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Latin America Herbal Medicine Market to Expand Significantly During 2023-2028, with Growing Inclination Towards Natural Ingredients

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Medicina Herberia, Informe y Pronóstico 2023-2028′, proporciona un estudio bien definido en el que se analizan los factores que configuran positivamente el mercado. El informe examina además las limitaciones y la amenaza de la rivalidad que se plantea en el mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con el análisis FODA. Además, según tipo, forma, aplicación, y las regiones clave, se estudia el mercado según las últimas tendencias y su impacto en los algoritmos del mercado. El estudio ofrece una investigación en profundidad, que abarca los indicadores de precios y los actores del mercado, abordando la dinámica y el panorama del mercado.

The new report by Informes de Expertos titled, ‘Latin America Herbal Medicine Market 2023-2028’ , provides a well-defined survey analysing the factors positively shaping the market. The report further examines the constraints and threat of rivalry posed in the market, based on Porter’s Five Forces models, along with SWOT analysis. Furthermore, according to type, form, application, and key regions, the market is studied by the latest trends and their impact on the market algorithms. The study offers in-depth research, encompassing the price indicators and market players, addressing the market dynamics and landscape.

Los aspectos más destacados del informe son: https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-medicina-herbaria/solicitar-una-muestra

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 5,50%

La razón principal del crecimiento del mercado de medicina herbaria es un gasto en atención médica preventiva, un aumento de la demanda de los consumidores de productos tradicionales, tasas crecientes de enfermedades crónicas y una inversión sustancial en I + D. También está impulsando aún más el mercado de medicamentos medicina herbaria en América Latina. Las preferencias de los consumidores hacia los medicamentos naturales con efectos secundarios mínimos y prevención de enfermedades a largo plazo están cambiando con frecuencia.  Además, la creciente conciencia de los consumidores sobre el mantenimiento de una buena salud y bienestar está impulsando actualmente el mercado. Por ejemplo, la diabetes, la artritis, el cáncer, las preocupaciones digestivas y los problemas del sueño están aumentando, pero proporcionan excelentes retornos a largo plazo.

Además, el surgimiento de la naturopatía y la creciente demanda de variedades de productos orgánicos y veganos seguirán catalizando el mercado de medicina herbaria en América Latina durante el período previsto. Los canales de distribución de comercio electrónico aumentan los ingresos debido a la mayor concienciación, el uso de teléfonos inteligentes e Internet, amplias áreas de cobertura y menores costes. Como resultado, en 2021, el mercado obtuvo un volumen de 13,5 millones de dólares.

Read Full Report with Table of Contentshttps://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-medicina-herbaria

Industry Definition and Major Segments

By the term herbal medicine, it can be deduced that the medicine is curated with the help of natural and active ingredients, especially from plants. It is a type of natural and holistic medicine made from roots, bark, flowers, and berries. fruits, seeds and leaves. Herbal medicine finds its way in ancient literature and form of treatment and pharmaceuticals. People use them to treat, cure and prevent various diseases such as allergies, cancer, migraines, arthritis, chronic fatigue and so on.

According to type, the market is categorised into:

• Pharmaceuticals
• Functional Foods
• Dietary Supplements
• Personal Care and Cosmetics

On the basis of form, the industry is classified into:

• Tablets and Capsules
• Powder
• Extracts
• Syrup
• Others

The market is divided on the basis of application into:

• Pharmaceutical and Nutraceutical
• Food and Beverages
• Personal Care and Cosmetics

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

Pre-Columbian cultures, especially the Aztec and Inca cultures, used a variety of herbal and holistic medicines. It showcases that Latin America has a history of holistic and herbal medicines. Many different herbs were used directly to treat patients in those times, while other herbs were used to complement shamanic therapy, which was prevalent in the Inca culture. Nowadays, youngsters are deeply impacted by this history and are trying to reincorporate this culture. Latin America is witnessing a trend of remodelling diverse cultures and re-establishing the positive aspects.

Furthermore, approved by the Ministries of Health, holistic and tradition herbal medicines promotes a cross-cultural approach that helps to remove barriers to access services and improve health outcomes for different ethnic groups across countries. This stand further highlights strategic directions for the recognition of ancient knowledge of traditional and complementary medicine. It plans to strengthen an informed dialogue that promotes the development and strengthening of transcultural health models to achieve health care focused on the needs of individuals and communities sustainably.

Key Market Players

The major players in the market are: 

• KPC Products, Inc.
• Hishimo Pharmaceuticals
• Blackmores Limited
• Arkopharma
• Bio-Botanica Inc.
• Nature Herbs
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.