Herbal Medicine Market Size, Share, Sales, Analysis, Forecast By Category (Herbal Pharmaceuticals, Herbal Functional Foods, Herbal Beauty Products and Herbal Dietary Supplements), By Source (Leaves, Root & Barks, Whole Plants, Fruits), By Form (Extracts, Powders, Capsules & Tablets, Syrups), By Type of Medicinal Plant (Marrubium Vulgare, Vaccinium Macrocarpon, Echinacea, Curcuma Longa, Camellia Sinensis, Actaea Racemose, Aloe Vera, Zingiber Officinale, Cocos Nucifera, Cinnamomum Spp and Allium Sativum), By Form (Extracts, Powders, Capsules & Tablets, Syrups), By Distribution Channel (Hospital & Retail Pharmacies and E-Commerce), Industry Competition & Player Profiles, 2023 – 2032
An herb is basically a plant or plant part that is used in medicine, because of its scent, flavour, or its therapeutic properties. Herbal medicines are a type of dietary supplement. They make use of plants or plant parts, to treat disease and enhance general health and wellbeing.
These natural medicines are sold in the form of tablets, capsules, powders, and fresh or dried plants. People use herbal medicines to cure ailments, or as an attempt to maintain or improve their health. Herbal medicines aim to return the body to its state of natural balance so that it can heal itself when ill. Different types of herbs act on different parts of the body.
With the increase in the prevalence of liver and heart diseases, and the increased Research and Development activities that are going into the making of the newer versions of the more effective Herbal Medicine, many health conscious people are now turning to these natural remedies as a way to cure their diseases. The herbal plants contain several medicinal properties that are used to treat a variety of diseases and conditions. Furthermore, the lower cost of these medicines as compared to their laboratory made counterparts, is driving the growth of the Herbal Medicine Market.
The region of Asia Pacific leads the Herbal Medicine market, and is continued to maintain its leading position throughout the forecast period. However, the Europe market provides a lucrative future of growth, and is a promising new lead, when considering emerging markets.
Herbal Medicine Market Value Share Analysis, by Geography (2022)
The report titled “Herbal Medicine Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Herbal Medicine Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Herbal Medicine Market is segmented on the basis of Category, Form, Source, Distribution Channel, Type of Medicinal Plants, and geography. Based on Category, the global Herbal Medicine Market is segmented into Herbal Pharmaceuticals, Herbal Functional Foods, Herbal Beauty Products, and Herbal Dietary Supplements. Based on Form, the global Herbal Medicine Market is segmented into Extracts, Powders, Capsules and Tablets, and Syrups. Based on Source, the global Herbal Medicine Market is segmented into Leaves, Root & Barks, Whole Plants, and Fruits. Based on Distribution Channel, the global Herbal Medicine Market is segmented into Hospitals and Retail Pharmacies, E-commerce. Based on Medicinal Plants, the global Herbal Medicine Market is segmented into Marrubium Vulgare, Vaccinium Macrocarpon, Echinacea, Curcuma Longa, Camellia Sinensis, Actaea, Racemose, Aloe Vera, Zingiber Officinale, Cocos Nucifera, Cinnamomum Spp, Allium Sativum. Based on geography, the global Herbal Medicine Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Herbal Medicine Market. Further, market share of prominent companies in the global Herbal Medicine Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the Herbal Medicine companies. The global Herbal Medicine Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Herbal Medicine business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Herbal Medicine Market.
