There’s no denying that there’s a huge demand for herbal medicine products.
And while it’s difficult to predict exactly how much demand there will be, it seems that the demand is at least on the rise.
According to data released by the UN, the demand for the herbal medicine category is growing rapidly, with sales growing by nearly 10% over the last year.
The report, which analyzed market data from the International Organization for Standardization (ISO), showed that in 2014, herbal medicine sales were valued at $6.3 billion, up from $4.6 billion in 2013.
That increase was largely driven by the emergence of the brand-name herbal medicines category, which had a market value of $2.7 billion.
But the report found that there is also a growing demand for natural or organic herbal products.
The growing demand is especially driven by people in developing countries, where herbal medicines have traditionally been expensive, and who often lack access to modern, safe, and affordable medications.
According, a spokesperson for the UN’s International Narcotics Control Board, the global market for herbal medicines has been increasing by about 20% every year since 2007, with about $3.4 billion of that growth being driven by China, India, and South Africa.
The increase in demand from developing countries has been driven by a number of factors, including a rising number of opioid overdose deaths, increased accessibility of herbal medicines to patients in these countries, and the growth in prescription drug usage.