The triumphant Medicinal Herbs Market report not only presents a comprehensive list of leading competitors but also offers strategic industry analysis and insightful observations into the key factors shaping the healthcare industry. The data and statistics presented in this market report serve as a valuable resource for businesses, empowering them to make informed decisions and devise more effective advertising and sales strategies. This report delivers an encompassing overview of the healthcare industry, capturing the momentum it has gained in recent years.
 
Beyond providing a snapshot of the industry's current state, the Medicinal Herbs Market document offers a systematic estimation of the key challenges that businesses may encounter in terms of sales, export/import, or revenue in the upcoming years. It acts as a strategic guide for stakeholders, offering valuable insights to navigate the complexities of the medicinal herbs market and seize opportunities for growth. This report is a crucial tool for companies aiming to stay ahead in the dynamic landscape of the healthcare industry.
 
Data Bridge Market Research analyzes that the global medicinal herbs market which was USD 165.66 billion in 2022, is expected to reach USD 347.50 billion by 2030, and is expected to undergo a CAGR of 11.16% during the forecast period 2023 to 2030. “Marrubium Vulgare” dominates the medicinal plants type segment of the global medicinal herbs market owing to the increase in the importance of herbal medicine. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.        
Medicinal%20Herbs%20Market.jpg
 
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Market Definition:
 
Medicinal herbs refer to therapeutic systems which use plant materials and generally made up of several parts of plants including flowers, roots, seeds, leaves, oil and bark among others. Since ancient times, this is being used as a treatment for various diseases. Today, medicinal herbs have been enhanced with the new innovative methods and they are available in the form of powders, capsules, tablets and syrups plant extracts.
 
Some of the major players operating in the global medicinal herbs market are:     
 
  • Arizona Natural (U.S.)
  • Arkopharma (France)
  • Bio Botanica, Inc.(U.S.)
  • Bionorica SE (Germany)
  • Gaia Herbs (U.S.)
  • Glanbia PLC (Ireland)
  • Herb Pharm (U.S.)
  • Herbalife International of America, Inc.(U.S.)
  • Hevert (U.S.)
  • The Himalaya Drug Company (India)
  • i-Health, Inc. (U.S.)
  • Indfrag Biosciences (India)
 
Recent Development
 
  • In June 2021, STADA expanded its European consumer healthcare portfolio by acquiring healthcare brands from Sanofi in key countries such as France, Germany, Poland and Spain
 
Global Medicinal Herbs Market Scope
 
The global medicinal herbs market is segmented on the basis of medicinal plants type, category, form, source and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Medicinal Plants Type:
 
  • Marrubium Vulgare
  • Vaccinium Macrocarpon
  • Echinacea
  • Curcuma Longa
  • Camellia Sinensis
  • Actaea Racemose
  • Aloe Vera
  • Zingiber Officinale
  • Cocos Nucifera
  • Cinnamomum Spp
  • Allium Sativum
 
Category:
 
  • Herbal Pharmaceuticals
  • Herbal Functional Foods
  • Herbal Beauty Products
  • Herbal Dietary Supplements
 
Form:
 
  • Extracts
  • Powders
  • Capsules and Tablets
  • Syrups
 
Source:
 
  • Leaves
  • Root and Barks
  • Whole Plants and Fruits
 
Distribution Channel
 
  • Hospital
  • Retail Pharmacies  
  • E-Commerce
 
 
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