Global Herbal Medicine Market Size & Outlook, 2024-2030
Global herbal medicine market, 2018-2030 (US$M)
Related Markets
Global herbal medicine market highlights
- The global herbal medicine market generated a revenue of USD 87,027.0 million in 2024 and is expected to reach USD 328,717.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 24.8% by 2030.
- In terms of segment, ayurveda accounted for a revenue of USD 24,603.3 million in 2024.
- Ayurveda is the most lucrative intervention segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 87,027.0 million |
| Market revenue in 2030 | USD 328,717.5 million |
| Growth rate | 24.8% (CAGR from 2025 to 2030) |
| Largest segment | Ayurveda |
| Fastest growing segment | Ayurveda |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ayurveda, Apitherapy, Bach Flower Therapy, Naturopathic Medicine, Traditional Chinese Medicine, Traditional Korean Medicine, Traditional Japanese Medicine, Traditional Mongolian Medicine, Traditional Tibetan Medicine, Zang Fu Theory |
Other key industry trends
- In terms of revenue, the North America accounted for 21.0% of the global herbal medicine market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 26,794.9 million by 2030.
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Herbal Medicine Market Scope
Herbal Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sinomedica | View profile | 11-50 | Lugano, Ticino, Switzerland, Europe | https://www.sinomedica.ch/ |
| The Center for Natural & Integrative Medicine | View profile | 11-50 | Orlando, Florida, United States, North America | https://drkalidas.com |
| Bionorica SE | View profile | 101-250 | Neumarkt In Der Oberpfalz, Bayern, Germany, Europe | http://www.bionorica.de/ |
| Pascoe | View profile | 11-50 | Richmond Hill, Ontario, Canada, North America | https://www.pascoe.ca/ |
| KindCare Medical Center | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | https://kindcare.ae |
| Ayush Arogyam Private Limited | View profile | 1-10 | Thane, Maharashtra, India, Asia | http://www.ayusharogyam.com |
| Nordic Nutrients | View profile | 1-10 | Seinäjoki, Western Finland, Finland, Europe | http://www.nordicnutrients.fi |
| Changsheng Medical Technology | View profile | - | - | |
| Herbal Hills | View profile | 1-10 | Kandivli, Maharashtra, India, Asia | https://www.herbalhillswellness.com/ |
| LKK Health Products Group | View profile | 1001-5000 | Central, Hong Kong Island, Hong Kong, Asia | https://www.lkkhpg.com/en-us/ |
| Herb Pharm | View profile | 101-250 | Williams, Oregon, United States, North America | https://www.herb-pharm.com/ |
Global herbal medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to herbal medicine market will help companies and investors design strategic landscapes.
Ayurveda was the largest segment with a revenue share of 28.27% in 2024. Horizon Databook has segmented the Global herbal medicine market based on ayurveda, apitherapy, bach flower therapy, naturopathic medicine, traditional chinese medicine, traditional korean medicine, traditional japanese medicine, traditional mongolian medicine, traditional tibetan medicine, zang fu theory covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Herbal Medicine Intervention Outlook (Revenue, USD Million, 2018-2030)
- Ayurveda
- Naturopathic Medicine
- Traditional Chinese Medicine
- Traditional Japanese Medicine
- Apitherapy
- Bach Flower Therapy
- Traditional Mongolian Medicine
- Traditional Tibetan Medicine
- Traditional Korean Medicine
- Zang Fu Theory
- Global Herbal Medicine Product Outlook (Revenue, USD Million, 2018-2030)
- Powder
- Others
- Tablets/Capsules
- Liquid/Gel
- Global Herbal Medicine Source Outlook (Revenue, USD Million, 2018-2030)
- Others
- Barks
- Roots
- Leaves
- Global Herbal Medicine Distribution Method Outlook (Revenue, USD Million, 2018-2030)
- Direct Sales
- E-sales
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Target buyers of Global herbal medicine market databook
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Our clientele includes a mix of herbal medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global herbal medicine market , including forecasts for subscribers. This global databook contains high-level insights into Global herbal medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global herbal medicine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Herbal medicine market size, 2024 (US$M)
Global herbal medicine market share, by intervention, 2024 & 2030 (%, US$M)
Herbal medicine market: Opportunity assessment by country
Global herbal medicine market, by region, 2024 (US$M)
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