Pune, India -- (SBWIRE) -- 02/14/2019 -- Herbal Medicine Market Overview:
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.
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In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 72.36% of the global consumption volume in total. The global Herbal Medicine market was 120700 million US$ in 2018 and is expected to 203400 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2019 and 2025.
The Major Companies Covered in this Report 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, Sanjiu, JZJT, Guangzhou Pharma, Taiji, Haiyao.
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. In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 72.36% of the global consumption volume in total. The global Herbal Medicine market was 120700 million US$ in 2018 and is expected to 203400 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2019 and 2025.
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Points Covered in The Report:
The points that are discussed within the report are the major Herbal Medicine market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2025.
The growth factors of the Herbal Medicine market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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At last, the global Herbal Medicine Market offers an overall research conclusion and a market feasibility of investing in new projects is evaluated. Global Herbal Medicine Market is a valuable source of guidance and way for individuals and companies interested in the sales of the market.
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