Herbal Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, Australia, Germany, UK - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 151

SKU: IRTNTR71092

Snapshot

Herbal Market Report 2023-2027

The herbal market size is estimated to grow at a CAGR of 6.5% between 2022 and 2027. The market size is forecast to increase by USD 117.37 billion. This herbal market report extensively covers market segmentation by delivery (over-the-counter and prescription), product (herbal supplements and remedies, herbal medicine, and herbal cosmetics), and geography (North America, Europe, Asia, and the Rest of the World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

One of the key factors driving the herbal market growth is the increase in the prevalence of liver and heart diseases. The main factor that is significantly contributing to the growth of the global herbal market is the increasing frequency of liver and heart disease. Additionally, there is a growing preference of consumers towards natural alternatives to address these health concerns as they become more aware of the possible benefits of herbal medicines. For example, the increasing popularity of herbs such as Milk Thistle due to their liver-protective effects. In addition, the main advantage of Milk Thistle components is that they help to improve liver function and minimize damage caused by illnesses including fatty liver disease. Hence, such factors are positively impacting the market which in turn will drive the market growth during the forecast period.

Herbal Market: Overview

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Trends

A key factor shaping the herbal market growth is the rising awareness about the advantages of natural remedies. There is a growing awareness regarding the benefits of natural therapies in the global herbal market. In addition, consumers are constantly seeking alternatives to synthetic drugs, which in turn will duel the demand for herbal remedies due to their perceived holistic benefits and fewer side effects. The transition is fuelled by the growing interest in wellness, sustainability, and traditional medicine.

Moreover, there is a rise in the popularity of herbs with anti-inflammatory effects, including turmeric and ginger. Some of the most popular immune-boosting herbs are echinacea and elderberry. Thus the increasing health consciousness among consumers is expected to positively impact the market which in turn will drive the market growth during the forecast period.

Challenge

The availability of alternative treatment options is one of the key challenges hindering the herbal market growth. Even though traditional herbal medicines offer a broad range of possibilities, their success is constantly anecdotal and lacking scientific proof. Some of the key factors that influence the availability of herbal compounds include inconsistent growing practices, environmental conditions, and regional variances.

Moreover, some of the main herbals that face sourcing challenges include rare botanicals, such as Panax ginseng from certain locales, and Ayurvedic medicines, including Ashwagandha. Additionally. there are several restrictions imposed on different countries that create barriers to the global commerce of herbal items, further limiting alternatives. Hence, such factors are negatively impacting the market which in turn will hinder the market growth during the forecast period.

Herbal Market Segmentation by Product

Increasing awareness of wellness and health fuels the herbal supplements and remedies segment which will increase the market growth. Factors such as the rise in customer preference for natural and holistic health treatments are significantly contributing to the growth of this segment. Some of the common herbal medications include echinacea for immune support and ginkgo biloba for cognitive development. Furthermore, several government initiatives and regulations have positively impacted the growth of this segment. Hence the growing awareness of wellness and health is expected to fuel the growth of this segment which, in turn, will drive the market growth during the forecast period.

The increasing shift towards a healthier lifestyle fuels the herbal medicine segment which will increase the market growth. There is a growing popularity in the herbal medicine segment over the years. In addition, there are several government initiatives that encourage the the use of herbal medicines, such as Indias Ayushman Bharat Yojana which has significantly contributed to the growth of this segment. Some of the popular herbal remedies include ginseng for vitality, echinacea for immunological support, and turmeric for anti-inflammatory effects. Therefore, the growing awareness of health benefits of this segment and the rising shift towards a healthier lifestyle is expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Herbal Market Segmentation by Delivery

The over-the-counter segment is estimated to witness significant growth during the forecast period. According to the Food and Drug Administration (FDA), there has been a 15% growth in over-the-counter herbal supplement sales in the US in 2022. Furthermore, the Ministry of AYUSH in India estimates a 25% increase in the over-the-counter herbal medicine market by 2021.

The over-the-counter segment was the largest segment and was valued at USD 171.28 billion in 2017.

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Some of the main factors that are fuelling the growth of this segment are the perceived safety of herbal medicines, increased health consciousness, and a preference for self-care options. The prominent market players in this segment include Himalaya Herbal Healthcare, Nature's Bounty, and BioGaia and these companies capitalize on this trend by selling a wide selection of over-the-counter herbal goods. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

The increased awareness of the therapeutic effects of herbs fuels the prescription segment which will increase the market growth. There is an increasing preference for natural alternatives as well as a growing awareness of the therapeutic effects of herbs is significantly fuelling the growth of the segment. For example, the FDA estimated a 20 to 25% increase in the use of herbal supplements in the US, headed by popular items such as St. Johns Wort for mood disorders and Echinacea for immune system support. Therefore, the increasing consumer demand for evidence-based herbal remedies, as well as healthcare practitioner's incorporation of herbal medicine into treatment procedures is fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Key Regions for the Herbal Market

North America is estimated to contribute 38% to the growth of the global market during the forecast period.

