Market Forecast By Type (Horsetail, Dandelion, Echinacea, Valerian, St. JohnS Wort, Lemon Balm, Yarrow, Calendula), By Nature (Organic, Conventional), By Form (Whole, Powder, Liquid), By End-Use (Medicinal Tea, Health Supplement, Nutritive Jams, Herbal Medicines, Cosmeceuticals, Other Uses) And Competitive Landscape
Product Code: ETC222721 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | US Medicinal Herbs Market |
Forecast period | 2025-2031 |
CAGR | 14.6% |
Growing Sector | Healthcare |
The US Medicinal Herbs market report thoroughly covers the market by type, by nature, by form, by end user and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The US medicinal herbs market has shown significant growth over recent years, driven by increasing consumer interest in natural health products and holistic wellness. This market encompasses a wide range of products, including dietary supplements, teas, ointments, and essential oils, all derived from herbs known for their therapeutic properties. Factors such as the rise in self-care practices, growing awareness of alternative medicine, and the desire to reduce reliance on synthetic pharmaceuticals have further bolstered the demand for medicinal herbs. Additionally, the legalization and acceptance of medical cannabis in various states have opened new avenues for herbal medicine, contributing to the market's expansion. Additionally, one of the key trends observed in the US medicinal herbs market is the increasing consumer preference for organic and sustainably sourced products. Buyers are not only looking for effective natural remedies but also products that have a minimal environmental footprint. This shift is encouraging suppliers to adopt eco-friendlier farming and production methods.
According to 6Wresearch, US Medicinal Herbs market size is projected to grow at a CAGR of 14.6% during 2025-2031. Several key factors are propelling the growth of the US medicinal herbs market. Firstly, the increasing health consciousness among consumers is driving them towards natural and plant-based products for preventive healthcare and wellness. This shift in consumer behavior is a pivotal growth driver, as more individuals seek alternatives to conventional medicine. Secondly, the aging population in the US is contributing significantly to the market's expansion. Older adults are increasingly turning to medicinal herbs to manage age-related conditions and improve their quality of life, thereby fueling demand for herbal supplements and remedies.
The U.S. government has implemented several initiatives aimed at supporting the medicinal herbs market. Key among them is the Botanical Research Centers Program, sponsored by the National Institutes of Health (NIH), designed to foster research on the safety, effectiveness, and mechanisms of action of botanical dietary supplements. This program signifies the government's acknowledgment of the potential health benefits of medicinal herbs and its commitment to scientifically validating these benefits. Steadily, these actions have boosted the US Medicinal Herbs Market Share. Additionally, the United States Department of Agriculture (USDA) offers grants and support for the cultivation of medicinal herbs, recognizing them as high-value crops. This support not only aids in research but also encourages sustainable farming practices among herb growers.
In this burgeoning field, several key companies have emerged as frontrunners, steering the direction of the US medicinal herbs market. Among them, Gaia Herbs is renowned for its commitment to purity and potency, using organic farming methods to cultivate its plants. Mountain Rose Herbs stands out for its sustainable practices, offering an extensive range of certified organic herbs and spices. Meanwhile, Herb Pharm emphasizes the scientific backing of its products, focusing on the efficacy and safety of its herbal supplements. In addition, the businesses’ grasp massive US Medicinal Herbs Market Revenues. Further, these industry leaders, along with companies like Traditional Medicinals and Frontier Co-op, are not only promoting health and wellness through their offerings but are also driving innovation and sustainability within the market.
Looking into the future, the medicinal herbs market in the United States is poised for significant growth, driven by increased consumer interest in natural health products and holistic wellness. Advances in agritech, such as precision farming and biotechnology, are expected to further enhance the cultivation and quality of medicinal herbs, reducing environmental impact and improving yield. In addition, ongoing research into the therapeutic benefits of herbs will likely result in the discovery of new applications and formulations, expanding the market. The integration of digital technologies for traceability and authenticity, coupled with a growing emphasis on sustainable and ethical sourcing, will continue to build consumer confidence and demand. As societal awareness and acceptance of herbal medicine increase, the sector is set to become an integral part of the healthcare system, contributing to preventative health care and providing complementary options for treatment.
