
Herbal Medicine Market by Product (Herbal Beauty Product, Herbal Dietary Supplement, Herbal Functional Food), Form (Capsules & Tablets, Extracts, Powders), Source, Type of Medicinal Plant, Indication, Distribution Channel - Global Forecast 2024-2030
Description
Herbal Medicine Market by Product (Herbal Beauty Product, Herbal Dietary Supplement, Herbal Functional Food), Form (Capsules & Tablets, Extracts, Powders), Source, Type of Medicinal Plant, Indication, Distribution Channel - Global Forecast 2024-2030
The Herbal Medicine Market size was estimated at USD 125.06 billion in 2023 and expected to reach USD 134.60 billion in 2024, at a CAGR 7.72% to reach USD 210.59 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Herbal Medicine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Herbal Medicine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Herbal Medicine Market, highlighting leading vendors and their innovative profiles. These include Arizona Natural Products, ARKOPHARMA Laboratories Company Ltd., Bayer AG, Bio-Botanica Inc., Blackmores Limited, Blue Sky Botanics Ltd., Dasherb Corp., Dr. Willmar Schwabe GmbH & Co. KG, Elzac Herbals, Frutarom Industries Ltd., Kalsec, Inc., Madaus GmbH, Prinova Group LLC, PT. Haldin Pacific Semesta, Synergy Flavors, Inc., and Weleda Inc..
Market Segmentation & Coverage
This research report categorizes the Herbal Medicine Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Herbal Beauty Product
Herbal Dietary Supplement
Herbal Functional Food
Herbal Pharmaceutical
Form
Capsules & Tablets
Extracts
Powders
Syrups
Source
Barks Whole Plant
Fruit
Leaves
Roots
Type of Medicinal Plant
Actaea Racemosa
Aloe Vera
Camellia Sinensis
Cinnamomum Spp
Cocos Nucifera
Curcuma Longa
Echinacea
Marrubium Vulgare
Vaccinium Macrocarpon
Zingiber Officinale
Indication
Blood Disorders
Digestive Disorders
Respiratory Disorders
Distribution Channel
E-Commerce
Hospital & Retail Pharmacies
Specialty Pharmaceutical Stores & Labs
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Herbal Medicine Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Herbal Medicine Market?
3. What are the technology trends and regulatory frameworks in the Herbal Medicine Market?
4. What is the market share of the leading vendors in the Herbal Medicine Market?
5. Which modes and strategic moves are suitable for entering the Herbal Medicine Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Herbal Medicine Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand for natural medicines as an alternative to conventional medicine
- 5.1.1.2. Surging research funding for herbal medicines
- 5.1.2. Restraints
- 5.1.2.1. Higher risk of allergies and other adverse effects through the use of herbal medicine
- 5.1.2.2. Consequent confusion and trust issue among consumers
- 5.1.3. Opportunities
- 5.1.3.1. Increasing awareness among consumers and ongoing research activities
- 5.1.3.2. Growth opportunities with well-established distribution channel
- 5.1.4. Challenges
- 5.1.4.1. Lack of standardization among global entities
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Herbal Medicine Market, by Product
- 6.1. Introduction
- 6.2. Herbal Beauty Product
- 6.3. Herbal Dietary Supplement
- 6.4. Herbal Functional Food
- 6.5. Herbal Pharmaceutical
- 7. Herbal Medicine Market, by Form
- 7.1. Introduction
- 7.2. Capsules & Tablets
- 7.3. Extracts
- 7.4. Powders
- 7.5. Syrups
- 8. Herbal Medicine Market, by Source
- 8.1. Introduction
- 8.2. Barks Whole Plant
- 8.3. Fruit
- 8.4. Leaves
- 8.5. Roots
- 9. Herbal Medicine Market, by Type of Medicinal Plant
- 9.1. Introduction
- 9.2. Actaea Racemosa
- 9.3. Aloe Vera
- 9.4. Camellia Sinensis
- 9.5. Cinnamomum Spp
- 9.6. Cocos Nucifera
- 9.7. Curcuma Longa
- 9.8. Echinacea
- 9.9. Marrubium Vulgare
- 9.10. Vaccinium Macrocarpon
- 9.11. Zingiber Officinale
- 10. Herbal Medicine Market, by Indication
- 10.1. Introduction
- 10.2. Blood Disorders
- 10.3. Digestive Disorders
