Medicinal Herbs Market

Medicinal Herbs Market Analysis By Type (Horsetail, Dandelion, Echinacea, Valerian, St. John’s Wort, Lemon Balm, Yarrow, Calendula, Peppermint, Spearmint, Marshmallow Wintergreen), By Nature (Organic, Conventional), By Form (Whole, Powder, Liquid), By End Use (Medicinal Tea, Health Supplements, Nutritive Jam, Herbal Medicines, Cosmeceuticals) and Region - Global Market Insights 2023 to 2033


Medicinal Herbs Market - Scope of Report

A recent study by Fact.MR on the medicinal herbs market offers a 10-year forecast for 2023 to 2033. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering medicinal herbs.

The study also provides the dynamics responsible for influencing the future status of the medicinal herbs market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the medicinal herbs market, along with their product portfolios, key strategies and SWOT analysis, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of medicinal herbs across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of medicinal herbs during the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of value (US$ Mn).

Estimates at global and regional levels for medicinal herbs are available in terms of “US$ Mn” for value. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.

Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global medicinal herbs market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the medicinal herbs market during the forecast period.

Country-specific valuation on demand for medicinal herbs has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition

The report sheds light on leading manufacturers of medicinal herbs, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering medicinal herbs has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the medicinal herbs domain.


