MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC Herbal Medicine Market Research Report: Forecast (2024-2030). This report provides a detailed assessment of the GCC Herbal Medicine Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2019-22
  • Base Years: 2023
  • Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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 2026 to 2032, 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 Outlook

According to the report, 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. The factors attributing to the surge in demand for herbal medicine across the GCC are the growing consumer awareness regarding the adverse effects of synthetic medicine, rising instances of immunity-related illnesses, including cold & cough, and the increasing health awareness programs by the national governments.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

GCC Herbal Medicine Market Drivers:

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.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/gcc-herbal-medicine-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

GCC Herbal Medicine Market Trends:

Rising Campaigns & Awareness Programs to Boost Market Growth – The GCC region has a strong tradition of employing herbal and natural remedies in healthcare. These traditions have been passed down through the generations. Moreover, recent studies by academic institutions & research centers have also claimed that Herbal/traditional remedies are naturally free from synthetic compounds and have higher efficacy. Owing to this, they are increasingly being well-received in the region. Moreover, in recent times, the UAE, Saudi Arabia, and Kuwait like their European and Asian counterparts, are witnessing a shift towards embracing these ancient remedies, a phenomenon often referred to as “going back to the roots” due to the increasing marketing campaigns & advertisements. The top companies in the GCC Herbal Medicine industry are using promotional activities & influencer marketing campaigns, which highlight the positive features & benefits offered by these medicines. These strategic plans by the companies would continue to gain the attention of more consumers in the region, supporting market growth.

GCC Herbal Medicine Market Segmentation

The study categorizes the GCC Herbal Medicine Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-herbal-medicine-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in GCC Herbal Medicine Market Worldwide: Players, Analysis & Future Outlook

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 are the top companies in the GCC Herbal Medicine Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/gcc-herbal-medicine-market.html

Frequently Asked Questions (FAQ) 1

1. What is the projected growth rate of the GCC Herbal Medicine Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the GCC Herbal Medicine Market?
4. Who are the prominent players in the GCC Herbal Medicine Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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