Rising Demand: GCC Herbal Medicine Market Predicted to Expand at 6.90% CAGR by 2030

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According to a recent comprehensive by MarkNtel Advisors GCC Herbal Medicine Market research report, the  GCC Herbal Medicine market is set for significant growth, driven by factors such as market size, share, and evolving trends.

This detailed report offers crucial insights into the market, covering key aspects such as market segmentation and definitions. It outlines the main drivers of growth and provides a clear forecast of the industry’s future direction. Additionally, the study provides a thorough overview of the competitive landscape, detailing recent developments and regional distribution across major areas. An expert competitor analysis delivers an in-depth understanding of market dynamics, offering strategic recommendations for businesses and investors.

With its robust analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address potential challenges in the GCC Herbal Medicine market.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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GCC Herbal Medicine Market (2024-2030): Analysis and Growth

The GCC Herbal Medicine Market size is valued at USD 224.83 Million in 2023 & is estimated to reach USD 366 Million by 2030

What are the key drivers fueling growth in the GCC Herbal Medicine market from 2024-2030?

Increasing Consciousness About the Ill-Effects of Allopathic Medicine – In recent years, the prevalence of diseases, like obesity, asthma & allergies has substantially increased. As per the statistics by the National Institutes of Health, more occurrences of self-reported chronic diseases in the UAE reached around 23% in 2022. These health issues require immediate medical treatment and the consumers are strictly advised to follow a medication routine. However, the daily consumption of synthetic medicine adversely affects the other organs of the consumers. As a result, the patients experience side effects, like dizziness, insomnia, headache, etc., due to the allopathic medicines. Therefore, consumers are increasingly seeking solutions, like herbal medicines, that do not cause any health complicacy.

 GCC Herbal Medicine Market : Segmentation Analysis 

-By Type of Remedies

-Herbal Analgesics – Market Size & Forecast 2019-2030 (USD Million)

-Herbal Sleeping Aids– Market Size & Forecast 2019-2030 (USD Million)

-Herbal Cough, Cold & Allergy Remedies– Market Size & Forecast 2019-2030 (USD Million)

-Herbal Digestive Remedies– Market Size & Forecast 2019-2030 (USD Million)

-Herbal Dermatologicals– Market Size & Forecast 2019-2030 (USD Million)

-Herbal Dietary Supplements– Market Size & Forecast 2019-2030 (USD Million)

-Herbal Tonics– Market Size & Forecast 2019-2030 (USD Million)

-By Source

-Roots and Barks – Market Size & Forecast 2019-2030 (USD Million)

-Leaves– Market Size & Forecast 2019-2030 (USD Million)

-Flowers – Market Size & Forecast 2019-2030 (USD Million)

-Fruits – Market Size & Forecast 2019-2030 (USD Million)

-Whole Plant– Market Size & Forecast 2019-2030 (USD Million)

-Others– Market Size & Forecast 2019-2030 (USD Million)

-By Form

-Extracts– Market Size & Forecast 2019-2030 (USD Million)

-Powders– Market Size & Forecast 2019-2030 (USD Million)

-Capsules & Tablets– Market Size & Forecast 2019-2030 (USD Million)

-Syrups– Market Size & Forecast 2019-2030 (USD Million)

-By Sales Channel

-Hospitals – Market Size & Forecast 2019-2030 (USD Million)

-Pharmacies – Market Size & Forecast 2019-2030 (USD Million)

-E-commerce – Market Size & Forecast 2019-2030 (USD Million)

- By Consumers

-Male– Market Size & Forecast 2019-2030 (USD Million)

-Female– Market Size & Forecast 2019-2030 (USD Million)

-Children– Market Size & Forecast 2019-2030 (USD Million)

-By Country

-Saudi Arabia

-The UAE

-Qatar

-Kuwait

-Oman

-Bahrain

Explore the Complete Analysis Report – https://www.marknteladvisors.com/research-library/gcc-herbal-medicine-market.html

What role do key competitors play in shaping the market, and how are they adapting to emerging trends and challenges?

Saudi Pharmaceutical Industries & Medical Appliances Corporation, Manayer Najd Medical Co, Saudi Arabian Drug Store Co.Ltd, GT Medical, MPS Bashirco, Haw Par Healthcare Ltd, Reckitt Benckiser Arabia FZE, Performance Health Inc, Enzymedica, Inc., The Procter & Gamble Co, Forest Laboratories Inc., Globalpharma, Himalaya Wellness Company LLC, Others.

 “Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.”

Key Report Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation,

·        Recent Strategic Moves by Companies,

·        Primary Stakeholders,

·        Analysis of Import and Export Trends,

·        Competitive Landscape Assessment,

·        Emerging Opportunities,

·        Market Trends and Indicators

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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