Press release
Herbal Medicines Market is Witnessing High Demand Due to Increase in Prevalence of Liver and Heart Diseases
Herbal Medicines Market
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According to a new report published by Allied Market Research, titled, “Herbal Medicines Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023”, the global market is witnessing hug growth in forecast period.
Herbal medicines are a type of dietary supplements extracted from different parts of the plant such as leaves, bark, seeds, berries, and roots. Herbal medicines are available in various dosage forms such as tablets, extracts, dried plants, and others.
Top Dominating Factors:
Increase in prevalence of liver and heart diseases drive the market. However, low awareness among individuals regarding the use and dosage of herbal medicines impede the market growth. Moreover, recent technological advancements and increase in R&D investment in healthcare sector create lucrative opportunities for key market players.
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Segment Overview:
The global herbal medicines market is segmented based on product type, application, and geography. Based on product type, the market is divided into medicinal part, medicine function, and active ingredient. Based on application, the market is classified into western herbalism, traditional Chinese medicine, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players such as Bio-Botanica Inc., Blackmores, Dabur Ltd., Guangzhou Pharma Co, Haiyao Co., Ltd., Genius Nature Herbs Pvt Ltd, Nature's Answer, Inc., Potter's Herbals, PT Industri Jamu and Pharmaceutical Sido Muncul, and Tbk, Sanjiu Medical & Pharmaceutical Co., Ltd. are also provided in the report.
Access full summary: https://www.alliedmarketresearch.com/herbal-medicines-market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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