The new
Healthcare report “Global
Herbal Medicinal Products Market” accounted to USD 7.9 billion in 2016
growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The
upcoming market report contains data for historic years 2015, the base year of
calculation is 2016 and the forecast period is 2017 to 2024.
Major report drivers and restraints: Global Herbal
Medicinal Products Market
·
Growing Geriatric Population
·
Growing Consumer Awareness
Regarding Preventive Health Care Measures
·
Supervisory Effect on Future
Growth of the Herbal Supplements Market
·
Higher Cost of Raw Materials
·
Side Effects of Allopathic
Drugs
·
Rising Emerging Economies
Global Herbal
Medicinal Products Market, by Product Type (Homeopathic medicines, Ayurvedic
medicines, Chinese medicines and Aromatherapy products), Source (Barks, Leaves,
Roots, Fruits & Vegetables, and Others), Application (Food & Beverages,
Pharmaceuticals, Personal Care, and Others), Form (Syrups, Powder, Capsules
& Tablets, Oils and Others), Geography (North America, Europe,
Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends
and Forecast to 2024
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Report Definition: Global Herbal
Medicinal Products Market
Herbal
medicinal products are obtained from plants comprising active ingredients one
or more herbal preparations, herbal substances, and herbal combinations. Herbal
medicinal products are available in the form of powdered plant material and
disinfected extract from lively ingredients insulated from plant materials.
Herbal medicinal products are also derived from the part of plant either
fragmented, cut of algae, plant, lichen and fungi.
Competitive
Analysis: Global Herbal Medicinal Products Market
The global herbal
medicinal products market report is
highly fragmented and is based on new product launches and clinical results of
products. Hence the major players have used various strategies such as new
product launches, clinical trials, market initiatives, high expense on research
and development, agreements, joint ventures, partnerships, acquisitions, and
others to increase their footprints in this market. The report includes market
shares of herbal medicinal products market for global, Europe, North America,
Asia Pacific and South America.
Major
Market Competitors
Some of the major players operating in
global herbal medicinal products market are 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, and Guangzhou
Pharma among others.
Speak
to Analyst about the Global Herbal Medicinal Products Market Visit @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-herbal-medicinal-products-market
Report Segmentation: Global Herbal
Medicinal Products Market
By product type the global
herbal medicinal products market is segmented into homeopathic medicines,
ayurvedic medicines, Chinese medicines and aromatherapy products.
By source the global herbal
medicinal products market is segmented into barks, leaves, roots, fruits &
vegetables, and others.
On the basis of application
the global herbal medicinal products
market is segmented into food & beverages, pharmaceuticals,
personal care, and others.
On the basis of form the
global herbal medicinal products market is segmented into syrups, powder, capsules
& tablets, oils and others.
Geographical Segmentation
On the basis of geography,
global herbal medicinal products market report covers data points for 28
countries across multiple geographies such as North America & South
America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major
countries covered in this report are U.S., Canada, Germany, France, U.K.,
Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan,
Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In
2017, North America is expected to dominate the market.
Read more about the Global Herbal
Medicinal Products Market Visit @ http://databridgemarketresearch.com/reports/global-herbal-medicinal-products-market/
Research
Methodology: Global Herbal Medicinal Products Market
Data collection and base year analysis is done using data
collection modules with large sample sizes. The market data is analyzed and
forecasted using market statistical and coherent models. Also market share
analysis and key trend analysis are the major success factors in the market
report. To know more please Request an Analyst call drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical
Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations,
Associations, Insurers, Medical Payers, Healthcare Authorities, Universities,
Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing
Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory
Affairs Managers among others.
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