Herbal supplements and remedies, sometimes called botanicals, have many active constituents, which are natural way of providing support for overall health and well-being. Also they can have drug-like effects.
Echinacea is used to prevent cold. Ginkgo is used to improve memory. Flaxseed is used to lower cholesterol level. The list of herbal supplements and remedies goes on and on. Herbal supplements and remedies including health care products and finished herbal products which extracted from herbs.
Herbal supplements and remedies are sold in many different forms – dried leaves for teas, powdered, as capsules or tablets, or in solution.
Herbal supplements and remedies are mainly extracted from plants, which have many active constituents, and are natural way of providing support for overall health and well-being. Also they can have drug-like effects. In China, herbal has been used as medicine to cure people since thousands years ago and they are good at curing chronic disease in comparison with the western medicine. Especially in recent years, resistance to drugs, toxic and side effects and other weaknesses of western medicine are more and more obvious, however herbal can solve these problems very well. But in Europe and North America, especially in USA, herbal is not allowed to be sold as medicine but as health care products. However, it is researched that one in five people eat herbal supplements and remedies in past five years in USA. Consequently, the market of herbal supplements and remedies is promising and will have fast development in the following years.
According to this study, over the next five years the Herbal Supplements and Remedies market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 8780 million by 2024, from US$ 6670 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Herbal Supplements and Remedies business, shared in Chapter 3.
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This study considers the Herbal Supplements and Remedies value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Mono – Herb Type
- Multi – Herb Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Pharmaceutical Industry
- Health Care Industry
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- 3M Littmann
- Welch Allyn
- American Diagnostics
- Rudolf Riester
- GF Health
- MDF Instruments
- HD Medical
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- United States
- Southeast Asia
- Middle East & Africa
- South Africa
- GCC Countries
Some Points from TOC:
1 Scope of the Report
2 Executive Summary
3 Global Herbal Supplements and Remedies by Players
4 Herbal Supplements and Remedies by Regions
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Key Players Analysis
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