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.
Scope of the Global OTC Herbal and Traditional Medicines Market Report
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.
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 GIR (Global Info Research) study.
Global OTC Herbal and Traditional Medicines Market Segment by regional analysis covers
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global OTC Herbal and Traditional Medicines Market Segment by Type
OTC Herbal Traditional Medicine
Global OTC Herbal and Traditional Medicines Market Segment by Applications, can be divided into
Detoxification Medicine Antipyretic Medicine Digestive Medicine Blood Circulation Medicine
Some of the Points cover in Global OTC Herbal and Traditional Medicines Market Research Report is:
Chapter 1: Describe OTC Herbal and Traditional Medicines Industry
Introduction, Product Scope, Market Overview, Market Opportunities, Market Risk, Market Driving Force Chapter 2: To analyze the top manufacturers of OTC Herbal and Traditional Medicines Industry in 2016 and 2017
Sales Revenue and price Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
Sales Revenue and market share Chapter 4: Global OTC Herbal and Traditional Medicines Market by regions from 2013 to 2018
Sales Revenue and market share Chapter 5, 6, 7 and 8: Global OTC Herbal and Traditional Medicines Market by key countries in these regions
Sales Revenue and market share Chapter 9 and 10: Global OTC Herbal and Traditional Medicines Market by type and application from 2013 to 2018
Sales Revenue and market share Growth rate Chapter 11:OTC Herbal and Traditional Medicines Industry Market forecast from 2018 to 2023
Regions Type and application with sales and revenue Chapter 12 and 13:OTC Herbal and Traditional Medicines Industry
Sales channel Distributors Traders and dealers Appendix Data source About Us:
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