Global Herbal Medicinal Products Industry Growth and Trends Forecast to 2031

Summary

Herbal Medicinal Products--also called botanical medicine or phytomedicine refers to using a plant's seeds, berries, roots, leaves, bark, or flowers for medicinal purposes. Herbalism has a long tradition of use outside of conventional medicine. It is becoming more mainstream as improvements in analysis and quality control along with advances in clinical research show the value of Herbal Medicinal Products in the treating and preventing disease.

According to APO Research, The global Herbal Medicinal Products market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Herbal Medicinal Products is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Herbal Medicinal Products is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Herbal Medicinal Products is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global companies of Herbal Medicinal Products include Tsumura, Schwabe, Madaus, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural and Dabur, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Herbal Medicinal Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Herbal Medicinal Products.

The Herbal Medicinal Products market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Herbal Medicinal Products market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Herbal Medicinal Products Segment by Company

Tsumura
Schwabe
Madaus
Weleda
Blackmores
Arkopharma
SIDO MUNCUL
Arizona Natural
Dabur
Herbal Africa
Nature’s Answer
Bio-Botanica
Potter’s
Zand
Nature Herbs
Imperial Ginseng
Yunnan Baiyao
Tongrentang
TASLY
Zhongxin
Kunming Pharma
Sanjiu
JZJT
Guangzhou Pharma
Taiji
Haiyao

Herbal Medicinal Products Segment by Type

Detoxification Medicine
Antipyretic Medicine
Aigestant Medicine
Blood Circulation Medicine
Others

Herbal Medicinal Products Segment by Application

Western Herbalism
Traditional Chinese Medicine
Others

Herbal Medicinal Products Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Herbal Medicinal Products market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Herbal Medicinal Products and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Herbal Medicinal Products.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Herbal Medicinal Products companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Herbal Medicinal Products Market Size Overview by Region 2020 VS 2024 VS 2031
1.4 Global Herbal Medicinal Products Market Size by Region (2020-2031)
1.4.1 Global Herbal Medicinal Products Market Size by Region (2020-2025)
1.4.2 Global Herbal Medicinal Products Market Size by Region (2026-2031)
1.5 Key Regions Herbal Medicinal Products Market Size (2020-2031)
1.5.1 North America Herbal Medicinal Products Market Size Growth Rate (2020-2031)
1.5.2 Europe Herbal Medicinal Products Market Size Growth Rate (2020-2031)
1.5.3 Asia-Pacific Herbal Medicinal Products Market Size Growth Rate (2020-2031)
1.5.4 South America Herbal Medicinal Products Market Size Growth Rate (2020-2031)
1.5.5 Middle East & Africa Herbal Medicinal Products Market Size Growth Rate (2020-2031)
2 Herbal Medicinal Products Market by Type

2.1 Type Introduction
2.1.1 Detoxification Medicine
2.1.2 Antipyretic Medicine
2.1.3 Aigestant Medicine
2.1.4 Blood Circulation Medicine
2.1.5 Others
2.2 Global Herbal Medicinal Products Market Size by Type
2.2.1 Global Herbal Medicinal Products Market Size Overview by Type (2020-2031)
2.2.2 Global Herbal Medicinal Products Historic Market Size Review by Type (2020-2025)
2.2.3 Global Herbal Medicinal Products Market Size Forecasted by Type (2026-2031)
2.3 Global Herbal Medicinal Products Market Size by Regions
2.3.1 North America Herbal Medicinal Products Market Size Breakdown by Type (2020-2025)
2.3.2 Europe Herbal Medicinal Products Market Size Breakdown by Type (2020-2025)
2.3.3 Asia-Pacific Herbal Medicinal Products Market Size Breakdown by Type (2020-2025)
2.3.4 South America Herbal Medicinal Products Market Size Breakdown by Type (2020-2025)
2.3.5 Middle East and Africa Herbal Medicinal Products Market Size Breakdown by Type (2020-2025)
3 Herbal Medicinal Products Market by Application

3.1 Type Introduction
3.1.1 Western Herbalism
3.1.2 Traditional Chinese Medicine
3.1.3 Others
3.2 Global Herbal Medicinal Products Market Size by Application
3.2.1 Global Herbal Medicinal Products Market Size Overview by Application (2020-2031)
3.2.2 Global Herbal Medicinal Products Historic Market Size Review by Application (2020-2025)
3.2.3 Global Herbal Medicinal Products Market Size Forecasted by Application (2026-2031)
3.3 Global Herbal Medicinal Products Market Size by Regions
3.3.1 North America Herbal Medicinal Products Market Size Breakdown by Application (2020-2025)
3.3.2 Europe Herbal Medicinal Products Market Size Breakdown by Application (2020-2025)
3.3.3 Asia-Pacific Herbal Medicinal Products Market Size Breakdown by Application (2020-2025)
3.3.4 South America Herbal Medicinal Products Market Size Breakdown by Application (2020-2025)
3.3.5 Middle East and Africa Herbal Medicinal Products Market Size Breakdown by Application (2020-2025)
4 Global Market Dynamics

