openPR Logo
Press release

The global herbal medicine market is expected to grow at a CAGR of 5.88% during the forecast period 2018-2023 and top key players are ZeinPharma Germany GmbH, Dasherb Corp, Bayer AG, Arkopharma, Hishimo Pharmaceuticals,BEOVITA, Schaper & Brummer, Blackmor

03-14-2019 01:40 PM CET | Health & Medicine

Press release from: Kenneth Research

The global herbal medicine market is expected to grow at a CAGR

Global Herbal Medicine Market Information by Product Type (Herbal Pharmaceutical, Herbal Dietary Supplements, Herbal Functional Foods & Others), Type of Medicinal Plants (Aconitum ferox, Allium sativum, Andrographis paniculata, Commiphora weightii & Crocus sativus), By Form (Capsules & Tablets, Powder, Syrups and Extracts), By Source (Leaves, Roots & Barks, Whole Plant & Fruit), By Indication (Cardiovascular Disorders, Respiratory Disorders, Digestive Disorders and Hypnotics & Sedatives), By Distribution Channel (Hospital & Retail Pharmacies and E-Commerce), By Region (North America, Europe, Asia Pacific, The Middle East & Africa (MEA) and Latin America) - Forecast to 2023.
Market analysis

The growing usage of the herbal products is one of the major factors influencing the growth of the global herbal medicine market. Herbal products are highly used by the consumers owing to its health benefits. Also, herbal products include the natural ingredients which are highly preferred by the health conscious consumers. The global herbal medicine market is expected to grow at a CAGR of 5.88% during the forecast period (2018-2023).

Market segmentation

The global herbal medicine market based on its products, the global market has been classified into Herbal Pharmaceutical, Herbal Functional Foods, Herbal Dietary Supplements, Others. On the basis of its medicinal plants, the market is classified on the basis of Aconitum ferox (Ranunculaceae), Andrographis paniculata (Acanthaceae), Allium sativum (Liliaceae), Crocus sativus (Iridaceae), Commiphora weightii (Burseraceae). Based on its form, the market is segmented into powder, capsules and tablets, extracts and syrups. On the basis of its source, the market is classified into roots and barks, leaves, fruit and whole plant. Based on its indication, the market is bifurcated into Cardiovascular Disorders, Digestive Disorders, Respiratory Disorders, Hypnotics & Sedatives. On the basis of its distribution channel, the market is segmented as e-commerce and hospitals and retail pharmacies.

Request For Free Sample-

Regional analysis

Geographically, the global herbal medicine market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players
ZeinPharma Germany GmbH, Dasherb Corp, Bayer AG, Arkopharma, Hishimo Pharmaceuticals,BEOVITA, Schaper & Brummer, Blackmores, Dr. Willmar Schwabe India Pvt. Ltd., among others are some of the major players in the global herbal medicine market.
Table of Contents:

1 Report Prologue
2 Executive Summary
3 Market Introduction
3.1 Scope of Study
3.2 Research Objective
3.3 List of Assumptions
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing demand for natural medicines
5.2.2 Increasing research funding for herbal medicines
5.2.3 Multiple applications of herbal medicines
5.3 Restraints

Buy Now-

5.3.1 Side-effects and allergic reactions
5.3.2 Poor standardization
5.4 Opportunity
5.4.1 Relatively untapped markets of the Asia-Pacific region
6 Market Factor Analysis
6.1 Value Chain Analysis
6.1.1 Overview
6.1.2 R&D
6.1.3 Manufacturing
6.1.4 Distribution & Sales
6.1.5 Post-Sales Monitoring
6.2 Porter’s Five Forces Model
6.2.1 Overview
6.2.2 Threat of New Entrants
6.2.3 Bargaining Power of Suppliers
6.2.4 Threat of Substitutes
6.2.5 Bargaining Power of Buyers
6.2.6 Intensity of Rivalry
7 Global Herbal Medicine Market, by Category
7.1 Introduction
7.2 Herbal Pharmaceuticals
7.3 Herbal Functional Foods
7.4 Herbal Beauty Products
7.5 Herbal Dietary Supplements

Read More-

About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Phone: +1 313 462 0609

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The global herbal medicine market is expected to grow at a CAGR of 5.88% during the forecast period 2018-2023 and top key players are ZeinPharma Germany GmbH, Dasherb Corp, Bayer AG, Arkopharma, Hishimo Pharmaceuticals,BEOVITA, Schaper & Brummer, Blackmor here

