The Global Herbal Medicine Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Herbal Medicine Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The Global Herbal Medicine Market Size Was Valued At USD 151.91 Billion In 2021. The Market Is Projected To Grow From USD 165.66 Billion In 2022 To USD 347.50 Billion By 2029, Exhibiting a CAGR Of 11.16% During The Forecast Period.
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Top Leading Companies of Global Herbal Medicine Market are
- Cultivator Natural Products Pvt. Ltd. (India)
- 21ST Century HealthCare, Inc. (U.S.)
- Herbalife Nutrition (U.S.)
- ZeinPharma Germany GmbH (Germany)
- Blackmores Limited (Australia)
- Himalaya Global Holdings Ltd. (India)
- Nutraceutical Corporation (U.S.)
- Emami Limited (India)
- Nature’s Answer, LLC. (U.S.)
- Patanjali Ayurved Limited (India)
- Others, and others.
Report Segments are:
By Application:
Pharmaceutical & Nutraceutical
Food & Beverages
Personal Care & Beauty Products
Others
By Form:
Powder
Liquid & Gel
Tablets & Capsules
Others
Recent Market Developments:
- November 2020 – Kunnath Pharmaceuticals, a manufacturer of herbal products from India, launched antiviral immunity booster capsules across India under the brand name ‘Viromune’. With this launch, the company plans to achieve sales of USD 266 million over the next three years.
- March 2021 – Lotus, one of India’s popular beauty companies, launches the Lotus Botanicals brand. This e-commerce brand allows consumers to order skin and hair care products from Lotus Botanicals only through Lotus Botanicals and other third-party e-commerce channels.
Global Herbal Medicine Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Herbal Medicine Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Herbal Medicine Market Forecast
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