Global Herbal Medicine Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Description

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.

According to our (Global Info Research) latest study, the global Herbal Medicine market size was valued at USD 164430 million in 2022 and is forecast to a readjusted size of USD 247710 million by 2029 with a CAGR of 6.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

This report is a detailed and comprehensive analysis for global Herbal Medicine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Herbal Medicine market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Herbal Medicine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Herbal Medicine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global Herbal Medicine market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Herbal Medicine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Herbal Medicine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tsumura, Schwabe, Madaus, Weleda and Blackmores, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Herbal Medicine market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Detoxification Medicine
    Antipyretic Medicine
    Aigestant Medicine
    Blood Circulation Medicine
    Others

Market segment by Application
    Western Herbalism
    Traditional Chinese Medicine
    Others

Major players covered
    Tsumura
    Schwabe
    Madaus
    Weleda
    Blackmores
    Arkopharma
    SIDO MUNCUL
    Arizona Natural
    Dabur
    Herbal Africa
    Nature’s Answer
    Bio-Botanica
    Potter’s
    Zand
    Nature Herbs
    Imperial Ginseng
    Yunnan Baiyao
    Tongrentang
    TASLY
    Zhongxin
    Kunming Pharma
    Sanjiu
    JZJT
    Guangzhou Pharma
    Taiji
    Haiyao

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Herbal Medicine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Herbal Medicine, with price, sales, revenue and global market share of Herbal Medicine from 2018 to 2023.
Chapter 3, the Herbal Medicine competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Herbal Medicine breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Herbal Medicine market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Herbal Medicine.
Chapter 14 and 15, to describe Herbal Medicine sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Herbal Medicine
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Herbal Medicine Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Detoxification Medicine
        1.3.3 Antipyretic Medicine
        1.3.4 Aigestant Medicine
        1.3.5 Blood Circulation Medicine
        1.3.6 Others
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Herbal Medicine Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Western Herbalism
        1.4.3 Traditional Chinese Medicine
        1.4.4 Others
    1.5 Global Herbal Medicine Market Size & Forecast
        1.5.1 Global Herbal Medicine Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Herbal Medicine Sales Quantity (2018-2029)
        1.5.3 Global Herbal Medicine Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Tsumura
        2.1.1 Tsumura Details
        2.1.2 Tsumura Major Business
        2.1.3 Tsumura Herbal Medicine Product and Services
        2.1.4 Tsumura Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Tsumura Recent Developments/Updates
    2.2 Schwabe
        2.2.1 Schwabe Details
        2.2.2 Schwabe Major Business
        2.2.3 Schwabe Herbal Medicine Product and Services
        2.2.4 Schwabe Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Schwabe Recent Developments/Updates
    2.3 Madaus
        2.3.1 Madaus Details
        2.3.2 Madaus Major Business
        2.3.3 Madaus Herbal Medicine Product and Services
        2.3.4 Madaus Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Madaus Recent Developments/Updates
    2.4 Weleda
        2.4.1 Weleda Details
        2.4.2 Weleda Major Business
        2.4.3 Weleda Herbal Medicine Product and Services
        2.4.4 Weleda Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Weleda Recent Developments/Updates
    2.5 Blackmores
        2.5.1 Blackmores Details
        2.5.2 Blackmores Major Business
        2.5.3 Blackmores Herbal Medicine Product and Services
        2.5.4 Blackmores Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Blackmores Recent Developments/Updates
    2.6 Arkopharma
        2.6.1 Arkopharma Details
        2.6.2 Arkopharma Major Business
        2.6.3 Arkopharma Herbal Medicine Product and Services
        2.6.4 Arkopharma Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Arkopharma Recent Developments/Updates
    2.7 SIDO MUNCUL
        2.7.1 SIDO MUNCUL Details
        2.7.2 SIDO MUNCUL Major Business
        2.7.3 SIDO MUNCUL Herbal Medicine Product and Services
        2.7.4 SIDO MUNCUL Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 SIDO MUNCUL Recent Developments/Updates
