The global market for medicinal herbs is likely to exhibit vast opportunities in developed and developing regions on account of increasing investments by the government for the production of medicinal herbs and the expansion of herbal-based products in various end-use industries. Furthermore, the continuous demand for natural and herbal health supplements and medicines has influenced the overall market for medicinal herbs for the market to grow upwards. The awareness about the health benefits served by medicinal herbs has increased in the developing economies, which has boosted the demand for medicinal herbs remarkably. Changing lifestyle and consumption patterns of the consumers is likely to increase the consumption of the medicinal herbs in the future at the global level. Rising demand for the herbal-based products in both developing and well as developed countries are likely to create various opportunities for the medicinal herbs market.
A recent study by Fact.MR expects the medicinal herbs market to observe a growth rate of 9.4% throughout the forecast period in terms of the revenue generated. The liquid form of medicinal herbs is likely to gain the market share tremendously throughout the forecast period due to the convenience and the benefit of diverse applications offered by them. However, other forms like powder and whole are likely to withstand the steady growth during the forecast period. Moreover, rising awareness about the health and wellness served by the herbal products also drives the market for medicinal herbs and their preparations. Even the increasing visibility of the herbal-based products through various advertising media also lead to a greater awareness among consumers, which ultimately influences the market growth of the medicinal herbs.
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Medicinal herbs witnessing increasing demand from multiple end use areas
Medicinal herbs serve diverse applications in several end-use industries, which act as a booster for the growth of the medicinal herbs market. Owing to the several properties of the medicinal herbs and the benefits served by them, the global market for medicinal herbs is likely to surge during the forecast period. Human societies have always been in the close vicinity of the environment and have used the products provided by the surroundings as food and medicine. There exist more than a million of medicinal herbs in the world, and out of which many are still unknown to the human species. Gradually, the medicinal practices have been shifting towards the treatment and experimentation of the use of medicinal plants, which leads to the discovery of a new herb which depicts the medicinal properties, thus boosting the global market for medicinal herbs. Moreover, the rise in the consumers’ inclination towards the use of herbal products for cosmetics as well has increased the demand for the medicinal herbs by the cosmeceutical manufacturers.
Aging population acts as an infuser for medicinal herbs market
The rising rate of life expectancy in emerging countries has also increased various age-related diseases, such as high blood pressure, diabetes, and obesity, among others. Consumers are inclined to follow healthy lifestyles to obtain required nutrients and gain the benefits of natural products to prevent the diseases, which leads to increased consumption of herbal products, such as herbal medicines and herbal supplements. Moreover, the geriatric population has a positive perception of herbal and natural products, thus infusing the medicinal herbs market further. Additionally, the geriatric people have knowledge and information about the usage and benefits of medicinal herbs and herbal preparations, which is likely to drive the medicinal herbs market towards northward growth.
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Medicinal herbs as a source of income and health?
The medicinal herbs make a significant contribution to the broader development process, as it serves as a source of income for several households engaged in the cultivation and processing of these medicinal herbs. The enhancement of the efficiency of the herbal preparations requires the development of the quality consciousness in respect to the supplying demand for the botanicals and herbals is a booming business. The developed economies use the medicinal systems which involve the use of herbal drugs and remedies. The need for the products derived from the medicinal herbs is increasing day by day. The demand for medicinal herbs is rising, due to the increased sales of herbal medicines and herbal health supplements. The economies like China, India, among others, have a high number of medicinal herbs and account to the dominating exporters of the medicinal plants. During the forecast period, the medicinal herbs are likely to gain traction among the health practitioners, pharmaceutical, nutraceutical, cosmeceutical companies.
The overall medicinal herbs market is likely to witness significant growth, with the market players focusing on offering medicinal herbs in a variety of forms and make them more palatable and pleasing for the consumers to consume and gain the medicinal benefits.
Request research methodology of this report.
According to a new research analysis by Fact.MR, the global market for medicinal herbs is anticipated to observe a rapid growth during the foreseen period from 2019 – 2029. The study propounds the critical market trends which are currently influencing the growth of the medicinal herbs market. This newly published report sheds light upon the crucial factors, which are likely to transform the global trend for the medicinal herbs market, which in turn creates enormous incremental opportunities for the key market players and the local and domestic players, involved in the cultivation, processing, and the preparation of medicinal herbs and their products. There are large number of players engaged in the medicinal herbs market at various levels of the medicinal herbs value chain.