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors that are significantly contributing to the growth of the global herbal market in North America is the growing consumer desire for natural and holistic solutions in the region. Due to the rise in health consciousness among people, there is a growing demand for herbal items such as supplements, teas, and skincare. Some of the popular herbal segments of this trend include herbal supplements such as echinacea and ginseng for immune support, as well as herbal beverages such as chamomile and peppermint for relaxation and wellness. In addition, there is a significant growth in the herbal skincare market with products including components such as aloe vera and lavender. Hence, such factors are expected to drive the market growth in the region during the forecast period.

In 2020, during the COVID-19 pandemic, the growth of the global herbal market witnessed significant growth as consumer interest in herbal medicines and supplements claimed to promote immunity increased in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the regaining focus on overall well-being. Such factors are expected to drive the market during the forecast period.

Key Herbal Market Companies Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Key Offering - Archer Daniels Midland Co: The company offers herbal solutions that include phospholipids, vitamin E capsules, plant sterols, soy isoflavones, and flaxseed oil which can be used in a variety of nutritional supplements and in a variety of other applications such as nutrition bars, beverages, spreads, and dressings.
Key Offering - Arkopharma Laboratories: The company offers herbal solutions for sleep disorders, hair fall, nail growth syndrome, skin infections, detox, feminine comfort, and improving memory and concentration.
Key Offering - Bellan Pharmaceuticals: The company offers herbal products such as Ashwagandha Churna Tablet, Amla Churna Tablet, and Rasayan Churna Tablet.

The herbal market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The herbal market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Delivery Outlook (USD Billion, 2017 - 2027)
- Over the counter
- Prescription
Product Outlook (USD Billion, 2017 - 2027)
- Herbal supplements and remedies
- Herbal medicine
- Herbal cosmetics
Geography Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- Asia
  - China
  - India
- ROW
  - Australia
  - Argentina
  - Brazil

Herbal Market Scope
Report Coverage	Details
Page number	151
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.5%
Market growth 2023-2027	USD 117.37 billion
Market structure	USD Fragmented
YoY growth 2022-2023(%)	5.82
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 38%
Key countries	US, Canada, Australia, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Archer Daniels Midland Co., Arizona Natural Products, Arkopharma Laboratories, Austral Herbs, Bellan Pharmaceuticals, Blackmores Ltd., Dabur India Ltd., Dasherb Corp., Dr. Willmar Schwabe India Pvt. Ltd., Glanbia plc, Herbalife International of America Inc., Himalaya Global Holdings Ltd., Hishimo Pharmaceuticals Pvt. Ltd., KPC Products Inc., Patanjali Ayurved Ltd., Schaper and Brummer GmbH and Co. KG, SP Pharmaceuticals, Tsumura and Co., ZeinPharma Germany GmbH, and Gaia Herbs Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Herbal Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the marekt between 2023 and 2027
Precise estimation of the herbal market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of herbal market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Delivery
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global herbal market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global herbal market 2017 - 2021 ($ billion)

4.2 Delivery Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Delivery Segment 2017 - 2021 ($ billion)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Delivery

6.1 Market segments
- Exhibit 30: Chart on Delivery - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Delivery - Market share 2022-2027 (%)

6.2 Comparison by Delivery
- Exhibit 32: Chart on Comparison by Delivery
- Exhibit 33: Data Table on Comparison by Delivery

6.3 Over the counter - Market size and forecast 2022-2027
- Exhibit 34: Chart on Over the counter - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Over the counter - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Over the counter - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Over the counter - Year-over-year growth 2022-2027 (%)

6.4 Prescription - Market size and forecast 2022-2027
- Exhibit 38: Chart on Prescription - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Prescription - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Prescription - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Prescription - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Delivery
- Exhibit 42: Market opportunity by Delivery ($ billion)
- Exhibit 43: Data Table on Market opportunity by Delivery ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 44: Chart on Product - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

7.2 Comparison by Product
- Exhibit 46: Chart on Comparison by Product
- Exhibit 47: Data Table on Comparison by Product

7.3 Herbal supplements and remedies - Market size and forecast 2022-2027
- Exhibit 48: Chart on Herbal supplements and remedies - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Herbal supplements and remedies - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Herbal supplements and remedies - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Herbal supplements and remedies - Year-over-year growth 2022-2027 (%)

7.4 Herbal medicine - Market size and forecast 2022-2027
- Exhibit 52: Chart on Herbal medicine - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Herbal medicine - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Herbal medicine - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Herbal medicine - Year-over-year growth 2022-2027 (%)