1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Summary of Key Findings
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.1.1. Taxonomy
2.2. Market Definition
2.2.1. Scope
2.2.2. Limitations
3. Key Market Trends
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Market
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.2.1. Change in Demand and Consumption Growth
3.1.2.2. Before and After COVID-19 Crisis (Projected)
3.1.2.3. Before and after SARS Pandemic (Actual)
3.1.2.4. Before and After Sub-prime Crisis – 2008 (Actual)
3.1.2.5. Change in Demand post Recovery Period (After Each Crisis)
3.1.3. Impact on Market Value (US$ Mn)
3.1.3.1. Likely Loss of Value in 2022
3.1.3.2. Mid-term and Long Term Forecast
3.1.3.3. Quarter by Quarter Dip and Recovery Assessment
3.1.4. Anticipated Demand and Value Recovery Curve
3.1.4.1. Likelihood of U-Shape Recovery
3.1.4.2. Likelihood of L-Shape Recovery
3.1.5. Recovery Period Assessment by Key Countries
3.1.6. Recovery Assessment by Key Market Segments
3.1.7. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.2.1. Increasing Use and Popularity
3.2.2. Increased Herbal Health Supplement Spending
3.2.3. Traction of Preventive Healthcare Rather Than Treatment
3.2.4. Rising Cost of Healthcare and Role of Herbal Supplements
3.3. Optimization of Supply Chain
3.4. Strategic Sourcing to Meet Sudden Increase in Demand
3.5. Other Trends
4. Market Background
4.1. Per Capita Spending on Healthcare, by Country
4.2. Global Urbanization Growth Outlook
4.3. Medicinal Herbs Production Analysis
4.4. Medicinal Herbs Product Hotspot – Pipeline Analysis
4.5. Medicinal Herbs Trade Analysis
4.6. Key Identified Regulations and Guidelines for Medicinal Herbs
4.7. Investment Assessment for Market
4.7.1. Investment In Established Markets
4.7.1.1. In Short Term
4.7.1.2. In Long Term
4.7.2. Investment In Emerging Markets
4.7.2.1. In Short Term
4.7.2.2. In Long Term
4.8. Market Opportunity Assessment
4.8.1. Total Available Market (US$ Mn)
4.8.2. Serviceable Addressable Market (US$ Mn)
4.8.3. Serviceable Obtainable Market (US$ Mn)
4.9. Market Scenario Forecast
4.9.1. Market in Optimistic Scenario (US$ Mn)
4.9.2. Market in Likely Scenario (US$ Mn)
4.9.3. Market in Conservative Scenario (US$ Mn)
4.10. Forecast Factors - Relevance & Impact
4.10.1. Companies Historical Growth
4.10.2. Target Incidence Occurrence Index
4.10.3. Herbal Functional Food Industry Growth
4.10.4. Out of Pocket Healthcare Expenditure
4.11. Value Chain Analysis
4.11.1. List of Manufacturers, by Region
4.11.2. List of Distributors, by Region
4.11.3. Operating Margin
4.12. Market Dynamics
4.12.1. Drivers
4.12.1.1. Affluence of Working Population
4.12.1.2. Changing Lifestyle and Dietary Pattern
4.12.1.3. Omni-Channel Product Offerings by Manufacturers
4.12.1.4. Ageing Population
4.12.1.5. Rising Health and Wellness Consciousness is Creating a Catalytic Effect
4.12.1.6. Demand for Natural Products
4.12.2. Restraints
4.12.2.1. Translation of Traditional Herbal Practices into Conventional Western Medicines
4.12.2.2. Conservation of Traditional Health Practices Becomes the Major Challenge
4.12.2.3. Inadequate Knowledge about the Mode of Action of Medicinal Herbs
4.12.3. Opportunity Analysis
4.12.3.1. Diversified Applications Served by the Medicinal Herbs
4.12.3.2. Ongoing Exploration of Tribal Medicines
4.12.3.3. Dual Role as Source of Health and Income
5. Key Success Factors
5.1. Brand Positioning and Stating Differentiation between Organic and Medicinal Herb
5.2. Collaboration Along the Value Chain to Boost Brand Visibility
5.3. Other Factors
6. Global Market Demand Analysis 2018-2022 and Forecast, 2023-2033
6.1. Historical Market Volume (Tons) Analysis, 2018-2022
6.2. Current and Future Market Volume (Tons) Projections, 2023-2033
6.3. Y-o-Y Growth Trend Analysis
6.4. Incremental Volume (Tons) Analysis
7. Global Market - Pricing Analysis
7.1. Regional Pricing Analysis By Type
7.2. Pricing Break-up
7.2.1. Manufacturer Level Pricing
7.2.2. Distributor Level Pricing
7.3. Global Average Pricing Analysis Benchmark
8. Global Market Demand (US$ Mn) Analysis 2018-2022 and Forecast, 2023-2033
8.1. Historical Market Value (US$ Mn) Analysis, 2018-2022
8.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033
8.2.1. Y-o-Y Growth Trend Analysis
8.2.2. Absolute $ Opportunity Analysis
9. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Type, 2018-2022
9.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Type, 2023-2033
9.3.1. Horsetail
9.3.2. Dandelion
9.3.3. Echinacea
