Herbal medicine market size to increase by USD 36,636.05 million: Asia to contribute 42% of market growth - Technavio - Yahoo Finance

1 year ago 55

, /PRNewswire/ -- The Herbal Medicine Market by Product, Distribution Channel and Geography - Forecast and Analysis 2023-2027 study has been published by Technavio. Market size is forecast to turn by USD 36,636.05 million astatine a CAGR of 5.96% betwixt 2022 and 2027. The study provides a broad investigation connected maturation opportunities astatine determination levels, caller merchandise launches, the latest trends, and the post-pandemic betterment of the planetary market. Download A PDF Sample Report

Technavio has announced its latest marketplace  probe   study  titled Global Herbal Medicine Market 2023-2027

Technavio has announced its latest marketplace probe study titled Global Herbal Medicine Market 2023-2027

Regional Analysis

By region, the planetary herbal medicine marketplace is segmented into Asia, North America, Europe, and the Rest of the World (ROW). Asia is estimated to lend 42% to the maturation of the planetary marketplace implicit the forecast period. The emergence successful the request for ayurvedic products specified arsenic extracts, dietary supplements, and idiosyncratic attraction products and the expanding fig of merchandise launches driving the maturation of the determination market.

Company Profiles

The herbal medicine marketplace study includes accusation connected the cardinal products and caller developments of starring vendors, including:

  • Arkopharma Laboratories - The institution offers herbal medicine specified arsenic Arkofluides Articulations BIO.

  • Blackmores Ltd. - The institution offers herbal medicine specified arsenic beverage thistle and tranquil night.

  • Dabur India Ltd. - The institution offers herbal medicine specified arsenic Dabur Honitus Cough Syrup and Dabur Honitus Madhuvaani.

  • Dasherb Corp. - The institution offers herbal medicine specified arsenic Organic Lalang Grass Rhizome P.E.

  • Arizona Natural Products

  • Beijing Tongrentang Co Ltd.

  • Charak Pharma Pvt. Ltd.

  • Dr. Willmar Schwabe GmbH & Co. KG

  • To summation entree to much vendor profiles disposable with Technavio, buy the report!

Market Dynamics

The marketplace is driven by factors specified arsenic the improved immune system, debased broadside effects, and earthy healing properties of herbal medicine. However, inadequate cognition is hindering marketplace growth.

Competitive Analysis

The competitory script categorizes companies based connected assorted show indicators. Some of the factors considered see the fiscal show of companies implicit the past fewer years, maturation strategies, merchandise innovations, caller merchandise launches, investments, and maturation successful marketplace stock among others. Request a Sample

Market Segmentation

  • By product, the marketplace is segmented into capsules and tablets, powders, extracts, syrups, and others. The capsules and tablets conception accounted for the largest stock of the marketplace successful 2022.

  • By geography, the marketplace is segmented into Asia, North America, Europe, and the Rest of the World (ROW). Asia held the largest stock of the marketplace successful 2022.

Related Reports:

  • The natural acidity regulator market is estimated to turn astatine a CAGR of 7.1% betwixt 2022 and 2027. The size of the marketplace is forecast to summation by USD 1731.32 million. The increasing request for location nutrient preservation is notably driving the earthy acidity regulator marketplace growth, though factors specified arsenic the adverse effects of acidulants whitethorn impede the marketplace growth.

  • The Brahmi market size is expected to summation to USD 86.51 million from 2021 to 2026, and the market's maturation momentum volition accelerate astatine a CAGR of 9.06%. The debased broadside effects are notably driving the Brahmi marketplace growth, though factors specified arsenic inadequate cognition astir ayurvedic subject successful occidental countries whitethorn impede the marketplace growth.

Technavio's room includes implicit 17,000+ reports, covering much than 2,000 emerging technologies. Subscribe to our "Basic Plan" astatine conscionable USD 5,000 and get beingness entree to Technavio Insights

What are the cardinal information covered successful this herbal medicine marketplace report?

  • CAGR of the marketplace during the forecast period 2023-2027

  • Detailed accusation connected factors that volition thrust the maturation of the herbal medicine marketplace betwixt 2023 and 2027

  • Precise estimation of the size of the herbal medicine marketplace and its publication to the genitor market.

  • Accurate predictions astir upcoming trends and changes successful user behavior

  • Growth of the herbal medicine market industry crossed Asia, North America, Europe, and the Rest of the World (ROW)

  • A thorough investigation of the market's competitory scenery and elaborate accusation astir vendors

  • Comprehensive details of factors that volition situation the maturation of herbal medicine market vendors

Herbal Medicine Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate astatine a CAGR of 5.96%

Market maturation 2023-2027

USD 36636.05 million

Market structure

Fragmented

YoY maturation 2022-2023 (%)

5.6

Regional analysis

Asia, North America, Europe, and Rest of World (ROW)

Performing marketplace contribution

Asia astatine 42%

Key countries

US, Germany, UK, China, Japan, and India

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Arizona Natural Products, Arkopharma Laboratories, Beijing Tongrentang Co Ltd., Bio Botanica Inc., Blackmores Ltd., Charak Pharma Pvt. Ltd., Dabur India Ltd., Dasherb Corp., Dr. Willmar Schwabe GmbH and Co. KG, Emami Ltd., Hamdard Laboratories, Himalaya Global Holdings Ltd., Hishimo Pharmaceuticals Pvt. Ltd., Imperial Ginseng Products Ltd., Ricola Group AG, Schaper and Brummer GmbH and Co. KG, Sido Muncul, TSUMURA and Co., Weleda Group, and ZeinPharma Germany GmbH

Market dynamics

Parent marketplace analysis, marketplace maturation inducers and obstacles, fast-growing and slow-growing conception analysis, COVID-19 interaction and betterment investigation and aboriginal user dynamics, and marketplace information investigation for the forecast period.

Customization purview

If our study has not included the information that you are looking for, you tin scope retired to our analysts and get segments customized.

Table of contents:

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market conception analysis

  • 3.3 Market size 2022

  • 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

  • 4.1 Global herbal medicine marketplace 2017 - 2021

  • 4.2 Product Segment Analysis 2017 - 2021

  • 4.3 Distribution Channel Segment Analysis 2017 - 2021

  • 4.4 Geography Segment Analysis 2017 - 2021

  • 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

  • 5.1 Five forces summary

  • 5.2 Bargaining powerfulness of buyers

  • 5.3 Bargaining powerfulness of suppliers

  • 5.4 Threat of caller entrants

  • 5.5 Threat of substitutes

  • 5.6 Threat of rivalry

  • 5.7 Market condition

6 Market Segmentation by Product

  • 6.1 Market segments

  • 6.2 Comparison by Product

  • 6.3 Capsules and tablets - Market size and forecast 2022-2027

  • 6.4 Powders - Market size and forecast 2022-2027

  • 6.5 Extracts - Market size and forecast 2022-2027

  • 6.6 Syrups - Market size and forecast 2022-2027

  • 6.7 Others - Market size and forecast 2022-2027

  • 6.8 Market accidental by Product

7 Market Segmentation by Distribution Channel

  • 7.1 Market segments

  • 7.2 Comparison by Distribution Channel

  • 7.3 Hospitals and retail pharmacies - Market size and forecast 2022-2027

  • 7.4 E-commerce - Market size and forecast 2022-2027

  • 7.5 Market accidental by Distribution Channel

8 Customer Landscape

  • 8.1 Customer scenery overview

9 Geographic Landscape

  • 9.1 Geographic segmentation

  • 9.2 Geographic comparison

  • 9.3 Asia - Market size and forecast 2022-2027

  • 9.4 North America - Market size and forecast 2022-2027

  • 9.5 Europe - Market size and forecast 2022-2027

  • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027

  • 9.7 US - Market size and forecast 2022-2027

  • 9.8 China - Market size and forecast 2022-2027

  • 9.9 Japan - Market size and forecast 2022-2027

  • 9.10 India - Market size and forecast 2022-2027

  • 9.11 Germany - Market size and forecast 2022-2027

  • 9.12 UK - Market size and forecast 2022-2027

  • 9.13 Market accidental by geography

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers

  • 10.2 Market challenges

  • 10.3 Impact of drivers and challenges

  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview

  • 11.2 Vendor landscape

  • 11.3 Landscape disruption

  • 11.4 Industry risks

12 Vendor Analysis

  • 12.1 Vendors covered

  • 12.2 Market positioning of vendors

  • 12.3 Arkopharma Laboratories

  • 12.4 Beijing Tongrentang Co Ltd.

  • 12.5 Bio Botanica Inc.

  • 12.6 Blackmores Ltd.

  • 12.7 Dabur India Ltd.

  • 12.8 Dasherb Corp.

  • 12.9 Dr. Willmar Schwabe GmbH and Co. KG

  • 12.10 Emami Ltd.

  • 12.11 Hamdard Laboratories

  • 12.12 Himalaya Global Holdings Ltd.

  • 12.13 Hishimo Pharmaceuticals Pvt. Ltd.

  • 12.14 Ricola Group AG

  • 12.15 Schaper and Brummer GmbH and Co. KG

  • 12.16 Sido Muncul

  • 12.17 Weleda Group

13 Appendix

  • 13.1 Scope of the report

  • 13.2 Inclusions and exclusions checklist

  • 13.3 Currency conversion rates for US$

  • 13.4 Research methodology

  • 13.5 List of abbreviations

About Us

Technavio is simply a starring planetary exertion probe and advisory company. Their probe and investigation absorption connected emerging marketplace trends and provides actionable insights to assistance businesses place marketplace opportunities and make effectual strategies to optimize their marketplace positions. With implicit 500 specialized analysts, Technavio's study room consists of much than 17,000 reports and counting, covering 800 technologies, spanning crossed 50 countries. Their lawsuit basal consists of enterprises of each sizes, including much than 100 Fortune 500 companies. This increasing lawsuit basal relies connected Technavio's broad coverage, extended research, and actionable marketplace insights to place opportunities successful existing and imaginable markets and measure their competitory positions wrong changing marketplace scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Herbal Medicine Market 2023-2027

Global Herbal Medicine Market 2023-2027

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