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Global Herbal Medicine Market Size, Share & Trends Analysis Report By Application (Pharmaceutical & Nutraceutical, Personal Care & Beauty Products, and Food & Beverages), By Form, By Regional Outlook and Forecast, 2023 - 2030

Published Date : 18-Jan-2024

Pages: 166

Formats: PDF

The Global Herbal Medicine Market size is expected to reach $342 billion by 2030, rising at a market growth of 7.9% CAGR during the forecast period.

In North America, particularly in the U.S., there is growing consumer awareness about health and a shift in attitudes toward natural care products due to a strong environmental consciousness. Consequently, the North America region captured $53,058.8 million revenue in the market in 2022. This shift is attributed to concerns about the potential harmful effects of alternative medicines on individuals' health. Increasingly, more customers, mostly in the U.S., are concerned about their health, and a strong green wave has caused a change in the public's perception of natural healthcare products. The alleged detrimental impacts of alternative medicines on people's health are to blame for this.

Herbal Medicine Market Size - Global Opportunities and Trends Analysis Report 2019-2030

Consumers are increasingly inclined towards natural remedies and plant-based solutions. The awareness that these medicines are derived from botanical sources and often have a long history of traditional use contributes to the growing preference for these remedies over synthetic drugs. These medicines are known for their holistic approach to health, addressing the symptoms and underlying causes of health issues. Additionally, the perception that natural and plant-based remedies are inherently safer than synthetic drugs are a key driver. Consumers, increasingly concerned about pharmaceuticals' potential side effects and long-term impact, are drawn to these medicines for their perceived safety profile. Consumers have access to a wealth of information about the benefits of specific herbs, empowering them to make informed decisions in favor of natural solutions. Therefore, the growing preference for natural and plant-based solutions is a powerful driver behind the expansion of the market.

Furthermore, COVID-19 had a moderate impact on the market. The market relies heavily on sourcing raw materials from diverse geographical regions. The disruptions caused by lockdowns, travel restrictions, and logistical challenges during the pandemic have significantly impacted the supply chain. The manufacturers faced delays in procuring essential botanicals, affecting production timelines and inventory levels. The heightened awareness of health and wellness during the pandemic had increased the demand for immune-boosting products, including herbal remedies. Consumers had sought natural alternatives to support their immune systems, leading to a wave in sales of herbal supplements, teas, and formulations designed to enhance overall well-being. E-commerce platforms became crucial channels for reaching consumers directly, fostering a digital transformation within the market. As a result, due to these changes, the market is expected to grow significantly in the coming years.

However, lack of education about these medicines may lead to safety concerns and misuse. Customers may not be aware of possible interactions with medications or may not follow proper dosage instructions, leading to adverse effects and safety issues. Misperceptions about the efficacy and safety of herbal remedies can erode trust in these products. Without proper education, consumers may view these medicines as unproven or ineffective, hindering their willingness to incorporate them into their healthcare routines. The market may see inconsistent demand, with consumers choosing products based on marketing rather than clearly understanding their health needs. Also, the lack of education about herbal medicine among consumers may result in resistance from healthcare professionals. If patients are not adequately informed about herbal remedies, healthcare providers may be skeptical or hesitant to support their integration into treatment plans. Due to the above factors, market growth will be hampered in the coming years.

By Form Analysis

Based on form, the market is fragmented into powder, liquid & gel, and tablets & capsules. In 2022, the tablets & capsules segment held the highest revenue share in the market. Tablets and capsules allow for precise dosage standardization, ensuring each unit contains consistent active herbal ingredients. This standardization is crucial for maintaining efficacy and safety, providing consumers with reliable and predictable dosages. Tablets and capsules offer a solution by masking the taste and smell of herbal ingredients, making them more palatable for those who may find the natural flavors objectionable. The encapsulation or compression process protects the herbal ingredients from exposure to light, air, and moisture, helping to preserve their potency over time. This prolonged stability is beneficial for both manufacturers and consumers.

