Herbal Medicinal Products--also called botanical medicine or phytomedicine refers to using a plant's seeds, berries, roots, leaves, bark, or flowers for medicinal purposes. Herbalism has a long tradition of use outside of conventional medicine. It is becoming more mainstream as improvements in analysis and quality control along with advances in clinical research show the value of Herbal Medicinal Products in the treating and preventing disease.
Herbal Medicinal Products industry is dispersive relatively. Currently, there are many producing companies in the world Herbal Medicinal Products industry. The main market players are Tsumura, Schwabe, Madaus, Yunnan Baiyao, Tongrentang and TASLY. The sales of Herbal Medicinal Products increase to 763382 MT in 2018.
In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 72.36% of the global consumption volume in total.
Herbal Medicinal Products has many types, which include detoxification medicine, antipyretic medicine, Digestant medicine, blood circulation medicine, and others. With fewer side effects of Herbal Medicinal Products treatment, it will be more and more popular. So, Herbal Medicinal Products has a huge market potential in the future.

According to this study, over the next five years the Herbal Medicinal Products market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 173900 million by 2024, from US$ 141300 million in 2019. In particular, this report presents the global revenue market share of key companies in Herbal Medicinal Products business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Herbal Medicinal Products market by product type, application, key companies and key regions.

This study considers the Herbal Medicinal Products value 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 10.7.
Detoxification Medicine
Antipyretic Medicine
Blood Circulation Medicine
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Western Herbalism
Traditional Chinese Medicine
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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.
Tsumura
Schwabe
Madaus
Weleda
Blackmores
Arkopharma
SIDO MUNCUL
Arizona Natural
Dabur
Herbal Africa
Nature?s Answer
Bio-Botanica
Potter?s
Zand
Nature Herbs
Imperial Ginseng
Yunnan Baiyao
Tongrentang
TASLY
Zhongxin
Kunming Pharma
Sanjiu
JZJT
Guangzhou Pharma
Taiji
Haiyao

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Herbal Medicinal Products market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Herbal Medicinal Products market by identifying its various subsegments.
Focuses on the key global Herbal Medicinal Products players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Herbal Medicinal Products with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Herbal Medicinal Products submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.