Key players present in the Herbal Medicine Market are Schaper & Brümmer, Hishimo Pharmaceuticals, imalaya Global Holdings Ltd., Venus Pharma GmbH, Patanjali Ayurved Ltd, Blackmores Ltd, Dasherb Corp, Bayer AG, ZeinPharma Germany GmbH, Arizona Natural Products, Willmar Schwable India Pvt. Ltd
Global Herbal Medicine Market Report is segmented as Follows:
By Distribution Channel
- Hospital & Retail Pharmacies
- E-Commerce
By Category
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
By Source
- Leaves
- Root & Barks
- Whole Plants
- Fruits
By Form
- Extracts
- Powders
- Capsules & Tablets
- Syrups
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
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Herbal Medicine Market
- Global Herbal Medicine Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 consequences
- Trends
- Global Herbal Medicine Market Analysis and Forecast, by Category
- Overview and definitions
- Key segment analysis
- Global Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- Global Herbal Medicine Market Analysis and Forecast, by Form
- Overview and definitions
- Key segment analysis
- c
- Global Herbal Medicine Market Analysis and Forecast, by Source
- Overview and definitions
- Key segment analysis
- Global Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- Global Herbal Medicine Market Analysis and Forecast, by Medicinal Plants
- Overview and definitions
- Key segment analysis
- Global Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- Global Herbal Medicine Market Analysis and Forecast, by Distribution Channel
- Overview and definitions
- Key segment analysis
- Global Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- Global Herbal Medicine Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Herbal Medicine Market Size Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Herbal Medicine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- North America Herbal Medicine Market Size Estimates (US$ Mn), by Form, 2019 – 2032
- Extracts
- Powders
- Capsules & Tablets
- Syrups
- North America Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- North America Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- North America Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- North America Herbal Medicine Market Size Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Herbal Medicine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- Europe Herbal Medicine Market Size Estimates (US$ Mn), by Form, 2019 – 2032
- Extracts
- Powders
- Capsules & Tablets
- Syrups
- Europe Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- Europe Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- Europe Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- Europe Herbal Medicine Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Herbal Medicine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), by Form, 2019 – 2032
- Extracts
- Powders
- Capsules & Tablets
- Syrups
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- Asia Pacific Herbal Medicine Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Herbal Medicine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), by Form, 2019 – 2032
- Extracts
- Powders
- Capsules & Tablets
- Syrups
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- Middle East & Africa Herbal Medicine Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East
- South America Herbal Medicine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Herbal Medicine Market Size Estimates (US$ Mn), by Category, 2019 – 2032
- Herbal Pharmaceuticals
- Herbal Functional Foods
- Herbal Beauty Products
- Herbal Dietary Supplements
- South America Herbal Medicine Market Size Estimates (US$ Mn), by Form, 2019 – 2032
- Extracts
- Powders
- Capsules & Tablets
- Syrups
- South America Herbal Medicine Market Size Estimates (US$ Mn), by Source, 2019 – 2032
- Leaves
- Root & Barks
- Whole Plants
- Fruits
- Others
- South America Herbal Medicine Market Size Estimates (US$ Mn), by Medicinal Plants, 2019 – 2032
- Marrubium Vulgare
- Vaccinium Macrocarpon
- Echinacea
- Curcuma Longa
- Camellia Sinensis
- Actaea Racemose
- Aloe Vera
- Zingiber Officinale
- Cocos Nucifera
- Cinnamomum Spp
- Allium Sativum
- Others
- South America Herbal Medicine Market Size Estimates (US$ Mn), by Distribution Channel, 2019 – 2032
- Hospital & Retail Pharmacies
- Online Pharmacies
- South America Herbal Medicine Market Size Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Herbal Medicine Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Schaper & Brümmer
- Business overview
- Geographic presence
- Financial facts
- Channel partners
- Relevant news and strategic view
- Hishimo Pharmaceuticals
- Himalaya Global Holdings Ltd.
- Venus Pharma GmbH
- Blackmores Ltd
- Dasherb Corp
- Bayer AG
- ZeinPharma Germany GmbH
- Arizona Natural Products
- Willmar Schwable India Pvt. Ltd
- Schaper & Brümmer
- Conclusion & Recommendations
Frequently asked questions about this report
What segments are covered in the Herbal Medicine market report?
The global Herbal Medicine market segmented on the basis of Category, Form, Source, Distribution Channel, Type of Medicinal Plants, and geography.
what are the prominent Herbal Medicine market players across the globe?
Major players operating in the global Herbal Medicine market include Schaper & Brümmer, Hishimo Pharmaceuticals, imalaya Global Holdings Ltd., Venus Pharma GmbH, Patanjali Ayurved Ltd, Blackmores Ltd, Dasherb Corp, Bayer AG, ZeinPharma Germany GmbH, Arizona Natural Products, Willmar Schwable India Pvt. Ltd.
How can I get a sample report for the Herbal Medicine market?
The sample report for the Herbal Medicine Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
What is the time duration considered while assessing the market?
The Herbal Medicine analysis market has been assessed for the years 2022 to 2032.