USD 105.94 bn growth in Herbal Market from 2020 to 2025|Evolving Opportunities with Dabur India Ltd. & Himalaya Global Holdings Ltd.|17000+ Technavio Reports

NEW YORK, Nov. 3, 2021 /PRNewswire/ — The herbal market is set to grow by USD 105.94 billion from 2020 to…

NEW YORK, Nov. 3, 2021 /PRNewswire/ — The herbal market is set to grow by USD 105.94 billion from 2020 to 2025, progressing at a CAGR of 6.67% as per the latest report by Technavio.

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The herbal market report covers the following areas:

The herbal market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The increase in the prevalence of liver and heart diseases is notably driving the herbal market growth, although factors such as adverse climatic conditions affecting herbal plat production may impede the market growth.

Technavio analyzes the Herbal market by Product (herbal supplements and remedies, herbal medicine, and herbal cosmetics) and Geography (APAC, North America, Europe, South America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Some Companies Mentioned

  • Archer Daniels Midland Co.
  • Arkopharma Laboratories
  • Dabur India Ltd.
  • Dasherb Corp.
  • Glanbia Nutritionals Inc.
  • Herbalife Nutrition Ltd.
  • Himalaya Global Holdings Ltd.
  • Hishimo Pharmaceuticals Pvt. Ltd.
  • Patanjali Ayurved
  • Schaper and Brummer GmbH and Co. KG

Key Regions

40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for herbal market in APAC. Increasing number of healthcare facilities will facilitate the herbal market growth in APAC over the forecast period.

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Herbal Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.67%

Market growth 2021-2025

USD 105.94 billion

Market structure

Fragmented

YoY growth (%)

6.52

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

China, US, Japan, France, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Archer Daniels Midland Co., Arkopharma Laboratories, Dabur India Ltd., Dasherb Corp., Glanbia Nutritionals Inc., Herbalife Nutrition Ltd., Himalaya Global Holdings Ltd., Hishimo Pharmaceuticals Pvt. Ltd., Patanjali Ayurved, and Schaper and Brummer GmbH and Co. KG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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