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Global Herbal Medicine market was valued at $112.6 billion in 2019 with a CAGR of 5.9% from 2020 to 2026- Infinity Business Insights
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The global herbal medicine market is mainly classified based on type, application and distribution channel. Type is further segmented into Tablets & Capsules, Powders, Extracts, and Others. By application, the market is divided into Digestive Disorders, Respiratory Disorders, Blood Disorders, and Others. By distribution channel, the market is further divided into Hospitals and Retail Pharmacies, and E-commerce.
Based on type, powders showed significant growth in 2019, owing to the increasing adoption of herbal medicine, the partnership between companies to expand the presence of herbal medicine at the global scale, and commercialization of Certified Herbal Medicine. For instance, Farlong Pharmaceutical has introduced Steamed Notoginseng Powder. Steamed Notoginseng Powder for relieving fatigue, nourish the blood, improve immunity and promotes radiant skin. Farlong's Steamed Notoginseng Powder has received the first 7S Authentic Herbal Medicine Certification in China.
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Key players operating in the herbal medicine industry include Tsumura, Schwabe, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural, Dabur, Bio-Botanica, Potter’s, Zand, Nature Herbs, Tong Ren Tang, Tianjin Zhongxin Pharmaceutical Group Co., Ltd., and Himalaya.
Herbal Medicine Market Key Segments:
By Type
1 Tablets & Capsules
2 Powders
3 Extracts
4 Others
By Application
1. Digestive disorders
2. Respiratory disorders
3. Blood disorders
4. Others
By Distribution Channel
1. Hospitals and Retail Pharmacies
2. E-commerce
Key Global Herbal Medicine Industry Players
1 Tsumura
2 Schwabe
3 Weleda
4 Blackmores
5 Arkopharma
6 SIDO MUNCUL
7 Arizona Natural
8 Dabur
9 Bio-Botanica
10 Potter’s
11 Zand
12 Nature Herbs
13 Tong Ren Tang
14 Tianjin Zhongxin Pharmaceutical Group Co., Ltd.
15 Himalaya
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>> What Report Provides
. Full in-depth analysis of the parent Industry
. Important changes in market and its dynamics
. Segmentation details of the market
. Former, on-going, and projected market analysis in terms of volume and value
. Assessment of niche industry developments
. Market share analysis
. Key strategies of major players
. Emerging segments and regional growth potential
>> Browse Complete Herbal Medicine Market Report Details with TOC @ https://www.infinitybusinessinsights.com/reports/global-herbal-medicine-market-research-report---competitive-analysis-2016-2020-and-forecast-2021-2027-654260
>>Other Report-
> Global Organic Herbal Medicine Market Report - https://www.infinitybusinessinsights.com/reports/global-organic-herbal-medicine-market-report-2021-by-key-players-types-applications-countries-market-size-forecast-to-2027-based-on-2020-covid-19-worldwide-spread--525601
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
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