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Herbal Medicinal Products Market Size, Share, and Outlook, 2025 Report- By Type (Detoxification Medicine, Antipyretic Medicine, Digestant Medicine, Blood Circulation Medicine), End-User (Pharmaceuticals and Nutraceuticals, Food and Beverages, Personal Car

Publisher VPA Research
Published Jun 01, 2025
Length 185 Pages
SKU # VPA20046124

Description

Herbal Medicinal Products Market Outlook

The global Herbal Medicinal Products market is expected to register a growth rate of 19.2% during the forecast period from $98.5 Billion in 2024 to $401.5 Billion in 2032. The Herbal Medicinal Products market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Herbal Medicinal Products segments across 22 countries from 2021 to 2032. Key segments in the report include By Type(Detoxification Medicine, Antipyretic Medicine, Digestant Medicine, Blood Circulation Medicine), End-User (Pharmaceuticals and Nutraceuticals, Food and Beverages, Personal Care and Beauty Products, Others), Form (Powder, Liquid, Tablets, Capsules, Extracts, Others), Source (Root Barks, Leaves, Whole Plants, Fruits). Over 70 tables and charts showcase findings from our latest survey report on Herbal Medicinal Products markets.

Herbal Medicinal Products Market Insights, 2025

The herbal medicinal products market is growing steadily as global consumers seek plant-based alternatives for managing chronic conditions, immunity, and stress. With rising skepticism toward synthetic pharmaceuticals and growing interest in holistic health, herbal remedies like turmeric, ashwagandha, ginseng, and echinacea are becoming part of mainstream health routines. The COVID-19 pandemic further amplified interest in herbal immunity boosters, leading to surging demand for supplements, teas, syrups, and tinctures. Pharmaceutical and nutraceutical companies—including Himalaya Wellness, Schwabe, and Nature’s Way—are investing in clinical trials, standardization processes, and GMP-certified manufacturing to align with stricter regulatory requirements. In countries like Germany, India, and China, herbal medicine is deeply embedded in healthcare systems, while Western markets are increasingly embracing integrative practices. As e-commerce expands access and functional packaging formats improve shelf life and dosage convenience, the herbal medicinal segment is poised for long-term growth.

Five Trends that will define global Herbal Medicinal Products market in 2025 and Beyond

A closer look at the multi-million global market for Herbal Medicinal Products identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Herbal Medicinal Products companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Herbal Medicinal Products industry?

The Herbal Medicinal Products sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Herbal Medicinal Products Market Segment Insights

The Herbal Medicinal Products industry presents strong offers across categories. The analytical report offers forecasts of Herbal Medicinal Products industry performance across segments and countries. Key segments in the industry include- By Type(Detoxification Medicine, Antipyretic Medicine, Digestant Medicine, Blood Circulation Medicine), End-User (Pharmaceuticals and Nutraceuticals, Food and Beverages, Personal Care and Beauty Products, Others), Form (Powder, Liquid, Tablets, Capsules, Extracts, Others), Source (Root Barks, Leaves, Whole Plants, Fruits). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Herbal Medicinal Products market size outlook is provided for 22 countries across these regions.

Market Value Chain

The chapter identifies potential companies and their operations across the global Herbal Medicinal Products industry ecosystem. It assists decision-makers in evaluating global Herbal Medicinal Products market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Herbal Medicinal Products industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Herbal Medicinal Products Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Herbal Medicinal Products Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Herbal Medicinal Products with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Herbal Medicinal Products market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Herbal Medicinal Products market Insights- Executives are most excited about opportunities for the US Herbal Medicinal Products industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Herbal Medicinal Products companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Herbal Medicinal Products market.

Latin American Herbal Medicinal Products market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Herbal Medicinal Products Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Herbal Medicinal Products markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Herbal Medicinal Products markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Herbal Medicinal Products companies outcompete in 2025?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Dermapharm Holding SE, Hishimo Pharmaceuticals Pvt. Ltd., Schaper and Brümmer GmbH and Co. KG, ZeinPharma GmbH, Venus Pharma GmbH, Dasherb Corp., Arizona Natural Products, Bayer Aktiengesellschaft, Beovita d.o.o., Himalaya Global Holdings Ltd.

Herbal Medicinal Products Market Scope

Leading Segments

By Type

Detoxification Medicine

Antipyretic Medicine

Digestant Medicine

Blood Circulation Medicine

By End-User

Pharmaceuticals and Nutraceuticals

Food and Beverages

Personal Care and Beauty Products

Others

By Form

Powder

Liquid

Tablets

Capsules

Extracts

Others

By Source

Root Barks

Leaves

Whole Plants

Fruits

Leading Companies

Dermapharm Holding SE

Hishimo Pharmaceuticals Pvt. Ltd.

