Market Research Report

GCC Herbal Medicine Market Research Report: Forecast (2024-2030)

GCC Herbal Medicine Market Share - By Type of Remedies (Herbal Analgesics, Herbal Sleeping Aids, Herbal Cough, Cold & Allergy Remedies, Herbal Digestive Remedies, Herbal Dermatolog...icals, 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 Read more

  • Healthcare
  • Aug 2024
  • 147
  • PDF, Excel, PPT

Market Definition

Herbal medicine is referred to as the medicine that uses roots stems, leaves, flowers, or seeds of plants to improve health, prevent disease, and treat illness.

Market Insights & Analysis: GCC Herbal Medicine Market (2024-30):

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.

The outbreak of COVID-19 has steered a change in customer behavior toward the acceptance of herbal medicine in the region. Consumers in the GCC are gradually moving towards natural remedies amid rising health consciousness.

Further, due to the hot & humid temperature and poor water quality, the consumers in the region are witnessing an increase in skin-related issues, like sunburn, heat rashes, etc. As per the statistics by the Emirates Dermatologists Society, more than 24% of the adolescents in the UAE are suffering from Eczema. These rising issues are compelling consumers to use medicines that are effective and safe for different types of skin. Therefore, the end-users are using herbal dermatological that do not contain toxins to soothe the inflammation on the skin, enlarging the market size.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 6.90%
Region Covered The UAE, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain
Key Companies Profiled 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.
Market Value (In 2023) USD 224.83 Million
Market Value (By 2030) USD 366 Million

Moreover, the countries in the GCC region are competing to establish themselves as the most preferred tourist destination for global business events, developing sports infrastructure to host mega sporting events, adventure hubs, etc. They have set ambitious targets to invite foreign tourists to boost their economic growth under several futuristic Vision Plans. For instance, the Ministry of Tourism of Saudi Arabia has set a target to host 150 million foreign tourists in 2030. While, UAE and Qatar are gearing up to invite around 40 million and 6 million, respectively in the same year.

This increasing visitor mobility in the region is creating greater opportunities for viruses and colds to spread. Along with this, the government has lifted restrictions on the number of people permitted to undertake Hajj and Umrah, which will lead to the entry of more people into the region. During these times, the consumption of vitamins, dietary supplements, and other preventive herbal/traditional products to stay healthy would increase, enhancing market growth. Meanwhile, an increasing number of herbal/traditional products will continue to enter the GCC countries' market due to the ease of doing business in these nations. This, in turn, would make these products easily accessible, boosting market growth.  


GCC Herbal Medicine Market Research Report: Forecast (2024-2030)

GCC Herbal Medicine Market Driver:

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.

Further, the consistent consumption of allopathic medicine also makes the individuals addicted and they experience withdrawal symptoms after they are cured. Therefore, to eradicate the issues that stem from synthetic medicinal doses, healthcare professionals in the GCC nations are increasingly recommending the patients opt for herbal medicine, driving the market growth.

GCC Herbal Medicine Market Challenge:

Absence of Regulatory Bodies to Ensure Product Quality & Pricing Standards – Despite greater inclination, the consumer acceptance of herbal medicine in GCC in countries like Saudi Arabia, is comparatively slower. This is primarily due to the absence of regulatory bodies, quality benchmarks, and pricing standards across all the countries. The herbal supplements market of the GCC region is highly fragmented with the presence of more than 100 companies' products on the shelves of pharmacies and retailers. Moreover, the absence of regulatory bodies streamlining the quality benchmarks is resulting in the entry of low-quality products. Thus, hampering the consumer sentiment towards herbal medicine. Additionally, the majority of the GCC nations have limited herbal medicine manufacturing ecosystems. As a result, the GCC nations rely heavily on imports from other neighboring countries. This makes the prices of these medicines relatively higher since the import & trade duties are also added to the final costs. Therefore, some of the consumers prefer low-cost synthetic medicines, restraining market growth.

GCC Herbal Medicine Market Trend:

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.