Herbal Medicine Market Share and Industry Analysis Report 2022

By Application Analysis

On the basis of application, the market is segmented into pharmaceutical & nutraceutical, food & beverages, personal care & beauty products. The food & beverages segment acquired a substantial revenue share in the market in 2022. One of the most prevalent uses of these medicines in the food and beverage industry is the creation of herbal infusions and teas. The rise of functional beverages has led to incorporating herbal extracts and botanicals in drinks designed to provide specific health benefits. Beverages such as herbal tonics, wellness shots, and elixirs are formulated with herbs known for their adaptogenic, antioxidant, or anti-inflammatory properties, offering consumers a refreshing way to support their well-being.

Free Valuable Insights: Global Herbal Medicine Market size to reach USD 342 Billion by 2030

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region witnessed the largest revenue share in the market. Europe boasts the world's largest cosmetics industry, promising opportunities for newcomers from developing countries. The personal care and beauty product segment is witnessing a growing demand for natural ingredients, a trend expected to persist. Europe is anticipated to significantly contribute to future market growth by catering to this demand. Turmeric is gaining popularity in the European health products market and is recognized for its antioxidant and anti-inflammatory properties. It is utilized as a supplement and in medical products to enhance the immune and digestive systems and overall health.

Herbal Medicine Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 188.8 Billion
Market size forecast in 2030 USD 342 Billion
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 7.9% from 2023 to 2030
Number of Pages 166
Number of Tables 260
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Form, Application, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Herbalife nutrition Ltd., Blackmores Limited (Kirin Holdings Company, Limited), Himalaya Global Holdings Ltd., Nutraceutical Corporation, Patanjali Ayurved Limited, Genius Nature Herbs Private Limited, Bio-Botanica, Inc., 21ST Century HealthCare, Inc., Emami Limited and Cultivator Natural Products Pvt. Ltd.

Recent Strategies Deployed in the Market

  • Oct-2023: Himalaya Wellness Company, a subsidiary of Himalaya Global Holdings Ltd., expanded geographically, establishing a herbal pharmaceutical factory in Dubai with financing from Emirates Development Bank. The facility, in Dubai Industrial City, marked a global footprint expansion within TECOM Group PJSC’s ecosystem.
  • Jul-2023: Herbalife nutrition Ltd. had introduced Herbalife V, its most recent science-based product line, to enhance support for consumers who were seeking plant-based options to improve their overall health. Herbalife V was supported by science and underwent rigorous testing for quality. All products were certified USDA Organic, non-GMO-verified, Kosher, and Plant-based and Vegan by FoodChain ID.
  • Apr-2023: Herbalife nutrition Ltd. launched 106 products globally across 95 markets. Highlights included Herbalife Nutrition’s Active Mind Complex and Herbalife China Youth Shake. They also introduced new flavours, like the low-fat High Protein Iced Coffee in Caramel Macchiato, containing 2g of sugar, 100 calories, and 15g of protein per serving. This nutritious option, with no artificial Flavors, was available in the U.S., Puerto Rico, and Canada.
  • Jul-2022: Herbalife nutrition Ltd. introduced its recent science-backed product, Fat Release, to assist consumers in maintaining healthy and active lifestyles. This product aided consumers in planning for situations when access to healthy foods was limited. The suggested retail price for the product was $58.45, and it was exclusively available in the U.S. and Puerto Rico through Herbalife Nutrition independent distributors.
  • Nov-2021: Emami Limited launched India’s first Non-Sticky Antiseptic Cream – BoroPlus Soft Ayurvedic Antiseptic Cream, an ultra-light, non-oily skincare with natural and ayurvedic properties. Available in 5ml, 25ml, 45ml, and 100ml sizes at Rs. 10, Rs. 45, Rs. 80, and Rs. 180. Available across all trade channels.

List of Key Companies Profiled

  • Herbalife nutrition Ltd.
  • Blackmores Limited (Kirin Holdings Company, Limited)
  • Himalaya Global Holdings Ltd.
  • Nutraceutical Corporation
  • Patanjali Ayurved Limited
  • Genius Nature Herbs Private Limited
  • Bio-Botanica, Inc.
  • 21ST Century HealthCare, Inc.
  • Emami Limited
  • Cultivator Natural Products Pvt. Ltd.

