A fresh study, covering “OTC Herbal and Traditional Medicines Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the healthcare market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the OTC Herbal and Traditional Medicines Market.
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According to a recent research by Fact.MR, the global OTC herbal and traditional medicines market is estimated to exhibit a moderate expansion at a CAGR of 4.8% during the forecast period 2017 to 2022. The global market for OTC herbal and traditional medicines will account for revenues over US$ 20,000 Mn in 2017. Revenues from the market are further estimated to exceed US$ 30,000 Mn by 2022-end.
Predictions for the Global OTC Herbal and Traditional Medicines Market
1- Asia-Pacific excluding Japan (APEJ) will be dominant in the global OTC herbal and traditional medicines market in 2017, and is expected to retain its dominance and exhibit a steady expansion through 2022.
2- By 2022-end, North America will continue to be the second most lucrative market for OTC herbal and traditional medicines.
3- Japan is anticipated to remain the least lucrative market for OTC herbal and traditional medicines.
4- Based on function, Revenues from OTC herbal and traditional medicine sales for maintenance of the people’s digestive health are estimated to account for largest revenues by 2022-end.
5- OTC herbal and traditional medicine sales for bone & joint health, and nutrition are estimated to register parallel expansion at a similar CAGR. However, revenues from nutrition segment is expected to remain comparatively higher than bone & joint health.
6- Modern trade OTC channel is expected to remain preferred among consumers for buying of OTC herbal traditional medicines.
7- OTC herbal and traditional medicine sales in online OTC channel is expected to register the fastest expansion over the forecast period.
8- Pharmacy OTC channel are expected to account for larger market revenue share, however sales are estimated to register a sluggish expansion throughout the forecast period.
9- Based on dosage, powdered form of OTC herbal and traditional medicines are expected to remain preferred among consumers. Revenues from this segment is estimated to exceed US$ 10,000 Mn by 2022-end.
10- Between liquid and tablet form of OTC herbal and traditional medicines, sales of tablet dosage are expected to account for larger revenues, while sales of liquid OTC herbal and traditional medicines are expected to exhibit a comparatively faster expansion through 2022.
The report has also profiled leading players in the global market for OTC herbal and traditional medicines, which include Amway Corporation, Phytomed Herbal Solutions, Herbalife International, Biovontrade SARL, The Himalayan Drug Company, Nutra Green Biotechnology Co., Ltd., Naturex SA, Bio-Botanica, Inc., Nutraceutical International Corporation, The Nature's Bounty Co., Medico Herbs, The Bioforce Group, Jiaherb Inc., Ricola AG, Dabur India Ltd., Bionorica SE, Blackmores Limited,and Integria Healthcare Pty Ltd.
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Table of Contents:
- Global OTC Herbal and Traditional Medicines Market - Executive Summary
- Global OTC Herbal and Traditional Medicines Market Overview 2.1. Introduction 2.1.1. Global OTC Herbal and Traditional Medicines Market Taxonomy 2.1.2. Global OTC Herbal and Traditional Medicines Market Definition 2.2. Global OTC Herbal and Traditional Medicines Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global OTC Herbal and Traditional Medicines Market Y-o-Y Growth 2.3. Global OTC Herbal and Traditional Medicines Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Epidemiology 2.6. List of Distributors 2.7. Average Pricing Analysis 2.8. Regulations 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global OTC Herbal and Traditional Medicines Market Analysis and Forecast By Function 3.1. Global OTC Herbal and Traditional Medicines Market Size and Forecast By Function, 2012-2022 3.1.1. Immune Health OTC Herbal and Traditional Medicines Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region
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