The medicinal herbs market analysis is an illustrative market intelligence and evaluation of the revenues, growth factors, market challenges, industry trends, and the white spaces available in the market place. These factors are likely to have a positive influence on the growth of the medicinal herbs market. The report primarily communicates the key findings of the global market for medicinal herbs, taking into account the current and the future prospects of the medicinal herbs market. The report also opens up the innovative facets pertaining to the adoption of the medicinal herbs across the key regions of the global market.
A deep dive key indicators assessment for the few of the market participants of the medicinal herbs market enables the readers to gain deep dive analysis which has been derived from the medicinal herbs value chain analysis, business footprint, and their internal and external strategies, across the regions are incorporated in this report. A list of key companies engaged in the medicinal herbs market profiled in the report adds to the integrity of the exhaustive research analysis presented in the report.
Medicinal Herbs Market: Report Summary and Scope
The study offers detailed insight on different dynamics influencing demand, supply, sales, production and revenue generation in the medicinal herbs market across the globe. The incremental opportunity analysis by each segment and geographies included in the report is helpful for the readers to comprehend enhanced opportunities in the medicinal herbs industry, which is likely to increase the use of medicinal herbs in the end-use applications. A detailed cost breakdown analysis offers the report with innate comprehensiveness, and study provided on the cost breakdown analysis involved in all the regions included for medicinal herbs. The analysts have also provided detailed forecast factors and their material impact on the global medicinal herbs market.
The market forecasts and its factors concerning a likely scenario, and an optimistic scenario related to the production and sales of the medicinal herbs during the forecast period from 2019 to 2029 have also been taken into account while preparation of this report. Analysis and key indicator assessment of price point at regional and product level have been incorporated in this study. The research analysis also exerts facts on factors influencing pricing strategies of the manufacturers of medicinal herbs market. Segmentation breakdown of the medicinal herbs market has also been included in the form of a taxonomy table in the global report.
Medicinal Herbs Market: Analysis on Market Size Evaluation
The report also contains current and future prospects of the medicinal herbs market, including volume, values, price point analysis, pricing year – on - year trend, and regional demand analysis. The key assessment provided on the factors, as mentioned above, is comprehensive, and dedicated weighted chapters have been delivered on the same.
Market valuation at a global and regional scale for the medicinal herbs market is offered in terms of “US$ Mn and Tons.” A Y-o-Y growth projection on key medicinal herbs market segments, along with the market incremental opportunity assessment enumerates key insights offered in the report. Market incremental opportunity mentioned above is also calculated based on medicinal herbs by product type, form, nature, end-use, and regions where medicinal herbs witness’ consistent demand.
Key Market Segments Covered in the Report
On the basis of product type, the medicinal herbs market can be segmented into:
- Horsetail
- Dandelion
- Echinacea
- Valerian
- St. John’s Wort
- Lemon Balm
- Yarrow
- Calendula
- Peppermint
- Spearmint
- Wintergreen
- Marshmallow
- Wasabi
- Yacon
On the basis of the form, the medicinal herbs market can be segmented into:
- Whole
- Powder
- Liquid
On the basis of the nature, the medicinal herbs market can be segmented into:
- Organic
- Conventional
On the basis of the end - use, the medicinal herbs market can be segmented into:
- Medicinal Tea
- Health Supplements
- Nutritive Jams
- Herbal Medicines
- Cosmeceuticals
- Other Uses
Geographically, the medicinal herbs market can be segmented into:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Medicinal Herbs Market: Scrutinized Assessment on Regional Segments
Weighted chapters have incorporated in the global report on the medicinal herbs market, which imparts global and regional trends of the market. These chapters enlighten the regional macros (business, economic, and political environment outlook), which are anticipated to have a substantial impact on the growth of the medicinal herbs market soon.
