Global OTC Herbal and Traditional Medicines Market Research Report 2021 - Impact of COVID-19 on the Market

SKU ID : Maia-18811862 | Publishing Date : 27-Jul-2021 | No. of pages : 112

Herbal medicines are naturally derived medicines for treatment of various ailments. These generally represent medicines sourced from medicinal herbs, or, plants. Traditional medicines are sum of practices, skills, and knowledge based on experiences, beliefs, and theories indigenous to various cultures, used for prevention, and maintenance of health. Various types of herbal and traditional medicines include Chinese/oriental medicines, naturopathy, homeopathy, and Ayurveda.
The OTC Herbal and Traditional Medicines market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global OTC Herbal and Traditional Medicines market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the OTC Herbal and Traditional Medicines Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in OTC Herbal and Traditional Medicines market are:
The Bioforce Group
The Nature's Bounty Co.
Amway Corporation
Herbalife International
Naturex SA
Bio-Botanica, Inc.
Nutra Green Biotechnology Co., Ltd.
Bionorica SE
Dabur India Ltd.
Integria Healthcare Pty Ltd.
Blackmores Limited
The Himalayan Drug Company
Biovontrade SARL
Phytomed Herbal Solutions
Medico Herbs
Nutraceutical International Corporation
Jiaherb Inc.
Ricola AG

Most important types of OTC Herbal and Traditional Medicines products covered in this report are:
OTC Herbal
Traditional Medicine

Most widely used downstream fields of OTC Herbal and Traditional Medicines market covered in this report are:
Pharmacy
Drug Store
Modern Trade
Online
Other OTC Format

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:


Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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