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Other Global Herbal Medicine Market Report 2018-2029

  • RnM4552998
    • |
  • 22 August, 2023
    • |
  • Global
    • |
  • 141 Pages
    • |
  • HJResearch
    • |
  • Other

Herbal medicine, also known as botanical medicine, is a form of alternative medicine that uses plant extracts for therapeutic purposes. It has been used for centuries by different cultures around the world and is a crucial aspect of Traditional Chinese Medicine, Ayurvedic medicine, and Western Herbalism.

Herbal medicine has gained increasing popularity in recent years as people seek natural remedies for various health conditions. The global Herbal Medicine market size is projected to reach US$154189 million in 2022, with a compound annual growth rate of 11.16%.

The Herbal Medicine industry is diverse, with various manufacturers and products available in the market. The major global manufacturers include 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.

Western Herbalism, Traditional Chinese Medicine, and Others are the primary uses of Herbal Medicine. Western Herbalism utilizes plants native to Europe and North America, while Traditional Chinese Medicine uses herbs found in China and other parts of Asia. Others include Native American and African traditional medicine.

The industry status for Herbal Medicine is promising, as more people seek natural remedies and wellness products. The COVID-19 pandemic has further accelerated this trend, with consumers focusing on boosting their immune systems and overall health.

However, the industry also faces challenges such as a lack of regulatory oversight and potential safety concerns. There have been instances of contamination or mislabeling of herbal products, which can pose health risks to consumers.

Looking forward, the prospects for the Herbal Medicine industry are positive. The market is expected to continue growing, driven by factors such as increasing consumer awareness about the benefits of herbal medicine and the growing demand for natural and sustainable products. Manufacturers should focus on quality control and transparency to build consumer trust and capitalize on the growing demand for Herbal Medicine products.

In conclusion, Herbal Medicine is a form of alternative medicine that uses plant extracts for therapeutic purposes. The global market size is projected to grow, driven by factors such as the increasing popularity of natural remedies and wellness products. The industry is diverse, with various manufacturers and products available in the market. However, there are also challenges such as a lack of regulatory oversight and safety concerns that manufacturers need to address. Overall, the future looks positive for the Herbal Medicine industry with significant growth potential in the coming years.

The SWOT analysis of the Herbal Medicine industry is as follows:

Strengths:
Herbal medicine is a natural approach to healthcare, which resonates with consumers looking for alternative remedies.
Increasingly, consumers are becoming more health-conscious, which drives demand for herbal medicine products.
The Herbal Medicine industry is diverse, with a wide range of manufacturers and products available in the market.
The Herbal Medicine industry has a rich history and cultural significance, adding to its appeal and authenticity.

Weaknesses:
The lack of regulatory oversight can lead to concerns about product safety and quality control.
Limited scientific evidence exists regarding the efficacy of many herbal medicine products.
Manufacturers rely heavily on consumer awareness and education to promote their products.
The industry faces challenges from other alternative healthcare products such as homeopathy and acupuncture.

Opportunities:
Expansion into emerging markets presents significant growth opportunities.
Capitalizing on technological advancements, such as digital apps to provide education and information about herbal medicine products.
Developing new products targeted towards specific demographics, such as children or older adults.
Collaborating with traditional medicine practitioners to establish credibility and expand reach.

Threats:
Traditional medicines, such as Ayurveda and Chinese Medicine, may provide intense competition.
The potential for contamination or mislabeling of herbal medicine products poses a significant risk to consumers and the industry's reputation.
A shortage of raw materials could increase the cost of production.
Negative publicity and unfounded claims by skeptics can dissuade potential customers.

Key players in global Herbal Medicine market include:
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 segmentation, by product types:
Medicine Function
Medicinal part
Active Ingredient

Market segmentation, by applications:
Western Herbalism
Traditional Chinese Medicine
Others


1 Industry Overview of Herbal Medicine

  • 1.1 Research Scope
  • 1.2 Market Segmentation by Types of Herbal Medicine
  • 1.3 Market Segmentation by End Users of Herbal Medicine
  • 1.4 Market Dynamics Analysis of Herbal Medicine
    • 1.4.1 Market Drivers
    • 1.4.2 Market Challenges
    • 1.4.3 Market Opportunities
    • 1.4.4 Porter’s Five Forces