News-ID: 1654654 • Views: 142

More Releases from Kenneth Research

Seasonal Influenza Vaccine Market Hitting New Highs Explored In Latest Research …
Seasonal Influenza Vaccine Market is expected to reach more than US$ 4 Billion across the seven major markets (7MM) of the United States, France, Germany, Italy, Spain, United Kingdom and Japan by the year end of 2022. Market growth can be attributed to factors such as increased disease awareness, expanded recommendations by governmental and advisory bodies to be vaccinated against seasonal influenza, introduction of quadrivalent influenza vaccines, increase in the
Aircraft MRO Software Market – Drivers, Restraints, Opportunities, Trends, and …
Aircraft MRO software suit include software components for maintenance scheduling, maintenance tracking, budget forecasting, log book tracking, flight time tracking, manuals, work order management, service bulletins management, and electronic task card management. It also includes features aiding compliance with regulatory agencies like ICAO and FAA. One of the key objectives of MRO software is to reduce downtime and to streamline maintenance processes. Most of the MRO software providers provide services
Intraoperative Neurophysiological Monitoring (IONM) Market Growth, Top Competito …
Intraoperative Neurophysiological Monitoring (IONM) as the name suggests is a monitoring technique which refers to a group of procedures used during surgery to monitor neural pathways during high-risk neurosurgical, orthopedic, peripheral nerve, and vascular surgeries. These procedures assist surgeons in preventing damage and preserving functionality of the nervous system. IONM is used in most of the surgical procedures. Similar techniques as used in IONM are now used in a few
Smart Classroom Market Current Scenario, Top Manufacture And Challenges 2018-202 …
Global Smart Classroom Market valued approximately USD 50.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 10.1 % over the forecast period 2018-2025. The major driving factor of smart classroom are growing demand across end-user industries, increasing application of smart devices and increasing thrust on developing novel methods. The major restraining factors of smart classroom market is lack of awareness among the end-users.

All 5 Releases

More Releases for Herbal

Herbal Supplement Market Opportunity Analysis by 2021
Herbal medicines include herbal supplements, herbs, herbal preparations, and finished herbal products. Herbal supplement is one of the types of dietary supplements that is made from natural plants. It is also a popular traditional medical treatment. Herbal supplement is not considered as drugs and therefore not regulated as drug by any drug regulations such as Food and Drug Agency (FDA). Herbal supplements are available in capsules, powders and liquids. Consumers
Global Herbal Tea Market Growth after 2017
Qyresearchreports include new market research report Global Herbal Tea Market Research Report 2017 to its huge collection of research reports. The market intelligence report of this market demonstrates numerous factors that affect the global Herbal Tea market negatively or positively. It also enunciates the upcoming prospects and contemporary data alike to be present in the corresponding market stating the elements at play in this market. The key purpose of this report
Global Herbal Soap Market Research Report 2017
Qyresearchreports include new market research report "Global Herbal Soap Market Research Report 2017" to its huge collection of research reports. The research report on the global market for Herbal Soap analyzes the most significant aspects of the market, offering valid decisive data including market projections. The compound annual growth rate (CAGR) of the overall market has been estimated to present a clear picture of the scope for expansion. Moreover, the report
MarketResearchReports.Biz presents this most up-to-date research on "GLOBAL Herbal Tea MARKET REPORT 2017" Description The major players in global Herbal Tea market include Coca Cola, Associated British Foods, Unilever, Bettys & Taylors Group, Teavana, London Fruit & Herb, Steepster, Sencha, Bancha, Dragon Well, Pi Lo Chun, Mao Feng, Xinyang Maojian, Anji Green Tea Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%)
Herbal Supplements: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Herbal Supplements: Global Market Intelligence to its growing collection of premium market research reports. The report “Herbal Supplements: Global Market Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2)
Global Herbal Supplements Market 2016-2020
About Herbal Supplements A type of dietary supplement made of herbs, or when parts of herbs are used in supplements for scent, flavor, or potential therapeutic properties. In dietary supplements, the demand for herbal supplements is growing because of the growing demand for natural products. Technavios analysts forecast the global herbal supplements market to grow at a CAGR of 6.29% during the period 2016-2020. Covered in this report The report covers the present