The GCC Herbal Medicine Market size is valued at USD 224.83 Million in 2023 & is estimated to reach USD 366 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.90% during the forecast period, i.e., 2024-30.      

GCC Herbal Medicine Market Driver:

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.

Further, the consistent consumption of allopathic medicine also makes the individuals addicted and they experience withdrawal symptoms after they are cured. Therefore, to eradicate the issues that stem from synthetic medicinal doses, healthcare professionals in the GCC nations are increasingly recommending the patients opt for herbal medicine, driving the market growth.

Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/gcc-herbal-medicine-market.html

Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

*Reports Delivery Format - 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.

Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/gcc-herbal-medicine-market.html

GCC Herbal Medicine Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -  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.

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-herbal-medicine-market.html

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us –

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

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us

MarkNtel Advisors

Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

Latest Press Release - https://www.marknteladvisors.com/press-release