    2.8 Arizona Natural
        2.8.1 Arizona Natural Details
        2.8.2 Arizona Natural Major Business
        2.8.3 Arizona Natural Herbal Medicine Product and Services
        2.8.4 Arizona Natural Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Arizona Natural Recent Developments/Updates
    2.9 Dabur
        2.9.1 Dabur Details
        2.9.2 Dabur Major Business
        2.9.3 Dabur Herbal Medicine Product and Services
        2.9.4 Dabur Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Dabur Recent Developments/Updates
    2.10 Herbal Africa
        2.10.1 Herbal Africa Details
        2.10.2 Herbal Africa Major Business
        2.10.3 Herbal Africa Herbal Medicine Product and Services
        2.10.4 Herbal Africa Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Herbal Africa Recent Developments/Updates
    2.11 Nature’s Answer
        2.11.1 Nature’s Answer Details
        2.11.2 Nature’s Answer Major Business
        2.11.3 Nature’s Answer Herbal Medicine Product and Services
        2.11.4 Nature’s Answer Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Nature’s Answer Recent Developments/Updates
    2.12 Bio-Botanica
        2.12.1 Bio-Botanica Details
        2.12.2 Bio-Botanica Major Business
        2.12.3 Bio-Botanica Herbal Medicine Product and Services
        2.12.4 Bio-Botanica Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Bio-Botanica Recent Developments/Updates
    2.13 Potter’s
        2.13.1 Potter’s Details
        2.13.2 Potter’s Major Business
        2.13.3 Potter’s Herbal Medicine Product and Services
        2.13.4 Potter’s Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Potter’s Recent Developments/Updates
    2.14 Zand
        2.14.1 Zand Details
        2.14.2 Zand Major Business
        2.14.3 Zand Herbal Medicine Product and Services
        2.14.4 Zand Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Zand Recent Developments/Updates
    2.15 Nature Herbs
        2.15.1 Nature Herbs Details
        2.15.2 Nature Herbs Major Business
        2.15.3 Nature Herbs Herbal Medicine Product and Services
        2.15.4 Nature Herbs Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 Nature Herbs Recent Developments/Updates
    2.16 Imperial Ginseng
        2.16.1 Imperial Ginseng Details
        2.16.2 Imperial Ginseng Major Business
        2.16.3 Imperial Ginseng Herbal Medicine Product and Services
        2.16.4 Imperial Ginseng Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 Imperial Ginseng Recent Developments/Updates
    2.17 Yunnan Baiyao
        2.17.1 Yunnan Baiyao Details
        2.17.2 Yunnan Baiyao Major Business
        2.17.3 Yunnan Baiyao Herbal Medicine Product and Services
        2.17.4 Yunnan Baiyao Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.17.5 Yunnan Baiyao Recent Developments/Updates
    2.18 Tongrentang
        2.18.1 Tongrentang Details
        2.18.2 Tongrentang Major Business
        2.18.3 Tongrentang Herbal Medicine Product and Services
        2.18.4 Tongrentang Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.18.5 Tongrentang Recent Developments/Updates
    2.19 TASLY
        2.19.1 TASLY Details
        2.19.2 TASLY Major Business
        2.19.3 TASLY Herbal Medicine Product and Services
        2.19.4 TASLY Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.19.5 TASLY Recent Developments/Updates
    2.20 Zhongxin
        2.20.1 Zhongxin Details
        2.20.2 Zhongxin Major Business
        2.20.3 Zhongxin Herbal Medicine Product and Services
        2.20.4 Zhongxin Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.20.5 Zhongxin Recent Developments/Updates
    2.21 Kunming Pharma
        2.21.1 Kunming Pharma Details
        2.21.2 Kunming Pharma Major Business
        2.21.3 Kunming Pharma Herbal Medicine Product and Services
        2.21.4 Kunming Pharma Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.21.5 Kunming Pharma Recent Developments/Updates
    2.22 Sanjiu
        2.22.1 Sanjiu Details
        2.22.2 Sanjiu Major Business
        2.22.3 Sanjiu Herbal Medicine Product and Services
        2.22.4 Sanjiu Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.22.5 Sanjiu Recent Developments/Updates
    2.23 JZJT
        2.23.1 JZJT Details
        2.23.2 JZJT Major Business
        2.23.3 JZJT Herbal Medicine Product and Services
        2.23.4 JZJT Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.23.5 JZJT Recent Developments/Updates
    2.24 Guangzhou Pharma
        2.24.1 Guangzhou Pharma Details
        2.24.2 Guangzhou Pharma Major Business
        2.24.3 Guangzhou Pharma Herbal Medicine Product and Services
        2.24.4 Guangzhou Pharma Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.24.5 Guangzhou Pharma Recent Developments/Updates
    2.25 Taiji
        2.25.1 Taiji Details
        2.25.2 Taiji Major Business
        2.25.3 Taiji Herbal Medicine Product and Services