Schaper and Brümmer GmbH and Co. KG

ZeinPharma GmbH

Venus Pharma GmbH

Dasherb Corp.

Arizona Natural Products

Bayer Aktiengesellschaft

Beovita d.o.o.

Himalaya Global Holdings Ltd

Geographies

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others

Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others

Latin America- Brazil, Argentina, Others

Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa

Reasons to Buy the report
  • Make informed decisions through long and short-term forecasts across 22 countries and segments.
  • Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
  • Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
  • Get an integrated understanding of the entire market ecosystem and companies.
  • Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
  • Get free Excel spreadsheet and PPT versions along with the report PDF.

Table of Contents

185 Pages
1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Herbal Medicinal Products Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Herbal Medicinal Products Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Herbal Medicinal Products Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Herbal Medicinal Products Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Herbal Medicinal Products Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Type
Detoxification Medicine
Antipyretic Medicine
Digestant Medicine
Blood Circulation Medicine
By End-User
Pharmaceuticals and Nutraceuticals
Food and Beverages
Personal Care and Beauty Products
Others
By Form
Powder
Liquid
Tablets
Capsules
Extracts
Others
By Source
Root Barks
Leaves
Whole Plants
Fruits
6. Global Herbal Medicinal Products Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Herbal Medicinal Products Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Herbal Medicinal Products Market Trends and Growth Opportunities
6.2.1 North America Herbal Medicinal Products Market Outlook by Type
6.2.2 North America Herbal Medicinal Products Market Outlook by Application
6.3 North America Herbal Medicinal Products Market Outlook by Country
6.3.1 The US Herbal Medicinal Products Market Outlook, 2021- 2032
6.3.2 Canada Herbal Medicinal Products Market Outlook, 2021- 2032
6.3.3 Mexico Herbal Medicinal Products Market Outlook, 2021- 2032
7. Europe Herbal Medicinal Products Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Herbal Medicinal Products Market Trends and Growth Opportunities
7.2.1 Europe Herbal Medicinal Products Market Outlook by Type
7.2.2 Europe Herbal Medicinal Products Market Outlook by Application
7.3 Europe Herbal Medicinal Products Market Outlook by Country
7.3.2 Germany Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.3 France Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.4 The UK Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.5 Spain Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.6 Italy Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.7 Russia Herbal Medicinal Products Market Outlook, 2021- 2032
7.3.8 Rest of Europe Herbal Medicinal Products Market Outlook, 2021- 2032
8. Asia Pacific Herbal Medicinal Products Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Herbal Medicinal Products Market Trends and Growth Opportunities
8.2.1 Asia Pacific Herbal Medicinal Products Market Outlook by Type
8.2.2 Asia Pacific Herbal Medicinal Products Market Outlook by Application
8.3 Asia Pacific Herbal Medicinal Products Market Outlook by Country
8.3.1 China Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.2 India Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.3 Japan Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.4 South Korea Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.5 Australia Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.6 South East Asia Herbal Medicinal Products Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Herbal Medicinal Products Market Outlook, 2021- 2032
9. South America Herbal Medicinal Products Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Herbal Medicinal Products Market Trends and Growth Opportunities
9.2.1 South America Herbal Medicinal Products Market Outlook by Type
9.2.2 South America Herbal Medicinal Products Market Outlook by Application
9.3 South America Herbal Medicinal Products Market Outlook by Country
9.3.1 Brazil Herbal Medicinal Products Market Outlook, 2021- 2032
9.3.2 Argentina Herbal Medicinal Products Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Herbal Medicinal Products Market Outlook, 2021- 2032
10. Middle East and Africa Herbal Medicinal Products Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Herbal Medicinal Products Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Herbal Medicinal Products Market Outlook by Type
10.2.2 Middle East and Africa Herbal Medicinal Products Market Outlook by Application
10.3 Middle East and Africa Herbal Medicinal Products Market Outlook by Country
10.3.1 Saudi Arabia Herbal Medicinal Products Market Outlook, 2021- 2032
10.3.2 The UAE Herbal Medicinal Products Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Herbal Medicinal Products Market Outlook, 2021- 2032
10.3.4 South Africa Herbal Medicinal Products Market Outlook, 2021- 2032
10.3.5 Egypt Herbal Medicinal Products Market Outlook, 2021- 2032
10.3.6 Rest of Africa Herbal Medicinal Products Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
Dermapharm Holding SE
Hishimo Pharmaceuticals Pvt. Ltd.
Schaper and Brümmer GmbH and Co. KG
ZeinPharma GmbH
Venus Pharma GmbH
Dasherb Corp.
Arizona Natural Products
Bayer Aktiengesellschaft
Beovita d.o.o.
Himalaya Global Holdings Ltd
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details
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