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Herbal Medicine Market Projected to Reach USD 550.75 Billion by 2034, Growing at a CAGR of 20.6%

12-02-2024 07:31 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Herbal Medicine Market

Herbal Medicine Market

๐‡๐ž๐ซ๐›๐š๐ฅ ๐Œ๐ž๐๐ข๐œ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐ก๐ž๐ซ๐›๐š๐ฅ ๐ฆ๐ž๐๐ข๐œ๐ข๐ง๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ ๐Ÿ–๐Ÿ’.๐Ÿ–๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ“๐Ÿ“๐ŸŽ.๐Ÿ•๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐ŸŽ.๐Ÿ”% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:
This comprehensive study provides an accurate overview of the worldwide herbal medicine market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by category, form, source, distribution channel, application, intervention, and region in the study, which offers a comprehensive picture of the state of the market.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/herbal-medicine-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Botanical medicine, also known as phytotherapy or herbal medicine, utilizes plants or plant extracts to treat different health issues. It is among the most ancient types of medicine. Herbal medicine makes use of different plant parts like leaves, flowers, roots, seeds, and bark to make natural remedies for enhancing health and healing illnesses. These solutions can be found in different formats like teas, pills, liquid extracts, and creams. Herbal medicine frequently utilizes a comprehensive method, seeking to address the entirety of an individual instead of solely focusing on the symptoms of an illness. This involves taking into account an individual's physical, emotional, and spiritual health.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:
โ— The increasing use of herbal dietary supplements, propelled by their positive effects on health, is greatly fueling market expansion. The shift in eating habits is causing harmful effects on health, as obesity and heart disease are on the rise, driving up the need for natural and organic products and boosting market profits.
โ— The cosmetic industry has been greatly affected by the move towards modernization, with market growth being driven by personal appearance. Basic grooming products like facial cleansers, body washes, hair products, and skincare items help to boost market revenue.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/623/0

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
Intense competition in the market requires top companies to rely on advanced technology, high-quality products, and a strong brand image to boost sales. Here are the top companies in the herbal medicine market:

โ€ข Arizona Natural Products
โ€ข Dasherb Corp
โ€ข Venus Pharma GmbH
โ€ข Himalaya Global Holdings Ltd.
โ€ข ZeinPharma Germany GmbH
โ€ข Schaper & Brรผmmer
โ€ข Hishimo Pharmaceuticals
โ€ข Blackmores Ltd.
โ€ข BEOVITA
โ€ข Bayer AG

Segmental Outlook:
By Category Outlook
โ€ข Herbal Functional Foods
โ€ข Herbal Dietary Supplements
โ€ข Herbal Pharmaceuticals
โ€ข Herbal Beauty Products

By Form Outlook
โ€ข Powders
โ€ข Tablets & Capsules
โ€ข Syrups
โ€ข Extracts
โ€ข Others

By Source Outlook
โ€ข Roots and Barks
โ€ข Fruits
โ€ข Leaves
โ€ข Whole Plants
โ€ข Others

By Distribution Channel Outlook
โ€ข E-commerce
โ€ข Hospitals & Retail Pharmacies

By Application Outlook
โ€ข Pharmaceutical & Nutraceutical
โ€ข Food & Beverages
โ€ข Personal Care & Beauty Products

By Intervention Outlook
โ€ข Apitherapy
โ€ข Ayurveda
โ€ข Bach Flower Therapy
โ€ข Traditional Korean Medicine
โ€ข Traditional Chinese Medicine
โ€ข Traditional Mongolian Medicine
โ€ข Traditional Tibetan Medicine
โ€ข Traditional Japanese Medicine
โ€ข Naturopathic Medicine
โ€ข Zang Fu Theory

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, in 2024, Europe led the global market due to its beneficial drug regulation policy, which is in the production and sale of herbal and natural remedies.
Also, during the projection period, Asia Pacific is anticipated to register the fastest CAGR. The growth is driven by a rich tradition of conventional health practices that establish it as a center for herbal medicine. The growing adoption of ancient healing methods is also driving market expansion in the region.

o North America (U.S., Canada)
o Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
o Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
o Latin America (Brazil, Mexico, Argentina)
o Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Congestive Heart Failure Market
https://www.polarismarketresearch.com/industry-analysis/global-congestive-heart-failure-market

Colorectal Cancer Market
https://www.polarismarketresearch.com/industry-analysis/global-colorectal-cancer-market

Sepsis Diagnostics Market
https://www.polarismarketresearch.com/industry-analysis/global-sepsis-diagnostics-market

Cystic Fibrosis Market
https://www.polarismarketresearch.com/industry-analysis/global-cystic-fibrosis-market

Diabetes Device Market
https://www.polarismarketresearch.com/industry-analysis/global-diabetes-device-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Likhil G
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Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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