        2.25.4 Taiji Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.25.5 Taiji Recent Developments/Updates
    2.26 Haiyao
        2.26.1 Haiyao Details
        2.26.2 Haiyao Major Business
        2.26.3 Haiyao Herbal Medicine Product and Services
        2.26.4 Haiyao Herbal Medicine Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.26.5 Haiyao Recent Developments/Updates

3 Competitive Environment: Herbal Medicine by Manufacturer
    3.1 Global Herbal Medicine Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Herbal Medicine Revenue by Manufacturer (2018-2023)
    3.3 Global Herbal Medicine Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Herbal Medicine by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Herbal Medicine Manufacturer Market Share in 2022
        3.4.2 Top 6 Herbal Medicine Manufacturer Market Share in 2022
    3.5 Herbal Medicine Market: Overall Company Footprint Analysis
        3.5.1 Herbal Medicine Market: Region Footprint
        3.5.2 Herbal Medicine Market: Company Product Type Footprint
        3.5.3 Herbal Medicine Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Herbal Medicine Market Size by Region
        4.1.1 Global Herbal Medicine Sales Quantity by Region (2018-2029)
        4.1.2 Global Herbal Medicine Consumption Value by Region (2018-2029)
        4.1.3 Global Herbal Medicine Average Price by Region (2018-2029)
    4.2 North America Herbal Medicine Consumption Value (2018-2029)
    4.3 Europe Herbal Medicine Consumption Value (2018-2029)
    4.4 Asia-Pacific Herbal Medicine Consumption Value (2018-2029)
    4.5 South America Herbal Medicine Consumption Value (2018-2029)
    4.6 Middle East and Africa Herbal Medicine Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Herbal Medicine Sales Quantity by Type (2018-2029)
    5.2 Global Herbal Medicine Consumption Value by Type (2018-2029)
    5.3 Global Herbal Medicine Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Herbal Medicine Sales Quantity by Application (2018-2029)
    6.2 Global Herbal Medicine Consumption Value by Application (2018-2029)
    6.3 Global Herbal Medicine Average Price by Application (2018-2029)

7 North America
    7.1 North America Herbal Medicine Sales Quantity by Type (2018-2029)
    7.2 North America Herbal Medicine Sales Quantity by Application (2018-2029)
    7.3 North America Herbal Medicine Market Size by Country
        7.3.1 North America Herbal Medicine Sales Quantity by Country (2018-2029)
        7.3.2 North America Herbal Medicine Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Herbal Medicine Sales Quantity by Type (2018-2029)
    8.2 Europe Herbal Medicine Sales Quantity by Application (2018-2029)
    8.3 Europe Herbal Medicine Market Size by Country
        8.3.1 Europe Herbal Medicine Sales Quantity by Country (2018-2029)
        8.3.2 Europe Herbal Medicine Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Herbal Medicine Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Herbal Medicine Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Herbal Medicine Market Size by Region
        9.3.1 Asia-Pacific Herbal Medicine Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Herbal Medicine Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Herbal Medicine Sales Quantity by Type (2018-2029)
    10.2 South America Herbal Medicine Sales Quantity by Application (2018-2029)
    10.3 South America Herbal Medicine Market Size by Country
        10.3.1 South America Herbal Medicine Sales Quantity by Country (2018-2029)
        10.3.2 South America Herbal Medicine Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Herbal Medicine Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Herbal Medicine Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Herbal Medicine Market Size by Country
        11.3.1 Middle East & Africa Herbal Medicine Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Herbal Medicine Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Herbal Medicine Market Drivers
    12.2 Herbal Medicine Market Restraints
    12.3 Herbal Medicine Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Herbal Medicine and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Herbal Medicine
    13.3 Herbal Medicine Production Process
    13.4 Herbal Medicine Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Herbal Medicine Typical Distributors
    14.3 Herbal Medicine Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Herbal Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Herbal Medicine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Tsumura Basic Information, Manufacturing Base and Competitors
    Table 4. Tsumura Major Business
    Table 5. Tsumura Herbal Medicine Product and Services
    Table 6. Tsumura Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Tsumura Recent Developments/Updates
    Table 8. Schwabe Basic Information, Manufacturing Base and Competitors
