Mexico Herbal Medicine Market Size & Outlook, 2024-2030

The herbal medicine market in Mexico is expected to reach a projected revenue of US$ 3,712.0 million by 2030. A compound annual growth rate of 22.7% is expected of Mexico herbal medicine market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,088.2
Forecast, 2030 (US$M)
$3,712.0
CAGR, 2025 - 2030
22.7%
Report Coverage
Mexico

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Mexico herbal medicine market, 2018-2030 (US$M)

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Mexico herbal medicine market highlights

  • The Mexico herbal medicine market generated a revenue of USD 1,088.2 million in 2024 and is expected to reach USD 3,712.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 22.7% from 2025 to 2030.
  • In terms of segment, ayurveda was the largest revenue generating intervention in 2024.
  • Ayurveda is the most lucrative intervention segment registering the fastest growth during the forecast period.


Herbal medicine market data book summary

Market revenue in 2024USD 1,088.2 million
Market revenue in 2030USD 3,712.0 million
Growth rate22.7% (CAGR from 2025 to 2030)
Largest segmentAyurveda
Fastest growing segmentAyurveda
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAyurveda, Apitherapy, Bach Flower Therapy, Naturopathic Medicine, Traditional Chinese Medicine, Traditional Korean Medicine, Traditional Japanese Medicine, Traditional Mongolian Medicine, Traditional Tibetan Medicine, Zang Fu Theory
Key market players worldwideChangsheng Medical Technology, Nordic Nutrients, Ayush Arogyam Private Limited, Herbal Hills, Herb Pharm, LKK Health Products Group, KindCare Medical Center, Pascoe, Bionorica SE, The Center for Natural & Integrative Medicine, Sinomedica


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.3% of the global herbal medicine market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil herbal medicine market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7,774.6 million by 2030.

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Herbal Medicine Market Companies

Name Profile # Employees HQ Website
Sinomedica View profile 11-50 Lugano, Ticino, Switzerland, Europe https://www.sinomedica.ch/
The Center for Natural & Integrative Medicine View profile 11-50 Orlando, Florida, United States, North America https://drkalidas.com
Bionorica SE View profile 101-250 Neumarkt In Der Oberpfalz, Bayern, Germany, Europe http://www.bionorica.de/
Pascoe View profile 11-50 Richmond Hill, Ontario, Canada, North America https://www.pascoe.ca/
KindCare Medical Center View profile 11-50 Dubai, Dubai, United Arab Emirates, Asia https://kindcare.ae
Ayush Arogyam Private Limited View profile 1-10 Thane, Maharashtra, India, Asia http://www.ayusharogyam.com
Nordic Nutrients View profile 1-10 Seinäjoki, Western Finland, Finland, Europe http://www.nordicnutrients.fi
Changsheng Medical Technology View profile - -
Herbal Hills View profile 1-10 Kandivli, Maharashtra, India, Asia https://www.herbalhillswellness.com/
LKK Health Products Group View profile 1001-5000 Central, Hong Kong Island, Hong Kong, Asia https://www.lkkhpg.com/en-us/
Herb Pharm View profile 101-250 Williams, Oregon, United States, North America https://www.herb-pharm.com/

Mexico herbal medicine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to herbal medicine market will help companies and investors design strategic landscapes.


Ayurveda was the largest segment with a revenue share of 28.28% in 2024. Horizon Databook has segmented the Mexico herbal medicine market based on ayurveda, apitherapy, bach flower therapy, naturopathic medicine, traditional chinese medicine, traditional korean medicine, traditional japanese medicine, traditional mongolian medicine, traditional tibetan medicine, zang fu theory covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico herbal medicine market databook

  • Our clientele includes a mix of herbal medicine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico herbal medicine market , including forecasts for subscribers. This country databook contains high-level insights into Mexico herbal medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico Intervention - Herbal Medicine Market size, 2024 - 2030 (US$M)

Mexico Herbal Medicine Market Outlook Share, 2024 & 2030 (US$M)

Mexico Intervention - Herbal Medicine Market size, 2024 - 2030 (US$M)

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