+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Herbal Medicine Market by Intervention, by Product Form, by Source, by Distribution Channel, and by Region

  • PDF Icon

    Report

  • 200 Pages
  • October 2024
  • Region: Global
  • Erevna Healthcare
  • ID: 6008248
The global herbal medicine market accounted for USD 70.61 billion in 2023 and is expected to reach at USD 571.66 billion by 2034 with a CAGR of 20.94% during the forecast period 2024-2034. The market will grow as a result of rising consumer interest in plant-based goods, government backing for traditional medicine, growing awareness of herbal medicines, and concerns about sustainability and the environment.

The benefits of using herbal remedies are becoming more widely known. The rising acceptance of complementary and alternative medicine (CAM) treatments is partially to blame for this. Natural remedies are becoming more and more popular as substitutes for prescription drugs, which frequently have negative side effects. For instance, A Singapore-based business called Eu Yan Sang International Ltd., which produces and markets traditional Chinese medicines, announced in April 2024 that Mitsui & Co., Ltd. will buy all of its interests in the company. The shares are expected to be worth 88 billion yen.

By intervention, the ayurveda segment accounted for the highest revenue-grossing segment in the global herbal medicine market in 2023 owing to the increasing global demand for traditional and natural health solutions, supported by extensive historical use and growing consumer trust in Ayurvedic practices. For instance, the Nigeria Natural Medicine Development Agency (NNMDA) produced four herbal medications that the Federal Government unveiled in March 2024 to cure upper respiratory tract infections, control diabetes, and slow down the aging process. Additionally, the apitherapy segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising awareness of the health benefits of bee products and increasing interest in natural and alternative treatments.

By product form, the tablet/capsules segment accounted for the highest revenue-grossing segment in the global herbal medicine market in 2023 owing to their convenience, precise dosing, and widespread consumer preference. For instance, the Phyto social enterprise (POSE) project was launched in February 2023 by FXB Rwanda and the National Industrial Research and Development Agency (NIRDA) with the goal of increasing the production of commodities and medicines based on herbs for local and regional use. Additionally, the powder form segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for versatile and easily customizable herbal supplement options.

By source, the roots segment accounted for the highest revenue-grossing segment in the global herbal medicine market in 2023 owing to the high efficacy and widespread use of root-based remedies in traditional medicine practices. For instance, Himalaya Wellness unveiled new herbal products, such Himalaya PureHands Hand Sanitizer and Himalaya PureHands Hand Wash, in March 2022 that are targeted towards immunity and wellness. Additionally, the leaves segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing popularity of herbal teas and dietary supplements derived from medicinal leaves.

By distribution channel, the direct sales channels segment accounted for the highest revenue-grossing segment in the global herbal medicine market in 2023 owing to the personalized customer service and strong consumer trust in direct purchase methods. For instance, in January 2022, Schwabe Group strengthened its position in the worldwide herbal medicine industry by expanding through strategic partnerships and acquisitions into the Asian market. Additionally, the e-sales segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing convenience of online shopping and the wider availability of herbal products on e-commerce platforms.

North American region is anticipated to have the highest revenue share during the forecast period owing to the growing consumer preference for natural health products and significant investments in herbal medicine research and development. Additionally, the Asia Pacific region is estimated to grow at the fastest CAGR during the forecast period owing to the rich tradition of herbal medicine, increasing consumer awareness, and rising adoption of holistic healthcare practices. For instance, in February 2022, Amazon India announced the opening of a special store on its marketplace that will sell only Ayurvedic supplements and medications made from herbs.

This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.