Herbal Medicine Market Report Segmentation

By Application

  • Pharmaceutical & Nutraceutical
  • Personal Care & Beauty Products
  • Food & Beverages

By Form

  • Tablets & Capsules
  • Liquid & Gel
  • Powder

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Herbal Medicine Market, by Application
1.4.2 Global Herbal Medicine Market, by Form
1.4.3 Global Herbal Medicine Market, by Geography
1.5 Methodology for the research

Chapter 2. Market At a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Herbal Medicine Market

Chapter 5. Global Herbal Medicine Market by Application
5.1 Global Pharmaceutical & Nutraceutical Market by Region
5.2 Global Personal Care & Beauty Products Market by Region
5.3 Global Food & Beverages Market by Region

Chapter 6. Global Herbal Medicine Market by Form
6.1 Global Tablets & Capsules Market by Region
6.2 Global Liquid & Gel Market by Region
6.3 Global Powder Market by Region

Chapter 7. Global Herbal Medicine Market by Region
7.1 North America Herbal Medicine Market
7.1.1 North America Herbal Medicine Market by Application
7.1.1.1 North America Pharmaceutical & Nutraceutical Market by Country
7.1.1.2 North America Personal Care & Beauty Products Market by Country
7.1.1.3 North America Food & Beverages Market by Country
7.1.2 North America Herbal Medicine Market by Form
7.1.2.1 North America Tablets & Capsules Market by Country
7.1.2.2 North America Liquid & Gel Market by Country
7.1.2.3 North America Powder Market by Country
7.1.3 North America Herbal Medicine Market by Country
7.1.3.1 US Herbal Medicine Market
7.1.3.1.1 US Herbal Medicine Market by Application
7.1.3.1.2 US Herbal Medicine Market by Form
7.1.3.2 Canada Herbal Medicine Market
7.1.3.2.1 Canada Herbal Medicine Market by Application
7.1.3.2.2 Canada Herbal Medicine Market by Form
7.1.3.3 Mexico Herbal Medicine Market
7.1.3.3.1 Mexico Herbal Medicine Market by Application
7.1.3.3.2 Mexico Herbal Medicine Market by Form
7.1.3.4 Rest of North America Herbal Medicine Market
7.1.3.4.1 Rest of North America Herbal Medicine Market by Application
7.1.3.4.2 Rest of North America Herbal Medicine Market by Form
7.2 Europe Herbal Medicine Market
7.2.1 Europe Herbal Medicine Market by Application
7.2.1.1 Europe Pharmaceutical & Nutraceutical Market by Country
7.2.1.2 Europe Personal Care & Beauty Products Market by Country
7.2.1.3 Europe Food & Beverages Market by Country
7.2.2 Europe Herbal Medicine Market by Form
7.2.2.1 Europe Tablets & Capsules Market by Country
7.2.2.2 Europe Liquid & Gel Market by Country
7.2.2.3 Europe Powder Market by Country
7.2.3 Europe Herbal Medicine Market by Country
7.2.3.1 Germany Herbal Medicine Market
7.2.3.1.1 Germany Herbal Medicine Market by Application
7.2.3.1.2 Germany Herbal Medicine Market by Form
7.2.3.2 UK Herbal Medicine Market
7.2.3.2.1 UK Herbal Medicine Market by Application
7.2.3.2.2 UK Herbal Medicine Market by Form
7.2.3.3 France Herbal Medicine Market
7.2.3.3.1 France Herbal Medicine Market by Application
7.2.3.3.2 France Herbal Medicine Market by Form
7.2.3.4 Russia Herbal Medicine Market
7.2.3.4.1 Russia Herbal Medicine Market by Application
7.2.3.4.2 Russia Herbal Medicine Market by Form
7.2.3.5 Spain Herbal Medicine Market
7.2.3.5.1 Spain Herbal Medicine Market by Application
7.2.3.5.2 Spain Herbal Medicine Market by Form
7.2.3.6 Italy Herbal Medicine Market
