$HBRM ~ Herborium® Group, Inc. a Botanical Therap
Post# of 17844
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Dr. Agnes talked about the new landscape of the nutraceutical market and the opportunities and challenges of natural medicine and wellness. She points out how Herborium's proprietary Botanical Therapeutics®, its innovative business model and its unique blend of expertise has positioned the company in the bull's eye of this aggressively growing sector.
The global nutraceutical market is currently valued at about USD $250 billion in 2016 and is expected to reach ~ USD $385 billion by the year 2021. The United States nutraceutical market has dominated this growth, accounting for approximately 36% of this growth.
Herborium's sales results for the first three quarters of 2016 grew by 14% in comparison to the same period of 2015, and the fourth quarter results beat expectations and grew 16.8% in comparison to the same period of 2015
Herborium's Botanical Therapeutics are systemic, proprietary, all herbal products that contain no chemicals, gluten, or GMOs and have been scientifically validated with respect to their efficacy and safety. They address unsatisfied market needs such as Acne and Rosacea ($5 billion), Male Sexual Health ($8 billion), Women's Sexual Health ($6 billion) and energy restoration ($9 billion)
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