Market Analysis Research Report On “Herbal Medicinal Products Market 2018 Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2024” To Their Research Database.
Pune, India -- (SBWIRE) -- 06/22/2018 -- Herbal medicinal products are obtained from plants comprising active ingredients one or more herbal preparations, herbal substances, and herbal combinations. Herbal medicinal products are available in the form of powdered plant material and disinfected extract from lively ingredients insulated from plant materials. Herbal medicinal products are also derived from the part of plant either fragmented, cut of algae, plant, lichen and fungi.
The Global Herbal Medicinal Products Market accounted to USD 7.9 billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Top Market Competitors:
Some of the major players operating in global herbal medicinal products market are:
- SIDO MUNCUL
- Arizona Natural
- Herbal Africa
- Nature's Answer
- Nature Herbs
- Imperial Ginseng
- Yunnan Baiyao
- Kunming Pharma
- Guangzhou Pharma
- Among others.
The global herbal medicinal products market report is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of herbal medicinal products market for global, Europe, North America, Asia Pacific and South America.
By product type:
- Homeopathic Medicines
- Ayurvedic Medicines
- Chinese Medicines
- Aromatherapy Products
- Fruits & Vegetables
On the basis of application:
- Food & Beverages
- Personal Care
On the basis of form:
- Capsules & Tablets
On the basis of geography, global herbal medicinal products market report covers data points for 28 countries across multiple geographies such as,
- North America
- South America
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
Major Report Drivers and Restraints Factors of Global Herbal Medicinal Products Market:
- Growing Geriatric Population
- Growing Consumer Awareness Regarding Preventive Health Care Measures
- Supervisory Effect on Future Growth of the Herbal Supplements Market
- Higher Cost of Raw Materials
- Side Effects of Allopathic Drugs
- Rising Emerging Economies
Frequently Asked Questions:
- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Herbal Medicinal Products Market?
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