The report provides a company-level market share analysis that has been derived based on the company’s annual sales and segmental revenue in all the target end-use applications. The market has been forecast based on constant currency rates. The report provides detailed company profiles of key participants operating in the global market and their competitive assessment. Some of the major companies operating in the medicinal herbs market analyzed are Zeilpol, Falcon Trading Company, Jahrom Green Kian, Gospodarstwo Zielarskie Produkcja I Skup Zió? A.Dzyr, Elmar D.O.O, Sunrise Nutrachem Group Co., Ltd., Herbs Zaporozhye, Yogi Globals, Mountain Rose Herbs, Starwest Botanicals, Penn Herb Company, Ltd, Himalayan Bio Trade Pvt. Ltd., among others.
Medicinal Herbs Market: In-depth Analysis of Competitive Landscape
The report concludes with a weighted chapter on the competitive landscape of the medicinal herbs market, which profiles key companies contributing to the market expansion. Up-to-date and essential data and knowledge related to the market players, who predominantly engage in the production and supply of the medicinal herbs, have been delivered with the help of a dashboard view. Market share comparison and analysis of these market players offered in the report enables the report readers to devise strategic steps forward for their businesses.
Company profiles incorporated in the report exerts details such as manufacturing of medicinal herbs, along with comprehensive product lines and competition standpoint analysis on each player identified together with the company strategies identification and analysis. The intensity mapping of the market players operating in the medicinal herbs market provides readers with actionable intelligence, which helps in understanding the current market status, and prospects determining competition levels in the medicinal herbs market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Key Findings
1.3. Summary of Statistics
1.4. Fact.MR Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
2.2. Market Introduction
2.3. Market Scope
3. Key Market Trends
3.1. Increasing Use and Popularity
3.2. Increased Herbal Health Supplement Spending
3.3. Traction of Preventive Healthcare Rather Than Treatment
3.4. Rising Cost of Healthcare and Role of Herbal Supplements
4. Market Background
4.1. Per Capita Spending on Healthcare, by Country
4.2. Medicinal Herbs Production Analysis
4.3. Medicinal Herbs Product Hotspot – Pipeline Analysis
4.4. Medicinal Herbs Trade Analysis
4.5. Key Identified Regulations and Guidelines for Medicinal Herbs
4.6. Market Dynamics
4.6.1. Market Drivers
4.6.1.1. Affluence of Working Population
4.6.1.2. Changing Lifestyle and Dietary Pattern
4.6.1.3. Omni-Channel Product Offerings by Manufacturers
4.6.1.4. Ageing Population
4.6.1.5. Rising Health and Wellness Consciousness is Creating a Catalytic Effect
4.6.1.6. Demand for Natural Products
4.6.2. Market Challenges
4.6.2.1. Translation of Traditional Herbal Practices into Conventional Western Medicines
4.6.2.2. Conservation of Traditional Health Practices Becomes the Major Challenge
4.6.2.3. Inadequate Knowledge about the Mode of Action of Medicinal Herbs
4.6.3. Market Opportunities
4.6.3.1. Diversified Applications Served by the Medicinal Herbs
4.6.3.2. Ongoing Exploration of Tribal Medicines
4.6.3.3. Dual Role as Source of Health and Income
4.7. Macro-Economic Factors
4.7.1. Global GDP Growth Outlook
4.7.2. Global Per Capita Health Expenditure Outlook
4.7.3. Global Urbanization Growth Outlook
4.7.4. Per Capita Disposable Income Growth Outlook
4.7.5. Others
4.8. Forecast Factors
4.8.1. Companies Historical Growth
4.8.2. Target Incidence Occurrence Index
4.8.3. Herbal Functional Food Industry Growth
4.8.4. Out of Pocket Healthcare Expenditure
4.9. Value Chain Analysis
5. Medicinal Herbs Market Price Point Analysis
5.1. Medicinal Herbs Market: Price Assessment Trend by Region, 2018
5.2. Medicinal Herbs Market: Price Assessment Trend by Type, 2018
6. Global Medicinal Herbs Market Demand (US$ Mn) Analysis 2014-2018 and Forecast, 2018-2029
