurvedic treatments.
For more information, visit www.factmr.com.
According to Fact.MR, a provider of market research and competitive intelligence, the global Stress Relief Supplements Market is expected to reach a value of $950 million by the end of 2033, expanding at a CAGR of 6 percent over the next 10 years.
The market researcher reported that escalating global concerns about stress management are leading to a decline in health care effectiveness, negatively influencing productivity during work hours and consequently resulting in reduced organizational earnings. In the health care sector, demand for sleeping aids and stress management supplements is rising at a rapid pace.
Sleep deprivation is a significant contributor to stress. Internationally, a growing number of individuals are recognizing the potential drawbacks of conventional stress management medications, spurring an increased desire for herbal stress management supplements like ashwagandha.
Market Report Key Takeaways
—The global stress relief supplements market is valued at $530 million in 2023.
—Worldwide demand for stress relief supplements is projected to rise at a CAGR of 6 percent from 2023 to 2033.
—The market is estimated to reach $950 million by the end of 2033.
For more information, visit www.factmr.com.
