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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.
Traditional herbal medicines are naturally occurring, plant-derived substances with minimal or no industrial processing that have been used to treat illness within local or regional healing practices. Herbal Medicine report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Herbal Medicine market is projected to reach US$ 246320 million in 2029, increasing from US$ 159800 million in 2022, with the CAGR of 6.3% during the period of 2023 to 2029. Demand from Western Herbalism and Traditional Chinese Medicine are the major drivers for the industry. Asia-Pacific is the largest region of Herbal Medicine, with a market share about 50%, followed by Europe and North America, etc. Tsumura, Schwabe, Yunnan Baiyao, Tongrentang and TASLY are the key manufacturers of industry, and top 10 players had less than 25% combined market share. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Herbal Medicine market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company 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 Segment by Type Detoxification Medicine Antipyretic Medicine Aigestant Medicine Blood Circulation Medicine Others Segment by Application Western Herbalism Traditional Chinese Medicine Others Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E Each chapter of the report provides detailed information for readers to understand the Herbal Medicine market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Herbal Medicine, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Herbal Medicine industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Herbal Medicine in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Herbal Medicine introduction, etc. Herbal Medicine Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Herbal Medicine market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
1 Herbal Medicine Market Overview
1.1 Herbal Medicine Product Overview
1.2 Herbal Medicine Market Segment by Type
1.2.1 Detoxification Medicine
1.2.2 Antipyretic Medicine
1.2.3 Aigestant Medicine
1.2.4 Blood Circulation Medicine
1.2.5 Others
1.3 Global Herbal Medicine Market Size by Type
1.3.1 Global Herbal Medicine Market Size Overview by Type (2018-2029)
1.3.2 Global Herbal Medicine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Herbal Medicine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Herbal Medicine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Herbal Medicine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Herbal Medicine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Herbal Medicine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Herbal Medicine Sales Breakdown by Type (2018-2023)
2 Global Herbal Medicine Market Competition by Company
2.1 Global Top Players by Herbal Medicine Sales (2018-2023)
2.2 Global Top Players by Herbal Medicine Revenue (2018-2023)
2.3 Global Top Players by Herbal Medicine Price (2018-2023)
2.4 Global Top Manufacturers Herbal Medicine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Herbal Medicine Market Competitive Situation and Trends
2.5.1 Herbal Medicine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Herbal Medicine Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Herbal Medicine as of 2022)
2.7 Date of Key Manufacturers Enter into Herbal Medicine Market
2.8 Key Manufacturers Herbal Medicine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Herbal Medicine Status and Outlook by Region
3.1 Global Herbal Medicine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Herbal Medicine Historic Market Size by Region
3.2.1 Global Herbal Medicine Sales in Volume by Region (2018-2023)
3.2.2 Global Herbal Medicine Sales in Value by Region (2018-2023)
3.2.3 Global Herbal Medicine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Herbal Medicine Forecasted Market Size by Region
3.3.1 Global Herbal Medicine Sales in Volume by Region (2024-2029)
3.3.2 Global Herbal Medicine Sales in Value by Region (2024-2029)
3.3.3 Global Herbal Medicine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Herbal Medicine by Application
4.1 Herbal Medicine Market Segment by Application
4.1.1 Western Herbalism
4.1.2 Traditional Chinese Medicine
4.1.3 Others
4.2 Global Herbal Medicine Market Size by Application
4.2.1 Global Herbal Medicine Market Size Overview by Application (2018-2029)
