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The herbal medicine market is forecasted to grow by USD 44.75 billion during 2023-2028, accelerating at a CAGR of 6.78% 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 boosts immune system, low side effects, and natural healing.
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 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 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 research - both primary and secondary. 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 the 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 Product
7 Market Segmentation by Distribution Channel
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 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 Group, and ZeinPharma Germany GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is inclination toward herbal and natural products."
According to the report, one of the major drivers for this market is the boosts immune system.
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 Group
- ZeinPharma Germany GmbH
