1h Free Analyst Time
The herbal medicine market is forecasted to grow by USD 49.97 billion during 2024-2029, accelerating at a CAGR of 7.1% during the forecast period. The report on the herbal medicine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by inclination toward herbal and natural remedies, preference for minimal side effects, and emphasis on natural healing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The herbal medicine market is segmented as below:
By Product
- Capsules and tablets
- Powders
- Extracts
- Syrups
- Others
By Distribution Channel
- Hospitals and retail pharmacies
- E-commerce
By Source
- Leaves
- Roots
- Barks
- Others
By Application
- Pharmaceutical and nutraceutical
- Food and beverages
- Personal care and beauty products
By Variant
- General wellness
- Cardiovascular health
- Cognitive health
- Gut and digestive health
- Others
By Geographical Landscape
- Asia
- North America
- Europe
- Rest of World (ROW)
The report on the herbal medicine market covers the following areas:
- Herbal Medicine Market sizing
- Herbal Medicine Market forecast
- Herbal Medicine Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Distribution Channel
10 Market Segmentation by Source
11 Market Segmentation by Application
12 Market Segmentation by Variant
13 Customer Landscape
14 Geographic Landscape
15 Drivers, Challenges, and Opportunity/Restraints
16 Competitive Landscape
17 Competitive Analysis
18 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global herbal medicine market: Arizona Natural Products, Arkopharma Laboratories, Beijing Tongrentang Co Ltd., Bio Botanica Inc., Blackmores Ltd., Charak Pharma Pvt. Ltd., Dabur India Ltd., Dasherb Corp., Dr. Willmar Schwabe GmbH and Co. KG, Emami Ltd, Hamdard Laboratories, Himalaya Global Holdings Ltd., Hishimo Pharmaceuticals Pvt. Ltd., Imperial Ginseng Products Ltd., Ricola Group AG, Schaper and Brummer GmbH and Co. KG, Sido Muncul, Tsumura and Co., Weleda, and ZeinPharma Germany GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological integration in herbal medicine research and development."
According to the report, one of the major drivers for this market is the inclination toward herbal and natural remedies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arizona Natural Products
- Arkopharma Laboratories
- Beijing Tongrentang Co Ltd.
- Bio Botanica Inc.
- Blackmores Ltd.
- Charak Pharma Pvt. Ltd.
- Dabur India Ltd.
- Dasherb Corp.
- Dr. Willmar Schwabe GmbH and Co. KG
- Emami Ltd
- Hamdard Laboratories
- Himalaya Global Holdings Ltd.
- Hishimo Pharmaceuticals Pvt. Ltd.
- Imperial Ginseng Products Ltd.
- Ricola Group AG
- Schaper and Brummer GmbH and Co. KG
- Sido Muncul
- Tsumura and Co.
- Weleda
- ZeinPharma Germany GmbH