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

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


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

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