GCC Herbal Medicine Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The GCC Herbal Medicine Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of GCC Herbal Medicine market 2030?
The GCC Herbal Medicine Market size is valued at USD 224.83 Million in 2023 & is estimated to reach USD 366 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.90% during the forecast period, i.e., 2024-30.
Download Free PDF Brochure: https://www.marknteladvisors.com/query/request-sample/gcc-herbal-medicine-market.html
Who are the top companies operating in the GCC Herbal Medicine market?
The report features prominent companies operating in the GCC Herbal Medicine market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in GCC Herbal Medicine market: Saudi Pharmaceutical Industries & Medical Appliances Corporation, Manayer Najd Medical Co, Saudi Arabian Drug Store Co.Ltd, GT Medical, MPS Bashirco, Haw Par Healthcare Ltd, Reckitt Benckiser Arabia FZE, Performance Health Inc, Enzymedica, Inc., The Procter & Gamble Co, Forest Laboratories Inc., Globalpharma, Himalaya Wellness Company LLC, Others.
What is the key factor projected to fuel growth in the GCC Herbal Medicine Market between 2024 and 2030?
Increasing Consciousness About the Ill-Effects of Allopathic Medicine – In recent years, the prevalence of diseases, like obesity, asthma & allergies has substantially increased. As per the statistics by the National Institutes of Health, more occurrences of self-reported chronic diseases in the UAE reached around 23% in 2022. These health issues require immediate medical treatment and the consumers are strictly advised to follow a medication routine. However, the daily consumption of synthetic medicine adversely affects the other organs of the consumers. As a result, the patients experience side effects, like dizziness, insomnia, headache, etc., due to the allopathic medicines. Therefore, consumers are increasingly seeking solutions, like herbal medicines, that do not cause any health complicacy.
Further, the consistent consumption of allopathic medicine also makes the individuals addicted and they experience withdrawal symptoms after they are cured. Therefore, to eradicate the issues that stem from synthetic medicinal doses, healthcare professionals in the GCC nations are increasingly recommending the patients opt for herbal medicine, driving the market growth.
GCC Herbal Medicine Market – Segmentation Analysis
By Type of Remedies
-Herbal Analgesics – Market Size & Forecast 2019-2030 (USD Million)
-Herbal Sleeping Aids– Market Size & Forecast 2019-2030 (USD Million)
-Herbal Cough, Cold & Allergy Remedies– Market Size & Forecast 2019-2030 (USD Million)
-Herbal Digestive Remedies– Market Size & Forecast 2019-2030 (USD Million)
-Herbal Dermatologicals– Market Size & Forecast 2019-2030 (USD Million)
-Herbal Dietary Supplements– Market Size & Forecast 2019-2030 (USD Million)
-Herbal Tonics– Market Size & Forecast 2019-2030 (USD Million)
By Source
-Roots and Barks – Market Size & Forecast 2019-2030 (USD Million)
-Leaves– Market Size & Forecast 2019-2030 (USD Million)
-Flowers – Market Size & Forecast 2019-2030 (USD Million)
-Fruits – Market Size & Forecast 2019-2030 (USD Million)
-Whole Plant– Market Size & Forecast 2019-2030 (USD Million)
-Others– Market Size & Forecast 2019-2030 (USD Million)
By Form
-Extracts– Market Size & Forecast 2019-2030 (USD Million)
-Powders– Market Size & Forecast 2019-2030 (USD Million)
-Capsules & Tablets– Market Size & Forecast 2019-2030 (USD Million)
-Syrups– Market Size & Forecast 2019-2030 (USD Million)
By Sales Channel
-Hospitals – Market Size & Forecast 2019-2030 (USD Million)
-Pharmacies – Market Size & Forecast 2019-2030 (USD Million)
-E-commerce – Market Size & Forecast 2019-2030 (USD Million)
By Consumers
-Male– Market Size & Forecast 2019-2030 (USD Million)
-Female– Market Size & Forecast 2019-2030 (USD Million)
-Children– Market Size & Forecast 2019-2030 (USD Million)
Browse Full Research Report : https://www.marknteladvisors.com/research-library/gcc-herbal-medicine-market.html
How does the GCC Herbal Medicine Market vary across different geography?
By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Oman
-Bahrain.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2024-2030) of the following segmentation and geography.
Inquire Before Buying, Connect with our Expertise Today: https://www.marknteladvisors.com/query/request-customization/gcc-herbal-medicine-market.html
Comprehensive Table of Contents – GCC Herbal Medicine Market Analysis and Forecast,
2024-2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: GCC Herbal Medicine Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of GCC Herbal Medicine Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
About Us:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact Us:
MarkNtel Advisors
Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 8719999009
Email: sales@marknteladvisors.com
