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Herbal Medicine Market is expected to grow at a CAGR of 5.88% by 2023

Global Herbal Medicine Market is expected to grow at a CAGR of 5.88% during the forecast period (2018-2023)

The global herbal medicine market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2017 to 2023. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2017 to 2023.

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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the global herbal medicine market.

The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.

The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).

Key Takeaways:

What is the market size in 2017 and the growth rate of the global herbal medicine market?

What is the market drivers, restrains, opportunities governing the global herbal medicine market?

Which are the largest and the fastest growing segments in the global herbal medicine market?

Who are the key players operating in the market and their market position?

What is the pipeline scenario, drug pricing analysis and technological development in the market?

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Global Herbal Medicine Market Information by Product Type (Herbal Pharmaceutical, Herbal Dietary Supplements, Herbal Functional Foods amp; Others), Type of Medicinal Plants (Aconitum ferox, Allium sativum, Andrographis paniculata, Commiphora weightii amp; Crocus sativus), By Form (Capsules amp; Tablets, Powder, Syrups and Extracts), By Source (Leaves, Roots amp; Barks, Whole Plant amp; Fruit), By Indication (Cardiovascular Disorders, Respiratory Disorders, Digestive Disorders and Hypnotics amp; Sedatives), By Distribution Channel (Hospital amp; Retail Pharmacies and E-Commerce), By Region (North America, Europe, Asia Pacific, The Middle East amp; Africa (MEA) and Latin America) - Forecast to 2023.

Market analysis

The growing usage of the herbal products is one of the major factors influencing the growth of the global herbal medicine market. Herbal products are highly used by the consumers owing to its health benefits. Also, herbal products include the natural ingredients which are highly preferred by the health conscious consumers. The global herbal medicine market is expected to grow at a CAGR of 5.88% during the forecast period (2018-2023).

Market segmentation

The global herbal medicine market based on its products, the global market has been classified into Herbal Pharmaceutical, Herbal Functional Foods, Herbal Dietary Supplements, Others. On the basis of its medicinal plants, the market is classified on the basis of Aconitum ferox (Ranunculaceae), Andrographis paniculata (Acanthaceae), Allium sativum (Liliaceae), Crocus sativus (Iridaceae), Commiphora weightii (Burseraceae). Based on its form, the market is segmented into powder, capsules and tablets, extracts and syrups. On the basis of its source, the market is classified into roots and barks, leaves, fruit and whole plant. Based on its indication, the market is bifurcated into Cardiovascular Disorders, Digestive Disorders, Respiratory Disorders, Hypnotics amp; Sedatives. On the basis of its distribution channel, the market is segmented as e-commerce and hospitals and retail pharmacies.

Regional analysis

Geographically, the global herbal medicine market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

ZeinPharma Germany GmbH, Dasherb Corp, Bayer AG, Arkopharma, Hishimo Pharmaceuticals,BEOVITA, Schaper amp; Brummer, Blackmores, Dr. Willmar Schwabe India Pvt. Ltd., among others are some of the major players in the global herbal medicine market.

Few Significant from Table Of Contents

Global Herbal Medicine Market- Forecast 2023

1 Report Prologue

2 Executive Summary

3 Market Introduction
3.1 Scope of Study
3.2 Research Objective
3.3 List of Assumptions

4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation

5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Increasing demand for natural medicines
5.2.2 Increasing research funding for herbal medicines
5.2.3 Multiple applications of herbal medicines
5.3 Restraints
5.3.1 Side-effects and allergic reactions
5.3.2 Poor standardization
5.4 Opportunity
5.4.1 Relatively untapped markets of the Asia-Pacific region

6 Market Factor Analysis
6.1 Value Chain Analysis
6.1.1 Overview
6.1.2 Ramp;D
6.1.3 Manufacturing
6.1.4 Distribution amp; Sales
6.1.5 Post-Sales Monitoring
6.2 Porterrsquo;s Five Forces Model
6.2.1 Overview
6.2.2 Threat of New Entrants
6.2.3 Bargaining Power of Suppliers
6.2.4 Threat of Substitutes
6.2.5 Bargaining Power of Buyers
6.2.6 Intensity of Rivalry

7 Global Herbal Medicine Market, by Category
7.1 Introduction
7.2 Herbal Pharmaceuticals
7.3 Herbal Functional Foods
7.4 Herbal Beauty Products
7.5 Herbal Dietary Supplements

