Press release
Rising Demand For Traditional Chinese Medicines Fueling The Growth Of The Market Due To Growing Interest In Natural And Holistic Remedies: A Key Driver Powering Huoxiang Zhengqi For Covid 19 Market Growth In 2025
Huoxiang Zhengqi For Covid 19 Market Size
What Is the Current Huoxiang Zhengqi For Covid 19 Market Size and Its Estimated Growth Rate?
The market size for COVID-19 huoxiang zhengqi has experienced a quick expansion in the past few years. The industry is projected to boost from $1.38 billion in 2024, to $1.55 billion in 2025, which represents a compound annual growth rate (CAGR) of 12.8%. The historical development can be linked to a heightened demand for traditional Chinese medicine, improved public understanding of natural cures, an escalation in gastrointestinal symptom instances, an increasing requirement for immune-strengthening products, and a growth in COVID-19 cases.
The market size for huoxiang zhengqi for COVID-19 promises a quick expansion in the foroming years and is projected to reach the $2.48 billion mark by 2029, with a Compound Annual Growth Rate (CAGR) of 12.4%. This spike during the prediction period can be credited towards the growing favorability towards immune health s, the emerging practice of self-treatment for small-scale health problems, amplified demand for non-medication interventions, the exponential availability of traditional Chinese medicinal products on the online platforms, and the surging demand for customized health solutions. Highlighting advancements anticipated in the forecast period include technology-aided remote health diagnosis, creating innovative dosage forms, the development of cooperative formulations, integrating with telehealth platforms, and alignment with hospital COVID-19 treatment norms.
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How Are Emerging Segments Shaping the Huoxiang Zhengqi For Covid 19 Market Landscape?
The huoxiang zhengqi for covid 19 market covered in this report is segmented -
1) By Product Type: Liquid, Pills, Granules, Other Product Types
2) By Consumers: Health-Conscious Consumers, Individuals Seeking Immunity Support, Alternative Medicine Enthusiasts, Parents Purchasing For Children
3) By Usage Occasions: Preventive Health Use, During COVID 19 Symptoms, Post-Recovery Health Management, Seasonal Illness Protection
4) By Application: Hospitals, Clinics, Home Care, Other Applications
5) By Distribution Chanel, Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, Other Distribution Chanels
Subsegments:
1) By Liquid: Oral Liquid, Injectable Liquid
2) By Pills: Tablets, Capsules
3) By Granules: Single-Dose Granules, Multi-Dose Granules
4) By Other Product Types: Syrup, Powder For Solution
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Which Growth Factors Are Influencing Huoxiang Zhengqi For Covid 19 Market Expansion?
The growing popularity of traditional Chinese Medicines is anticipated to fuel the growth of the Huoxiang Zhengqi for COVID-19 market. Stemming from an ancient practice of healing, Traditional Chinese medicine (TCM) utilizes herbal treatments, acupuncture, massages, and therapy to promote good health and combat illness by balancing the body's energy. As customers start to show more interest in herbal and natural remedies due to their holistic approach to health and wellness, the demand for traditional Chinese medicine has been on the rise. The function of Huoxiang Zhengqi for COVID-19 in traditional Chinese medicine is to integrate beneficial herbal ingredients and provide a distinctive therapeutic approach, capable of strengthening the immune system and relieving symptoms associated with viral infections. An instance from January 2025 substantiates this, the National Library of Medicine, a US-based biomedical library, reported that the export value of traditional Chinese medicine including medicinal substances and plant extracts exceeded $1.933 billion in 2023. Consequently, this increased demand for traditional Chinese medicines is boosting the development of the Huoxiang Zhengqi for COVID-19 market. As the market experiences an upturn in the demand for herbal medicine, the growth factor for the Huoxiang Zhengqi for COVID-19 market is positively affected. Herbal medicine, known for using substances derived from plants or the plants themselves for medicinal or therapeutic benefits, is witnessing a growing demand as more consumers prefer natural remedies over artificial drugs due to fewer side effects, ensured safety, and general health benefits. By providing a traditional medicine, Huoxiang Zhengqi for COVID-19 contributes positively to herbal medicine and underlines the importance of herbal treatments in viral infection management. A report from HerbalGram, an American nonprofit organization, in September 2024 validates this, stating annual sales of herbal s escalated from $12.018 billion in 2022 to $12.551 billion the following year, marking a growth of 4.4%. This upward demand trajectory for herbal medicine predicts the growth of the Huoxiang Zhengqi for COVID-19 market.
Who Are the Dominant Players Across Different Huoxiang Zhengqi For Covid 19 Market Segments?
Major companies operating in the huoxiang zhengqi for covid 19 market are Yunnan Baiyao Group Co. Ltd., Beijing Tongrentang Co. Ltd., Taiji Group Chongqing Fuling Pharmaceutical Factory Co. Ltd, Zhangzhou Pientzehuang Pharmaceutical Co. Ltd, Tasly Pharmaceutical Group Co. Ltd., Harbin Pharmaceutical Group Co. Ltd., Guizhou Sanli Pharmaceutical Co. Ltd, China Shineway Pharmaceutical Group Limited, Hubei University of Chinese Medicine, Beijing University of Chinese Medicine, Wuhu Zhanghengchun Medicine Co. Ltd.
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Which Geographic Regions Are Expected to Dominate the Huoxiang Zhengqi For Covid 19 Market in the Coming Years?
Asia-Pacific was the largest region in the Huoxiang Zhengqi for COVID-19 market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the huoxiang zhengqi for covid 19 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Huoxiang Zhengqi For Covid 19 Market?
2. What is the CAGR expected in the Huoxiang Zhengqi For Covid 19 Market?
3. What Are the Key Innovations Transforming the Huoxiang Zhengqi For Covid 19 Industry?
4. Which Region Is Leading the Huoxiang Zhengqi For Covid 19 Market?
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