According to the latest analytical reports, the global herbal medicine market is projected to witness significant growth by 2030.
According to the latest analytical reports, the global herbal medicine market is projected to witness significant growth by 2030. Driven by rising consumer preference for natural and organic products, the market is expected to reach billions of dollars in value, with a compound annual growth rate (CAGR) of over 7%.
Experts highlight that increasing public awareness of the benefits of herbal medicine, growing concerns about the side effects of synthetic drugs, and rising demand for herbal supplements and superfoods are the main drivers of this trend. In addition, the adoption of innovative production and packaging technologies has greatly improved product quality and shelf life.
Despite remarkable opportunities, challenges remain, including strict regulatory requirements, supply chain issues, and the need for clinical efficacy verification. Analysts emphasize that companies and investors must address these factors to strengthen their position in the competitive global market.
Industry leaders believe that by 2030, the global herbal medicine market will not only provide opportunities for innovation and export but will also emerge as one of the key pillars of preventive healthcare and wellness products worldwide