Health

OTC Herbal and Traditional Medicines Market: Analysis and In-depth Research on Industry Size, Trends, Regional Forecasts to 2024

Press Release

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.

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Scope of the Report:

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%.

Herbal medicine has many types, which include detoxification medicine, antipyretic medicine, Digestant medicine, blood circulation medicine, and others. With fewer side effects of herbal medicine treatment, it will be more and more popular. So, herbal medicine has a huge market potential in the future.

The worldwide market for OTC Herbal and Traditional Medicines is expected to grow at a CAGR of roughly 2.7% over the next five years, will reach 151700 million US$ in 2024, from 132800 million US$ in 2019, according to a new Big Market Research study.

This report focuses on the OTC Herbal and Traditional Medicines in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers- 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

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

OTC Herbal

Traditional Medicine

Market Segment by Applications, can be divided into

Detoxification Medicine

Antipyretic Medicine

Digestive Medicine

Blood Circulation Medicine

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe OTC Herbal and Traditional Medicines product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of OTC Herbal and Traditional Medicines, with price, sales, revenue and global market share of OTC Herbal and Traditional Medicines in 2017 and 2018.

Chapter 3, the OTC Herbal and Traditional Medicines competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the OTC Herbal and Traditional Medicines breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, OTC Herbal and Traditional Medicines market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe OTC Herbal and Traditional Medicines sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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Market Following Details Segment by Table of Contents:

1 OTC Herbal and Traditional Medicines Market Overview

2 Manufacturers Profiles

3 Global OTC Herbal and Traditional Medicines Market Competition, by Players

4 Global OTC Herbal and Traditional Medicines Market Size by Regions

5 North America OTC Herbal and Traditional Medicines Revenue by Countries

6 Europe OTC Herbal and Traditional Medicines Revenue by Countries

7 Asia-Pacific OTC Herbal and Traditional Medicines Revenue by Countries

8 South America OTC Herbal and Traditional Medicines Revenue by Countries

9 Middle East and Africa Revenue OTC Herbal and Traditional Medicines by Countries

10 Global OTC Herbal and Traditional Medicines Market Segment by Type

11 Global OTC Herbal and Traditional Medicines Market Segment by Application

12 Global OTC Herbal and Traditional Medicines Market Size Forecast (2019-2024)

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

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