OTC Herbal and Traditional Medicines Market Is Estimated to Exhibit a Moderate Expansion at a CAGR of 4.8% During the Forecast Period 2017 to 2022
Herbal medicines are naturally derived medicines for treatment of various ailments. These generally represent medicines sourced from medicinal herbs, or, plants. Traditional medicines are sum of practices, skills, and knowledge based on experiences, beliefs, and theories indigenous to various cultures, used for prevention, and maintenance of health. Various types of herbal and traditional medicines include Chinese/oriental medicines, naturopathy, homeopathy, and Ayurveda.
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