GCC Herbal Medicine Market (2024-30): Segmentation Analysis

The GCC Herbal Medicine Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2024–2030 at the regional levels. Based on the analysis, the market has been further classified as:

Based on Type of Remedies:

  • Herbal Analgesics
  • Herbal Sleeping Aids
  • Herbal Cough, Cold & Allergy Remedies
  • Herbal Digestive Remedies
  • Herbal Dermatologicals
  • Herbal Dietary Supplements
  • Herbal Tonics

Of them all, Herbal Cough, Cold & Allergy Remedies hold a substantial market share. The cold & cough is one of the most common illnesses among children aged below 10 in the GCC countries. However, due to the low body mass index of the children, the doctors do not prescribe them heavy doses of medicine. Moreover, as per the Medline Plus Government Organization, therapeutic drugs have serious aftereffects on their bodies. Therefore, the doctors prescribe them more natural products. Along with this, these remedies are considered safe and effective for minor coughs and colds in the region.

Further, the top companies are introducing new products in this category. These products offer more health benefits to the consumers owing to which they are opted by several end-users. For instance, the introduction of PanaNatural cough syrup, a 100% natural, honey-based remedy suitable for adults and children over a year old, was well received by consumers in the GCC region.

Besides, several consumers in the region are dealing with obesity due to the higher consumption of packaged food. As a result, they are looking out for remedies, like Herbal Dietary Supplements that will help them in their weight management. Consumers in the UAE are more inclined toward herbal dietary supplements which grabbed more than 25% of the country’s herbal medicine market in 2024. The emerging trends of the consumers to look fit & reduce weight would further amplify the demand for herbal dietary supplements in the GCC during forthcoming years.

Based on Sales Channel:

  • Hospitals
  • Pharmacies
  • E-Commerce

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.

Furthermore, as consumers continue to engage in a busy lifestyle, there will be a need for convenient medicine delivery alternatives, like online platforms, supporting the market growth during 2024-2030.

GCC Herbal Medicine Market (2024-30): Regional Projection

Geographically, the GCC Herbal Medicine Market expands across:

  • Saudi Arabia
  • The UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Geographically, Saudi Arabia held market share of more than 60% in 2023 due to the growing geriatric population & presence of top companies in the country. The usage of herbal medicine as an immunity booster, and treatment for colds, coughs, fevers, etc., is deeply ingrained in the Arabic culture. As a result, a large number of customers prefer to use them in place of other types of medicines. Based on the customer survey, it has been found that around 64% of the citizens in the country are confident about the use and efficacy of herbal medicines. Further, around 63% of the patients suffering from any chronic disease used at least one herbal supplement. This higher consumer trust in the efficacy & product quality of herbal medicines is supporting the market growth in Saudi Arabia.

Also, the country previously relied on imports to fulfill the needs of the consumers. However, the public & private entities are now focusing on establishing the local manufacturing units for the herbal medicines. This would make the medicines more accessible to the mass population. This would help the country to hold a market share of around 80% during the forecast period.

GCC Herbal Medicine Industry Recent Development:

  • 2024: Globalpharma:  Launched two herbal medicines, i.e., an anti-inflammatory, and medicine for the management of Dyslipidaemia in the UAE
  • 2023: Himalaya Wellness Company LLC: Announced the establishment new herbal pharmaceutical factory in Dubai, the UAE with an investment of around USD54.45 Million.

Gain a Competitive Edge with Our GCC Herbal Medicine Market Report

  • GCC Herbal Medicine Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  • This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  • GCC Herbal Medicine Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The GCC Herbal Medicine Market is expected to grow at a compound annual growth rate (CAGR) of 6.90% from 2024 to 2030.