7.5 Herbal cosmetics - Market size and forecast 2022-2027
- Exhibit 56: Chart on Herbal cosmetics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Herbal cosmetics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Herbal cosmetics - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Herbal cosmetics - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Product
- Exhibit 60: Market opportunity by Product ($ billion)
- Exhibit 61: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 Asia - Market size and forecast 2022-2027
- Exhibit 75: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2022-2027 (%)

9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

9.7 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.8 Australia - Market size and forecast 2022-2027
- Exhibit 87: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Australia - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Australia - Year-over-year growth 2022-2027 (%)

9.9 Canada - Market size and forecast 2022-2027
- Exhibit 91: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 Archer Daniels Midland Co.
- Exhibit 111: Archer Daniels Midland Co. - Overview
- Exhibit 112: Archer Daniels Midland Co. - Business segments
- Exhibit 113: Archer Daniels Midland Co. - Key offerings
- Exhibit 114: Archer Daniels Midland Co. - Segment focus

12.4 Arkopharma Laboratories
- Exhibit 115: Arkopharma Laboratories - Overview
- Exhibit 116: Arkopharma Laboratories - Product / Service
- Exhibit 117: Arkopharma Laboratories - Key offerings

12.5 Bellan Pharmaceuticals
- Exhibit 118: Bellan Pharmaceuticals - Overview
- Exhibit 119: Bellan Pharmaceuticals - Product / Service
- Exhibit 120: Bellan Pharmaceuticals - Key offerings

12.6 Blackmores Ltd.
- Exhibit 121: Blackmores Ltd. - Overview
- Exhibit 122: Blackmores Ltd. - Business segments
- Exhibit 123: Blackmores Ltd. - Key offerings
- Exhibit 124: Blackmores Ltd. - Segment focus

12.7 Dabur India Ltd.
- Exhibit 125: Dabur India Ltd. - Overview
- Exhibit 126: Dabur India Ltd. - Business segments
- Exhibit 127: Dabur India Ltd. - Key offerings
- Exhibit 128: Dabur India Ltd. - Segment focus

12.8 Dasherb Corp.
- Exhibit 129: Dasherb Corp. - Overview
- Exhibit 130: Dasherb Corp. - Product / Service
- Exhibit 131: Dasherb Corp. - Key offerings

12.9 Dr. Willmar Schwabe India Pvt. Ltd.
- Exhibit 132: Dr. Willmar Schwabe India Pvt. Ltd. - Overview
- Exhibit 133: Dr. Willmar Schwabe India Pvt. Ltd. - Product / Service
- Exhibit 134: Dr. Willmar Schwabe India Pvt. Ltd. - Key offerings

12.10 Gaia Herbs Inc.
- Exhibit 135: Gaia Herbs Inc. - Overview
- Exhibit 136: Gaia Herbs Inc. - Product / Service
- Exhibit 137: Gaia Herbs Inc. - Key offerings

12.11 Glanbia plc
- Exhibit 138: Glanbia plc - Overview
- Exhibit 139: Glanbia plc - Business segments
- Exhibit 140: Glanbia plc - Key offerings
- Exhibit 141: Glanbia plc - Segment focus

12.12 Herbalife International of America Inc.
- Exhibit 142: Herbalife International of America Inc. - Overview
- Exhibit 143: Herbalife International of America Inc. - Product / Service
- Exhibit 144: Herbalife International of America Inc. - Key offerings

12.13 Himalaya Global Holdings Ltd.
- Exhibit 145: Himalaya Global Holdings Ltd. - Overview
- Exhibit 146: Himalaya Global Holdings Ltd. - Product / Service
- Exhibit 147: Himalaya Global Holdings Ltd. - Key offerings

12.14 Hishimo Pharmaceuticals Pvt. Ltd.
- Exhibit 148: Hishimo Pharmaceuticals Pvt. Ltd. - Overview
- Exhibit 149: Hishimo Pharmaceuticals Pvt. Ltd. - Product / Service
- Exhibit 150: Hishimo Pharmaceuticals Pvt. Ltd. - Key offerings

12.15 Patanjali Ayurved Ltd.
- Exhibit 151: Patanjali Ayurved Ltd. - Overview
- Exhibit 152: Patanjali Ayurved Ltd. - Product / Service
- Exhibit 153: Patanjali Ayurved Ltd. - Key offerings

12.16 Schaper and Brummer GmbH and Co. KG
- Exhibit 154: Schaper and Brummer GmbH and Co. KG - Overview
- Exhibit 155: Schaper and Brummer GmbH and Co. KG - Product / Service
- Exhibit 156: Schaper and Brummer GmbH and Co. KG - Key offerings

12.17 ZeinPharma Germany GmbH
- Exhibit 157: ZeinPharma Germany GmbH - Overview
- Exhibit 158: ZeinPharma Germany GmbH - Product / Service
- Exhibit 159: ZeinPharma Germany GmbH - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources

13.5 List of abbreviations
- Exhibit 166: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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