The global organic herbal medicine market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Organic herbs are defined as plants that have been cultivated by natural means on unpolluted land by adding organic material without the use of chemical fertilizers, pesticides, or herbicides. Most organic herbs are considered to be healthy food items such as turmeric, cinnamon, ginger, and garlic. However, organic herbs can also be used for medicinal purposes, which are termed organic herbal medicine. The market growth and rising product demand are attributable to increasing health consciousness among consumers. People all over the globe are not just consuming healthier foods, however, also shifting to medical care products with natural ingredients. These factors are contributing to the growth of the global organic herbal medicine market.

In addition to this, the growing disposable income of the global population coupled with the rising healthcare expenditure is also likely to provide a significant boost to the overall market growth. This clearly shows the shift of the global population toward a more sophisticated healthcare subsystem where the growing healthcare expenditure is likely to further push the overall demand for organic herbal medicine, thereby driving the global organic herbal medicine market growth.

Some key players operating in the market include Tsumura & Co., and Blackmores Ltd., among others. These players are eyeing on strengthening their position in the market by adopting various strategies such as mergers and acquisitions, partnerships and collaborations, new product launches and development in the existing product portfolio, and so on. For instance, in March 2021, Fitday - One Stop Nutrition Shop, a supplement startup based in Hyderabad, India, announced its plans to set up more than 50 brick-and-mortar stores across the country by 2023 with $8 million investment.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

Segment Covered- 

• By Application 
• By Product

Regions covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape:  Tsumura & Co., and Blackmores Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Organic Herbal Medicine Market Report by Segment

By Application 

• Hair
• Skin
• Health

By Product

• Health Supplement
• Medicinal Tea
• Herbal Medicines
• Cosmeceuticals
• Others

Global Organic Herbal Medicine Market Report by Region

North America       

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa