Press release
Herbal Medicine Market to reach USD 460.53 Bn by 2029, emerging at a CAGR of 12 percent and forecast 2023-2029
Herbal Medicine Market
Herbal medicine is the study and practice of using plants for medicinal and therapeutic purposes. These medicinal products are extracted from various parts of plants, including seeds, roots, berries, leaves, and bark, and are available in different forms such as dried plants, tablets, extracts, and more.
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Herbal Medicine Market Research Methodology
Our comprehensive report employs a robust research methodology to provide valuable insights into the Herbal Medicine Market. For more detailed information, please request a free sample report.
What are Herbal Medicine Market Dynamics:
The Herbal Medicine Market is characterized by a dynamic landscape driven by several key factors that influence its growth, trends, and outlook. Understanding these dynamics is crucial for industry stakeholders, investors, and decision-makers.
Herbal Medicine Market Regional Insights:
Europe led the market with a 41.5% share in 2022, and it is expected to witness significant growth at a CAGR of 12% during the forecast period. The demand for natural ingredients and the growth of the personal care and beauty products segment are driving factors. In North America, particularly the United States, a growing awareness of health and a shift towards natural care products are contributing to market growth.
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What is Herbal Medicine Market Segmentation:
by Application
Food & Beverages
Personal Care & Beauty Applications
Pharmaceutical & Nutraceutical
by Form
Liquid & Gel
Tablets & Capsules
Powder
by Category
Herbal Pharmaceuticals
Herbal Functional Foods
Herbal Beauty Products
Herbal Dietary Supplements
by Source
Leaves
Root Barks
Whole Plants
Fruits
by Distribution Channel
Hospital & Retail Pharmacies
E-Commerce
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Who are the Herbal Medicine Market Key Players:
1. Nature's Answer
2. Potter's Herbals
3. Bio-Botanica Inc.
4. Blackmores
5. Dabur Ltd.
6. PT Industri Jamu and Pharmaceutical Sido Muncul, and Tbk
7. Haiyao Co., Ltd.
8. Genius Nature Herbs Pvt Ltd.
9. Guangzhou Pharma Co.
10. Sanjiu Medical & Pharmaceutical
11. Bayer AG
12. Arkopharma
13. Venus Pharma GmbH
14. Schaper & Brummer
15. Beovita
16. ZeinPharma Germany GmbH
17. Arizona Natural Applications
18. Dasherb Corp.
19. Hishimo Pharmaceuticals
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The table of content for the Herbal Medicine Market includes:
1. Global Herbal Medicine Market: Research Methodology
2. Global Herbal Medicine Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Herbal Medicine Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by Region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size, and Forecast by Different Segments | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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