7.2.3.6.1 Italy Herbal Medicine Market by Application
7.2.3.6.2 Italy Herbal Medicine Market by Form
7.2.3.7 Rest of Europe Herbal Medicine Market
7.2.3.7.1 Rest of Europe Herbal Medicine Market by Application
7.2.3.7.2 Rest of Europe Herbal Medicine Market by Form
7.3 Asia Pacific Herbal Medicine Market
7.3.1 Asia Pacific Herbal Medicine Market by Application
7.3.1.1 Asia Pacific Pharmaceutical & Nutraceutical Market by Country
7.3.1.2 Asia Pacific Personal Care & Beauty Products Market by Country
7.3.1.3 Asia Pacific Food & Beverages Market by Country
7.3.2 Asia Pacific Herbal Medicine Market by Form
7.3.2.1 Asia Pacific Tablets & Capsules Market by Country
7.3.2.2 Asia Pacific Liquid & Gel Market by Country
7.3.2.3 Asia Pacific Powder Market by Country
7.3.3 Asia Pacific Herbal Medicine Market by Country
7.3.3.1 China Herbal Medicine Market
7.3.3.1.1 China Herbal Medicine Market by Application
7.3.3.1.2 China Herbal Medicine Market by Form
7.3.3.2 Japan Herbal Medicine Market
7.3.3.2.1 Japan Herbal Medicine Market by Application
7.3.3.2.2 Japan Herbal Medicine Market by Form
7.3.3.3 India Herbal Medicine Market
7.3.3.3.1 India Herbal Medicine Market by Application
7.3.3.3.2 India Herbal Medicine Market by Form
7.3.3.4 South Korea Herbal Medicine Market
7.3.3.4.1 South Korea Herbal Medicine Market by Application
7.3.3.4.2 South Korea Herbal Medicine Market by Form
7.3.3.5 Singapore Herbal Medicine Market
7.3.3.5.1 Singapore Herbal Medicine Market by Application
7.3.3.5.2 Singapore Herbal Medicine Market by Form
7.3.3.6 Malaysia Herbal Medicine Market
7.3.3.6.1 Malaysia Herbal Medicine Market by Application
7.3.3.6.2 Malaysia Herbal Medicine Market by Form
7.3.3.7 Rest of Asia Pacific Herbal Medicine Market
7.3.3.7.1 Rest of Asia Pacific Herbal Medicine Market by Application
7.3.3.7.2 Rest of Asia Pacific Herbal Medicine Market by Form
7.4 LAMEA Herbal Medicine Market
7.4.1 LAMEA Herbal Medicine Market by Application
7.4.1.1 LAMEA Pharmaceutical & Nutraceutical Market by Country
7.4.1.2 LAMEA Personal Care & Beauty Products Market by Country
7.4.1.3 LAMEA Food & Beverages Market by Country
7.4.2 LAMEA Herbal Medicine Market by Form
7.4.2.1 LAMEA Tablets & Capsules Market by Country
7.4.2.2 LAMEA Liquid & Gel Market by Country
7.4.2.3 LAMEA Powder Market by Country
7.4.3 LAMEA Herbal Medicine Market by Country
7.4.3.1 Brazil Herbal Medicine Market
7.4.3.1.1 Brazil Herbal Medicine Market by Application
7.4.3.1.2 Brazil Herbal Medicine Market by Form
7.4.3.2 Argentina Herbal Medicine Market
7.4.3.2.1 Argentina Herbal Medicine Market by Application
7.4.3.2.2 Argentina Herbal Medicine Market by Form
7.4.3.3 UAE Herbal Medicine Market
7.4.3.3.1 UAE Herbal Medicine Market by Application
7.4.3.3.2 UAE Herbal Medicine Market by Form
7.4.3.4 Saudi Arabia Herbal Medicine Market
7.4.3.4.1 Saudi Arabia Herbal Medicine Market by Application
7.4.3.4.2 Saudi Arabia Herbal Medicine Market by Form
7.4.3.5 South Africa Herbal Medicine Market
7.4.3.5.1 South Africa Herbal Medicine Market by Application
7.4.3.5.2 South Africa Herbal Medicine Market by Form
7.4.3.6 Nigeria Herbal Medicine Market
7.4.3.6.1 Nigeria Herbal Medicine Market by Application
7.4.3.6.2 Nigeria Herbal Medicine Market by Form
7.4.3.7 Rest of LAMEA Herbal Medicine Market
7.4.3.7.1 Rest of LAMEA Herbal Medicine Market by Application
7.4.3.7.2 Rest of LAMEA Herbal Medicine Market by Form

Chapter 8. Company Profiles
8.1 Herbalife Nutrition Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Blackmores Limited (Kirin Holdings Company, Limited)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.5 SWOT Analysis
8.3 Himalaya Global Holdings Ltd.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Geographical Expansions:
8.3.3 SWOT Analysis
8.4 Nutraceutical Corporation
8.4.1 Company Overview
8.5 Patanjali Ayurved Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.3 SWOT Analysis
8.6 Genius Nature Herbs Private Limited
8.6.1 Company overview
8.7 Bio-Botanica, Inc.
8.7.1 Company Overview
8.8 21 ST Century HealthCare, Inc.
8.8.1 Company Overview
8.9 Emami Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Product Launches and Product Expansions:
8.9.5 SWOT Analysis
8.10. Cultivator Natural Products Pvt. Ltd.
8.10.1 Company Overview

Chapter 9. Winning Imperatives of Herbal Medicine Market
TABLE 1 Global Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 2 Global Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 3 Global Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 4 Global Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 5 Global Pharmaceutical & Nutraceutical Market by Region, 2019 - 2022, USD Million
TABLE 6 Global Pharmaceutical & Nutraceutical Market by Region, 2023 - 2030, USD Million
TABLE 7 Global Personal Care & Beauty Products Market by Region, 2019 - 2022, USD Million
TABLE 8 Global Personal Care & Beauty Products Market by Region, 2023 - 2030, USD Million
TABLE 9 Global Food & Beverages Market by Region, 2019 - 2022, USD Million
TABLE 10 Global Food & Beverages Market by Region, 2023 - 2030, USD Million
TABLE 11 Global Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 12 Global Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 13 Global Tablets & Capsules Market by Region, 2019 - 2022, USD Million
TABLE 14 Global Tablets & Capsules Market by Region, 2023 - 2030, USD Million
TABLE 15 Global Liquid & Gel Market by Region, 2019 - 2022, USD Million
TABLE 16 Global Liquid & Gel Market by Region, 2023 - 2030, USD Million
TABLE 17 Global Powder Market by Region, 2019 - 2022, USD Million
TABLE 18 Global Powder Market by Region, 2023 - 2030, USD Million
TABLE 19 Global Herbal Medicine Market by Region, 2019 - 2022, USD Million
TABLE 20 Global Herbal Medicine Market by Region, 2023 - 2030, USD Million
TABLE 21 North America Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 22 North America Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 23 North America Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 24 North America Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 25 North America Pharmaceutical & Nutraceutical Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Pharmaceutical & Nutraceutical Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Personal Care & Beauty Products Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Personal Care & Beauty Products Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 32 North America Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 33 North America Tablets & Capsules Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Tablets & Capsules Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Liquid & Gel Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Liquid & Gel Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Powder Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Powder Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Herbal Medicine Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Herbal Medicine Market by Country, 2023 - 2030, USD Million
TABLE 41 US Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 42 US Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 43 US Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 44 US Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 45 US Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 46 US Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 47 Canada Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 48 Canada Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 49 Canada Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 50 Canada Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 51 Canada Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 52 Canada Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 53 Mexico Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 54 Mexico Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 55 Mexico Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 56 Mexico Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 57 Mexico Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 58 Mexico Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 59 Rest of North America Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 61 Rest of North America Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of North America Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 63 Rest of North America Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 64 Rest of North America Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 65 Europe Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 66 Europe Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 67 Europe Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 68 Europe Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 69 Europe Pharmaceutical & Nutraceutical Market by Country, 2019 - 2022, USD Million
TABLE 70 Europe Pharmaceutical & Nutraceutical Market by Country, 2023 - 2030, USD Million
TABLE 71 Europe Personal Care & Beauty Products Market by Country, 2019 - 2022, USD Million
TABLE 72 Europe Personal Care & Beauty Products Market by Country, 2023 - 2030, USD Million
TABLE 73 Europe Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 74 Europe Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 75 Europe Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 76 Europe Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 77 Europe Tablets & Capsules Market by Country, 2019 - 2022, USD Million
TABLE 78 Europe Tablets & Capsules Market by Country, 2023 - 2030, USD Million
TABLE 79 Europe Liquid & Gel Market by Country, 2019 - 2022, USD Million
TABLE 80 Europe Liquid & Gel Market by Country, 2023 - 2030, USD Million
TABLE 81 Europe Powder Market by Country, 2019 - 2022, USD Million
TABLE 82 Europe Powder Market by Country, 2023 - 2030, USD Million
