Herbal medicine--also called botanical medicine or phytomedicine refers to using a plant's seeds, berries, roots, leaves, bark, or flowers for medicinal purposes. Herbalism has a long tradition of use outside of conventional medicine. It is becoming more mainstream as improvements in analysis and quality control along with advances in clinical research show the value of herbal medicine in the treating and preventing disease.
Traditional herbal medicines are naturally occurring, plant-derived substances with minimal or no industrial processing that have been used to treat illness within local or regional healing practices.
In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 72.36% of the global consumption volume in total.
According to this study, over the next five years the Herbal Medicine market will register a 6.9% CAGR in terms of revenue, the global market size will reach US$ 180400 million by 2024, from US$ 120700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Herbal Medicine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Herbal Medicine market by product type, application, key manufacturers and key regions and countries.
This study considers the Herbal Medicine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Detoxification Medicine
Antipyretic Medicine
Aigestant Medicine
Blood Circulation Medicine
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Western Herbalism
Traditional Chinese Medicine
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Herbal Medicine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Herbal Medicine market by identifying its various subsegments.
Focuses on the key global Herbal Medicine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Herbal Medicine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Herbal Medicine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Herbal Medicine Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Herbal Medicine Consumption 2014-2024
2.1.2 Herbal Medicine Consumption CAGR by Region
2.2 Herbal Medicine Segment by Type
2.2.1 Detoxification Medicine
2.2.2 Antipyretic Medicine
2.2.3 Aigestant Medicine
2.2.4 Blood Circulation Medicine
2.2.5 Others
2.3 Herbal Medicine Consumption by Type
2.3.1 Global Herbal Medicine Consumption Market Share by Type (2014-2019)
2.3.2 Global Herbal Medicine Revenue and Market Share by Type (2014-2019)
2.3.3 Global Herbal Medicine Sale Price by Type (2014-2019)
2.4 Herbal Medicine Segment by Application
2.4.1 Western Herbalism
2.4.2 Traditional Chinese Medicine
2.4.3 Others
2.5 Herbal Medicine Consumption by Application
2.5.1 Global Herbal Medicine Consumption Market Share by Application (2014-2019)
2.5.2 Global Herbal Medicine Value and Market Share by Application (2014-2019)
2.5.3 Global Herbal Medicine Sale Price by Application (2014-2019)
3 Global Herbal Medicine by Players
3.1 Global Herbal Medicine Sales Market Share by Players
3.1.1 Global Herbal Medicine Sales by Players (2017-2019)
3.1.2 Global Herbal Medicine Sales Market Share by Players (2017-2019)
3.2 Global Herbal Medicine Revenue Market Share by Players
3.2.1 Global Herbal Medicine Revenue by Players (2017-2019)
3.2.2 Global Herbal Medicine Revenue Market Share by Players (2017-2019)
3.3 Global Herbal Medicine Sale Price by Players
3.4 Global Herbal Medicine Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Herbal Medicine Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Herbal Medicine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Herbal Medicine by Regions
4.1 Herbal Medicine by Regions
4.1.1 Global Herbal Medicine Consumption by Regions
4.1.2 Global Herbal Medicine Value by Regions
4.2 Americas Herbal Medicine Consumption Growth
4.3 APAC Herbal Medicine Consumption Growth
4.4 Europe Herbal Medicine Consumption Growth
4.5 Middle East & Africa Herbal Medicine Consumption Growth
5 Americas
5.1 Americas Herbal Medicine Consumption by Countries
5.1.1 Americas Herbal Medicine Consumption by Countries (2014-2019)
5.1.2 Americas Herbal Medicine Value by Countries (2014-2019)
5.2 Americas Herbal Medicine Consumption by Type
5.3 Americas Herbal Medicine Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Herbal Medicine Consumption by Countries
6.1.1 APAC Herbal Medicine Consumption by Countries (2014-2019)
6.1.2 APAC Herbal Medicine Value by Countries (2014-2019)
6.2 APAC Herbal Medicine Consumption by Type
6.3 APAC Herbal Medicine Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Herbal Medicine by Countries
7.1.1 Europe Herbal Medicine Consumption by Countries (2014-2019)
7.1.2 Europe Herbal Medicine Value by Countries (2014-2019)
7.2 Europe Herbal Medicine Consumption by Type
7.3 Europe Herbal Medicine Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Herbal Medicine by Countries
8.1.1 Middle East & Africa Herbal Medicine Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Herbal Medicine Value by Countries (2014-2019)
8.2 Middle East & Africa Herbal Medicine Consumption by Type
8.3 Middle East & Africa Herbal Medicine Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Herbal Medicine Distributors
10.3 Herbal Medicine Customer
11 Global Herbal Medicine Market Forecast
11.1 Global Herbal Medicine Consumption Forecast (2019-2024)
11.2 Global Herbal Medicine Forecast by Regions
11.2.1 Global Herbal Medicine Forecast by Regions (2019-2024)
11.2.2 Global Herbal Medicine Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Herbal Medicine Forecast by Type
11.8 Global Herbal Medicine Forecast by Application
12 Key Players Analysis
12.1 Tsumura
12.1.1 Company Details
12.1.2 Herbal Medicine Product Offered
12.1.3 Tsumura Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Tsumura News
12.2 Schwabe
12.2.1 Company Details
12.2.2 Herbal Medicine Product Offered
12.2.3 Schwabe Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Schwabe News
12.3 Madaus
12.3.1 Company Details
12.3.2 Herbal Medicine Product Offered
12.3.3 Madaus Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Madaus News
12.4 Weleda
12.4.1 Company Details
12.4.2 Herbal Medicine Product Offered
12.4.3 Weleda Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Weleda News
12.5 Blackmores
12.5.1 Company Details
12.5.2 Herbal Medicine Product Offered
12.5.3 Blackmores Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Blackmores News
12.6 Arkopharma
12.6.1 Company Details
12.6.2 Herbal Medicine Product Offered
12.6.3 Arkopharma Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Arkopharma News
12.7 SIDO MUNCUL
12.7.1 Company Details
12.7.2 Herbal Medicine Product Offered
12.7.3 SIDO MUNCUL Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 SIDO MUNCUL News
12.8 Arizona Natural
12.8.1 Company Details
12.8.2 Herbal Medicine Product Offered
12.8.3 Arizona Natural Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Arizona Natural News
12.9 Dabur
12.9.1 Company Details
12.9.2 Herbal Medicine Product Offered
12.9.3 Dabur Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Dabur News
12.10 Herbal Africa
12.10.1 Company Details
12.10.2 Herbal Medicine Product Offered
12.10.3 Herbal Africa Herbal Medicine Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Herbal Africa News
12.11 Nature’s Answer
12.12 Bio-Botanica
12.13 Potter’s
12.14 Zand
12.15 Nature Herbs
12.16 Imperial Ginseng
12.17 Yunnan Baiyao
12.18 Tongrentang
12.19 TASLY
12.20 Zhongxin
12.21 Kunming Pharma
12.22 Sanjiu
12.23 JZJT
12.24 Guangzhou Pharma
12.25 Taiji
12.26 Haiyao
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Herbal Medicine
Table Product Specifications of Herbal Medicine
Figure Herbal Medicine Report Years Considered
Figure Market