4.2.2 Global Herbal Medicine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Herbal Medicine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Herbal Medicine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Herbal Medicine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Herbal Medicine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Herbal Medicine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Herbal Medicine Sales Breakdown by Application (2018-2023)
5 North America Herbal Medicine by Country
5.1 North America Herbal Medicine Historic Market Size by Country
5.1.1 North America Herbal Medicine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Herbal Medicine Sales in Volume by Country (2018-2023)
5.1.3 North America Herbal Medicine Sales in Value by Country (2018-2023)
5.2 North America Herbal Medicine Forecasted Market Size by Country
5.2.1 North America Herbal Medicine Sales in Volume by Country (2024-2029)
5.2.2 North America Herbal Medicine Sales in Value by Country (2024-2029)
6 Europe Herbal Medicine by Country
6.1 Europe Herbal Medicine Historic Market Size by Country
6.1.1 Europe Herbal Medicine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Herbal Medicine Sales in Volume by Country (2018-2023)
6.1.3 Europe Herbal Medicine Sales in Value by Country (2018-2023)
6.2 Europe Herbal Medicine Forecasted Market Size by Country
6.2.1 Europe Herbal Medicine Sales in Volume by Country (2024-2029)
6.2.2 Europe Herbal Medicine Sales in Value by Country (2024-2029)
7 Asia-Pacific Herbal Medicine by Region
7.1 Asia-Pacific Herbal Medicine Historic Market Size by Region
7.1.1 Asia-Pacific Herbal Medicine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Herbal Medicine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Herbal Medicine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Herbal Medicine Forecasted Market Size by Region
7.2.1 Asia-Pacific Herbal Medicine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Herbal Medicine Sales in Value by Region (2024-2029)
8 Latin America Herbal Medicine by Country
8.1 Latin America Herbal Medicine Historic Market Size by Country
8.1.1 Latin America Herbal Medicine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Herbal Medicine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Herbal Medicine Sales in Value by Country (2018-2023)
8.2 Latin America Herbal Medicine Forecasted Market Size by Country
8.2.1 Latin America Herbal Medicine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Herbal Medicine Sales in Value by Country (2024-2029)
9 Middle East and Africa Herbal Medicine by Country
9.1 Middle East and Africa Herbal Medicine Historic Market Size by Country
9.1.1 Middle East and Africa Herbal Medicine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Herbal Medicine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Herbal Medicine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Herbal Medicine Forecasted Market Size by Country
9.2.1 Middle East and Africa Herbal Medicine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Herbal Medicine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tsumura
10.1.1 Tsumura Company Information
10.1.2 Tsumura Introduction and Business Overview
10.1.3 Tsumura Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tsumura Herbal Medicine Products Offered
10.1.5 Tsumura Recent Development
10.2 Schwabe
10.2.1 Schwabe Company Information
10.2.2 Schwabe Introduction and Business Overview
10.2.3 Schwabe Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schwabe Herbal Medicine Products Offered
10.2.5 Schwabe Recent Development
10.3 Madaus
10.3.1 Madaus Company Information
10.3.2 Madaus Introduction and Business Overview
10.3.3 Madaus Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Madaus Herbal Medicine Products Offered
10.3.5 Madaus Recent Development
10.4 Weleda
10.4.1 Weleda Company Information
10.4.2 Weleda Introduction and Business Overview
10.4.3 Weleda Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Weleda Herbal Medicine Products Offered
10.4.5 Weleda Recent Development
10.5 Blackmores
10.5.1 Blackmores Company Information
10.5.2 Blackmores Introduction and Business Overview
10.5.3 Blackmores Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Blackmores Herbal Medicine Products Offered
10.5.5 Blackmores Recent Development
10.6 Arkopharma
10.6.1 Arkopharma Company Information
10.6.2 Arkopharma Introduction and Business Overview
10.6.3 Arkopharma Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Arkopharma Herbal Medicine Products Offered
10.6.5 Arkopharma Recent Development
10.7 SIDO MUNCUL
10.7.1 SIDO MUNCUL Company Information
10.7.2 SIDO MUNCUL Introduction and Business Overview
