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The herbal market is forecasted to grow by USD 130.3 billion during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The report on the herbal 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 increase in prevalence of liver and heart diseases, increasing number of healthcare facilities, and increasing demand for natural medicines.
The herbal market is segmented as below:
By Delivery
- Over the counter
- Prescription
By Product
- Herbal supplements and remedies
- Herbal medicine
- Herbal cosmetics
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
The report on the herbal market covers the following areas:
- Herbal Market sizing
- Herbal Market forecast
- Herbal Market industry analysis
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 an analysis of the key vendors.
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 Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Delivery
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global herbal market: Archer Daniels Midland Co., Arizona Natural Products, Arkopharma Laboratories, Bellan Pharmaceuticals, Blackmores Ltd., Dabur India Ltd., Dasherb Corp., Dr. Willmar Schwabe India Pvt. Ltd., Gaia Herbs Inc., Glanbia plc, Greenstorm Foods Pty Ltd, Herbalife International of America Inc., Himalaya Global Holdings Ltd., Hishimo Pharmaceuticals Pvt. Ltd., KPC Products Inc., Patanjali Ayurved Ltd., Schaper and Brummer GmbH and Co. KG, SP Pharmaceuticals, Tsumura and Co., and ZeinPharma Germany GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising awareness about advantages of natural remedies."
According to the report, one of the major drivers for this market is the increase in prevalence of liver and heart diseases.
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:
- Archer Daniels Midland Co.
- Arizona Natural Products
- Arkopharma Laboratories
- Bellan Pharmaceuticals
- Blackmores Ltd.
- Dabur India Ltd.
- Dasherb Corp.
- Dr. Willmar Schwabe India Pvt. Ltd.
- Gaia Herbs Inc.
- Glanbia plc
- Greenstorm Foods Pty Ltd
- Herbalife International of America Inc.
- Himalaya Global Holdings Ltd.
- Hishimo Pharmaceuticals Pvt. Ltd.
- KPC Products Inc.
- Patanjali Ayurved Ltd.
- Schaper and Brummer GmbH and Co. KG
- SP Pharmaceuticals
- Tsumura and Co.
- ZeinPharma Germany GmbH