Report Scope:

  • Base Year: 2023
  • Forecast Period: 2024-2034
  • Study Coverage
  • Market Forecast by Intervention, Product Form, Source, and Distribution Channel
  • Market Forecast for 5 Regions and 17+ Countries
  • North America (U.S. and Canada)
  • Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA (South Africa, GCC, Rest of MEA)
  • Exhaustive Company Profiles of the Top 10+ Major Market Players
  • 20% Free Customization Available to Meet Your Exact Requirement

Segmentation: Herbal Medicine Market Report 2023 - 2034

Herbal Medicine Market Analysis & Forecast by Intervention 2023 - 2034 (Revenue USD Bn)

  • Ayurveda
  • Apitherapy
  • Bach Flower Therapy
  • Naturopathic Medicine
  • Traditional Chinese Medicine
  • Traditional Korean Medicine
  • Traditional Japanese Medicine
  • Traditional Mongolian Medicine
  • Traditional Tibetan Medicine
  • Zang Fu Theory

Herbal Medicine Market Analysis & Forecast by Product Form 2023 - 2034 (Revenue USD Bn)

  • Powder
  • Liquid/Gel
  • Tablets/Capsules
  • Others

Herbal Medicine Market Analysis & Forecast by Source 2023 - 2034 (Revenue USD Bn)

  • Barks
  • Leaves
  • Roots
  • Others

Herbal Medicine Market Analysis & Forecast by Distribution Channel 2023 - 2034 (Revenue USD Bn)

  • Direct Sales
  • E-sales

Herbal Medicine Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
  • Middle East & Africa
  • South Africa
  • GCC
  • Rest of MEA