10.7.3 SIDO MUNCUL Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SIDO MUNCUL Herbal Medicine Products Offered
10.7.5 SIDO MUNCUL Recent Development
10.8 Arizona Natural
10.8.1 Arizona Natural Company Information
10.8.2 Arizona Natural Introduction and Business Overview
10.8.3 Arizona Natural Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Arizona Natural Herbal Medicine Products Offered
10.8.5 Arizona Natural Recent Development
10.9 Dabur
10.9.1 Dabur Company Information
10.9.2 Dabur Introduction and Business Overview
10.9.3 Dabur Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dabur Herbal Medicine Products Offered
10.9.5 Dabur Recent Development
10.10 Herbal Africa
10.10.1 Herbal Africa Company Information
10.10.2 Herbal Africa Introduction and Business Overview
10.10.3 Herbal Africa Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Herbal Africa Herbal Medicine Products Offered
10.10.5 Herbal Africa Recent Development
10.11 Nature’s Answer
10.11.1 Nature’s Answer Company Information
10.11.2 Nature’s Answer Introduction and Business Overview
10.11.3 Nature’s Answer Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nature’s Answer Herbal Medicine Products Offered
10.11.5 Nature’s Answer Recent Development
10.12 Bio-Botanica
10.12.1 Bio-Botanica Company Information
10.12.2 Bio-Botanica Introduction and Business Overview
10.12.3 Bio-Botanica Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Bio-Botanica Herbal Medicine Products Offered
10.12.5 Bio-Botanica Recent Development
10.13 Potter’s
10.13.1 Potter’s Company Information
10.13.2 Potter’s Introduction and Business Overview
10.13.3 Potter’s Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Potter’s Herbal Medicine Products Offered
10.13.5 Potter’s Recent Development
10.14 Zand
10.14.1 Zand Company Information
10.14.2 Zand Introduction and Business Overview
10.14.3 Zand Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Zand Herbal Medicine Products Offered
10.14.5 Zand Recent Development
10.15 Nature Herbs
10.15.1 Nature Herbs Company Information
10.15.2 Nature Herbs Introduction and Business Overview
10.15.3 Nature Herbs Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Nature Herbs Herbal Medicine Products Offered
10.15.5 Nature Herbs Recent Development
10.16 Imperial Ginseng
10.16.1 Imperial Ginseng Company Information
10.16.2 Imperial Ginseng Introduction and Business Overview
10.16.3 Imperial Ginseng Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Imperial Ginseng Herbal Medicine Products Offered
10.16.5 Imperial Ginseng Recent Development
10.17 Yunnan Baiyao
10.17.1 Yunnan Baiyao Company Information
10.17.2 Yunnan Baiyao Introduction and Business Overview
10.17.3 Yunnan Baiyao Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Yunnan Baiyao Herbal Medicine Products Offered
10.17.5 Yunnan Baiyao Recent Development
10.18 Tongrentang
10.18.1 Tongrentang Company Information
10.18.2 Tongrentang Introduction and Business Overview
10.18.3 Tongrentang Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Tongrentang Herbal Medicine Products Offered
10.18.5 Tongrentang Recent Development
10.19 TASLY
10.19.1 TASLY Company Information
10.19.2 TASLY Introduction and Business Overview
10.19.3 TASLY Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.19.4 TASLY Herbal Medicine Products Offered
10.19.5 TASLY Recent Development
10.20 Zhongxin
10.20.1 Zhongxin Company Information
10.20.2 Zhongxin Introduction and Business Overview
10.20.3 Zhongxin Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Zhongxin Herbal Medicine Products Offered
10.20.5 Zhongxin Recent Development
10.21 Kunming Pharma
10.21.1 Kunming Pharma Company Information
10.21.2 Kunming Pharma Introduction and Business Overview
10.21.3 Kunming Pharma Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Kunming Pharma Herbal Medicine Products Offered
10.21.5 Kunming Pharma Recent Development
10.22 Sanjiu
10.22.1 Sanjiu Company Information
10.22.2 Sanjiu Introduction and Business Overview
10.22.3 Sanjiu Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Sanjiu Herbal Medicine Products Offered
10.22.5 Sanjiu Recent Development
10.23 JZJT
10.23.1 JZJT Company Information
10.23.2 JZJT Introduction and Business Overview
10.23.3 JZJT Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.23.4 JZJT Herbal Medicine Products Offered
10.23.5 JZJT Recent Development
10.24 Guangzhou Pharma
10.24.1 Guangzhou Pharma Company Information
10.24.2 Guangzhou Pharma Introduction and Business Overview
10.24.3 Guangzhou Pharma Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Guangzhou Pharma Herbal Medicine Products Offered
