Abstract, Snapshot, Market Analysis & Market Definition: OTC Herbal and Traditional Medicines Market
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. Herbal medicine industry is dispersive relatively. Currently, there are many producing companies in the world herbal medicine industry. The main market players are Tsumura, Schwabe, Madaus, Yunnan Baiyao, Tongrentang and TASLY. The sales of herbal medicine increase to 763382 MT in 2018 from 636621 MT in 2013 with average growth rate of 3.70%.
In 2019, the market size of OTC Herbal and Traditional Medicines is 136320 million US$ and it will reach 164040 million US$ in 2025, growing at a CAGR of 2.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for OTC Herbal and Traditional Medicines. This report studies the global market size of OTC Herbal and Traditional Medicines, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the OTC Herbal and Traditional Medicines sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: OTC Herbal and Traditional Medicines Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
OTC Herbal
Traditional Medicine
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Detoxification Medicine
Antipyretic Medicine
Digestive Medicine
Blood Circulation Medicine
Key Players, Recent Developments & Sector Viewpoints: OTC Herbal and Traditional Medicines Market
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
Key Insights Covered: Exhaustive OTC Herbal and Traditional Medicines Market
1. Market size (sales, revenue and growth rate) of OTC Herbal and Traditional Medicines industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of OTC Herbal and Traditional Medicines industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of OTC Herbal and Traditional Medicines industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of OTC Herbal and Traditional Medicines industry.
Research Methodology: OTC Herbal and Traditional Medicines Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.