4.1 Herbal Medicinal Products Industry Trends
4.2 Herbal Medicinal Products Industry Drivers
4.3 Herbal Medicinal Products Industry Opportunities and Challenges
4.4 Herbal Medicinal Products Industry Restraints
5 Competitive Insights by Company

5.1 Global Top Players by Herbal Medicinal Products Revenue (2020-2025)
5.2 Global Herbal Medicinal Products Industry Company Ranking, 2023 VS 2024 VS 2025
5.3 Global Herbal Medicinal Products Key Company Headquarters & Area Served
5.4 Global Herbal Medicinal Products Company, Product Type & Application
5.5 Global Herbal Medicinal Products Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Herbal Medicinal Products Market CR5 and HHI
5.6.2 Global Top 5 and 10 Herbal Medicinal Products Players Market Share by Revenue in 2024
5.6.3 2024 Herbal Medicinal Products Tier 1, Tier 2, and Tier 3
6 Company Profiles

6.1 Tsumura
6.1.1 Tsumura Comapny Information
6.1.2 Tsumura Business Overview
6.1.3 Tsumura Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.1.4 Tsumura Herbal Medicinal Products Product Portfolio
6.1.5 Tsumura Recent Developments
6.2 Schwabe
6.2.1 Schwabe Comapny Information
6.2.2 Schwabe Business Overview
6.2.3 Schwabe Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.2.4 Schwabe Herbal Medicinal Products Product Portfolio
6.2.5 Schwabe Recent Developments
6.3 Madaus
6.3.1 Madaus Comapny Information
6.3.2 Madaus Business Overview
6.3.3 Madaus Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.3.4 Madaus Herbal Medicinal Products Product Portfolio
6.3.5 Madaus Recent Developments
6.4 Weleda
6.4.1 Weleda Comapny Information
6.4.2 Weleda Business Overview
6.4.3 Weleda Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.4.4 Weleda Herbal Medicinal Products Product Portfolio
6.4.5 Weleda Recent Developments
6.5 Blackmores
6.5.1 Blackmores Comapny Information
6.5.2 Blackmores Business Overview
6.5.3 Blackmores Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.5.4 Blackmores Herbal Medicinal Products Product Portfolio
6.5.5 Blackmores Recent Developments
6.6 Arkopharma
6.6.1 Arkopharma Comapny Information
6.6.2 Arkopharma Business Overview
6.6.3 Arkopharma Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.6.4 Arkopharma Herbal Medicinal Products Product Portfolio
6.6.5 Arkopharma Recent Developments
6.7 SIDO MUNCUL
6.7.1 SIDO MUNCUL Comapny Information
6.7.2 SIDO MUNCUL Business Overview
6.7.3 SIDO MUNCUL Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.7.4 SIDO MUNCUL Herbal Medicinal Products Product Portfolio
6.7.5 SIDO MUNCUL Recent Developments
6.8 Arizona Natural
6.8.1 Arizona Natural Comapny Information
6.8.2 Arizona Natural Business Overview
6.8.3 Arizona Natural Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.8.4 Arizona Natural Herbal Medicinal Products Product Portfolio
6.8.5 Arizona Natural Recent Developments
6.9 Dabur
6.9.1 Dabur Comapny Information
6.9.2 Dabur Business Overview
6.9.3 Dabur Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.9.4 Dabur Herbal Medicinal Products Product Portfolio
6.9.5 Dabur Recent Developments
6.10 Herbal Africa
6.10.1 Herbal Africa Comapny Information
6.10.2 Herbal Africa Business Overview
6.10.3 Herbal Africa Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.10.4 Herbal Africa Herbal Medicinal Products Product Portfolio
6.10.5 Herbal Africa Recent Developments
6.11 Nature’s Answer
6.11.1 Nature’s Answer Comapny Information
6.11.2 Nature’s Answer Business Overview
6.11.3 Nature’s Answer Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.11.4 Nature’s Answer Herbal Medicinal Products Product Portfolio
6.11.5 Nature’s Answer Recent Developments
6.12 Bio-Botanica
6.12.1 Bio-Botanica Comapny Information
6.12.2 Bio-Botanica Business Overview
6.12.3 Bio-Botanica Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.12.4 Bio-Botanica Herbal Medicinal Products Product Portfolio
6.12.5 Bio-Botanica Recent Developments
6.13 Potter’s
6.13.1 Potter’s Comapny Information
6.13.2 Potter’s Business Overview
6.13.3 Potter’s Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.13.4 Potter’s Herbal Medicinal Products Product Portfolio
6.13.5 Potter’s Recent Developments
6.14 Zand
6.14.1 Zand Comapny Information
6.14.2 Zand Business Overview
6.14.3 Zand Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.14.4 Zand Herbal Medicinal Products Product Portfolio
6.14.5 Zand Recent Developments
6.15 Nature Herbs
6.15.1 Nature Herbs Comapny Information
6.15.2 Nature Herbs Business Overview