    Table 9. Schwabe Major Business
    Table 10. Schwabe Herbal Medicine Product and Services
    Table 11. Schwabe Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. Schwabe Recent Developments/Updates
    Table 13. Madaus Basic Information, Manufacturing Base and Competitors
    Table 14. Madaus Major Business
    Table 15. Madaus Herbal Medicine Product and Services
    Table 16. Madaus Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Madaus Recent Developments/Updates
    Table 18. Weleda Basic Information, Manufacturing Base and Competitors
    Table 19. Weleda Major Business
    Table 20. Weleda Herbal Medicine Product and Services
    Table 21. Weleda Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Weleda Recent Developments/Updates
    Table 23. Blackmores Basic Information, Manufacturing Base and Competitors
    Table 24. Blackmores Major Business
    Table 25. Blackmores Herbal Medicine Product and Services
    Table 26. Blackmores Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Blackmores Recent Developments/Updates
    Table 28. Arkopharma Basic Information, Manufacturing Base and Competitors
    Table 29. Arkopharma Major Business
    Table 30. Arkopharma Herbal Medicine Product and Services
    Table 31. Arkopharma Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Arkopharma Recent Developments/Updates
    Table 33. SIDO MUNCUL Basic Information, Manufacturing Base and Competitors
    Table 34. SIDO MUNCUL Major Business
    Table 35. SIDO MUNCUL Herbal Medicine Product and Services
    Table 36. SIDO MUNCUL Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. SIDO MUNCUL Recent Developments/Updates
    Table 38. Arizona Natural Basic Information, Manufacturing Base and Competitors
    Table 39. Arizona Natural Major Business
    Table 40. Arizona Natural Herbal Medicine Product and Services
    Table 41. Arizona Natural Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Arizona Natural Recent Developments/Updates
    Table 43. Dabur Basic Information, Manufacturing Base and Competitors
    Table 44. Dabur Major Business
    Table 45. Dabur Herbal Medicine Product and Services
    Table 46. Dabur Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. Dabur Recent Developments/Updates
    Table 48. Herbal Africa Basic Information, Manufacturing Base and Competitors
    Table 49. Herbal Africa Major Business
    Table 50. Herbal Africa Herbal Medicine Product and Services
    Table 51. Herbal Africa Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Herbal Africa Recent Developments/Updates
    Table 53. Nature’s Answer Basic Information, Manufacturing Base and Competitors
    Table 54. Nature’s Answer Major Business
    Table 55. Nature’s Answer Herbal Medicine Product and Services
    Table 56. Nature’s Answer Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. Nature’s Answer Recent Developments/Updates
    Table 58. Bio-Botanica Basic Information, Manufacturing Base and Competitors
    Table 59. Bio-Botanica Major Business
    Table 60. Bio-Botanica Herbal Medicine Product and Services
    Table 61. Bio-Botanica Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. Bio-Botanica Recent Developments/Updates
    Table 63. Potter’s Basic Information, Manufacturing Base and Competitors
    Table 64. Potter’s Major Business
    Table 65. Potter’s Herbal Medicine Product and Services
    Table 66. Potter’s Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Potter’s Recent Developments/Updates
    Table 68. Zand Basic Information, Manufacturing Base and Competitors
    Table 69. Zand Major Business
    Table 70. Zand Herbal Medicine Product and Services
    Table 71. Zand Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. Zand Recent Developments/Updates
    Table 73. Nature Herbs Basic Information, Manufacturing Base and Competitors
    Table 74. Nature Herbs Major Business
    Table 75. Nature Herbs Herbal Medicine Product and Services
    Table 76. Nature Herbs Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Nature Herbs Recent Developments/Updates
    Table 78. Imperial Ginseng Basic Information, Manufacturing Base and Competitors
    Table 79. Imperial Ginseng Major Business
    Table 80. Imperial Ginseng Herbal Medicine Product and Services
    Table 81. Imperial Ginseng Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 82. Imperial Ginseng Recent Developments/Updates
    Table 83. Yunnan Baiyao Basic Information, Manufacturing Base and Competitors
    Table 84. Yunnan Baiyao Major Business
    Table 85. Yunnan Baiyao Herbal Medicine Product and Services
    Table 86. Yunnan Baiyao Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 87. Yunnan Baiyao Recent Developments/Updates
    Table 88. Tongrentang Basic Information, Manufacturing Base and Competitors
    Table 89. Tongrentang Major Business
    Table 90. Tongrentang Herbal Medicine Product and Services