Table of Contents

1. Research Methodology
1.1. Study Objectives
1.2. Study Scope
1.3. Research Assumptions
1.4. Research Framework
2. Introduction
2.1. Market Definition
2.2. Global Herbal Medicine Market Overview
3. Executive Summary
4. Market Environment Analysis
4.1. Porter’s 5 Forces Analysis
4.2. PESTEL Analysis
4.3. SWOT Analysis
5. Market Dynamics
5.1. Drivers Analysis
5.1.1. Increasing Health Awareness
5.1.2. Supportive Government Policies
5.1.3. Technological Advancements
5.1.4. Expanding Distribution Channels
5.2. Restraints Analysis
5.2.1. Regulatory Challenges
5.2.2. Quality Control Issues
5.2.3. Herb-Drug Interactions
5.3. Opportunities Analysis
5.3.1. Personalized Herbal Medicine
5.3.2. Innovative Product Development
5.3.3. Collaboration and Partnerships
5.4. Threats Analysis
5.4.1. Competition from Synthetic Drugs
5.4.2. Counterfeit Products
5.4.3. Herbal Misuse and Misinformation
5.5. Trend Analysis
5.5.1. Digital Health Platforms
5.5.2. Botanical Drug Development
5.5.3. Functional Food and Beverages
6. COVID-19 Impact Analysis
7. Herbal Medicine Market: Intervention Estimates & Trend Analysis
7.1. Intervention Segment Opportunity Analysis
7.2. Ayurveda
7.2.1. Ayurveda Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.3. Apitherapy
7.3.1. Apitherapy Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.4. Bach Flower Therapy
7.4.1. Bach Flower Therapy Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.5. Naturopathic Medicine
7.5.1. Naturopathic Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.6. Traditional Chinese Medicine
7.6.1. Traditional Chinese Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.7. Traditional Korean Medicine
7.7.1. Traditional Korean Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.8. Traditional Japanese Medicine
7.8.1. Traditional Japanese Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.9. Traditional Mongolian Medicine
7.9.1. Traditional Mongolian Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.10. Traditional Tibetan Medicine
7.10.1. Traditional Tibetan Medicine Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
7.11. Zang Fu Theory
7.11.1. Zang Fu Theory Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
8. Herbal Medicine Market: Product Form Estimates & Trend Analysis
8.1. Product Form Segment Opportunity Analysis
8.2. Powder
8.2.1. Powder Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
8.3. Liquid/Gel
8.3.1. Liquid/Gel Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
8.4. Tablets/Capsules
8.4.1. Tablets/Capsules Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
8.5. Others
8.5.1. Others Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
9. Herbal Medicine Market: Source Estimates & Trend Analysis
9.1. Source Segment Opportunity Analysis
9.2. Barks
9.2.1. Barks Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
9.3. Leaves
9.3.1. Leaves Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
9.4. Roots
9.4.1. Roots Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
9.5. Others
9.5.1. Others Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
10. Herbal Medicine Market: Distribution Channel Estimates & Trend Analysis
10.1. Distribution Channel Segment Opportunity Analysis
10.2. Direct Sales
10.2.1. Direct Sales Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
10.3. E-sales
10.3.1. E-sales Market Analysis & Forecast, 2023-2034 (Revenue, USD Bn)
11. Regional Market Analysis
11.1. Regional Market Opportunity Analysis
12. North America Herbal Medicine Market
12.1. North America Herbal Medicine Market
12.1.1. North America Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
12.1.2. North America Herbal Medicine Market Size and Forecast, By Country, 2023-2034 (Revenue USD Bn)
12.1.3. North America Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
12.1.4. North America Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
12.1.5. North America Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
12.1.6. North America Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
12.2. U.S. Global Herbal Medicine Market
12.2.1. U.S. Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
12.2.2. U.S. Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
12.2.3. U.S. Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
12.2.4. U.S. Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
12.2.5. U.S. Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
12.3. Canada Global Herbal Medicine Market
12.3.1. Canada Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
12.3.2. Canada Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
12.3.3. Canada Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
12.3.4. Canada Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
12.3.5. Canada Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13. Europe Global Herbal Medicine Market
13.1. Europe Global Herbal Medicine Market
13.1.1. Europe Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.1.2. Europe Herbal Medicine Market Size and Forecast, By Country, 2023-2034 (Revenue USD Bn)
13.1.3. Europe Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.1.4. Europe Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.1.5. Europe Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.1.6. Europe Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.2. Germany Global Herbal Medicine Market
13.2.1. Germany Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.2.2. Germany Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.2.3. Germany Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.2.4. Germany Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.2.5. Germany Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.3. UK Global Herbal Medicine Market
13.3.1. UK Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.3.2. UK Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.3.3. UK Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.3.4. UK Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.3.5. UK Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.4. France Global Herbal Medicine Market
13.4.1. France Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.4.2. France Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.4.3. France Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.4.4. France Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.4.5. France Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.5. Spain Global Herbal Medicine Market
13.5.1. Spain Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.5.2. Spain Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.5.3. Spain Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.5.4. Spain Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.5.5. Spain Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.6. Italy Global Herbal Medicine Market
13.6.1. Italy Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.6.2. Italy Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.6.3. Italy Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.6.4. Italy Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.6.5. Italy Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
13.7. Rest of Europe Global Herbal Medicine Market
13.7.1. Rest of Europe Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
13.7.2. Rest of Europe Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
13.7.3. Rest of Europe Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
13.7.4. Rest of Europe Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
13.7.5. Rest of Europe Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14. Asia Pacific Global Herbal Medicine Market
14.1. Asia Pacific Global Herbal Medicine Market
14.1.1. Asia Pacific Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.1.2. Asia Pacific Herbal Medicine Market Size and Forecast, By Country, 2023-2034 (Revenue USD Bn)
