Global Botanical Drug Supply, Demand and Key Producers, 2023-2029

Global Botanical Drug Supply, Demand and Key Producers, 2023-2029

The global Botanical Drug market size is expected to reach $ 51370 million by 2029, rising at a market growth of 4.6% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Botanical Drug are Buchang Pharmaceuticals, China TCM, Tsumura, Schwabe and Tong Ren Tang, which make up over 20%.

China is the largest market, with a share over 60%. In terms of product type, OTC occupy the largest share of the total market, over 60%. And in terms of application, the largest application is Cardiovascular, followed by Respiratory System and Tumor.

A botanical drug product is intended for use in the diagnosis, cure, mitigation, treatment or prevention of disease in humans.

A botanical drug product consists of vegetable materials, which may include plant materials, algae, macroscopic fungi, or combinations thereof.

A botanical drug product may be available as (but not limited to) a solution, powder, tablet, capsule, elixir, topical, or injection.

Botanical drug products often have unique features, for example, complex mixtures, lack of a distinct active ingredient, and substantial prior human use. Fermentation products and highly purified or chemically modified botanical substances are not considered botanical drug products.

This report studies the global Botanical Drug demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Botanical Drug, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Botanical Drug that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Botanical Drug total market, 2018-2029, (USD Million)

Global Botanical Drug total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Botanical Drug total market, key domestic companies and share, (USD Million)

Global Botanical Drug revenue by player and market share 2018-2023, (USD Million)

Global Botanical Drug total market by Type, CAGR, 2018-2029, (USD Million)

Global Botanical Drug total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Botanical Drug market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Buchang Pharmaceuticals, China TCM, Tsumura, Schwabe, Tong Ren Tang, Jumpcan Pharmaceutical, Guangzhou Baiyunshan Pharmaceutical, Yunnan Baiyao and Tasly Holding Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Botanical Drug market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Botanical Drug Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Botanical Drug Market, Segmentation by Type
Prescription Drug
OTC

Global Botanical Drug Market, Segmentation by Application
Cardiovascular
Tumor
Respiratory System
Other

Companies Profiled:
Buchang Pharmaceuticals
China TCM
Tsumura
Schwabe
Tong Ren Tang
Jumpcan Pharmaceutical
Guangzhou Baiyunshan Pharmaceutical
Yunnan Baiyao
Tasly Holding Group
Bionorica Se
Huarun 999
Taiji
Weleda
Kwangdong
GW Pharmaceuticals

Key Questions Answered

1. How big is the global Botanical Drug market?

2. What is the demand of the global Botanical Drug market?

3. What is the year over year growth of the global Botanical Drug market?

4. What is the total value of the global Botanical Drug market?

5. Who are the major players in the global Botanical Drug market?