6.1. Historical Market Value (US$ Mn) Analysis, 2014-2018
6.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029
6.3. Y-o-Y Growth Trend Analysis
6.4. Incremental Volume (Tons) Analysis
7. Global Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029, by Type
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Type, 2014 - 2018
7.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Type, 2019 - 2029
7.3.1. Horsetail
7.3.2. Dandelion
7.3.3. Echinacea
7.3.4. Valerian
7.3.5. St. John's Wort
7.3.6. Lemonbalm
7.3.7. Yarrow
7.3.8. Calendula
7.3.9. Peppermint
7.3.10. Spearmint
7.3.11. Wintergreen
7.3.12. Marshmallow
7.3.13. Wasabi
7.3.14. Yacon
7.4. Market Attractiveness Analysis By Type
8. Global Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029, by Nature
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Nature, 2014 - 2018
8.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Nature, 2019 - 2029
8.3.1. Organic
8.3.2. Conventional
8.4. Market Attractiveness Analysis By Nature
9. Global Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029, by Form
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Form, 2014 - 2018
9.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Form, 2019 - 2029
9.3.1. Whole
9.3.2. Powder
9.3.3. Liquid
9.4. Market Attractiveness Analysis By Form
10. Global Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029, by End - Use
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By End - Use, 2014 - 2018
10.3. Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By End - Use, 2019 - 2029
10.3.1. Medicinal Tea
10.3.2. Health Supplements
10.3.3. Nutritive Jams
10.3.4. Herbal Medicines
10.3.5. Cosmeceuticals
10.3.6. Other Uses
10.4. Market Attractiveness Analysis By End - Use
11. Global Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029, by Region
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume (Tons) Analysis By Region, 2014 - 2018
11.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast By Region, 2019 - 2029
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. Middle East and Africa (MEA)
11.3.5. East Asia
11.3.6. South Asia
11.3.7. Oceania
11.4. Market Attractiveness Analysis By Region
12. North America Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
12.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
12.4.1. By Country
12.4.1.1. U.S.
12.4.1.2. Canada
12.4.2. By Type
12.4.3. By Nature
12.4.4. By Form
12.4.5. By End - Use
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Type
12.5.3. By Nature
12.5.4. By Form
12.5.5. By End - Use
12.6. Market Trends
13. Latin America Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
13.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
13.4.1. By Country
13.4.1.1. Brazil
13.4.1.2. Mexico
13.4.1.3. Rest of Latin America
13.4.2. By Type
13.4.3. By Nature
13.4.4. By Form
13.4.5. By End - Use
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Type
13.5.3. By Nature
13.5.4. By Form
13.5.5. By End - Use
13.6. Market Trends
14. Europe Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
14.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
14.4.1. By Country
14.4.1.1. Germany
14.4.1.2. Italy
14.4.1.3. France
14.4.1.4. U.K.
14.4.1.5. Spain
14.4.1.6. BENELUX
14.4.1.7. Russia
14.4.1.8. Rest of Europe
14.4.2. By Type
14.4.3. By Nature
14.4.4. By Form
14.4.5. By End - Use
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Type
14.5.3. By Nature
14.5.4. By Form
14.5.5. By End - Use
14.6. Market Trends
15. East Asia Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2013 - 2018
15.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
15.4.1. By Country
15.4.1.1. China
15.4.1.2. Japan
15.4.1.3. South Korea
15.4.2. By Type
15.4.3. By Nature
15.4.4. By Form
15.4.5. By End - Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Type
15.5.3. By Nature
15.5.4. By Form
15.5.5. By End - Use
15.6. Market Trends
16. South Asia Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
16.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
16.4.1. By Country
16.4.1.1. India
16.4.1.2. Thailand
16.4.1.3. Malaysia
16.4.1.4. Rest of South Asia
16.4.2. By Type
16.4.3. By Nature
