Summary

HNY Research projects that the Herbal Medicine market size will grow from 183.83 Million USD in 2025 to 278.89 Million USD by 2031, at an estimated CAGR of 7.19%. The base year considered for the study is 2025, and the market size is projected from 2026 to 2031.
For 2025 regional market size, the North America market size was 33.9 Million USD, the Europe market size was 36.31 Million USD, and the Asia market size was 32.1 Million USD.
This report presents a detailed and holistic analysis of the global Herbal Medicine market. It integrates quantitative data with qualitative insights to equip readers with the necessary information for strategic planning, competitive assessment, market positioning, and data-driven decision-making.
All market sizes, estimates, and forecasts are expressed in terms of output/shipments and revenue. With 2025 serving as the base year, the report provides historical context from 2020. and projections up to 2031. It includes a complete segmentation of the global market, along with regional market sizes analyzed by type, application, and key industry participants.
Further enriching the analysis, the report outlines the competitive environment, offering profiles of prominent players and their market standings. It also explores key technological advancements and recent developments in product offerings.
Ultimately, this report serves as a vital resource for Herbal Medicine manufacturers, prospective entrants, and other stakeholders within the industry value chain. It supplies comprehensive data on revenues, production, and average pricing for the overall market and its sub-segments, detailed by company, product type, application, and geographic region.

By Market Players:
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

By Type
Detoxification Medicine
Antipyretic Medicine
Aigestant Medicine
Blood Circulation Medicine
Others

By Application
Western Herbalism
Traditional Chinese Medicine
Others

By Regions/Countries:
North America
East Asia
Europe
South Asia
Southeast Asia
Middle East
Africa
Oceania
South America

Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

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Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Herbal Medicine Revenue
1.4 Market Analysis by Type
1.4.1 Global Herbal Medicine Market Size Growth Rate by Type: 2026-2031
1.4.2 Detoxification Medicine
1.4.3 Antipyretic Medicine
1.4.4 Aigestant Medicine
1.4.5 Blood Circulation Medicine
1.4.6 Others
1.5 Market by Application
1.5.1 Global Herbal Medicine Market Share by Application: 2026-2031
1.5.2 Western Herbalism
1.5.3 Traditional Chinese Medicine
1.5.4 Others
1.6 Study Objectives
1.7 Overview of Global Herbal Medicine Market
1.7.1 Global Herbal Medicine Market Status and Outlook (2020-2031)
1.7.2 North America
1.7.3 East Asia
1.7.4 Europe
1.7.5 South Asia
1.7.6 Southeast Asia
1.7.7 Middle East
1.7.8 Africa
1.7.9 Oceania
1.7.10 South America
1.7.11 Rest of the World
2 Manufacturing Cost Structure Analysis
2.1 Manufacturing Cost Structure Analysis of Herbal Medicine
2.2 Industry Chain Structure of Herbal Medicine
3 Market Competition by Manufacturers
3.1 Global Herbal Medicine Production Capacity Market Share by Manufacturers (2020-2025)
3.2 Global Herbal Medicine Revenue Market Share by Manufacturers (2020-2025)
3.3 Global Herbal Medicine Average Price by Manufacturers (2020-2025)
4 Herbal Medicine Regional Market Analysis
4.1 Herbal Medicine Production by Regions
4.1.1 Global Herbal Medicine Production by Regions (2020-2025)
4.1.2 Global Herbal Medicine Revenue by Regions
4.2 Herbal Medicine Consumption by Regions
4.3 North America Herbal Medicine Market Analysis
4.3.1 North America Herbal Medicine Production
4.3.2 North America Herbal Medicine Revenue
4.3.3 Key Manufacturers in North America
4.3.4 North America Herbal Medicine Import and Export
4.4 East Asia Herbal Medicine Market Analysis
4.4.1 East Asia Herbal Medicine Production
4.4.2 East Asia Herbal Medicine Revenue
4.4.3 Key Manufacturers in East Asia
4.4.4 East Asia Herbal Medicine Import & Export
4.5 Europe Herbal Medicine Market Analysis
4.5.1 Europe Herbal Medicine Production
4.5.2 Europe Herbal Medicine Revenue
4.5.3 Key Manufacturers in Europe
4.5.4 Europe Herbal Medicine Import & Export
4.6 South Asia Herbal Medicine Market Analysis
4.6.1 South Asia Herbal Medicine Production
4.6.2 South Asia Herbal Medicine Revenue
4.6.3 Key Manufacturers in South Asia
4.6.4 South Asia Herbal Medicine Import & Export
4.7 Southeast Asia Herbal Medicine Market Analysis
4.7.1 Southeast Asia Herbal Medicine Production
4.7.2 Southeast Asia Herbal Medicine Revenue
4.7.3 Key Manufacturers in Southeast Asia
4.7.4 Southeast Asia Herbal Medicine Import & Export
4.8 Middle East Herbal Medicine Market Analysis
4.8.1 Middle East Herbal Medicine Production
4.8.2 Middle East Herbal Medicine Revenue
4.8.3 Key Manufacturers in Middle East
4.8.4 Middle East Herbal Medicine Import & Export
4.9 Africa Herbal Medicine Market Analysis
4.9.1 Africa Herbal Medicine Production
4.9.2 Africa Herbal Medicine Revenue
4.9.3 Key Manufacturers in Africa
4.9.4 Africa Herbal Medicine Import & Export
4.10 Oceania Herbal Medicine Market Analysis
4.10.1 Oceania Herbal Medicine Production
4.10.2 Oceania Herbal Medicine Revenue
4.10.3 Key Manufacturers in Oceania
4.10.4 Oceania Herbal Medicine Import & Export
4.11 South America Herbal Medicine Market Analysis
4.11.1 South America Herbal Medicine Production
4.11.2 South America Herbal Medicine Revenue
4.11.3 Key Manufacturers in South America
4.11.4 South America Herbal Medicine Import & Export
5 Herbal Medicine Sales Market by Type (2020-2031)
5.1 Global Herbal Medicine Historic Market Size by Type (2020-2025)
5.2 Global Herbal Medicine Forecasted Market Size by Type (2026-2031)
6 Herbal Medicine Consumption Market by Application(2020-2031)
6.1 Global Herbal Medicine Historic Market Size by Application (2020-2025)
6.2 Global Herbal Medicine Forecasted Market Size by Application (2026-2031)
7 Company Profiles and Key Figures in Herbal Medicine Business
7.1 Tsumura
7.1.1 Tsumura Company Profile
7.1.2 Tsumura Herbal Medicine Product Specification
7.1.3 Tsumura Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.2 Schwabe
7.2.1 Schwabe Company Profile
7.2.2 Schwabe Herbal Medicine Product Specification
7.2.3 Schwabe Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.3 Madaus
7.3.1 Madaus Company Profile
7.3.2 Madaus Herbal Medicine Product Specification
7.3.3 Madaus Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.4 Weleda
7.4.1 Weleda Company Profile
7.4.2 Weleda Herbal Medicine Product Specification
7.4.3 Weleda Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.5 Blackmores
7.5.1 Blackmores Company Profile
7.5.2 Blackmores Herbal Medicine Product Specification
7.5.3 Blackmores Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.6 Arkopharma
7.6.1 Arkopharma Company Profile
7.6.2 Arkopharma Herbal Medicine Product Specification
7.6.3 Arkopharma Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.7 SIDO MUNCUL
7.7.1 SIDO MUNCUL Company Profile
7.7.2 SIDO MUNCUL Herbal Medicine Product Specification
7.7.3 SIDO MUNCUL Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.8 Arizona Natural
7.8.1 Arizona Natural Company Profile
7.8.2 Arizona Natural Herbal Medicine Product Specification
7.8.3 Arizona Natural Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.9 Dabur