10.24.5 Guangzhou Pharma Recent Development
10.25 Taiji
10.25.1 Taiji Company Information
10.25.2 Taiji Introduction and Business Overview
10.25.3 Taiji Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Taiji Herbal Medicine Products Offered
10.25.5 Taiji Recent Development
10.26 Haiyao
10.26.1 Haiyao Company Information
10.26.2 Haiyao Introduction and Business Overview
10.26.3 Haiyao Herbal Medicine Sales, Revenue and Gross Margin (2018-2023)
10.26.4 Haiyao Herbal Medicine Products Offered
10.26.5 Haiyao Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Herbal Medicine Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Herbal Medicine Industrial Chain Analysis
11.4 Herbal Medicine Market Dynamics
11.4.1 Herbal Medicine Industry Trends
11.4.2 Herbal Medicine Market Drivers
11.4.3 Herbal Medicine Market Challenges
11.4.4 Herbal Medicine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Herbal Medicine Distributors
12.3 Herbal Medicine Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
List of Tables Table 1. Major Company of Detoxification Medicine Table 2. Major Company of Antipyretic Medicine Table 3. Major Company of Aigestant Medicine Table 4. Major Company of Blood Circulation Medicine Table 5. Major Company of Others Table 6. Global Herbal Medicine Sales by Type 2018 VS 2022 VS 2029 (US$ Million) Table 7. Global Herbal Medicine Sales by Type (2018-2023) & (MT) Table 8. Global Herbal Medicine Sales Market Share in Volume by Type (2018-2023) Table 9. Global Herbal Medicine Sales by Type (2018-2023) & (US& Million) Table 10. Global Herbal Medicine Market Share in Value by Type (2018-2023) Table 11. Global Herbal Medicine Price by Type (2018-2023) & (USD/Kg) Table 12. Global Herbal Medicine Sales by Type (2024-2029) & (MT) Table 13. Global Herbal Medicine Sales Market Share in Volume by Type (2024-2029) Table 14. Global Herbal Medicine Sales by Type (2024-2029) & (US$ Million) Table 15. Global Herbal Medicine Sales Market Share in Value by Type (2024-2029) Table 16. Global Herbal Medicine Price by Type (2024-2029) & (USD/Kg) Table 17. North America Herbal Medicine Sales by Type (2018-2023) & (MT) Table 18. North America Herbal Medicine Sales by Type (2018-2023) & (US$ Million) Table 19. Europe Herbal Medicine Sales (MT) by Type (2018-2023) Table 20. Europe Herbal Medicine Sales by Type (2018-2023) & (US$ Million) Table 21. Asia-Pacific Herbal Medicine Sales (MT) by Type (2018-2023) Table 22. Asia-Pacific Herbal Medicine Sales by Type (2018-2023) & (US$ Million) Table 23. Latin America Herbal Medicine Sales (MT) by Type (2018-2023) Table 24. Latin America Herbal Medicine Sales by Type (2018-2023) & (US$ Million) Table 25. Middle East and Africa Herbal Medicine Sales (MT) by Type (2018-2023) Table 26. Middle East and Africa Herbal Medicine Sales by Type (2018-2023) & (US$ Million) Table 27. Global Herbal Medicine Sales by Company (2018-2023) & (MT) Table 28. Global Herbal Medicine Sales Share by Company (2018-2023) Table 29. Global Herbal Medicine Revenue by Company (2018-2023) & (US$ Million) Table 30. Global Herbal Medicine Revenue Share by Company (2018-2023) Table 31. Global Market Herbal Medicine Price by Company (2018-2023) & (USD/Kg) Table 32. Global Herbal Medicine Top Manufacturers Manufacturing Base Distribution and Sales Area Table 33. Global Herbal Medicine Manufacturers Market Concentration Ratio (CR5 and HHI) Table 34. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Herbal Medicine as of 2022) Table 35. Date of Key Manufacturers Enter into Herbal Medicine Market Table 36. Key Manufacturers Herbal Medicine Product Type Table 37. Mergers & Acquisitions, Expansion Plans Table 38. Global Herbal Medicine Market Size Comparison by Region (US$ Million): 2018 VS 2022 VS 2029 Table 39. Global Herbal Medicine Sales by Region (2018-2023) & (MT) Table 40. Global Herbal Medicine Sales Market Share in Volume by Region (2018-2023) Table 41. Global Herbal Medicine Sales by Region (2018-2023) & (US$ Million) Table 42. Global Herbal Medicine Sales Market Share in Value by Region (2018-2023) Table 43. Global Herbal Medicine Sales (MT), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2018-2023) Table 44. Global Herbal Medicine Sales by Region (2024-2029) & (MT) Table 45. Global Herbal Medicine Sales Market Share in Volume by Region (2024-2029) Table 46. Global Herbal Medicine Sales by Region (2024-2029) & (US$ Million) Table 47. Global Herbal Medicine Sales Market Share in Value by Region (2024-2029) Table 48. Global Herbal Medicine