16.4.4. By Form
16.4.5. By End - Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Type
16.5.3. By Nature
16.5.4. By Form
16.5.5. By End - Use
16.6. Market Trends
17. Oceania Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
17.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
17.4.1. By Country
17.4.1.1. Australia
17.4.1.2. New Zealand
17.4.2. By Type
17.4.3. By Nature
17.4.4. By Form
17.4.5. By End - Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Type
17.5.3. By Nature
17.5.4. By Form
17.5.5. By End - Use
17.6. Market Trends
18. Middle East and Africa Medicinal Herbs Market Analysis 2014-2018 and Forecast 2019-2029
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume (Tons) Trend Analysis By Market Taxonomy, 2014 - 2018
18.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Taxonomy, 2019 - 2029
18.4.1. By Country
18.4.2. GCC Countries
18.4.3. Turkey
18.4.4. Northern Africa
18.4.5. South Africa
18.4.6. Rest of Middle East and Africa
18.4.7. By Type
18.4.8. By Nature
18.4.9. By Form
18.4.10. By End - Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Type
18.5.3. By Nature
18.5.4. By Form
18.5.5. By End - Use
18.6. Market Trends
19. Market Structure Analysis
19.1. Global Medicinal Herbs Market Competition Canvas
19.2. Global Medicinal Herbs Market Competition - a Dashboard View
19.3. Global Medicinal Herbs Market Structure
19.4. Global Medicinal Herbs Market Company Share Analysis
20. Company Profiles
20.1. Zielpol
20.1.1. Company Overview
20.1.2. Company Offerings
20.1.3. Regional Presence
20.1.4. Company Strategies
20.1.5. Portfolio Assessment
20.2. Falcon Trading Company
20.2.1. Company Overview
20.2.2. Company Offerings
20.2.3. Regional Presence
20.2.4. Company Strategies
20.2.5. Portfolio Assessment
20.3. Gospodarstwo zielarskie produkcja i skup zió? a.dzyr
20.3.1. Company Overview
20.3.2. Company Offerings
20.3.3. Regional Presence
20.3.4. Company Strategies
20.3.5. Portfolio Assessment
20.4. Jahrom Green Kian.
20.4.1. Company Overview
20.4.2. Company Offerings
20.4.3. Regional Presence
20.4.4. Company Strategies
20.4.5. Portfolio Assessment
20.5. Elmar D.O.O.
20.5.1. Company Overview
20.5.2. Company Offerings
20.5.3. Regional Presence
20.5.4. Company Strategies
20.5.5. Portfolio Assessment
20.6. Piante Officinali San Marco.
20.6.1. Company Overview
20.6.2. Company Offerings
20.6.3. Regional Presence
20.6.4. Company Strategies
20.6.5. Portfolio Assessment
20.7. Shanxi Hongda Phytochemistry Co., Ltd.
20.7.1. Company Overview
20.7.2. Company Offerings
20.7.3. Regional Presence
20.7.4. Company Strategies
20.7.5. Portfolio Assessment
20.8. Wellgreen Technology Co., Ltd.
20.8.1. Company Overview
20.8.2. Company Offerings
20.8.3. Regional Presence
20.8.4. Company Strategies
20.8.5. Portfolio Assessment
20.9. Sunrise Nutrachem Group Co. Ltd.
20.9.1. Company Overview
20.9.2. Company Offerings
20.9.3. Regional Presence
20.9.4. Company Strategies
20.9.5. Portfolio Assessment
20.10. Herbs Zaporozhye
20.10.1. Company Overview
20.10.2. Company Offerings
20.10.3. Regional Presence
20.10.4. Company Strategies
20.10.5. Portfolio Assessment
20.11. Yogi Globals
20.11.1. Company Overview
20.11.2. Company Offerings
20.11.3. Regional Presence
20.11.4. Company Strategies
20.11.5. Portfolio Assessment
20.12. Mountain Rose Herbs
20.12.1. Company Overview
20.12.2. Company Offerings
20.12.3. Regional Presence
20.12.4. Company Strategies
20.12.5. Portfolio Assessment
20.13. Starwest Botanicals
20.13.1. Company Overview
20.13.2. Company Offerings
20.13.3. Regional Presence
20.13.4. Company Strategies
20.13.5. Portfolio Assessment
20.14. Penn Herb Company Ltd.
20.14.1. Company Overview
20.14.2. Company Offerings
20.14.3. Regional Presence
20.14.4. Company Strategies
20.14.5. Portfolio Assessment
20.15. Himalayan Bio Trade Pvt. Ltd.
20.15.1. Company Overview
20.15.2. Company Offerings
20.15.3. Regional Presence
20.15.4. Company Strategies
20.15.5. Portfolio Assessment
21. Appendix
22. Disclaimer & Contact Information
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Medicinal Herbs Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029