7.9.1 Dabur Company Profile
7.9.2 Dabur Herbal Medicine Product Specification
7.9.3 Dabur Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.10 Herbal Africa
7.10.1 Herbal Africa Company Profile
7.10.2 Herbal Africa Herbal Medicine Product Specification
7.10.3 Herbal Africa Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.11 Nature’s Answer
7.11.1 Nature’s Answer Company Profile
7.11.2 Nature’s Answer Herbal Medicine Product Specification
7.11.3 Nature’s Answer Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.12 Bio-Botanica
7.12.1 Bio-Botanica Company Profile
7.12.2 Bio-Botanica Herbal Medicine Product Specification
7.12.3 Bio-Botanica Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.13 Potter’s
7.13.1 Potter’s Company Profile
7.13.2 Potter’s Herbal Medicine Product Specification
7.13.3 Potter’s Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.14 Zand
7.14.1 Zand Company Profile
7.14.2 Zand Herbal Medicine Product Specification
7.14.3 Zand Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.15 Nature Herbs
7.15.1 Nature Herbs Company Profile
7.15.2 Nature Herbs Herbal Medicine Product Specification
7.15.3 Nature Herbs Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.16 Imperial Ginseng
7.16.1 Imperial Ginseng Company Profile
7.16.2 Imperial Ginseng Herbal Medicine Product Specification
7.16.3 Imperial Ginseng Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.17 Yunnan Baiyao
7.17.1 Yunnan Baiyao Company Profile
7.17.2 Yunnan Baiyao Herbal Medicine Product Specification
7.17.3 Yunnan Baiyao Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.18 Tongrentang
7.18.1 Tongrentang Company Profile
7.18.2 Tongrentang Herbal Medicine Product Specification
7.18.3 Tongrentang Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.19 TASLY
7.19.1 TASLY Company Profile
7.19.2 TASLY Herbal Medicine Product Specification
7.19.3 TASLY Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.20 Zhongxin
7.20.1 Zhongxin Company Profile
7.20.2 Zhongxin Herbal Medicine Product Specification
7.20.3 Zhongxin Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.21 Kunming Pharma
7.21.1 Kunming Pharma Company Profile
7.21.2 Kunming Pharma Herbal Medicine Product Specification
7.21.3 Kunming Pharma Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.22 Sanjiu
7.22.1 Sanjiu Company Profile
7.22.2 Sanjiu Herbal Medicine Product Specification
7.22.3 Sanjiu Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.23 JZJT
7.23.1 JZJT Company Profile
7.23.2 JZJT Herbal Medicine Product Specification
7.23.3 JZJT Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.24 Guangzhou Pharma
7.24.1 Guangzhou Pharma Company Profile
7.24.2 Guangzhou Pharma Herbal Medicine Product Specification
7.24.3 Guangzhou Pharma Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.25 Taiji
7.25.1 Taiji Company Profile
7.25.2 Taiji Herbal Medicine Product Specification
7.25.3 Taiji Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
7.26 Haiyao
7.26.1 Haiyao Company Profile
7.26.2 Haiyao Herbal Medicine Product Specification
7.26.3 Haiyao Herbal Medicine Production Capacity, Revenue, Price and Gross Margin (2020-2025)
8 Production and Supply Forecast
8.1 Global Forecasted Production of Herbal Medicine (2026-2031)
8.2 Global Forecasted Revenue of Herbal Medicine (2026-2031)
8.3 Global Forecasted Price of Herbal Medicine (2020-2031)
8.4 Global Forecasted Production of Herbal Medicine by Region (2026-2031)
8.4.1 North America Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.2 East Asia Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.3 Europe Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.4 South Asia Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.5 Southeast Asia Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.6 Middle East Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.7 Africa Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.8 Oceania Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.9 South America Herbal Medicine Production, Revenue Forecast (2026-2031)
8.4.10 Rest of the World Herbal Medicine Production, Revenue Forecast (2026-2031)
8.5 Forecast by Type and by Application (2026-2031)
8.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2026-2031)
8.5.2 Global Forecasted Consumption of Herbal Medicine by Application (2026-2031)
9 Consumption and Demand Forecast
9.1 North America Forecasted Consumption of Herbal Medicine by Country
9.2 East Asia Market Forecasted Consumption of Herbal Medicine by Country
9.3 Europe Market Forecasted Consumption of Herbal Medicine by Countriy
9.4 South Asia Forecasted Consumption of Herbal Medicine by Country
9.5 Southeast Asia Forecasted Consumption of Herbal Medicine by Country
9.6 Middle East Forecasted Consumption of Herbal Medicine by Country
9.7 Africa Forecasted Consumption of Herbal Medicine by Country
9.8 Oceania Forecasted Consumption of Herbal Medicine by Country
9.9 South America Forecasted Consumption of Herbal Medicine by Country
9.10 Rest of the world Forecasted Consumption of Herbal Medicine by Country
10 Marketing Channel, Distributors and Customers
10.1 Marketing Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
11 Market Dynamics
11.1 Market Trends
11.2 Opportunities and Drivers
11.3 Challenges
11.4 Porter's Five Forces Analysis
12 Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer