Press release
Future Growth of Herbal Medicine Market | Worldwide Key Players –Tsumura, Schwabe, Madaus, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural, Dabur, Herbal Africa, Nature's Answer, Bio-Botanica | Forecast till 2023
Herbal Medicine Market
Herbal Medicine Market is a medicinal system which uses plant or animal materials such as seeds, roots, leaves, bark, flowers, oils etc. for medicinal purposes. Herbalism has emerged from a long historical tradition of using nature for curing diseases. According to WHO estimates, almost 80% of population of many Asian and African countries depend on traditional medicine for primary health care.
Herbal medicine market is led by growth in segment of certain herbs such as Soy, Echinacea, aloe vera and horse chestnut. Ginko is another herb that has been driving the market for herbal medicine. Increasing demand of food supplements such as multivitamins, omega-3 acid, is expected to drive the market growth in the future. The legalization of cannabis in some countries such as US will give a boost to the market for herbal medicine. Fish oil, probiotics etc. are some of the emerging animal segment herbal medicines.
Product development and marketing are strong strategies for the growth of the market. We predict the MLM strategy for faster market uptake by the herbal medicine players to yield greatest benefit. MLM compensates the sales force for personal sales as well as for the sales of others they recruit, which creates a line of distributors and a hierarchy of multiple levels of compensation.
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Herbal medicine--also called botanical medicine or phytomedicine refers to using a plant's seeds, berries, roots, leaves, bark, or flowers for medicinal purposes. Herbalism has a long tradition of use outside of conventional medicine. It is becoming more mainstream as improvements in analysis and quality control along with advances in clinical research show the value of herbal medicine in the treating and preventing disease.
This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
Market Segment as follows: By Region / Countries- North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Russia, Spain etc), South America (Brazil, Argentina etc), Middle East & Africa (Saudi Arabia, South Africa etc). By Type- Medicine Function, Medicinal part, Active Ingredient, By End-User / Application- Western Herbalism, Traditional Chinese Medicine, Others.
Herbal medicine Global Players
Tsumura
Schwabe
Madaus
Weleda
Blackmores
Arkopharma
SIDO MUNCUL
Arizona Natural
Dabur
Herbal Africa
Nature's Answer
Bio-Botanica
Potter's
Zand
Nature Herbs
Imperial Ginseng
Yunnan Baiyao
Tongrentang
TASLY
Zhongxin
Kunming Pharma
Sanjiu
JZJT
Guangzhou Pharma
Taiji
Haiyao
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Major Table of Content
1 Global Herbal Medicine Market Research Report 2018
2 Global Herbal Medicine Market Competition by Manufacturers
3 Global Herbal Medicine Capacity, Production, Revenue (Value) by Region (2013-2018)
4 Global Herbal Medicine Supply (Production), Consumption, Export, Import by Region (2013-2018)
5 Global Herbal Medicine Production, Revenue (Value), Price Trend by Type
6 Global Herbal Medicine Market Analysis by Application
7 Global Herbal Medicine Manufacturers Profiles/Analysis
8 Herbal Medicine Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Herbal Medicine Market Forecast (2018-2023 )
13 Research Findings and Conclusion
14 Appendix
Key questions answered in the report:
What will the market growth rate of Herbal Medicine market in 2023 ?
What are the key factors driving the global Herbal Medicine market?
What are sales, revenue, and price analysis of top manufacturers of Herbal Medicine market?
Who are the distributors, traders and dealers of Herbal Medicine market?
Who are the key manufacturers in Herbal Medicine market space?
What are the Herbal Medicine market opportunities and threats faced by the vendors in the global Herbal Medicine market?
What are sales, revenue, and price analysis by types and applications of Herbal Medicine market?
What are sales, revenue, and price analysis by regions of Herbal Medicine market?
What are the market opportunities, market risk and market overview of the Herbal Medicine market?
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