Sales (MT), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2024-2029) Table 49. Global Herbal Medicine Sales by Application: 2018 VS 2022 VS 2029 (US$ Million) Table 50. Global Herbal Medicine Sales by Application (2018-2023) & (MT) Table 51. Global Herbal Medicine Sales Market Share in Volume by Application (2018-2023) Table 52. Global Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 53. Global Herbal Medicine Sales Market Share in Value by Application (2018-2023) Table 54. Global Herbal Medicine Price by Application (2018-2023) & (USD/Kg) Table 55. Global Herbal Medicine Sales by Application (2024-2029) & (MT) Table 56. Global Herbal Medicine Sales Market Share in Volume by Application (2024-2029) Table 57. Global Herbal Medicine Sales by Application (2024-2029) & (US$ Million) Table 58. Global Herbal Medicine Sales Market Share in Value by Application (2024-2029) Table 59. Global Herbal Medicine Price by Application (2024-2029) & (USD/Kg) Table 60. North America Herbal Medicine Sales by Application (2018-2023) (MT) Table 61. North America Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 62. Europe Herbal Medicine Sales by Application (2018-2023) (MT) Table 63. Europe Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 64. Asia-Pacific Herbal Medicine Sales by Application (2018-2023) (MT) Table 65. Asia-Pacific Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 66. Latin America Herbal Medicine Sales by Application (2018-2023) (MT) Table 67. Latin America Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 68. Middle East and Africa Herbal Medicine Sales by Application (2018-2023) (MT) Table 69. Middle East and Africa Herbal Medicine Sales by Application (2018-2023) & (US$ Million) Table 70. North America Herbal Medicine Sales by Country (2018-2023) & (MT) Table 71. North America Herbal Medicine Sales Market Share in Volume by Country (2018-2023) Table 72. North America Herbal Medicine Sales by Country (2018-2023) & (US$ Million) Table 73. North America Herbal Medicine Sales Market Share in Value by Country (2018-2023) Table 74. North America Herbal Medicine Sales by Country (2024-2029) & (MT) Table 75. North America Herbal Medicine Sales Market Share in Volume by Country (2024-2029) Table 76. North America Herbal Medicine Sales by Country (2024-2029) & (US$ Million) Table 77. North America Herbal Medicine Sales Market Share in Value by Country (2024-2029) Table 78. Europe Herbal Medicine Sales by Country (2018-2023) & (MT) Table 79. Europe Herbal Medicine Sales Market Share in Volume by Country (2018-2023) Table 80. Europe Herbal Medicine Sales by Country (2018-2023) & (US$ Million) Table 81. Europe Herbal Medicine Sales Market Share in Value by Country (2018-2023) Table 82. Europe Herbal Medicine Sales by Country (2024-2029) & (MT) Table 83. Europe Herbal Medicine Sales Market Share in Volume by Country (2024-2029) Table 84. Europe Herbal Medicine Sales by Country (2024-2029) & (US$ Million) Table 85. Europe Herbal Medicine Sales Market Share in Value by Country (2024-2029) Table 86. Asia-Pacific Herbal Medicine Sales by Region (2018-2023) & (MT) Table 87. Asia-Pacific Herbal Medicine Sales Market Share in Volume by Region (2018-2023) Table 88. Asia-Pacific Herbal Medicine Sales by Region (2018-2023) & (US$ Million) Table 89. Asia-Pacific Herbal Medicine Sales Market Share in Value by Region (2018-2023) Table 90. Asia-Pacific Herbal Medicine Sales by Region (2024-2029) & (MT) Table 91. Asia-Pacific Herbal Medicine Sales Market Share in Volume by Region (2024-2029) Table 92. Asia-Pacific Herbal Medicine Sales by Region (2024-2029) & (US$ Million) Table 93. Asia-Pacific Herbal Medicine Sales Market Share in Value by Region (2024-2029) Table 94. Latin America Herbal Medicine Sales by Country (2018-2023) & (MT) Table 95. Latin America Herbal Medicine Sales Market Share in Volume by Country (2018-2023) Table 96. Latin America Herbal Medicine Sales by Country (2018-2023) & (US$ Million) Table 97. Latin America Herbal Medicine Sales Market Share in Value by Country (2018-2023) Table 98. Latin America Herbal Medicine Sales by Country (2024-2029) & (MT) Table 99. Latin America Herbal Medicine Sales Market Share in Volume by Country (2024-2029) Table 100. Latin America Herbal Medicine Sales by Country (2024-2029) & (US$ Million) Table 101. Latin America Herbal Medicine Sales Market Share in Value by Country (2024-2029) Table 102. Middle East and Africa Herbal Medicine Sales by Country (2018-2023) & (MT) Table 103. Middle East and Africa Herbal Medicine Sales Market Share