- 10.4. Respiratory Disorders
- 11. Herbal Medicine Market, by Distribution Channel
- 11.1. Introduction
- 11.2. E-Commerce
- 11.3. Hospital & Retail Pharmacies
- 11.4. Specialty Pharmaceutical Stores & Labs
- 12. Americas Herbal Medicine Market
- 12.1. Introduction
- 12.2. Argentina
- 12.3. Brazil
- 12.4. Canada
- 12.5. Mexico
- 12.6. United States
- 13. Asia-Pacific Herbal Medicine Market
- 13.1. Introduction
- 13.2. Australia
- 13.3. China
- 13.4. India
- 13.5. Indonesia
- 13.6. Japan
- 13.7. Malaysia
- 13.8. Philippines
- 13.9. Singapore
- 13.10. South Korea
- 13.11. Taiwan
- 13.12. Thailand
- 13.13. Vietnam
- 14. Europe, Middle East & Africa Herbal Medicine Market
- 14.1. Introduction
- 14.2. Denmark
- 14.3. Egypt
- 14.4. Finland
- 14.5. France
- 14.6. Germany
- 14.7. Israel
- 14.8. Italy
- 14.9. Netherlands
- 14.10. Nigeria
- 14.11. Norway
- 14.12. Poland
- 14.13. Qatar
- 14.14. Russia
- 14.15. Saudi Arabia
- 14.16. South Africa
- 14.17. Spain
- 14.18. Sweden
- 14.19. Switzerland
- 14.20. Turkey
- 14.21. United Arab Emirates
- 14.22. United Kingdom
- 15. Competitive Landscape
- 15.1. FPNV Positioning Matrix
- 15.2. Market Share Analysis, By Key Player
- 15.3. Competitive Scenario Analysis, By Key Player
- 16. Competitive Portfolio
- 16.1. Key Company Profiles
- 16.1.1. Arizona Natural Products
- 16.1.2. ARKOPHARMA Laboratories Company Ltd.
- 16.1.3. Bayer AG
- 16.1.4. Bio-Botanica Inc.
- 16.1.5. Blackmores Limited
- 16.1.6. Blue Sky Botanics Ltd.
- 16.1.7. Dasherb Corp.
- 16.1.8. Dr. Willmar Schwabe GmbH & Co. KG
- 16.1.9. Elzac Herbals
- 16.1.10. Frutarom Industries Ltd.
- 16.1.11. Kalsec, Inc.
- 16.1.12. Madaus GmbH
- 16.1.13. Prinova Group LLC
- 16.1.14. PT. Haldin Pacific Semesta
- 16.1.15. Synergy Flavors, Inc.
- 16.1.16. Weleda Inc.
- 16.2. Key Product Portfolio
- 17. Appendix
- 17.1. Discussion Guide
- 17.2. License & Pricing
- FIGURE 1. HERBAL MEDICINE MARKET RESEARCH PROCESS
- FIGURE 2. HERBAL MEDICINE MARKET SIZE, 2023 VS 2030
- FIGURE 3. HERBAL MEDICINE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HERBAL MEDICINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HERBAL MEDICINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HERBAL MEDICINE MARKET DYNAMICS
- FIGURE 7. HERBAL MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. HERBAL MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HERBAL MEDICINE MARKET SIZE, BY FORM, 2023 VS 2030 (%)
- FIGURE 10. HERBAL MEDICINE MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HERBAL MEDICINE MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
- FIGURE 12. HERBAL MEDICINE MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. HERBAL MEDICINE MARKET SIZE, BY TYPE OF MEDICINAL PLANT, 2023 VS 2030 (%)
- FIGURE 14. HERBAL MEDICINE MARKET SIZE, BY TYPE OF MEDICINAL PLANT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. HERBAL MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2030 (%)
- FIGURE 16. HERBAL MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. HERBAL MEDICINE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
- FIGURE 18. HERBAL MEDICINE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. AMERICAS HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. AMERICAS HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. UNITED STATES HERBAL MEDICINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 22. UNITED STATES HERBAL MEDICINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ASIA-PACIFIC HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. ASIA-PACIFIC HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. EUROPE, MIDDLE EAST & AFRICA HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 26. EUROPE, MIDDLE EAST & AFRICA HERBAL MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 27. HERBAL MEDICINE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 28. HERBAL MEDICINE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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