6.15.3 Nature Herbs Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.15.4 Nature Herbs Herbal Medicinal Products Product Portfolio
6.15.5 Nature Herbs Recent Developments
6.16 Imperial Ginseng
6.16.1 Imperial Ginseng Comapny Information
6.16.2 Imperial Ginseng Business Overview
6.16.3 Imperial Ginseng Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.16.4 Imperial Ginseng Herbal Medicinal Products Product Portfolio
6.16.5 Imperial Ginseng Recent Developments
6.17 Yunnan Baiyao
6.17.1 Yunnan Baiyao Comapny Information
6.17.2 Yunnan Baiyao Business Overview
6.17.3 Yunnan Baiyao Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.17.4 Yunnan Baiyao Herbal Medicinal Products Product Portfolio
6.17.5 Yunnan Baiyao Recent Developments
6.18 Tongrentang
6.18.1 Tongrentang Comapny Information
6.18.2 Tongrentang Business Overview
6.18.3 Tongrentang Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.18.4 Tongrentang Herbal Medicinal Products Product Portfolio
6.18.5 Tongrentang Recent Developments
6.19 TASLY
6.19.1 TASLY Comapny Information
6.19.2 TASLY Business Overview
6.19.3 TASLY Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.19.4 TASLY Herbal Medicinal Products Product Portfolio
6.19.5 TASLY Recent Developments
6.20 Zhongxin
6.20.1 Zhongxin Comapny Information
6.20.2 Zhongxin Business Overview
6.20.3 Zhongxin Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.20.4 Zhongxin Herbal Medicinal Products Product Portfolio
6.20.5 Zhongxin Recent Developments
6.21 Kunming Pharma
6.21.1 Kunming Pharma Comapny Information
6.21.2 Kunming Pharma Business Overview
6.21.3 Kunming Pharma Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.21.4 Kunming Pharma Herbal Medicinal Products Product Portfolio
6.21.5 Kunming Pharma Recent Developments
6.22 Sanjiu
6.22.1 Sanjiu Comapny Information
6.22.2 Sanjiu Business Overview
6.22.3 Sanjiu Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.22.4 Sanjiu Herbal Medicinal Products Product Portfolio
6.22.5 Sanjiu Recent Developments
6.23 JZJT
6.23.1 JZJT Comapny Information
6.23.2 JZJT Business Overview
6.23.3 JZJT Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.23.4 JZJT Herbal Medicinal Products Product Portfolio
6.23.5 JZJT Recent Developments
6.24 Guangzhou Pharma
6.24.1 Guangzhou Pharma Comapny Information
6.24.2 Guangzhou Pharma Business Overview
6.24.3 Guangzhou Pharma Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.24.4 Guangzhou Pharma Herbal Medicinal Products Product Portfolio
6.24.5 Guangzhou Pharma Recent Developments
6.25 Taiji
6.25.1 Taiji Comapny Information
6.25.2 Taiji Business Overview
6.25.3 Taiji Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.25.4 Taiji Herbal Medicinal Products Product Portfolio
6.25.5 Taiji Recent Developments
6.26 Haiyao
6.26.1 Haiyao Comapny Information
6.26.2 Haiyao Business Overview
6.26.3 Haiyao Herbal Medicinal Products Revenue, Global Share and Gross Margin (2020-2025)
6.26.4 Haiyao Herbal Medicinal Products Product Portfolio
6.26.5 Haiyao Recent Developments
7 North America

7.1 North America Herbal Medicinal Products Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2 North America Herbal Medicinal Products Market Size by Country (2020-2025)
7.3 North America Herbal Medicinal Products Market Size Forecast by Country (2026-2031)
8 Europe

8.1 Europe Herbal Medicinal Products Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2 Europe Herbal Medicinal Products Market Size by Country (2020-2025)
8.3 Europe Herbal Medicinal Products Market Size Forecast by Country (2026-2031)
9 Asia-Pacific

9.1 Asia-Pacific Herbal Medicinal Products Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2 Asia-Pacific Herbal Medicinal Products Market Size by Country (2020-2025)
9.3 Asia-Pacific Herbal Medicinal Products Market Size Forecast by Country (2026-2031)
10 South America

10.1 South America Herbal Medicinal Products Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2 South America Herbal Medicinal Products Market Size by Country (2020-2025)
10.3 South America Herbal Medicinal Products Market Size Forecast by Country (2026-2031)
11 Middle East & Africa

11.1 Middle East & Africa Herbal Medicinal Products Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2 Middle East & Africa Herbal Medicinal Products Market Size by Country (2020-2025)
11.3 Middle East & Africa Herbal Medicinal Products Market Size Forecast by Country (2026-2031)
12 Concluding Insights
13 Appendix

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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