    Table 91. Tongrentang Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 92. Tongrentang Recent Developments/Updates
    Table 93. TASLY Basic Information, Manufacturing Base and Competitors
    Table 94. TASLY Major Business
    Table 95. TASLY Herbal Medicine Product and Services
    Table 96. TASLY Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 97. TASLY Recent Developments/Updates
    Table 98. Zhongxin Basic Information, Manufacturing Base and Competitors
    Table 99. Zhongxin Major Business
    Table 100. Zhongxin Herbal Medicine Product and Services
    Table 101. Zhongxin Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 102. Zhongxin Recent Developments/Updates
    Table 103. Kunming Pharma Basic Information, Manufacturing Base and Competitors
    Table 104. Kunming Pharma Major Business
    Table 105. Kunming Pharma Herbal Medicine Product and Services
    Table 106. Kunming Pharma Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Kunming Pharma Recent Developments/Updates
    Table 108. Sanjiu Basic Information, Manufacturing Base and Competitors
    Table 109. Sanjiu Major Business
    Table 110. Sanjiu Herbal Medicine Product and Services
    Table 111. Sanjiu Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 112. Sanjiu Recent Developments/Updates
    Table 113. JZJT Basic Information, Manufacturing Base and Competitors
    Table 114. JZJT Major Business
    Table 115. JZJT Herbal Medicine Product and Services
    Table 116. JZJT Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 117. JZJT Recent Developments/Updates
    Table 118. Guangzhou Pharma Basic Information, Manufacturing Base and Competitors
    Table 119. Guangzhou Pharma Major Business
    Table 120. Guangzhou Pharma Herbal Medicine Product and Services
    Table 121. Guangzhou Pharma Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 122. Guangzhou Pharma Recent Developments/Updates
    Table 123. Taiji Basic Information, Manufacturing Base and Competitors
    Table 124. Taiji Major Business
    Table 125. Taiji Herbal Medicine Product and Services
    Table 126. Taiji Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 127. Taiji Recent Developments/Updates
    Table 128. Haiyao Basic Information, Manufacturing Base and Competitors
    Table 129. Haiyao Major Business
    Table 130. Haiyao Herbal Medicine Product and Services
    Table 131. Haiyao Herbal Medicine Sales Quantity (MT), Average Price (USD/Kg), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 132. Haiyao Recent Developments/Updates
    Table 133. Global Herbal Medicine Sales Quantity by Manufacturer (2018-2023) & (MT)
    Table 134. Global Herbal Medicine Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 135. Global Herbal Medicine Average Price by Manufacturer (2018-2023) & (USD/Kg)
    Table 136. Market Position of Manufacturers in Herbal Medicine, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 137. Head Office and Herbal Medicine Production Site of Key Manufacturer
    Table 138. Herbal Medicine Market: Company Product Type Footprint
    Table 139. Herbal Medicine Market: Company Product Application Footprint
    Table 140. Herbal Medicine New Market Entrants and Barriers to Market Entry
    Table 141. Herbal Medicine Mergers, Acquisition, Agreements, and Collaborations
    Table 142. Global Herbal Medicine Sales Quantity by Region (2018-2023) & (MT)
    Table 143. Global Herbal Medicine Sales Quantity by Region (2024-2029) & (MT)
    Table 144. Global Herbal Medicine Consumption Value by Region (2018-2023) & (USD Million)
    Table 145. Global Herbal Medicine Consumption Value by Region (2024-2029) & (USD Million)
    Table 146. Global Herbal Medicine Average Price by Region (2018-2023) & (USD/Kg)
    Table 147. Global Herbal Medicine Average Price by Region (2024-2029) & (USD/Kg)
    Table 148. Global Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 149. Global Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 150. Global Herbal Medicine Consumption Value by Type (2018-2023) & (USD Million)
    Table 151. Global Herbal Medicine Consumption Value by Type (2024-2029) & (USD Million)
    Table 152. Global Herbal Medicine Average Price by Type (2018-2023) & (USD/Kg)
    Table 153. Global Herbal Medicine Average Price by Type (2024-2029) & (USD/Kg)
    Table 154. Global Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 155. Global Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 156. Global Herbal Medicine Consumption Value by Application (2018-2023) & (USD Million)
    Table 157. Global Herbal Medicine Consumption Value by Application (2024-2029) & (USD Million)
    Table 158. Global Herbal Medicine Average Price by Application (2018-2023) & (USD/Kg)
    Table 159. Global Herbal Medicine Average Price by Application (2024-2029) & (USD/Kg)
