Sweden Herbal Medicine Market Size & Outlook, 2024-2030
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Sweden herbal medicine market highlights
- The Sweden herbal medicine market generated a revenue of USD 166.0 million in 2024 and is expected to reach USD 633.7 million by 2030.
- The Sweden market is expected to grow at a CAGR of 25% 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 2024 | USD 166.0 million |
| Market revenue in 2030 | USD 633.7 million |
| Growth rate | 25% (CAGR from 2025 to 2030) |
| Largest segment | Ayurveda |
| Fastest growing segment | Ayurveda |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 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 |
| Key market players worldwide | Changsheng 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, Sweden accounted for 0.2% 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 Europe, Germany herbal medicine market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 23,600.8 million by 2030.
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Herbal Medicine Market Scope
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/ |
Sweden 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 28.25% in 2024. Horizon Databook has segmented the Sweden 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 Sweden herbal medicine market databook
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Our clientele includes a mix of herbal medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Sweden herbal medicine market , including forecasts for subscribers. This country databook contains high-level insights into Sweden herbal medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Sweden Intervention - Herbal Medicine Market size, 2024 - 2030 (US$M)
Sweden Herbal Medicine Market Outlook Share, 2024 & 2030 (US$M)
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