TABLE 83 Europe Herbal Medicine Market by Country, 2019 - 2022, USD Million
TABLE 84 Europe Herbal Medicine Market by Country, 2023 - 2030, USD Million
TABLE 85 Germany Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 86 Germany Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 87 Germany Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 88 Germany Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 89 Germany Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 90 Germany Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 91 UK Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 92 UK Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 93 UK Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 94 UK Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 95 UK Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 96 UK Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 97 France Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 98 France Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 99 France Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 100 France Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 101 France Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 102 France Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 103 Russia Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 104 Russia Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 105 Russia Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 106 Russia Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 107 Russia Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 108 Russia Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 109 Spain Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 110 Spain Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 111 Spain Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 112 Spain Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 113 Spain Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 114 Spain Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 115 Italy Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 116 Italy Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 117 Italy Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 118 Italy Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 119 Italy Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 120 Italy Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 121 Rest of Europe Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 124 Rest of Europe Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 125 Rest of Europe Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 127 Asia Pacific Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 128 Asia Pacific Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 129 Asia Pacific Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 130 Asia Pacific Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 131 Asia Pacific Pharmaceutical & Nutraceutical Market by Country, 2019 - 2022, USD Million
TABLE 132 Asia Pacific Pharmaceutical & Nutraceutical Market by Country, 2023 - 2030, USD Million
TABLE 133 Asia Pacific Personal Care & Beauty Products Market by Country, 2019 - 2022, USD Million
TABLE 134 Asia Pacific Personal Care & Beauty Products Market by Country, 2023 - 2030, USD Million
TABLE 135 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 136 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 137 Asia Pacific Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 138 Asia Pacific Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 139 Asia Pacific Tablets & Capsules Market by Country, 2019 - 2022, USD Million
TABLE 140 Asia Pacific Tablets & Capsules Market by Country, 2023 - 2030, USD Million
TABLE 141 Asia Pacific Liquid & Gel Market by Country, 2019 - 2022, USD Million
TABLE 142 Asia Pacific Liquid & Gel Market by Country, 2023 - 2030, USD Million
TABLE 143 Asia Pacific Powder Market by Country, 2019 - 2022, USD Million
TABLE 144 Asia Pacific Powder Market by Country, 2023 - 2030, USD Million
TABLE 145 Asia Pacific Herbal Medicine Market by Country, 2019 - 2022, USD Million
TABLE 146 Asia Pacific Herbal Medicine Market by Country, 2023 - 2030, USD Million
TABLE 147 China Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 148 China Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 149 China Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 150 China Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 151 China Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 152 China Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 153 Japan Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 154 Japan Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 155 Japan Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 156 Japan Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 157 Japan Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 158 Japan Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 159 India Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 160 India Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 161 India Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 162 India Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 163 India Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 164 India Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 165 South Korea Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 166 South Korea Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 167 South Korea Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 168 South Korea Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 169 South Korea Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 170 South Korea Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 171 Singapore Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 172 Singapore Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 173 Singapore Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 174 Singapore Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 175 Singapore Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 176 Singapore Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 177 Malaysia Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 178 Malaysia Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 179 Malaysia Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 180 Malaysia Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 181 Malaysia Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 182 Malaysia Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 183 Rest of Asia Pacific Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 184 Rest of Asia Pacific Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 185 Rest of Asia Pacific Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 186 Rest of Asia Pacific Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 187 Rest of Asia Pacific Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 188 Rest of Asia Pacific Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 189 LAMEA Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 190 LAMEA Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 191 LAMEA Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 192 LAMEA Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 193 LAMEA Pharmaceutical & Nutraceutical Market by Country, 2019 - 2022, USD Million
