Report Summary
Eternity Insights can provide a deep dive research report highlighting the market and competitive in-telligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Herbal Medicine market. The report considers 2020-2023 historic period, 2024 as base year, and 2025-2034 as forecast period. The report includes quantitative analysis of the market supported by the mar-ket drivers, challenges, and trends to accurately map the market scenario and competition.
Herbal Medicine market report is based on robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid databases such as FACIVA, Hoovers, and other benchmarking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
To learn more about this report
Key Research Highlights: Market Drivers
The Herbal Medicine market is estimated to expand at a considerable growth rate during the forecast period owing to increasing prevalence of venous diseases and increasing new product approvals to cater this demand. Rise in the awareness about the diseases, increasing importance of early diagnosis, and growing spending on chronic diseases are poised to boost the market growth. Moreover, the key players in the market are investing in research and development of technologically advanced products leading to increased utilization of the Herbal Medicine products across developed and developing countries of the world.
Key Research Highlights: Market Restraints
Limited awareness about the diseases, high cost of products, low economical condition, and lack of favorable insurance systems restricts the adoption of Herbal Medicine products across developing regions of the globe. However, launch of new products with low cost and increasing efforts for market penetration in these regions can offer lucrative growth opportunities for the players in the Herbal Medicine market.
To learn more about this report
Key Research Highlights: Trends
Increasing research and development spending on Herbal Medicine development has been the leading industry trend of Herbal Medicine market
The leading players in the market are focused on developing products which are cost-effective and high quality to tap the huge unaddressed opportunities in the developing regions. This can be witnessed from the increasing spending on research and development and growing number of new product approvals.
Global Herbal Medicine Market Size, 2020-2034 (USD MILLION)
To learn more about this report
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2024 |
USD XX.XX Million |
| CAGR (2025 - 2034) |
XX.XX % |
| The Revenue forecast in 2034 |
USD XX.XX Million |
| Base year for estimation |
2024 |
| Historical data |
2020-2023 |
| Forecast period |
2025-2034 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2025 to 2034
|
| Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered |
By Type of Medicinal Plants Outlook, Distribution Channel Outlook, Regional Outlook |
| By Type of Medicinal Plants Outlook |
Marrubium Vulgare, Vaccinium Macrocarpon, Echinacea, Curcuma Longa, Camellia Sinensis, Actaea Racemose, Aloe Vera, Zingiber Officinale, Cocos Nucifera, Cinnamomum Spp, Allium Sativum |
| By Distribution Channel Outlook |
Direct Sales, E-sales |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
Sheng Chang Pharmaceutical Company, Nordic Nutraceuticals (now a part of Oy Verman Ab), AYUSH Ayurvedic Pte Ltd., Herbal Hills, Herb Pharm, LKK Health Products Group Limited, International Chinese Body Care Houses, KindCare Medical Center, Pascoe Natural Medicine, Bionorica SE, Ming Chen Clinic, The Center for Natural and Integrative Medicine |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Market Players
- Sheng Chang Pharmaceutical Company
- Nordic Nutraceuticals (now a part of Oy Verman Ab)
- AYUSH Ayurvedic Pte Ltd.
- Herbal Hills
- Herb Pharm
- LKK Health Products Group Limited
- International Chinese Body Care Houses
- KindCare Medical Center
- Pascoe Natural Medicine
- Bionorica SE
- Ming Chen Clinic
- The Center for Natural and Integrative Medicine
Herbal Medicine Market, By Type of Medicinal Plants
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
Herbal Medicine Market, By Intervention
- Ayurveda
- Apitherapy
- Bach Flower Therapy
- Naturopathic Medicine
- Traditional Chinese Medicine
- Traditional Korean Medicine
- Traditional Japanese Medicine
- Traditional Mongolian Medicine
- Traditional Tibetan Medicine
- Zang Fu Theory
Herbal Medicine Market, By Product Form
- Powder
- Liquid/Gel
- Tablets/Capsules
- Others
Herbal Medicine Market, By Source
- Barks
- Leaves
- Roots
- Others
Herbal Medicine Market, By Distribution Channel
Key Benefits To The Stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Table Of Contents