    Table 160. North America Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 161. North America Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 162. North America Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 163. North America Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 164. North America Herbal Medicine Sales Quantity by Country (2018-2023) & (MT)
    Table 165. North America Herbal Medicine Sales Quantity by Country (2024-2029) & (MT)
    Table 166. North America Herbal Medicine Consumption Value by Country (2018-2023) & (USD Million)
    Table 167. North America Herbal Medicine Consumption Value by Country (2024-2029) & (USD Million)
    Table 168. Europe Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 169. Europe Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 170. Europe Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 171. Europe Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 172. Europe Herbal Medicine Sales Quantity by Country (2018-2023) & (MT)
    Table 173. Europe Herbal Medicine Sales Quantity by Country (2024-2029) & (MT)
    Table 174. Europe Herbal Medicine Consumption Value by Country (2018-2023) & (USD Million)
    Table 175. Europe Herbal Medicine Consumption Value by Country (2024-2029) & (USD Million)
    Table 176. Asia-Pacific Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 177. Asia-Pacific Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 178. Asia-Pacific Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 179. Asia-Pacific Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 180. Asia-Pacific Herbal Medicine Sales Quantity by Region (2018-2023) & (MT)
    Table 181. Asia-Pacific Herbal Medicine Sales Quantity by Region (2024-2029) & (MT)
    Table 182. Asia-Pacific Herbal Medicine Consumption Value by Region (2018-2023) & (USD Million)
    Table 183. Asia-Pacific Herbal Medicine Consumption Value by Region (2024-2029) & (USD Million)
    Table 184. South America Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 185. South America Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 186. South America Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 187. South America Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 188. South America Herbal Medicine Sales Quantity by Country (2018-2023) & (MT)
    Table 189. South America Herbal Medicine Sales Quantity by Country (2024-2029) & (MT)
    Table 190. South America Herbal Medicine Consumption Value by Country (2018-2023) & (USD Million)
    Table 191. South America Herbal Medicine Consumption Value by Country (2024-2029) & (USD Million)
    Table 192. Middle East & Africa Herbal Medicine Sales Quantity by Type (2018-2023) & (MT)
    Table 193. Middle East & Africa Herbal Medicine Sales Quantity by Type (2024-2029) & (MT)
    Table 194. Middle East & Africa Herbal Medicine Sales Quantity by Application (2018-2023) & (MT)
    Table 195. Middle East & Africa Herbal Medicine Sales Quantity by Application (2024-2029) & (MT)
    Table 196. Middle East & Africa Herbal Medicine Sales Quantity by Region (2018-2023) & (MT)
    Table 197. Middle East & Africa Herbal Medicine Sales Quantity by Region (2024-2029) & (MT)
    Table 198. Middle East & Africa Herbal Medicine Consumption Value by Region (2018-2023) & (USD Million)
    Table 199. Middle East & Africa Herbal Medicine Consumption Value by Region (2024-2029) & (USD Million)
    Table 200. Herbal Medicine Raw Material
    Table 201. Key Manufacturers of Herbal Medicine Raw Materials
    Table 202. Herbal Medicine Typical Distributors
    Table 203. Herbal Medicine Typical Customers
List of Figures
    Figure 1. Herbal Medicine Picture
    Figure 2. Global Herbal Medicine Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Herbal Medicine Consumption Value Market Share by Type in 2022
    Figure 4. Detoxification Medicine Examples
    Figure 5. Antipyretic Medicine Examples
    Figure 6. Aigestant Medicine Examples
    Figure 7. Blood Circulation Medicine Examples
    Figure 8. Others Examples
    Figure 9. Global Herbal Medicine Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 10. Global Herbal Medicine Consumption Value Market Share by Application in 2022
    Figure 11. Western Herbalism Examples
    Figure 12. Traditional Chinese Medicine Examples
    Figure 13. Others Examples
    Figure 14. Global Herbal Medicine Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 15. Global Herbal Medicine Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 16. Global Herbal Medicine Sales Quantity (2018-2029) & (MT)
    Figure 17. Global Herbal Medicine Average Price (2018-2029) & (USD/Kg)
    Figure 18. Global Herbal Medicine Sales Quantity Market Share by Manufacturer in 2022
    Figure 19. Global Herbal Medicine Consumption Value Market Share by Manufacturer in 2022
    Figure 20. Producer Shipments of Herbal Medicine by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 21. Top 3 Herbal Medicine Manufacturer (Consumption Value) Market Share in 2022