TABLE 194 LAMEA Pharmaceutical & Nutraceutical Market by Country, 2023 - 2030, USD Million
TABLE 195 LAMEA Personal Care & Beauty Products Market by Country, 2019 - 2022, USD Million
TABLE 196 LAMEA Personal Care & Beauty Products Market by Country, 2023 - 2030, USD Million
TABLE 197 LAMEA Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 198 LAMEA Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 199 LAMEA Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 200 LAMEA Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 201 LAMEA Tablets & Capsules Market by Country, 2019 - 2022, USD Million
TABLE 202 LAMEA Tablets & Capsules Market by Country, 2023 - 2030, USD Million
TABLE 203 LAMEA Liquid & Gel Market by Country, 2019 - 2022, USD Million
TABLE 204 LAMEA Liquid & Gel Market by Country, 2023 - 2030, USD Million
TABLE 205 LAMEA Powder Market by Country, 2019 - 2022, USD Million
TABLE 206 LAMEA Powder Market by Country, 2023 - 2030, USD Million
TABLE 207 LAMEA Herbal Medicine Market by Country, 2019 - 2022, USD Million
TABLE 208 LAMEA Herbal Medicine Market by Country, 2023 - 2030, USD Million
TABLE 209 Brazil Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 210 Brazil Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 211 Brazil Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 212 Brazil Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 213 Brazil Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 214 Brazil Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 215 Argentina Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 216 Argentina Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 217 Argentina Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 218 Argentina Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 219 Argentina Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 220 Argentina Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 221 UAE Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 222 UAE Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 223 UAE Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 224 UAE Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 225 UAE Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 226 UAE Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 227 Saudi Arabia Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 228 Saudi Arabia Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 229 Saudi Arabia Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 230 Saudi Arabia Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 231 Saudi Arabia Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 232 Saudi Arabia Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 233 South Africa Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 234 South Africa Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 235 South Africa Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 236 South Africa Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 237 South Africa Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 238 South Africa Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 239 Nigeria Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 240 Nigeria Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 241 Nigeria Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 242 Nigeria Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 243 Nigeria Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 244 Nigeria Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 245 Rest of LAMEA Herbal Medicine Market, 2019 - 2022, USD Million
TABLE 246 Rest of LAMEA Herbal Medicine Market, 2023 - 2030, USD Million
TABLE 247 Rest of LAMEA Herbal Medicine Market by Application, 2019 - 2022, USD Million
TABLE 248 Rest of LAMEA Herbal Medicine Market by Application, 2023 - 2030, USD Million
TABLE 249 Rest of LAMEA Herbal Medicine Market by Form, 2019 - 2022, USD Million
TABLE 250 Rest of LAMEA Herbal Medicine Market by Form, 2023 - 2030, USD Million
TABLE 251 Key Information – Herbalife nutrition Ltd.
TABLE 252 Key Information – Blackmores Limited
TABLE 253 Key Information – Himalaya Global Holdings Ltd.
TABLE 254 Key Information – Nutraceutical Corporation
TABLE 255 Key Information – Patanjali Ayurved Limited
TABLE 256 Key Information – Genius Nature Herbs Private Limited
TABLE 257 Key Information – Bio-Botanica, Inc.
TABLE 258 Key Information – 21ST Century HealthCare, Inc.
TABLE 259 Key Information – Emami Limited
TABLE 260 Key Information – Cultivator Natural Products Pvt. Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Global Herbal Medicine Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Herbal Medicine Market
FIG 4 Porter’s Five Forces Analysis - Herbal Medicine Market
FIG 5 Global Herbal Medicine Market Share by Application, 2022
FIG 6 Global Herbal Medicine Market Share by Application, 2030
FIG 7 Global Herbal Medicine Market by Application, 2019 - 2030, USD Million
FIG 8 Global Herbal Medicine Market Share by Form, 2022
FIG 9 Global Herbal Medicine Market Share by Form, 2030
FIG 10 Global Herbal Medicine Market by Form, 2019 - 2030, USD Million
FIG 11 Global Herbal Medicine Market Share by Region, 2022
FIG 12 Global Herbal Medicine Market Share by Region, 2030
FIG 13 Global Herbal Medicine Market by Region, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Herbalife nutrition Ltd.
FIG 15 SWOT Analysis: Blackmores Limited
FIG 16 SWOT Analysis: Himalaya Global Holdings Ltd.
FIG 17 SWOT Analysis: Patanjali Ayurved Limited
FIG 18 SWOT Analysis: Emami Limited

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