Table of Contents
Chapter 1 Herbal Medicine Market Overview
1.1 Herbal Medicine Definition
1.2 Global Herbal Medicine Market Size Status and Outlook (2014-2026)
1.3 Global Herbal Medicine Market Size Comparison by Region (2014-2026)
1.4 Global Herbal Medicine Market Size Comparison by Type (2014-2026)
1.5 Global Herbal Medicine Market Size Comparison by Application (2014-2026)
1.6 Global Herbal Medicine Market Size Comparison by Sales Channel (2014-2026)
1.7 Herbal Medicine Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 Herbal Medicine Market Segment Analysis by Player
2.1 Global Herbal Medicine Sales and Market Share by Player (2017-2019)
2.2 Global Herbal Medicine Revenue and Market Share by Player (2017-2019)
2.3 Global Herbal Medicine Average Price by Player (2017-2019)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Herbal Medicine Market Segment Analysis by Type
3.1 Global Herbal Medicine Market by Type
3.1.1 Medicine Function
3.1.2 Medicinal part
3.1.3 Active Ingredient
3.2 Global Herbal Medicine Sales and Market Share by Type (2014-2018)
3.3 Global Herbal Medicine Revenue and Market Share by Type (2014-2018)
3.4 Global Herbal Medicine Average Price by Type (2014-2018)
3.5 Leading Players of Herbal Medicine by Type in 2018
3.6 Conclusion of Segment by Type
Chapter 4 Herbal Medicine Market Segment Analysis by Application
4.1 Global Herbal Medicine Market by Application
4.1.1 Western Herbalism
4.1.2 Traditional Chinese Medicine
4.1.3 Others
4.2 Global Herbal Medicine Sales and Market Share by Application (2014-2018)
4.3 Leading Consumers of Herbal Medicine by Application in 2018
4.4 Conclusion of Segment by Application
Chapter 5 Herbal Medicine Market Segment Analysis by Sales Channel
5.1 Global Herbal Medicine Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Herbal Medicine Sales and Market Share by Sales Channel (2014-2018)
5.3 Leading Distributors/Dealers of Herbal Medicine by Sales Channel in 2018
5.4 Conclusion of Segment by Sales Channel
Chapter 6 Herbal Medicine Market Segment Analysis by Region
6.1 Global Herbal Medicine Market Size and CAGR by Region (2014-2026)
6.2 Global Herbal Medicine Sales and Market Share by Region (2014-2018)
6.3 Global Herbal Medicine Revenue and Market Share by Region (2014-2018)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Herbal Medicine Market Share by Type
6.4.3 North America Herbal Medicine Market Share by Application
6.4.4 United States
6.4.5 Canada
6.4.6 Mexico
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Herbal Medicine Market Share by Type
6.5.3 Europe Herbal Medicine Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Russia
6.5.9 Spain
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Herbal Medicine Market Share by Type
6.6.3 Asia-Pacific Herbal Medicine Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Herbal Medicine Market Share by Type
6.7.3 South America Herbal Medicine Market Share by Application
6.7.4 Brazil
6.7.5 Argentina
6.7.6 Colombia
6.7.7 Chile
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Herbal Medicine Market Share by Type
6.8.3 Middle East & Africa Herbal Medicine Market Share by Application
6.8.4 Egypt
6.8.5 Saudi Arabia
6.8.6 South Africa
6.8.7 Nigeria
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Herbal Medicine Players
7.1 Tsumura
7.1.1 Company Snapshot
7.1.2 Product/Business Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.1.4 Strategy and SWOT Analysis
7.2 Schwabe
7.3 Madaus
7.4 Weleda
7.5 Blackmores
7.6 Arkopharma
7.7 SIDO MUNCUL
7.8 Arizona Natural
7.9 Dabur
7.10 Herbal Africa
7.11 Nature’s Answer
7.12 Bio-Botanica
7.13 Potter’s
7.14 Zand
7.15 Nature Herbs
7.16 Imperial Ginseng
7.17 Yunnan Baiyao
7.18 Tongrentang
7.19 TASLY
7.20 Zhongxin
7.21 Kunming Pharma
7.22 Sanjiu
7.23 JZJT
7.24 Guangzhou Pharma
7.25 Taiji
7.26 Haiyao
Chapter 8 Upstream and Downstream Analysis of Herbal Medicine
8.1 Industrial Chain of Herbal Medicine
8.2 Upstream of Herbal Medicine
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.2.4 Manufacturing Cost Structure
8.2.5 Manufacturing Process
8.3 Downstream of Herbal Medicine
8.3.1 Leading Distributors/Dealers of Herbal Medicine
8.3.2 Leading Consumers of Herbal Medicine
Chapter 9 Development Trend of Herbal Medicine (2019-2028)
9.1 Global Herbal Medicine Market Size (Sales and Revenue) Forecast (2019-2028)
9.2 Global Herbal Medicine Market Size and CAGR Forecast by Region (2019-2028)
9.3 Global Herbal Medicine Market Size and CAGR Forecast by Type (2019-2028)
9.4 Global Herbal Medicine Market Size and CAGR Forecast by Application (2019-2028)
9.5 Global Herbal Medicine Market Size Forecast by Sales Channel (2019-2028)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