8 Global Herbal Medicine Market, by Type of Medicinal Plants
8.1 Introduction
8.2 Marrubium vulgare
8.3 Vaccinium macrocarpon
8.4 Echinacea
8.5 Curcuma longa
8.6 Camellia sinensis
8.7 Actaea racemose
8.8 Aloe vera
8.9 Zingiber officinale
8.1 Cocos nucifera
8.11 Cinnamomum spp

9 Global Herbal Medicine Market, by Form
9.1 Introduction
9.2 Extracts
9.3 Powders
9.4 Capsules amp; Tablets
9.5 Syrups

10 Global Herbal Medicine Market, by Source
10.1 Introduction
10.2 Leaves
10.3 Root amp; Barks
10.4 Whole Plants
10.5 Fruits

11 Global Herbal Medicine Market, By Distribution Channel
11.1 Introduction
11.2 Hospital amp; Retail Pharmacies
11.3 E-Commerce

12 Global Herbal Medicine Market, by Region
12.1 Introduction
12.2 Americas
12.2.1 North America US Canada
12.2.2 South America
12.3 Europe
12.3.1 Western Europe Germany U.K France Italy Spain Rest of Western Europe
12.3.2 Eastern Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 South Korea
12.4.6 Indonesia
12.4.7 Rest of Asia-Pacific
12.5 Middle East amp; Africa
12.5.1 Middle East
12.5.2 Africa

13 Competitive Landscape

14 Company Profiles
14.1 Arkopharma
14.1.1 Company Overview
14.1.2 Financial Overview
14.1.3 Products/Services Offered
14.1.4 Key Developments
14.1.5 SWOT Analysis
14.1.6 Key Strategy
14.2 Bayer AG
14.2.1 Company Overview
14.2.2 Financial Overview
14.2.3 Products/Services Offered
14.2.4 Key Developments
14.2.5 SWOT Analysis
14.2.6 Key Strategy
14.3.1 Company Overview
14.3.2 Financial Overview
14.3.3 Products/Services Offered
14.3.4 Key Developments
14.3.5 SWOT Analysis
14.3.6 Key Strategy
14.4 Hishimo Pharmaceuticals
14.4.1 Company Overview
14.4.2 Financial Overview
14.4.3 Products/Services Offered
14.4.4 Key Developments
14.4.5 SWOT Analysis
14.4.6 Key Strategy
14.5 Schaper amp; Bruuml;mmer
14.5.1 Company Overview
14.5.2 Financial Overview
14.5.3 Products/Services Offered
14.5.4 Key Developments
14.5.5 SWOT Analysis
14.5.6 Key Strategy
14.6 ZeinPharma Germany GmbH
14.6.1 Company Overview
14.6.2 Financial Overview
14.6.3 Products/Services Offered
14.6.4 Key Developments
14.6.5 SWOT Analysis
14.6.6 Key Strategy
14.7 Venus Pharma GmbH
14.7.1 Company Overview
14.7.2 Financial Overview
14.7.3 Products/Services Offered
14.7.4 Key Developments
14.7.5 SWOT Analysis
14.7.6 Key Strategy
14.8 Dasherb Corp.
14.8.1 Company Overview
14.8.2 Financial Overview
14.8.3 Products/Services Offered
14.8.4 Key Developments
14.8.5 SWOT Analysis
14.8.6 Key Strategy
14.9 Arizona Natural Products
14.9.1 Company Overview
14.9.2 Products/Services Offered
14.9.3 Key Developments
14.9.4 SWOT Analysis
14.9.5 Key Strategy
14.1 Blackmores
14.10.1 Company Overview
14.10.2 Financial Overview
14.10.3 Products/Services Offered
14.10.4 Key Developments
14.10.5 SWOT Analysis
14.10.6 Key Strategy
14.11 Himalaya Global Holdings Ltd.
14.11.1 Company Overview
14.11.2 Financial Overview
14.11.3 Products/Services Offered
14.11.4 Key Developments
14.11.5 SWOT Analysis
14.11.6 Key Strategy
14.12 Dr. Willmar Schwabe India Pvt. Ltd.
14.12.1 Company Overview
14.12.2 Financial Overview
14.12.3 Products/Services Offered
14.12.4 Key Developments
14.12.5 SWOT Analysis
14.12.6 Key Strategy

15 Appendix
15.1 Discussion Blue Print

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Last Updated: 28-Jun-2019