9.3.4. Valerian
9.3.5. St. John's Wort
9.3.6. Lemon balm
9.3.7. Yarrow
9.3.8. Calendula
9.3.9. Peppermint
9.3.10. Spearmint
9.3.11. Wintergreen
9.3.12. Marshmallow
9.4. Market Attractiveness Analysis By Type
10. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Nature
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Nature, 2018-2022
10.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Nature, 2023-2033
10.3.1. Organic
10.3.2. Conventional
10.4. Market Attractiveness Analysis By Nature
11. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Form
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Form, 2018-2022
11.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Form, 2023-2033
11.3.1. Whole
11.3.2. Powder
11.3.3. Liquid
11.4. Market Attractiveness Analysis By Form
12. Global Market Analysis 2018-2022 and Forecast 2023-2033, by End-Use
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By End-Use, 2018-2022
12.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By End-Use, 2023-2033
12.3.1. Medicinal Tea
12.3.2. Health Supplements
12.3.3. Nutritive Jams
12.3.4. Herbal Medicines
12.3.5. Cosmeceuticals
12.3.6. Other Uses
12.4. Market Attractiveness Analysis By End-Use
13. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Region
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Region, 2018-2022
13.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Region, 2023-2033
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Middle East and Africa (MEA)
13.3.5. East Asia
13.3.6. South Asia
13.3.7. Oceania
13.4. Market Attractiveness Analysis By Region
14. North America Market Analysis 2018-2022 and Forecast 2023-2033
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
14.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
14.4.1. By Country
14.4.1.1. U.S.
14.4.1.2. Canada
14.4.2. By Type
14.4.3. By Nature
14.4.4. By Form
14.4.5. By End-Use
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Type
14.5.3. By Nature
14.5.4. By Form
14.5.5. By End-Use
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Latin America Market Analysis 2018-2022 and Forecast 2023-2033
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
15.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Mexico
15.4.1.3. Rest of Latin America
15.4.2. By Type
15.4.3. By Nature
15.4.4. By Form
15.4.5. By End-Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Type
15.5.3. By Nature
15.5.4. By Form
15.5.5. By End-Use
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. Europe Market Analysis 2018-2022 and Forecast 2023-2033
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
16.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
16.4.1. By Country
16.4.1.1. Germany
16.4.1.2. Italy
16.4.1.3. France
16.4.1.4. U.K.
16.4.1.5. Spain
16.4.1.6. BENELUX
16.4.1.7. Russia
16.4.1.8. Rest of Europe
16.4.2. By Type
16.4.3. By Nature
16.4.4. By Form
16.4.5. By End-Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Type
16.5.3. By Nature
16.5.4. By Form
16.5.5. By End-Use
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. East Asia Market Analysis 2018-2022 and Forecast 2023-2033
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
17.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
17.4.1. By Country
17.4.1.1. China
17.4.1.2. Indonesia
17.4.1.3. Australia
17.4.1.4. Rest of East Asia
17.4.2. By Type
17.4.3. By Nature
17.4.4. By Form
17.4.5. By End-Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Type
17.5.3. By Nature
17.5.4. By Form
17.5.5. By End-Use
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. South Asia Market Analysis 2018-2022 and Forecast 2023-2033
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
18.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
18.4.1. By Country
18.4.1.1. India
18.4.1.2. Thailand
18.4.1.3. Malaysia
18.4.1.4. Rest of South Asia
18.4.2. By Type
18.4.3. By Nature
18.4.4. By Form
18.4.5. By End-Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Type
18.5.3. By Nature
18.5.4. By Form
18.5.5. By End-Use
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Oceania Market Analysis 2018-2022 and Forecast 2023-2033
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
19.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
19.4.1. By Country
19.4.1.1. Australia
19.4.1.2. New Zealand
19.4.2. By Type
19.4.3. By Nature
19.4.4. By Form
19.4.5. By End-Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Type
19.5.3. By Nature
19.5.4. By Form
19.5.5. By End-Use
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis
20. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033
20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022
20.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033
20.4.1. By Country
20.4.1.1. GCC Countries
20.4.1.2. South Africa
20.4.1.3. Rest of Middle East and Africa
20.4.2. By Type
20.4.3. By Nature
20.4.4. By Form
20.4.5. By End-Use
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Type
20.5.3. By Nature
20.5.4. By Form
20.5.5. By End-Use
20.6. Market Trends
20.7. Key Market Participants - Intensity Mapping
20.8. Drivers and Restraints - Impact Analysis
21. Market Structure Analysis
21.1. Market Analysis by Tier of Companies
21.2. Market Concentration
21.3. Market Share Analysis of Top Players
21.4. Market Presence Analysis
21.4.1. By Regional footprint of Players
21.4.2. Product foot print by Players
21.4.3. Channel Foot Print by Players
22. Competition Analysis
22.1. Competition Dashboard
22.2. Pricing Analysis by Competition
22.3. Competition Benchmarking
22.4. Competition Deep Dive
22.4.1. Zielpol
22.4.1.1. Overview
22.4.1.2. Product Portfolio
22.4.1.3. Sales Footprint
22.4.1.4. Strategy Overview
22.4.1.4.1. Marketing Strategy
22.4.1.4.2. Product Strategy
22.4.1.4.3. Channel Strategy
22.4.2. Falcon Trading Company
22.4.2.1. Overview
22.4.2.2. Product Portfolio
22.4.2.3. Sales Footprint
22.4.2.4. Strategy Overview
22.4.2.4.1. Marketing Strategy
22.4.2.4.2. Product Strategy
22.4.2.4.3. Channel Strategy
22.4.3. Gospodarstwo zielarskie produkcja i skup zió? a.dzyr
22.4.3.1. Overview
22.4.3.2. Product Portfolio
22.4.3.3. Sales Footprint
22.4.3.4. Strategy Overview
22.4.3.4.1. Marketing Strategy
22.4.3.4.2. Product Strategy
22.4.3.4.3. Channel Strategy
22.4.4. Jahrom Green Kian.
22.4.4.1. Overview
22.4.4.2. Product Portfolio
22.4.4.3. Sales Footprint
22.4.4.4. Strategy Overview
22.4.4.4.1. Marketing Strategy
22.4.4.4.2. Product Strategy
22.4.4.4.3. Channel Strategy
22.4.5. Elmar D.O.O.
22.4.5.1. Overview
22.4.5.2. Product Portfolio
22.4.5.3. Sales Footprint
22.4.5.4. Strategy Overview
22.4.5.4.1. Marketing Strategy
22.4.5.4.2. Product Strategy
22.4.5.4.3. Channel Strategy
22.4.6. Piante Officinali San Marco.
22.4.6.1. Overview
22.4.6.2. Product Portfolio
22.4.6.3. Sales Footprint
22.4.6.4. Strategy Overview
22.4.6.4.1. Marketing Strategy
22.4.6.4.2. Product Strategy
22.4.6.4.3. Channel Strategy
22.4.7. Shanxi Hongda Phytochemistry Co., Ltd.
22.4.7.1. Overview
22.4.7.2. Product Portfolio
22.4.7.3. Sales Footprint
22.4.7.4. Strategy Overview
22.4.7.4.1. Marketing Strategy
22.4.7.4.2. Product Strategy
22.4.7.4.3. Channel Strategy
22.4.8. Wellgreen Technology Co., Ltd.
22.4.8.1. Overview
22.4.8.2. Product Portfolio
22.4.8.3. Sales Footprint
22.4.8.4. Strategy Overview
22.4.8.4.1. Marketing Strategy
22.4.8.4.2. Product Strategy
22.4.8.4.3. Channel Strategy
22.4.9. Sunrise Nutrachem Group Co. Ltd.
22.4.9.1. Overview
22.4.9.2. Product Portfolio
22.4.9.3. Sales Footprint
22.4.9.4. Strategy Overview
22.4.9.4.1. Marketing Strategy
22.4.9.4.2. Product Strategy
22.4.9.4.3. Channel Strategy
22.4.10. Herbs Zaporozhye
22.4.10.1. Overview
22.4.10.2. Product Portfolio
22.4.10.3. Sales Footprint
22.4.10.4. Strategy Overview
22.4.10.4.1. Marketing Strategy
22.4.10.4.2. Product Strategy
22.4.10.4.3. Channel Strategy
22.4.11. Yogi Globals
22.4.11.1. Overview
22.4.11.2. Product Portfolio
22.4.11.3. Sales Footprint
22.4.11.4. Strategy Overview
22.4.11.4.1. Marketing Strategy
22.4.11.4.2. Product Strategy
22.4.11.4.3. Channel Strategy
22.4.12. Mountain Rose Herbs
22.4.12.1. Overview
22.4.12.2. Product Portfolio
22.4.12.3. Sales Footprint
22.4.12.4. Strategy Overview
22.4.12.4.1. Marketing Strategy
22.4.12.4.2. Product Strategy
22.4.12.4.3. Channel Strategy
22.4.13. Starwest Botanicals
22.4.13.1. Overview
22.4.13.2. Product Portfolio
22.4.13.3. Sales Footprint
22.4.13.4. Strategy Overview
22.4.13.4.1. Marketing Strategy
22.4.13.4.2. Product Strategy
22.4.13.4.3. Channel Strategy
22.4.14. Penn Herb Company Ltd.
22.4.14.1. Overview
22.4.14.2. Product Portfolio
22.4.14.3. Sales Footprint
22.4.14.4. Strategy Overview
22.4.14.4.1. Marketing Strategy
22.4.14.4.2. Product Strategy
22.4.14.4.3. Channel Strategy
22.4.15. Himalayan Bio Trade Pvt. Ltd.
22.4.15.1. Overview
22.4.15.2. Product Portfolio
22.4.15.3. Sales Footprint
22.4.15.4. Strategy Overview
22.4.15.4.1. Marketing Strategy
22.4.15.4.2. Product Strategy
22.4.15.4.3. Channel Strategy
23. Assumptions and Acronyms Used
24. Appendix

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