Increase in Demand for Natural Medicines Expected to Drive Global Herbal Medicine Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Herb is a plant or plant part used for its flavor, scent, or therapeutic properties. It is one type of dietary supplement. It is made up of various parts of plants for instance roots, seeds, leaves, flowers, oil, bark, etc. It is used to try to maintain or improve the health. It is formulated in dosage forms for instance tablets & capsules, extracts, pastes, powders, gels, and oils. Tablet & capsule form provides dose accuracy compared to other dosage forms. According to study, “Global Herbal Medicine Market Information by Product Type (Herbal Pharmaceutical, Herbal Dietary Supplements, Herbal Functional Foods & Others), Type of Medicinal Plants (Aconitum ferox, Allium sativum, Andrographis paniculata, Commiphora weightii & Crocus sativus), By Form (Capsules & Tablets, Powder, Syrups and Extracts), By Source (Leaves, Roots & Barks, Whole Plant & Fruit), By Indication (Cardiovascular Disorders, Respiratory Disorders, Digestive Disorders and Hypnotics & Sedatives), By Distribution Channel (Hospital & Retail Pharmacies and E-Commerce), By Region (North America, Europe, Asia Pacific, The Middle East & Africa (MEA) and Latin America) – Forecast to 2023” the key companies operating in the global herbal medicine market are Dasherb Corp, Bayer AG, ZeinPharma Germany GmbH, Arkopharma, BEOVITA, Hishimo Pharmaceuticals, Schaper & Brummer, Blackmores, Dr. Willmar Schwabe India Pvt. Ltd. The key manufacturers are directing on improving the quality of herbal products. Additionally, technological advancements for instance improved extraction techniques & equipment deployed by global players and regional players to maintain the product quality thus rendering market sustainability. Based on product type, herbal medicine market is segmented into herbal pharmaceutical, herbal functional foods, herbal dietary supplements and others. Based on type of medicinal plants, market is segmented into Marrubium Vulgare, Echinacea, Vaccinium Macrocarpon, Camellia Sinensis, Curcuma Longa, Aloe Vera, Actaea Racemose, Cocos Nucifera, Zingiber Officinale, Allium Sativum, Cinnamomum Spp and others. Based on form, market is segmented into powder, capsules & tablets, syrups and extracts. Based on source type, market is segmented into leaves, whole plant & fruit, roots & barks and others. Based on indication type, market is segmented into cardiovascular disorders, digestive disorders, respiratory disorders, and hypnotics & sedatives. In addition, based on distribution channel, market is segmented into e-commerce and hospital & retail pharmacies. The herbal medicine market is driven by increase in prevalence of liver & heart diseases, followed by rise in research funding for herbal medicines, increase in demand for natural medicines, and multiple applications of herbal medicines. However, side-effects & allergic reactions and low awareness among individuals regarding the use & dosage of herbal medicines may impact the market. Moreover, increase in research & development (R&D) investment in healthcare sector and recent technological advancements are major opportunities for market. Based on geography, the European region dominates the herbal medicine market owing to increase in funding for research on medicinal plants, extensive R&D for herbal medicine and growth in preference for herbal drugs in the region. The Asian-Pacific region is estimated to witness higher growth rate due to rise in adoption of traditional medicines by researchers, pharmaceutical companies, and policymakers over the forecast period. The North-American region is also estimated to witness higher growth rate on account of rise in use of herbal supplements for conditions such as cancer, stroke, and arthritis (43%) over the forecast period. To know more, click on the link below:- Global Herbal Medicine Market Related Reports:- Global Herbal Medicine Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use Global Herbal Medicine Market Status and Future Forecast 2015-2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Africa Herbal Medicine Market, Arkopharma Herbal Medicine Market, Asia- Pacific Herbal Medicine Market, Bayer AG Herbal Medicine Market, BEOVITA, Blackmores Herbal Medicine Market, Dasherb Corp Herbal Medicine Market, Dr. Willmar Schwabe India Pvt. Ltd. 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