The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), GCC Herbal Medicine Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

GCC Herbal Medicine Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, GCC Herbal Medicine Market size is valued at USD 224.83 Million in 2023 & is estimated to reach USD 366 Million by 2030.  The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in GCC Herbal Medicine Market Segmentation?

The report has segmented the market into the following categories:

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)

Among them, e-commerce holds a substantial market share owing to the higher internet penetration rates, smartphone accessibility, and the rising inclination of customers to purchase medicine from online applications. The e-commerce platforms provide the consumers with flexibility to order from home or any other place. Along with this, the online shopping channel also provides medicines to consumers within an hour, making it an even more preferable sales channel. As per the research conducted, the online sales of these herbal products have soared across the region. All the leading online retailers such as Amazon, Noon, souCare, etc., have been providing these products with multiple cashback offers. These promotional activities have gained consumers’ attention and sales via these platforms in Saudi Arabia reached 11% in 2024 from 1% in 2019. Along with this, the e-commerce sales in UAE and Qatar expanded to around 6% and 5% respectively in 2024. Also, the increasing inclination towards telehealth platforms, i.e., the online medium that helps in the virtual consultation with the doctors is also supporting the online sales of these medicines.

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

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Key Factor Driver GCC Herbal Medicine Industry Growth by 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.

Who are the Key Players Operating in the GCC Herbal Medicine Industry?

The top companies of the GCC Herbal Medicine market ruling the industry are: 

• 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

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
2. What are the trends influencing the current scenario of the GCC Herbal Medicine Market?
3. What are the key factors that would propel and hinder the industry?
4. Which geographical area dominates the GCC Herbal Medicine industry?
5. Which is the Leading segment in the market?

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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.

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