2 Major Manufacturers Analysis of Herbal Medicine Industry

  • 2.1 Tsumura
    • 2.1.1 Company Overview
    • 2.1.2 Main Products and Specifications
    • 2.1.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.1.4 Contact Information
  • 2.2 Schwabe
    • 2.2.1 Company Overview
    • 2.2.2 Main Products and Specifications
    • 2.2.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.2.4 Contact Information
  • 2.3 Madaus
    • 2.3.1 Company Overview
    • 2.3.2 Main Products and Specifications
    • 2.3.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.3.4 Contact Information
  • 2.4 Weleda
    • 2.4.1 Company Overview
    • 2.4.2 Main Products and Specifications
    • 2.4.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.4.4 Contact Information
  • 2.5 Blackmores
    • 2.5.1 Company Overview
    • 2.5.2 Main Products and Specifications
    • 2.5.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.5.4 Contact Information
  • 2.6 Arkopharma
    • 2.6.1 Company Overview
    • 2.6.2 Main Products and Specifications
    • 2.6.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.6.4 Contact Information
  • 2.7 SIDO MUNCUL
    • 2.7.1 Company Overview
    • 2.7.2 Main Products and Specifications
    • 2.7.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.7.4 Contact Information
  • 2.8 Arizona Natural
    • 2.8.1 Company Overview
    • 2.8.2 Main Products and Specifications
    • 2.8.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.8.4 Contact Information
  • 2.9 Dabur
    • 2.9.1 Company Overview
    • 2.9.2 Main Products and Specifications
    • 2.9.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.9.4 Contact Information
  • 2.10 Herbal Africa
    • 2.10.1 Company Overview
    • 2.10.2 Main Products and Specifications
    • 2.10.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.10.4 Contact Information
  • 2.11 Nature’s Answer
    • 2.11.1 Company Overview
    • 2.11.2 Main Products and Specifications
    • 2.11.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.11.4 Contact Information
  • 2.12 Bio-Botanica
    • 2.12.1 Company Overview
    • 2.12.2 Main Products and Specifications
    • 2.12.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.12.4 Contact Information
  • 2.13 Potter’s
    • 2.13.1 Company Overview
    • 2.13.2 Main Products and Specifications
    • 2.13.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.13.4 Contact Information
  • 2.14 Zand
    • 2.14.1 Company Overview
    • 2.14.2 Main Products and Specifications
    • 2.14.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.14.4 Contact Information
  • 2.15 Nature Herbs
    • 2.15.1 Company Overview
    • 2.15.2 Main Products and Specifications
    • 2.15.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.15.4 Contact Information
  • 2.16 Imperial Ginseng
    • 2.16.1 Company Overview
    • 2.16.2 Main Products and Specifications
    • 2.16.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.16.4 Contact Information
  • 2.17 Yunnan Baiyao
    • 2.17.1 Company Overview
    • 2.17.2 Main Products and Specifications
    • 2.17.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.17.4 Contact Information
  • 2.18 Tongrentang
    • 2.18.1 Company Overview
    • 2.18.2 Main Products and Specifications
    • 2.18.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.18.4 Contact Information
  • 2.19 TASLY
    • 2.19.1 Company Overview
    • 2.19.2 Main Products and Specifications
    • 2.19.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.19.4 Contact Information
  • 2.20 Zhongxin
    • 2.20.1 Company Overview
    • 2.20.2 Main Products and Specifications
    • 2.20.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.20.4 Contact Information
  • 2.21 Kunming Pharma
    • 2.21.1 Company Overview
    • 2.21.2 Main Products and Specifications
    • 2.21.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.21.4 Contact Information
  • 2.22 Sanjiu
    • 2.22.1 Company Overview
    • 2.22.2 Main Products and Specifications
    • 2.22.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.22.4 Contact Information
  • 2.23 JZJT
    • 2.23.1 Company Overview
    • 2.23.2 Main Products and Specifications
    • 2.23.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.23.4 Contact Information
  • 2.24 Guangzhou Pharma
    • 2.24.1 Company Overview
    • 2.24.2 Main Products and Specifications
    • 2.24.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.24.4 Contact Information
  • 2.25 Taiji
    • 2.25.1 Company Overview
    • 2.25.2 Main Products and Specifications
    • 2.25.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.25.4 Contact Information
  • 2.26 Haiyao
    • 2.26.1 Company Overview
    • 2.26.2 Main Products and Specifications
    • 2.26.3 Herbal Medicine Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.26.4 Contact Information

3 Global Herbal Medicine Market Analysis by Regions, Manufacturers, Types and End Users

  • 3.1 Global Sales Volume and Revenue of Herbal Medicine by Regions (2018-2023)
  • 3.2 Global Sales Volume and Revenue of Herbal Medicine by Manufacturers (2018-2023)
  • 3.3 Global Sales Volume and Revenue of Herbal Medicine by Types (2018-2023)
  • 3.4 Global Sales Volume and Revenue of Herbal Medicine by End Users (2018-2023)
  • 3.5 Selling Price Analysis of Herbal Medicine by Regions, Manufacturers, Types and End Users in (2018-2023)

4 Northern America Herbal Medicine Market Analysis by Countries, Types and End Users

  • 4.1 Northern America Herbal Medicine Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 4.2 Northern America Herbal Medicine Sales Volume and Revenue Analysis by Types (2018-2023)
  • 4.3 Northern America Herbal Medicine Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 4.4 United States Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 4.5 Canada Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)

5 Europe Herbal Medicine Market Analysis by Countries, Types and End Users

  • 5.1 Europe Herbal Medicine Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 5.2 Europe Herbal Medicine Sales Volume and Revenue Analysis by Types (2018-2023)
  • 5.3 Europe Herbal Medicine Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 5.4 Germany Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.5 France Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.6 UK Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.7 Italy Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.8 Russia Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.9 Spain Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.10 Netherlands Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)