in Volume by Country (2018-2023) Table 104. Middle East and Africa Herbal Medicine Sales by Country (2018-2023) & (US$ Million) Table 105. Middle East and Africa Herbal Medicine Sales Market Share in Value by Country (2018-2023) Table 106. Middle East and Africa Herbal Medicine Sales by Country (2024-2029) & (MT) Table 107. Middle East and Africa Herbal Medicine Sales Market Share in Volume by Country (2024-2029) Table 108. Middle East and Africa Herbal Medicine Sales by Country (2024-2029) & (US$ Million) Table 109. Middle East and Africa Herbal Medicine Sales Market Share in Value by Country (2024-2029) Table 110. Tsumura Company Information Table 111. Tsumura Introduction and Business Overview Table 112. Tsumura Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 113. Tsumura Herbal Medicine Product Table 114. Tsumura Recent Development Table 115. Schwabe Company Information Table 116. Schwabe Introduction and Business Overview Table 117. Schwabe Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 118. Schwabe Herbal Medicine Product Table 119. Schwabe Recent Development Table 120. Madaus Company Information Table 121. Madaus Introduction and Business Overview Table 122. Madaus Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 123. Madaus Herbal Medicine Product Table 124. Madaus Recent Development Table 125. Weleda Company Information Table 126. Weleda Introduction and Business Overview Table 127. Weleda Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 128. Weleda Herbal Medicine Product Table 129. Weleda Recent Development Table 130. Blackmores Company Information Table 131. Blackmores Introduction and Business Overview Table 132. Blackmores Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 133. Blackmores Herbal Medicine Product Table 134. Blackmores Recent Development Table 135. Arkopharma Company Information Table 136. Arkopharma Introduction and Business Overview Table 137. Arkopharma Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 138. Arkopharma Herbal Medicine Product Table 139. Arkopharma Recent Development Table 140. SIDO MUNCUL Company Information Table 141. SIDO MUNCUL Introduction and Business Overview Table 142. SIDO MUNCUL Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 143. SIDO MUNCUL Herbal Medicine Product Table 144. SIDO MUNCUL Recent Development Table 145. Arizona Natural Company Information Table 146. Arizona Natural Introduction and Business Overview Table 147. Arizona Natural Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 148. Arizona Natural Herbal Medicine Product Table 149. Arizona Natural Recent Development Table 150. Dabur Company Information Table 151. Dabur Introduction and Business Overview Table 152. Dabur Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 153. Dabur Herbal Medicine Product Table 154. Dabur Recent Development Table 155. Herbal Africa Company Information Table 156. Herbal Africa Introduction and Business Overview Table 157. Herbal Africa Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 158. Herbal Africa Herbal Medicine Product Table 159. Herbal Africa Recent Development Table 160. Nature’s Answer Company Information Table 161. Nature’s Answer Introduction and Business Overview Table 162. Nature’s Answer Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 163. Nature’s Answer Herbal Medicine Product Table 164. Nature’s Answer Recent Development Table 165. Bio-Botanica Company Information Table 166. Bio-Botanica Introduction and Business Overview Table 167. Bio-Botanica Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 168. Bio-Botanica Herbal Medicine Product Table 169. Bio-Botanica Recent Development Table 170. Potter’s Company Information Table 171. Potter’s Introduction and Business Overview Table 172. Potter’s Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 173. Potter’s Herbal Medicine Product Table 174. Potter’s Recent Development Table 175. Zand Company Information Table 176. Zand Introduction and Business Overview Table 177. Zand Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 178. Zand Herbal Medicine Product Table 179. Zand Recent Development Table 180. Nature Herbs Company Information Table 181. Nature Herbs Introduction and Business Overview Table 182. Nature Herbs Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 183. Nature Herbs Herbal Medicine Product Table 184. Nature Herbs Recent Development Table 185. Imperial Ginseng Company Information Table 186. Imperial Ginseng Introduction and Business Overview Table 187. Imperial Ginseng Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 