   A. The GCC Herbal Medicine Market size was estimated at USD USD224.83 Million in 2023 and is expected to reach around USD366 Million by 2030

   A. Increasing consciousness about the ill-effects of allopathic medicine is expected to drive the GCC Herbal Medicine Market during 2024-30

   A. The top players in the GCC Herbal Medicine Market 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, Others.

   A. Herbal Cough, Cold & Allergy Remedies held the largest share of the GCC Herbal Medicine Market

   A. Saudi Arabia would present growth prospects in the GCC Herbal Medicine Market during 2024-30

   A. Rising Campaigns & Awareness Programs are the key trends shaping the growth of the GCC Herbal Medicine Market

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. GCC Herbal Medicine Market Trends & Developments
  5. GCC Herbal Medicine Market Dynamics
    1. Growth Drivers
    2. Challenges
  6. GCC Herbal Medicine Market Opportunities & Hotspots
  7. GCC Herbal Medicine Market Value Chain Analysis
  8. GCC Herbal Medicine Market Regulations and Policy
  9. GCC Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies
        1. Herbal Analgesics – Market Size & Forecast 2019-2030 (USD Million)
        2. Herbal Sleeping Aids– Market Size & Forecast 2019-2030 (USD Million)
        3. Herbal Cough, Cold & Allergy Remedies– Market Size & Forecast 2019-2030 (USD Million)
        4. Herbal Digestive Remedies– Market Size & Forecast 2019-2030 (USD Million)
        5. Herbal Dermatologicals– Market Size & Forecast 2019-2030 (USD Million)
        6. Herbal Dietary Supplements– Market Size & Forecast 2019-2030 (USD Million)
        7. Herbal Tonics– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source
        1. Roots and Barks – Market Size & Forecast 2019-2030 (USD Million)
        2. Leaves– Market Size & Forecast 2019-2030 (USD Million)
        3. Flowers – Market Size & Forecast 2019-2030 (USD Million)
        4. Fruits – Market Size & Forecast 2019-2030 (USD Million)
        5. Whole Plant– Market Size & Forecast 2019-2030 (USD Million)
        6. Others– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form
        1. Extracts– Market Size & Forecast 2019-2030 (USD Million)
        2. Powders– Market Size & Forecast 2019-2030 (USD Million)
        3. Capsules & Tablets– Market Size & Forecast 2019-2030 (USD Million)
        4. Syrups– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel
        1. Hospitals – Market Size & Forecast 2019-2030 (USD Million)
        2. Pharmacies – Market Size & Forecast 2019-2030 (USD Million)
        3. E-commerce – Market Size & Forecast 2019-2030 (USD Million)
      5.  By Consumers
        1. Male– Market Size & Forecast 2019-2030 (USD Million)
        2. Female– Market Size & Forecast 2019-2030 (USD Million)
        3. Children– Market Size & Forecast 2019-2030 (USD Million)
      6. By Country
        1. Saudi Arabia
        2. The UAE
        3. Qatar
        4. Kuwait
        5. Oman
        6. Bahrain
    3. By Company
      1. Competition Characteristics
      2. Market Share of top Competitors
  10. Saudi Arabia Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers – Market Size & Forecast 2019-2030 (USD Million)
  11. The UAE Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers – Market Size & Forecast 2019-2030 (USD Million)
  12. Qatar Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers – Market Size & Forecast 2019-2030 (USD Million)
  13. Kuwait Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers – Market Size & Forecast 2019-2030 (USD Million)
  14. Oman Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers – Market Size & Forecast 2019-2030 (USD Million)
  15. Bahrain Herbal Medicine Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Remedies– Market Size & Forecast 2019-2030 (USD Million)
      2. By Source– Market Size & Forecast 2019-2030 (USD Million)
      3. By Form– Market Size & Forecast 2019-2030 (USD Million)
      4. By Sales Channel– Market Size & Forecast 2019-2030 (USD Million)
      5. By Consumers– Market Size & Forecast 2019-2030 (USD Million)
  16. GCC Herbal Medicine Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Company Profiles
      1. Saudi Pharmaceutical Industries & Medical Appliances Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Manayer Najd Medical Co
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Saudi Arabian Drug Store Co.Ltd
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. GT Medical
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. MPS Bashirco
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Haw Par Healthcare Ltd
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Reckitt Benckiser Arabia FZE
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Performance Health Inc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Enzymedica, Inc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. The Procter & Gamble Co,
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Forest Laboratories Inc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Globalpharma
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Himalaya Wellness Company LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Others
  18. Disclaimer


GCC Herbal Medicine Market Segment