Organic Medicinal Herbs Market Size – USD 346.03 Million in 2020, Market Growth - CAGR of 6.37%, Market Trends – Increasing use of herbs in beverages
Global Organic Medicinal Herbs Market research report published by Reports and Data provides a comprehensive overview of the Organic Medicinal Herbs market and its economic landscape to offer insightful information pertaining to the current and future trends and demands in the market. The report is an all-inclusive document covering recent technological advancement, value chain analysis, volume and raw materials, and overall industry outlook. The report is equipped with an extensive analysis of trends that are expected to impact revenue growth of the market during the forecast period of 2021-2028. It also offers strategic recommendations to established players and novice players to overcome barriers and gain a robust footing in the market.
Increasing patients demand for preventive medical care, and increasing incidence of lifestyle-related diseases, such as cardiovascular disease and diabetes and the high burden of infectious diseases in developing countries. Rising awareness of early diagnosis of the disease, increasing need for inexpensive diagnostic tests, as well as the accuracy of diagnosis, are expected to stimulate growth of the Organic Medicinal Herbs market during the forecasted period.
Global Organic Medicinal Herbs Market: Key Market Players
Young Living, Symrise AG, Firmenich, Worlee Group, Kangcare Bioindustry Co, Ltd, Sunrise Nutrachem, Organic Spices, Inc., Frontier Natural Products Co-op, Native Extracts Pty Ltd and New Zealand Botanicals among others
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The COVID-19 impact:
The COVID-19 pandemic has spurred growth of drug discovery informatics market. Biopharmaceutical companies are investing significantly in research for development of SARS-COV-2 vaccine. Researchers are identifying drugs for treatment of the disease by examining both new and existing drugs, which is driving growth of the drug discovery informatics market.
For the purpose of this study, Reports and Data have segmented the Organic Medicinal Herbs market on the basis of coating type, protein source, end use and region:
Herb (Revenue, USD Million; 2017–2027)
- Echinacea
- Rosemary
- Sage
- Myrtle
- Thyme
- NML
- Chives
- Mint
- Multi-herb Products
- Others
Source (Revenue, USD Million; 2017–2027)
- Leaves
- Roots
- Fruits
- Others
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Product (Revenue, USD Million; 2017–2027)
- Extracts
- Essential Oil
Form (Revenue, USD Million; 2017–2027)
- Powder
- Liquid
End Use (Revenue, USD Million; 2017–2027)
- Medicinal
- Functional food beverage
- Others
Global Organic Medicinal Herbs Market: Regions Covered
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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