Over the Forecast Year, Organic Herbal Medicine will register a CAGR of 10.4%in terms of revenue and the global market size will reach US$ 428.50 Billion by 2029.
Organic Herbal Medicine Market Overview
Herbal products' popularity has skyrocketed in the last decade. Herbal products are evidently used
by 10 to 50%of people in developed countries. The fact that herbal alternatives have a higher tolerance than synthetic pharmaceuticals is one of the key reasons why more people are turning to them. They're also made from natural ingredients, making them safer than synthetic alternatives. Herbal medicines are commonly used to treat common colds, coughs, nervous health difficulties, urinary complaints, gastrointestinal disorders, and painful ailments like joint pain, rheumatic diseases, and stiffness. The increased prevalence of such health issues will undoubtedly increase product demand in the approaching years.
Technological advancements will improve the product's performance even more, allowing it to be employed in additional downstream applications. Furthermore, market dynamics (drivers, constraints, and opportunities) and consumer behavior analysis provide critical information for understanding the Organic Herbal Medicine market.
What is our Organic Herbal Medicine Market Scope?
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Report Attributes
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Report Details
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Forecast Period 2022 to 2029 CAGR
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CAGR of 10.4% during the review period (2022 to 2029).
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By Type
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- Horsetail
- Dandelion
- Echinacea
- Valerian
- St. John’s Wort
- Lemon Balm
- Yarrow
- Calendula
- Peppermint
- Spearmint
- Marshmallow Wintergreen
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By Application
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- By Nature :
- By Form :
- By End-Use :
- Medicinal Tea
- Health Supplement
- Nutritive Jams
- Herbal Medicines
- Cosmeceuticals
- Other Uses
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By Companies
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Guangzhou Pharma, Zand, Tsumura, Nature’s Answer, Madaus, Herbal Africa, Nature Herbs, Haiyao, JZJT, Potter’s, Sanjiu, Tongrentang, Bio-Botanica, Weleda, Arizona Natural, Yunnan Baiyao, Taiji, Blackmores, TASLY, SIDO MUNCUL, Schwabe, Kunming Pharma, Arkopharma, Dabur, Zhongxin, Imperial Ginseng
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2021
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Historical Year
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2016-2021
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Forecast Year
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2022-2029
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Number of Pages
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182
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Customization Available
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Yes, the report can be customized as per your needs
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Who are the Major Players in Organic Herbal Medicine Market?
The Organic Herbal Medicine Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise Application Types for multiple end-users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, and the prices they charge. The main players in this market Guangzhou Pharma, Zand, Tsumura, Nature’s Answer, Madaus, Herbal Africa, Nature Herbs, Haiyao, JZJT, Potter’s, Sanjiu, Tongrentang, Bio-Botanica, Weleda, Arizona Natural, Yunnan Baiyao, Taiji, Blackmores, TASLY, SIDO MUNCUL, Schwabe, Kunming Pharma, Arkopharma, Dabur, Zhongxin, Imperial Ginseng
Industry News
In October 2019, Farlong Pharmaceutical launched a new herbal supplement product NotoGinseng Steamed Powder to improve immunity and promote radiant skin.
What are the major Applications, Types for Organic Herbal Medicine?
By Type, it is segmented into
- Cyanocobalamin Injection
- Cyanocobalamin Oral
- Organic Herbal Medicine
By Applications, it is segmented into
- By Nature :
- By Form :
- By End-Use :
- Medicinal Tea
- Health Supplement
- Nutritive Jams
- Herbal Medicines
- Cosmeceuticals
- Other Uses
Organic Herbal Medicine Market Regional Analysis
In the year 2021, the Organic Herbal Medicines market in the United States is expected to be worth $22.8 billion. In the global market, the country currently holds an 18.4 percent %stake. China, the world's second-largest economy, is expected to reach a market size of US$32.9 billion in 2026, representing a CAGR of 10.8% over the analyzed period. Japan and Canada are two other important geographic markets, with forecasted growth rates of 7.4 percent and 7.1 percent, respectively, over the analyzed period. Germany is expected to develop at a CAGR of around 6.5 percent in Europe, while the rest of the European market (as defined in the study) will reach U S$35.8 billion by the end of the analysis period. The demand for herbal supplements has been concentrated primarily in the Western world.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
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- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
- INTRODUCTION
- MARKET DEFINITION
- MARKET DYNAMICS
- MARKET SEGMENTATION
- REPORT TIMELINES
- KEY STAKEHOLDERS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT MATTER EXPERT ADVICE
- QUALITY CHECK
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- EXECUTIVE SUMMARY
- INTRODUCTION
- GLOBAL ORGANIC HERBAL MEDICINE BY TYPES
- GLOBAL ORGANIC HERBAL MEDICINE BY APPLICATIONS
- MARKET DYNAMICS
- DRIVERS
- INCREASING DEMAND FOR ORGANIC HERBAL MEDICINE RESTRAINTS
- STRINGENT ENVIRONMENTAL REGULATIONS
- HIGH COST ON MATERIALS
- OPPORTUNITIES
- ORGANIC HERBAL MEDICINE GROWTH
- APPLICATION OF ORGANIC HERBAL MEDICINE
- IMPACT OF COVID 19
- GLOBAL ORGANIC HERBAL MEDICINE MARKET, BY TYPES
- INTRODUCTION
- HORSETAIL
- DANDELION
- ECHINACEA
- VALERIAN
- ST. JOHN’S WORT
- LEMON BALM
- YARROW
- CALENDULA
- PEPPERMINT
- SPEARMINT
- MARSHMALLOW WINTERGREEN
- GLOBAL ORGANIC HERBAL MEDICINE MARKET, BY APPLICATION
- INTRODUCTION
- BY NATURE:
- BY FORM:
- BY END-USE:
- MEDICINAL TEA
- HEALTH SUPPLEMENT
- NUTRITIVE JAMS
- HERBAL MEDICINES
- COSMECEUTICALS
- OTHER USES
- GLOBAL ORGANIC HERBAL MEDICINE MARKET, BY REGION
- NORTH AMERICA
- EUROPE
- GERMANY
- FRANCE
- UK
- ITALY
- RUSSIA
- REST OF EUROPE
- APAC
- CHINA
- SOUTH KOREA
- JAPAN
- INDIA
- AUSTRALIA
- ASEAN
- REST OF APAC
- MIDDLE EAST AND AFRICA
- SAUDI ARABIA
- UAE
- SOUTH AFRICA
- TURKEY
- REST OF MEA
- SOUTH AMERICA
- BRAZIL
- REST OF MEA
- ARGENTINA
- REST OF SOUTH AMERICA
- COMPETITIVE LANDSCAPE
- MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,
- AND AGREEMENTS
- MARKET SHARE PERCENTAGE RANKING ANALYSIS
- STRATEGIES ADOPTED BY LEADING PLAYERS
- COMPANY PROFILES
- BUSINESS OVERVIEW
- COMPANY SNAPSHOT
- TYPES BENCHMARKING
- STRATEGIC INITIATIVES
- GUANGZHOU PHARMA
- ZAND, TSUMURA
- NATURE’S ANSWER
- MADAUS, HERBAL AFRICA
- NATURE HERBS
- HAIYAO, JZJT
- POTTER’S
- SANJIU
- TONGRENTANG
- BIO-BOTANICA
- WELEDA
- ARIZONA NATURAL
- YUNNAN BAIYAO
- TAIJI, BLACKMORES
- TASLY
- SIDO MUNCUL
- SCHWABE
- KUNMING PHARMA
- ARKOPHARMA
- DABUR
- ZHONGXIN
- IMPERIAL GINSENG
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