14.1.3. Asia Pacific Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.1.4. Asia Pacific Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.1.5. Asia Pacific Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.1.6. Asia Pacific Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.2. Japan Global Herbal Medicine Market
14.2.1. Japan Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.2.2. Japan Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.2.3. Japan Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.2.4. Japan Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.2.5. Japan Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.3. China Global Herbal Medicine Market
14.3.1. China Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.3.2. China Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.3.3. China Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.3.4. China Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.3.5. China Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.4. India Global Herbal Medicine Market
14.4.1. India Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.4.2. India Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.4.3. India Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.4.4. India Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.4.5. India Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.5. South Korea Global Herbal Medicine Market
14.5.1. South Korea Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.5.2. South Korea Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.5.3. South Korea Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.5.4. South Korea Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.5.5. South Korea Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.6. Australia Global Herbal Medicine Market
14.6.1. Australia Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.6.2. Australia Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.6.3. Australia Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.6.4. Australia Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.6.5. Australia Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
14.7. Rest of Asia Pacific Global Herbal Medicine Market
14.7.1. Rest of Asia Pacific Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
14.7.2. Rest of Asia Pacific Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
14.7.3. Rest of Asia Pacific Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
14.7.4. Rest of Asia Pacific Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
14.7.5. Rest of Asia Pacific Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
15. Latin America Global Herbal Medicine Market
15.1. Latin America Global Herbal Medicine Market
15.1.1. Latin America Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
15.1.2. Latin America Herbal Medicine Market Size and Forecast, By Country, 2023-2034 (Revenue USD Bn)
15.1.3. Latin America Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
15.1.4. Latin America Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
15.1.5. Latin America Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
15.1.6. Latin America Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
15.2. Brazil Global Herbal Medicine Market
15.2.1. Brazil Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
15.2.2. Brazil Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
15.2.3. Brazil Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
15.2.4. Brazil Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
15.2.5. Brazil Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
15.3. Mexico Global Herbal Medicine Market
15.3.1. Mexico Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
15.3.2. Mexico Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
15.3.3. Mexico Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
15.3.4. Mexico Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
15.3.5. Mexico Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
15.4. Argentina Global Herbal Medicine Market
15.4.1. Argentina Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
15.4.2. Argentina Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
15.4.3. Argentina Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
15.4.4. Argentina Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
15.4.5. Argentina Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
15.5. Rest of Latin America Global Herbal Medicine Market
15.5.1. Rest of Latin America Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
15.5.2. Rest of Latin America Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
15.5.3. Rest of Latin America Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
15.5.4. Rest of Latin America Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
15.5.5. Rest of Latin America Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
16. MEA Global Herbal Medicine Market
16.1. MEA Global Herbal Medicine Market
16.1.1. MEA Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
16.1.2. MEA Herbal Medicine Market Size and Forecast, By Country, 2023-2034 (Revenue USD Bn)
16.1.3. MEA Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
16.1.4. MEA Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
16.1.5. MEA Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
16.1.6. MEA Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
16.2. GCC Global Herbal Medicine Market
16.2.1. GCC Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
16.2.2. GCC Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
16.2.3. GCC Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
16.2.4. GCC Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
16.2.5. GCC Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
16.3. South Africa Global Herbal Medicine Market
16.3.1. South Africa Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
16.3.2. South Africa Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
16.3.3. South Africa Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
16.3.4. South Africa Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
16.3.5. South Africa Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
16.4. Rest of MEA Global Herbal Medicine Market
16.4.1. Rest of MEA Herbal Medicine Market Size and Forecast, 2023-2034 (Revenue USD Bn)
16.4.2. Rest of MEA Herbal Medicine Market Size and Forecast, By Intervention, 2023-2034 (Revenue USD Bn)
16.4.3. Rest of MEA Herbal Medicine Market Size and Forecast, By Product Form, 2023-2034 (Revenue USD Bn)
16.4.4. Rest of MEA Herbal Medicine Market Size and Forecast, By Source, 2023-2034 (Revenue USD Bn)
16.4.5. Rest of MEA Herbal Medicine Market Size and Forecast, By Distribution Channel, 2023-2034 (Revenue USD Bn)
17. Competitor Analysis
17.1. Company Market Share Analysis, 2023
17.2. Major Recent Developments
18. Company Profiles
18.1. Himalaya Wellness
18.2. Dabur India Ltd.
18.3. Patanjali Ayurved Limited
18.4. Schwabe Group
18.5. Bio-Botanica Inc.
18.6. Dr. Willmar Schwabe GmbH & Co. KG
18.7. Blackmores Limited
18.8. Nature's Bounty Co.
18.9. Nutraceutical Corporation
18.10. Weleda AG
18.11. Gaia Herbs
18.12. Nature's Way Products, LLC
18.13. Bioforce AG (A. Vogel)
18.14. Herbalife Nutrition Ltd.
18.15. Arjuna Natural Pvt Ltd.
19. Conclusion20. Recommendations

Companies Mentioned

  • Himalaya Wellness
  • Dabur India Ltd.
  • Patanjali Ayurved Limited
  • Schwabe Group
  • Bio-Botanica Inc.
  • Dr. Willmar Schwabe GmbH & Co. KG
  • Blackmores Limited
  • Nature's Bounty Co.
  • Nutraceutical Corporation
  • Weleda AG
  • Gaia Herbs
  • Nature's Way Products LLC
  • Bioforce AG (A. Vogel)
  • Herbalife Nutrition Ltd.
  • Arjuna Natural Pvt Ltd.

Table Information