6 Asia Pacific Herbal Medicine Market Analysis by Countries, Types and End Users

  • 6.1 Asia Pacific Herbal Medicine Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 6.2 Asia Pacific Herbal Medicine Sales Volume and Revenue Analysis by Types (2018-2023)
  • 6.3 Asia Pacific Herbal Medicine Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 6.4 China Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.5 Japan Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.6 Korea Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.7 India Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.8 Australia Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.9 Indonesia Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.10 Vietnam Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)

7 Latin America Herbal Medicine Market Analysis by Countries, Types and End Users

  • 7.1 Latin America Herbal Medicine Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 7.2 Latin America Herbal Medicine Sales Volume and Revenue Analysis by Types (2018-2023)
  • 7.3 Latin America Herbal Medicine Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 7.4 Brazil Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.5 Mexico Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.6 Argentina Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.7 Colombia Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)

8 Middle East & Africa Herbal Medicine Market Analysis by Countries, Types and End Users

  • 8.1 Middle East & Africa Herbal Medicine Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 8.2 Middle East & Africa Herbal Medicine Sales Volume and Revenue Analysis by Types (2018-2023)
  • 8.3 Middle East & Africa Herbal Medicine Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 8.4 Turkey Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.5 Saudi Arabia Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.6 South Africa Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.7 Egypt Herbal Medicine Sales Volume, Revenue, Import and Export Analysis (2018-2023)

9 Marketing Channel, Distributors and Traders Analysis

  • 9.1 Marketing Channel
    • 9.1.1 Direct Channel
    • 9.1.2 Indirect Channel
  • 9.2 Distributors and Traders

10 Global Herbal Medicine Market Forecast by Regions, Countries, Manufacturers, Types and End Users

  • 10.1 Global Sales Volume and Revenue Forecast of Herbal Medicine by Regions (2024-2029)
  • 10.2 Global Sales Volume and Revenue Forecast of Herbal Medicine by Types (2024-2029)
  • 10.3 Global Sales Volume and Revenue Forecast of Herbal Medicine by End Users (2024-2029)
  • 10.4 Global Revenue Forecast of Herbal Medicine by Countries (2024-2029)
    • 10.4.1 United States Revenue Forecast (2024-2029)
    • 10.4.2 Canada Revenue Forecast (2024-2029)
    • 10.4.3 Germany Revenue Forecast (2024-2029)
    • 10.4.4 France Revenue Forecast (2024-2029)
    • 10.4.5 UK Revenue Forecast (2024-2029)
    • 10.4.6 Italy Revenue Forecast (2024-2029)
    • 10.4.7 Russia Revenue Forecast (2024-2029)
    • 10.4.8 Spain Revenue Forecast (2024-2029)
    • 10.4.9 Netherlands Revenue Forecast (2024-2029)
    • 10.4.10 China Revenue Forecast (2024-2029)
    • 10.4.11 Japan Revenue Forecast (2024-2029)
    • 10.4.12 Korea Revenue Forecast (2024-2029)
    • 10.4.13 India Revenue Forecast (2024-2029)
    • 10.4.14 Australia Revenue Forecast (2024-2029)
    • 10.4.15 Indonesia Revenue Forecast (2024-2029)
    • 10.4.16 Vietnam Revenue Forecast (2024-2029)
    • 10.4.17 Brazil Revenue Forecast (2024-2029)
    • 10.4.18 Mexico Revenue Forecast (2024-2029)
    • 10.4.19 Argentina Revenue Forecast (2024-2029)
    • 10.4.20 Colombia Revenue Forecast (2024-2029)
    • 10.4.21 Turkey Revenue Forecast (2024-2029)
    • 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
    • 10.4.23 South Africa Revenue Forecast (2024-2029)
    • 10.4.24 Egypt Revenue Forecast (2024-2029)

11 Industry Chain Analysis of Herbal Medicine

  • 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Herbal Medicine
    • 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Herbal Medicine
    • 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Herbal Medicine
  • 11.2 Downstream Major Consumers Analysis of Herbal Medicine
  • 11.3 Major Suppliers of Herbal Medicine with Contact Information
  • 11.4 Supply Chain Relationship Analysis of Herbal Medicine

12 Herbal Medicine New Project Investment Feasibility Analysis

  • 12.1 Herbal Medicine New Project SWOT Analysis
  • 12.2 Herbal Medicine New Project Investment Feasibility Analysis
    • 12.2.1 Project Name
    • 12.2.2 Investment Budget
    • 12.2.3 Project Product Solutions
    • 12.2.4 Project Schedule

13 Herbal Medicine Research Findings and Conclusion

    14 Appendix

    • 14.1 Research Methodology
    • 14.2 References and Data Sources
      • 14.2.1 Primary Sources
      • 14.2.2 Secondary Paid Sources
      • 14.2.3 Secondary Public Sources
    • 14.3 Abbreviations and Units of Measurement
    • 14.4 Author Details

    Summary:
    Get latest Market Research Reports on Herbal Medicine. Industry analysis & Market Report on Herbal Medicine is a syndicated market report, published as Global Herbal Medicine Market Report 2018-2029. It is complete Research Study and Industry Analysis of Herbal Medicine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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