Press release
Global Herbal Medicinal Products Market: Size, Share, Analysis, Regional Outlook and Forecast 2020-2028 | Sanofi S.A, Himalaya Global Holdings Ltd., Arkopharma Laboratories, Integria Healthcare
Herbal Medicinal Products Market
The global herbal medicinal products market is likely to register a significant CAGR during the forecast period. The global market outlook section mainly contains essential dynamics of the target market which encompass major market drivers, restraints, opportunities and challenges faced by the market. Global herbal medicinal products market expenditure has been on a key growth over the current years. Moreover, the study offers other significant insights such as capabilities revitalization, equipment modernization, and augmented R&D activities for growth of the global herbal medicinal market.
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Scope of the Global Herbal Medicinal Products Market:
The research report on global herbal medicinal market provides a detailed analysis of upstream raw material, downstream demand, and equipment analysis extensively. Additionally, the global herbal medicinal market report also presents current market condition among value chain features, key players, and market price analysis discussed broadly. The report on herbal medicinal deeply studies various marketing channels and recent trends with present and future scenario of the market. Moreover, the market report also analyses competitive developments such as agreements, expansions, mergers and acquisitions, new product launches, and research & development activities in the market.
Herbal medicine also known as botanical or herbalism medicine uses plant or plants which can be eaten or applied to the skin. Since ancient times, such types of herbal medicinals have been used by the number of different cultures around the globe to treat sickness and to aidseveral body functions. The global herbal medicininal market is basically driven by the growing popularity of herbal therapeutics as compared to the conventional medicines. In addition to this, global herbal medicinal market for herbal remedies and medicines is likely to register a high growth due to their cost-effectiveness than the allopathic ones.
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Segment Analysis of the Global Herbal Medicinal Products Market
The global herbal medicinal products market is basically segmented into product type, medicine function, form, and geographical regions.
• On the basis of product type, the market segregated into traditional Chinese medicines, aromatherapy medicines, Ayurvedic medicines, homeopathic medicines, and others.
• On the basis of the medicine function, the herbal medicinal products market is segmented into cardiovascular health, gut & digestive health, general wellness, cognitive health, and others.
• On the basis of the form, herbal medicinal products market is segmented into powder, syrups, capsules, tablets, ointments, oils, and others.
Geographical Analysis of Global Herbal Medicinal Products Market
The globalherbal medicinal products market geographically segregated into North America, Europe, Asia Pacific, and the Middle East and Africa. Among these, Europe is dominating the largest share for herbal medicinal products market followed by Asia Pacific. Thus, Europe has been accounted for a greater consumption of herbal medicinal products due to rising awareness regarding the benefits of consuming herbal remedies.
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Recent Strategic Developments of Major Global Herbal Medicinal Products Market Players
• In November 2017, CANVAS, an Australian beauty brand extended its business in Singapore and formally appointed Maiko Pte Ltd to handle its marketing, sales, and brand-building activities. It will aid CANVAS to generate a stronger product portfolio.
• In September 2017, Dabur India, a major traditional medicine manufacturer partnered with Amazon to introduce ayurveda e-marketplace. Customers will gain easy access to conventional medicines and the growth of the market will escalate.
Competitive Landscape of the Global Herbal Medicinal Products Market
Global herbal medicinal products market is extremely fragmented and the leading players have used number of strategies such as new product launches, joint ventures, partnerships, expansions, agreements, acquisitions, and others to surge their footprints in this market. Some of the major participants currently working in the herbal medicinal products market are Himalaya Drug Company (India), Arkopharman (France), Blackmores (Australia), Schwabe (Germany), Madaus (Spain), TSUMURA & CO. (Japan), Ricola (Switzerland), Sheng Chang Pharmaceutical Company (Taiwan), Zandu Pharmaceutical Works Ltd (India), and Hamdard (India).
Market Segmentation:
By Product Type:
• Ayurvedic Medicines
• Homeopathic Medicines
• Chinese Medicines
• Aromatherapy
By Dosage Form:
• Syrups
• Tablets and Capsules
• Powder
• Others
By Distribution Channel:
• Hospital Pharmacies
• Retail Stores
• Specialty Clinics and Stores
• E-commerce
By Region:
North America Herbal Medicinal Products Market
• North America, by Country
o US
o Canada
o Mexico
• North America, by Product Type
• North America, by Dosage Form
• North America, by Distribution Channel
Europe Herbal Medicinal Products Market
• Europe, by Country
o Germany
o Russia
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Europe
• Europe, by Product Type
• Europe, by Dosage Form
• Europe, by Distribution Channel
Asia Pacific Herbal Medicinal Products Market
• Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Asia Pacific, by Product Type
• Asia Pacific, by Dosage Form
• Asia Pacific, by Distribution Channel
Middle East & Africa Herbal Medicinal Products Market
• Middle East & Africa, by Country
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
• Middle East & Africa, by Product Type
• Middle East & Africa, by Dosage Form
• Middle East & Africa, by Distribution Channel
South America Herbal Medicinal Products Market
• South America, by Country
o Brazil
o Argentina
o Colombia
o Rest of South America
• South America, by Product Type
• South America, by Dosage Form
• South America, by Distribution Channel
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 706 672 4848 +1 208 405 2835 / +44 121 364 6144 /
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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