Global Herbal Medicine Market Size study, by Product (Root, Leaf, Flower, Other), By End-User (Western Herbalism, Traditional Chinese Medicine, Others) and Regional Forecasts 2018-2025
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Product Code:
RP-ID-10074179 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
200 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-14
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Herbal Medicine Market to reach USD XX billion by 2025.
Global Herbal Medicine Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Herbal Medicine Market is continuously growing across the world over the coming years. The Herbal Medicines are a specific type of dietary supplements extracted from various parts of the plant which includes bark, leaves, seeds, berries and roots. Herbalism has emerged from a long historical tradition of utilizing nature for curing chronic and infectious diseases. The Herbal medicines are available in many dosage forms such as extracts, tablets, dried plants and others. Rise in prevalence of cardiovascular diseases which includes liver & heart diseases and surging aging population in both the developed and developing countries along with release of current good manufacturing practices for dietary supplements are the substantial driving factors of the market across the globe. In addition, recent technological advancements & rise in research & development investment in healthcare sector are the major factor which creating numerous opportunity in the market over the coming years. Herbal medicines are more affordable than conventional medicine, it strengthen the immune system, it is easier to obtain than prescription medicine, it stabilizes the hormone & metabolism and many more. These benefits are also propelling the demand of herbal medicines among its end-users across the world. However, lack of awareness among individuals regarding the use of & dosage of herbal medicines is one of the major factors which limiting the market growth of Herbal Medicine over the coming years.
The regional analysis of Global Herbal Medicine Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/dominant region in the global Herbal Medicine market due to increasing consumption of herbal medicine in developing countries such as India and China. Europe is the second largest region to grow in the Herbal Medicine market due to increasing disposable income of the individuals and rising demand for natural therapies in the region. North America is also expected to grow at higher growth / higher CAGR over the forecast period 2018-2025.
The major market player included in this report are:
• Tsumura
• Schwabe
• Madaus
• Weleda
• Blackmores
• Arkopharma
• Arizona Natural
• Dabur
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
 Root
 Leaf
 Flower
 Other
By End-User:
 Western Herbalism
 Traditional Chinese Medicine
 Others
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Herbal Medicine Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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Schwabe
Madaus
Weleda
Blackmores
Arkopharma
Arizona Natural
Dabur