North America Herbal Medicine Market Size, Share & Trends Analysis Report By Application (Pharmaceutical & Nutraceutical, Personal Care & Beauty Products, and Food & Beverages), By Form, By Country and Growth Forecast, 2023 - 2030

North America Herbal Medicine Market Size, Share & Trends Analysis Report By Application (Pharmaceutical & Nutraceutical, Personal Care & Beauty Products, and Food & Beverages), By Form, By Country and Growth Forecast, 2023 - 2030


The North America Herbal Medicine Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).

Herbal medicines are naturally obtained from a plant's roots, stems, leaves, flowers, or seeds to improve health and treat illnesses. Some popular herbs include gingko, ginseng, ginger, turmeric, and chamomile. For years, local communities have used plant species as part of their culture and traditions to prepare medicines for human and animal diseases. Lifestyle changes significantly impact consumer health, causing a major shift in their medical needs. As individuals consume more processed food, they suffer from health complications, such as stress, obesity, and other serious ailments, such as cardiovascular problems. Therefore, consumers nowadays prefer these medicines over conventional ones to maintain or improve their health.

Moreover, the market has witnessed a remarkable resurgence in recent years, reflecting a growing consumer preference for natural and holistic approaches to healthcare. Herbal medicine, phytotherapy, or botanical medicine uses plant-based therapies to boost health and treat various ailments. This age-old practice, deeply rooted in traditional and indigenous healing systems, has evolved into a dynamic and burgeoning industry with many applications.

North America is culturally diverse, including a rich tapestry of traditional healing practices. According to the government of Canada, in 2022, the food and beverage processing industry was the biggest manufacturing sector in Canada in terms of the value of production, with sales of goods manufactured worth $156.5 billion; it accounted for 18.2% of total manufacturing sales and 1.7% of the national Gross Domestic Product (GDP). The food processing industry can collaborate with the market to develop herbal supplements in the form of fortified foods or food complements. This provides an alternative and accessible way for consumers to incorporate herbal remedies into their diets. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The US market dominated the North America Herbal Medicine Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $67,851.1 million by 2030. The Canada market is experiencing a CAGR of 10.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.2% during (2023 - 2030).

Based on Application, the market is segmented into Pharmaceutical & Nutraceutical, Personal Care & Beauty Products, and Food & Beverages. Based on Form, the market is segmented into Tablets & Capsules, Liquid & Gel, and Powder. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Herbalife nutrition Ltd.
  • Blackmores Limited (Kirin Holdings Company, Limited)
  • Himalaya Global Holdings Ltd.
  • Nutraceutical Corporation
  • Patanjali Ayurved Limited
  • Genius Nature Herbs Private Limited
  • Bio-Botanica, Inc.
  • 21ST Century HealthCare, Inc.
  • Emami Limited
  • Cultivator Natural Products Pvt. Ltd.
North America Herbal Medicine Market Report Segmentation

By Application
  • Pharmaceutical & Nutraceutical
  • Personal Care & Beauty Products
  • Food & Beverages
By Form
  • Tablets & Capsules
  • Liquid & Gel
  • Powder
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Herbal Medicine Market, by Application
1.4.2 North America Herbal Medicine Market, by Form
1.4.3 North America Herbal Medicine Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Herbal Medicine Market
Chapter 5. North America Herbal Medicine Market by Application
5.1 North America Pharmaceutical & Nutraceutical Market by Country
5.2 North America Personal Care & Beauty Products Market by Country
5.3 North America Food & Beverages Market by Country
Chapter 6. North America Herbal Medicine Market by Form
6.1 North America Tablets & Capsules Market by Country
6.2 North America Liquid & Gel Market by Country
6.3 North America Powder Market by Country
Chapter 7. North America Herbal Medicine Market by Country
7.1 US Herbal Medicine Market
7.1.1 US Herbal Medicine Market by Application
7.1.2 US Herbal Medicine Market by Form
7.2 Canada Herbal Medicine Market
7.2.1 Canada Herbal Medicine Market by Application
7.2.2 Canada Herbal Medicine Market by Form
7.3 Mexico Herbal Medicine Market
7.3.1 Mexico Herbal Medicine Market by Application
7.3.2 Mexico Herbal Medicine Market by Form
7.4 Rest of North America Herbal Medicine Market
7.4.1 Rest of North America Herbal Medicine Market by Application
7.4.2 Rest of North America Herbal Medicine Market by Form
Chapter 8. Company Profiles
8.1 Herbalife Nutrition Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Blackmores Limited (Kirin Holdings Company, Limited)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.5 SWOT Analysis
8.3 Himalaya Global Holdings Ltd.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Geographical Expansions:
8.3.3 SWOT Analysis
8.4 Nutraceutical Corporation
8.4.1 Company Overview
8.5 Patanjali Ayurved Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.3 SWOT Analysis
8.6 Genius Nature Herbs Private Limited
8.6.1 Company overview
8.7 Bio-Botanica, Inc.
8.7.1 Company Overview
8.8 21 ST Century HealthCare, Inc.
8.8.1 Company Overview
8.9 Emami Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Product Launches and Product Expansions:
8.9.5 SWOT Analysis
8.10. Cultivator Natural Products Pvt. Ltd.
8.10.1 Company Overview

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