    Figure 22. Top 6 Herbal Medicine Manufacturer (Consumption Value) Market Share in 2022
    Figure 23. Global Herbal Medicine Sales Quantity Market Share by Region (2018-2029)
    Figure 24. Global Herbal Medicine Consumption Value Market Share by Region (2018-2029)
    Figure 25. North America Herbal Medicine Consumption Value (2018-2029) & (USD Million)
    Figure 26. Europe Herbal Medicine Consumption Value (2018-2029) & (USD Million)
    Figure 27. Asia-Pacific Herbal Medicine Consumption Value (2018-2029) & (USD Million)
    Figure 28. South America Herbal Medicine Consumption Value (2018-2029) & (USD Million)
    Figure 29. Middle East & Africa Herbal Medicine Consumption Value (2018-2029) & (USD Million)
    Figure 30. Global Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 31. Global Herbal Medicine Consumption Value Market Share by Type (2018-2029)
    Figure 32. Global Herbal Medicine Average Price by Type (2018-2029) & (USD/Kg)
    Figure 33. Global Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 34. Global Herbal Medicine Consumption Value Market Share by Application (2018-2029)
    Figure 35. Global Herbal Medicine Average Price by Application (2018-2029) & (USD/Kg)
    Figure 36. North America Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 37. North America Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 38. North America Herbal Medicine Sales Quantity Market Share by Country (2018-2029)
    Figure 39. North America Herbal Medicine Consumption Value Market Share by Country (2018-2029)
    Figure 40. United States Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 41. Canada Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 42. Mexico Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 43. Europe Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 44. Europe Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 45. Europe Herbal Medicine Sales Quantity Market Share by Country (2018-2029)
    Figure 46. Europe Herbal Medicine Consumption Value Market Share by Country (2018-2029)
    Figure 47. Germany Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. France Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. United Kingdom Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. Russia Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. Italy Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 52. Asia-Pacific Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 53. Asia-Pacific Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 54. Asia-Pacific Herbal Medicine Sales Quantity Market Share by Region (2018-2029)
    Figure 55. Asia-Pacific Herbal Medicine Consumption Value Market Share by Region (2018-2029)
    Figure 56. China Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. Japan Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. Korea Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. India Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. Southeast Asia Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. Australia Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 62. South America Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 63. South America Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 64. South America Herbal Medicine Sales Quantity Market Share by Country (2018-2029)
    Figure 65. South America Herbal Medicine Consumption Value Market Share by Country (2018-2029)
    Figure 66. Brazil Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 67. Argentina Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 68. Middle East & Africa Herbal Medicine Sales Quantity Market Share by Type (2018-2029)
    Figure 69. Middle East & Africa Herbal Medicine Sales Quantity Market Share by Application (2018-2029)
    Figure 70. Middle East & Africa Herbal Medicine Sales Quantity Market Share by Region (2018-2029)
    Figure 71. Middle East & Africa Herbal Medicine Consumption Value Market Share by Region (2018-2029)
    Figure 72. Turkey Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 73. Egypt Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 74. Saudi Arabia Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 75. South Africa Herbal Medicine Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 76. Herbal Medicine Market Drivers
    Figure 77. Herbal Medicine Market Restraints
    Figure 78. Herbal Medicine Market Trends
    Figure 79. Porters Five Forces Analysis
    Figure 80. Manufacturing Cost Structure Analysis of Herbal Medicine in 2022
    Figure 81. Manufacturing Process Analysis of Herbal Medicine
    Figure 82. Herbal Medicine Industrial Chain
    Figure 83. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 84. Direct Channel Pros & Cons
    Figure 85. Indirect Channel Pros & Cons
    Figure 86. Methodology
    Figure 87. Research Process and Data Source