188. Imperial Ginseng Herbal Medicine Product Table 189. Imperial Ginseng Recent Development Table 190. Yunnan Baiyao Company Information Table 191. Yunnan Baiyao Introduction and Business Overview Table 192. Yunnan Baiyao Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 193. Yunnan Baiyao Herbal Medicine Product Table 194. Yunnan Baiyao Recent Development Table 195. Tongrentang Company Information Table 196. Tongrentang Introduction and Business Overview Table 197. Tongrentang Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 198. Tongrentang Herbal Medicine Product Table 199. Tongrentang Recent Development Table 200. TASLY Company Information Table 201. TASLY Introduction and Business Overview Table 202. TASLY Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 203. TASLY Herbal Medicine Product Table 204. TASLY Recent Development Table 205. Zhongxin Company Information Table 206. Zhongxin Introduction and Business Overview Table 207. Zhongxin Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 208. Zhongxin Herbal Medicine Product Table 209. Zhongxin Recent Development Table 210. Kunming Pharma Company Information Table 211. Kunming Pharma Introduction and Business Overview Table 212. Kunming Pharma Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 213. Kunming Pharma Herbal Medicine Product Table 214. Kunming Pharma Recent Development Table 215. Sanjiu Company Information Table 216. Sanjiu Introduction and Business Overview Table 217. Sanjiu Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 218. Sanjiu Herbal Medicine Product Table 219. Sanjiu Recent Development Table 220. JZJT Company Information Table 221. JZJT Introduction and Business Overview Table 222. JZJT Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 223. JZJT Herbal Medicine Product Table 224. JZJT Recent Development Table 225. Guangzhou Pharma Company Information Table 226. Guangzhou Pharma Introduction and Business Overview Table 227. Guangzhou Pharma Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 228. Guangzhou Pharma Herbal Medicine Product Table 229. Guangzhou Pharma Recent Development Table 230. Taiji Introduction and Business Overview Table 231. Taiji Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 232. Taiji Herbal Medicine Product Table 233. Taiji Recent Development Table 234. Taiji Company Information Table 235. Haiyao Company Information Table 236. Haiyao Introduction and Business Overview Table 237. Haiyao Herbal Medicine Sales (MT), Revenue (Million USD), Price (USD/Kg) and Gross Margin (2018-2023) Table 238. Haiyao Herbal Medicine Product Table 239. Haiyao Recent Development Table 240. Key Raw Materials Lists Table 241. Raw Materials Key Suppliers Lists Table 242. Herbal Medicine Market Trends Table 243. Herbal Medicine Market Drivers Table 244. Herbal Medicine Market Challenges Table 245. Herbal Medicine Market Restraints Table 246. Herbal Medicine Distributors List Table 247. Herbal Medicine Downstream Customers Table 248. Research Programs/Design for This Report Table 249. Key Data Information from Secondary Sources Table 250. Key Data Information from Primary Sources List of Figures Figure 1. Herbal Medicine Product Picture Figure 2. Global Herbal Medicine Market Size, 2018 VS 2022 VS 2029 (US$ Million) Figure 3. Global Herbal Medicine Market Size Status and Outlook (2018-2029) & (US$ Million) Figure 4. Global Herbal Medicine Sales Status and Outlook (2018-2029) & (MT) Figure 5. Product Picture of Detoxification Medicine Figure 6. Global Detoxification Medicine Sales YoY Growth (2018-2029) & (MT) Figure 7. Product Picture of Antipyretic Medicine Figure 8. Global Antipyretic Medicine Sales YoY Growth (2018-2029) & (MT) Figure 9. Product Picture of Aigestant Medicine Figure 10. Global Aigestant Medicine Sales YoY Growth (2018-2029) & (MT) Figure 11. Product Picture of Blood Circulation Medicine Figure 12. Global Blood Circulation Medicine Sales YoY Growth (2018-2029) & (MT) Figure 13. Product Picture of Others Figure 14. Global Others Sales YoY Growth (2018-2029) & (MT) Figure 15. Global Herbal Medicine Sales by Type (2018-2029) & (US$ Million) Figure 16. Global Herbal Medicine Sales Market Share by Type in 2022 & 2029 Figure 17. North America Herbal Medicine Sales Market Share in Volume by Type in 2022 Figure 18. North America Herbal Medicine Sales Market Share in Value by Type in 2022 Figure 19. Europe Herbal Medicine Sales Market Share in Volume by Type in 2022 Figure 20. Europe Herbal Medicine Sales Market Share in Value by Type in 2022 Figure 