GCC Herbal Medicine Market Share, Size & Growth 2030

1. GCC Herbal Medicine Market Research Report: Forecast (2024-2030) • GET UPDATED SAMPLE REPORT 2025-2030 • MARKNTEL ADVISORS

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4. Market Insights 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.

5. 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.

6. Market Segments GCC Herbal Medicine Market Share - By Type of Remedies (Herbal Analgesics, Herbal Sleeping Aids, Herbal Cough, Cold & Allergy Remedies, Herbal Digestive Remedies, Herbal Dermatologicals, Herbal Dietary Supplements, Herbal Tonics), By Source (Roots and Barks, Leaves, Flowers, Fruits, Whole Plant, Others), By Form (Extracts, Powders, Capsules & Tablets, Syrups), By Sales Channel (Hospitals, Pharmacies, E-commerce), By Consumers (Male, Female, Children), and Others

7. Top Companies 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.

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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