Press release
Herbal Medicine Market 2018: Global Industry Analysis By Top Key Players (Tsumura, Schwabe, Madaus, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural, Dabur) and Forecast
Over the next five years Herbal Medicine will register a 8.0% CAGR in terms of revenue, reach US$ 1980300 million by 2023, from US$ 1250700 million in 2017.The Global Herbal Medicine Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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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.
Herbal medicine industry is dispersive relatively. Currently, there are many producing companies in the world herbal medicine industry. The main market players are Tsumura, Schwabe, Madaus, Yunnan Baiyao, Tongrentang and TASLY. The sales of herbal medicine increase to 763382 MT in 2018 from 636621 MT in 2013 with average growth rate of 3.70%.
Traditional herbal medicines are naturally occurring, plant-derived substances with minimal or no industrial processing that have been used to treat illness within local or regional healing practices.
In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 72.36% of the global consumption volume in total.
Herbal medicine has many types, which include detoxification medicine, antipyretic medicine, Digestant medicine, blood circulation medicine, and others. With fewer side effects of herbal medicine treatment, it will be more and more popular. So, herbal medicine has a huge market potential in the future.
The Key Manufacturers Covered:
• Tsumura
• Schwabe
• Madaus
• Weleda
• Blackmores
• Arkopharma
• SIDO MUNCUL
• Arizona Natural
• Dabur
• Herbal Africa and More....
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Segmentation by product type:
• Medicine Function
• Medicinal part
• Active Ingredient
Segmentation by application:
• Western Herbalism
• Traditional Chinese Medicine
• Others
Research objectives
• Focuses on the key global Herbal Medicine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Herbal Medicine with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Herbal Medicine submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market and More…
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Herbal Medicine Consumption 2013-2023
2.1.2 Herbal Medicine Consumption CAGR by Region
2.2 Herbal Medicine Segment by Type
2.2.1 Medicine Function
2.2.2 Medicinal part
2.2.3 Active Ingredient
2.3 Herbal Medicine Consumption by Type
2.3.1 Global Herbal Medicine Consumption Market Share by Type (2013-2018)
2.3.2 Global Herbal Medicine Revenue and Market Share by Type (2013-2018)
3 Global Herbal Medicine by Players
3.1 Global Herbal Medicine Sales Market Share by Players
3.1.1 Global Herbal Medicine Sales by Players (2016-2018)
3.1.2 Global Herbal Medicine Sales Market Share by Players (2016-2018)
3.2 Global Herbal Medicine Revenue Market Share by Players
3.2.1 Global Herbal Medicine Revenue by Players (2016-2018)
3.2.2 Global Herbal Medicine Revenue Market Share by Players (2016-2018)
3.3 Global Herbal Medicine Sale Price by Players
TOC Continued….!
Tables And Figures
• Figure Picture of Herbal Medicine
• Table Product Specifications of Herbal Medicine
• Figure Herbal Medicine Report Years Considered
• Figure Market Research Methodology
• Figure Global Herbal Medicine Consumption Growth Rate 2013-2023 (MT)
• Figure Global Herbal Medicine Value Growth Rate 2013-2023 ($ Millions)
• Table Herbal Medicine Consumption CAGR by Region 2013-2023 ($ Millions)
• Figure Product Picture of Medicine Function and More….
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