21. Asia-Pacific Herbal Medicine Sales Market Share in Volume by Type in 2022 Figure 22. Asia-Pacific Herbal Medicine Sales Market Share in Value by Type in 2022 Figure 23. Latin America Herbal Medicine Sales Market Share in Volume by Type in 2022 Figure 24. Latin America Herbal Medicine Sales Market Share in Value by Type in 2022 Figure 25. Middle East and Africa Herbal Medicine Sales Market Share in Volume by Type in 2022 Figure 26. Middle East and Africa Herbal Medicine Sales Market Share in Value by Type in 2022 Figure 27. The 5 and 10 Largest Manufacturers in the World: Market Share by Herbal Medicine Sales in 2022 Figure 28. The 5 and 10 Largest Manufacturers in the World: Market Share by Herbal Medicine Revenue in 2022 Figure 29. Herbal Medicine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022 Figure 30. Product Picture of Western Herbalism Figure 31. Global Western Herbalism Sales YoY Growth (2018-2029) & (MT) Figure 32. Product Picture of Traditional Chinese Medicine Figure 33. Global Traditional Chinese Medicine Sales YoY Growth (2018-2029) & (MT) Figure 34. Product Picture of Others Figure 35. Global Others Sales YoY Growth (2018-2029) & (MT) Figure 36. Global Herbal Medicine Sales by Application (2018-2029) & (US$ Million) Figure 37. Global Herbal Medicine Sales Market Share by Application in 2022 & 2029 Figure 38. North America Herbal Medicine Sales Market Share in Volume by Application in 2022 Figure 39. North America Herbal Medicine Sales Market Share in Value by Application in 2022 Figure 40. Europe Herbal Medicine Sales Market Share in Volume by Application in 2022 Figure 41. Europe Herbal Medicine Sales Market Share in Value by Application in 2022 Figure 42. Asia-Pacific Herbal Medicine Sales Market Share in Volume by Application in 2022 Figure 43. Asia-Pacific Herbal Medicine Sales Market Share in Value by Application in 2022 Figure 44. Latin America Herbal Medicine Sales Market Share in Volume by Application in 2022 Figure 45. Latin America Herbal Medicine Sales Market Share in Value by Application in 2022 Figure 46. Middle East and Africa Herbal Medicine Sales Market Share in Value by Application in 2022 Figure 47. Key Raw Materials Price Figure 48. Herbal Medicine Manufacturing Cost Structure Figure 49. Herbal Medicine Industrial Chain Analysis Figure 50. Channels of Distribution Figure 51. Distributors Profiles Figure 52. Bottom-up and Top-down Approaches for This Report Figure 53. Data Triangulation Figure 54. Key Executives Interviewed
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.
Traditional herbal medicines are naturally occurring, plant-derived substances with minimal or no industrial processing that have been used to treat illness within local or regional healing practices. Herbal Medicine report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Herbal Medicine market is projected to reach US$ 246320 million in 2029, increasing from US$ 159800 million in 2022, with the CAGR of 6.3% during the period of 2023 to 2029. Demand from Western Herbalism and Traditional Chinese Medicine are the major drivers for the industry. Asia-Pacific is the largest region of Herbal Medicine, with a market share about 50%, followed by Europe and North America, etc. Tsumura, Schwabe, Yunnan Baiyao, Tongrentang and TASLY are the key manufacturers of industry, and top 10 players had less than 25% combined market share. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Herbal Medicine market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company 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 Segment by Type Detoxification Medicine Antipyretic Medicine Aigestant Medicine Blood Circulation Medicine Others Segment by Application Western Herbalism Traditional Chinese Medicine Others Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E Each chapter of the report provides detailed information for readers to understand the Herbal Medicine market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Herbal Medicine, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Herbal Medicine industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Herbal Medicine in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Herbal Medicine introduction, etc. Herbal Medicine Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Herbal Medicine market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
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We can offer customized survey and information to meet ourclient's need.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now