Global Herbal Medicinal Products Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Herbal Medicinal Products Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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 our (Global Info Research) latest study, the global Herbal Medicinal Products market size was valued at US$ 172450 million in 2023 and is forecast to a readjusted size of USD 232260 million by 2030 with a CAGR of 4.4% during review period.

Global Herbal Medicinal Products key players include Yunnan Baiyao, Tongrentang, TASLY, Tsumura, etc. Global top four manufacturers hold a share about 5%.

Asia Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share about 40 percent.

In terms of product, Detoxification Medicine is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Western Herbalism, followed by Traditional Chinese Medicine, etc.

This report is a detailed and comprehensive analysis for global Herbal Medicinal Products market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Herbal Medicinal Products market size and forecasts, in consumption value ($ Million), 2019-2030

Global Herbal Medicinal Products market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Herbal Medicinal Products market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Herbal Medicinal Products market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Herbal Medicinal Products

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Herbal Medicinal Products 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 Tsumura, Schwabe, Madaus, Weleda, Blackmores, Arkopharma, SIDO MUNCUL, Arizona Natural, Dabur, Herbal Africa, etc.

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

Market segmentation

Herbal Medicinal Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Herbal Medicinal Products market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Detoxification Medicine
Antipyretic Medicine
Aigestant Medicine
Blood Circulation Medicine
Others

Market segment by Application
Western Herbalism
Traditional Chinese Medicine
Others

Market segment by players, this report covers
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

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Herbal Medicinal Products product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Herbal Medicinal Products, with revenue, gross margin, and global market share of Herbal Medicinal Products from 2019 to 2024.

Chapter 3, the Herbal Medicinal Products competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Herbal Medicinal Products market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Herbal Medicinal Products.

Chapter 13, to describe Herbal Medicinal Products research findings and conclusion.