Global OTC Herbal and Traditional Medicines Market Growth 2022-2028

As the global economy mends, the 2021 growth of OTC Herbal and Traditional Medicines will have significant change from previous year. According to our (LP Information) latest study, the global OTC Herbal and Traditional Medicines market size is USD million in 2022 from USD 145140 million in 2021, with a change of % between 2021 and 2022. The global OTC Herbal and Traditional Medicines market size will reach USD 176110 million in 2028, growing at a CAGR of 2.8% over the analysis period.
The United States OTC Herbal and Traditional Medicines market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global OTC Herbal and Traditional Medicines market, reaching US$ million by the year 2028. As for the Europe OTC Herbal and Traditional Medicines landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main OTC Herbal and Traditional Medicines players cover Tsumura, Schwabe, Madaus, and Weleda, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of OTC Herbal and Traditional Medicines market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
OTC Herbal
Traditional Medicine
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Detoxification Medicine
Antipyretic Medicine
Digestive Medicine
Blood Circulation Medicine
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
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 prominent manufacturers in this market, include
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