According to Ravi Bhandari, Research Head, 6Wresearch, the range of products derived from medicinal herbs is both diverse and extensive, catering to a plethora of health and wellness needs. Among these, Horsetail is commonly utilized in products aimed at improving bone health and skin elasticity due to its high silica content. Dandelion features prominently in detox blends and liver support supplements, thanks to its diuretic properties and support of liver function. Echinacea is a staple in immune support products, heralded for its ability to boost the body's natural defense mechanisms. Sleep aids and stress relief formulations often contain Valerian, a herb well-regarded for its sedative qualities. St. John's Wort is widely used in natural remedies for depression and mood disorders, recognized for its potential to enhance mental well-being. Lemon Balm, with its calming effects, is favored in products targeting anxiety and insomnia. Lastly, Yarrow, known for its wound healing properties, is incorporated into topical applications for cuts and abrasions as well as digestive health products for its ability to relieve gastrointestinal discomfort.
The end users of medicinal herbs products vary widely, encompassing individuals seeking natural alternatives for healthcare and wellness. These include enthusiasts of Medicinal Tea who prefer gentle, therapeutic benefits; consumers of Health Supplements looking for targeted support for various bodily functions; aficionados of Nutritive Jams who appreciate the blend of flavor and health benefits; proponents of Herbal Medicines in pursuit of traditional remedies for ailments; and users of Cosmeceuticals who prioritize natural ingredients in skincare and beauty products. Each of these end users values the intrinsic benefits of medicinal herbs, whether for preventive health care, treatment of specific conditions, or enhancing overall well-being and appearance.
The US Medicinal Herbs market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 US Medicinal Herbs Market Overview |
3.1 US Country Macro Economic Indicators |
3.2 US Medicinal Herbs Market Revenues & Volume, 2021 & 2031F |
3.3 US Medicinal Herbs Market - Industry Life Cycle |
3.4 US Medicinal Herbs Market - Porter's Five Forces |
3.5 US Medicinal Herbs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 US Medicinal Herbs Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 US Medicinal Herbs Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 US Medicinal Herbs Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 US Medicinal Herbs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 US Medicinal Herbs Market Trends |
6 US Medicinal Herbs Market, By Types |
6.1 US Medicinal Herbs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 US Medicinal Herbs Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 US Medicinal Herbs Market Revenues & Volume, By Horsetail, 2021 - 2031F |
6.1.4 US Medicinal Herbs Market Revenues & Volume, By Dandelion, 2021 - 2031F |
6.1.5 US Medicinal Herbs Market Revenues & Volume, By Echinacea, 2021 - 2031F |
6.1.6 US Medicinal Herbs Market Revenues & Volume, By Valerian, 2021 - 2031F |
6.1.7 US Medicinal Herbs Market Revenues & Volume, By St. JohnS Wort, 2021 - 2031F |
6.1.8 US Medicinal Herbs Market Revenues & Volume, By Lemon Balm, 2021 - 2031F |
6.1.9 US Medicinal Herbs Market Revenues & Volume, By Calendula, 2021 - 2031F |
6.1.10 US Medicinal Herbs Market Revenues & Volume, By Calendula, 2021 - 2031F |
6.2 US Medicinal Herbs Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 US Medicinal Herbs Market Revenues & Volume, By Organic, 2021 - 2031F |
6.2.3 US Medicinal Herbs Market Revenues & Volume, By Conventional, 2021 - 2031F |
6.3 US Medicinal Herbs Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 US Medicinal Herbs Market Revenues & Volume, By Whole, 2021 - 2031F |
6.3.3 US Medicinal Herbs Market Revenues & Volume, By Powder, 2021 - 2031F |
6.3.4 US Medicinal Herbs Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4 US Medicinal Herbs Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 US Medicinal Herbs Market Revenues & Volume, By Medicinal Tea, 2021 - 2031F |
6.4.3 US Medicinal Herbs Market Revenues & Volume, By Health Supplement, 2021 - 2031F |
6.4.4 US Medicinal Herbs Market Revenues & Volume, By Nutritive Jams, 2021 - 2031F |
6.4.5 US Medicinal Herbs Market Revenues & Volume, By Herbal Medicines, 2021 - 2031F |
6.4.6 US Medicinal Herbs Market Revenues & Volume, By Cosmeceuticals, 2021 - 2031F |
6.4.7 US Medicinal Herbs Market Revenues & Volume, By Other Uses, 2021 - 2031F |
7 US Medicinal Herbs Market Import-Export Trade Statistics |
7.1 US Medicinal Herbs Market Export to Major Countries |
7.2 US Medicinal Herbs Market Imports from Major Countries |
8 US Medicinal Herbs Market Key Performance Indicators |
9 US Medicinal Herbs Market - Opportunity Assessment |
9.1 US Medicinal Herbs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 US Medicinal Herbs Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 US Medicinal Herbs Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 US Medicinal Herbs Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 US Medicinal Herbs Market - Competitive Landscape |
10.1 US Medicinal Herbs Market Revenue Share, By Companies, 2024 |
10.2 US Medicinal Herbs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |