Chinese Medicinal Herb Growing in China - IBISWorld Industry Market Research

Chinese Medicinal Herb Growing in China

Chinese Medicinal Herb Growing in China - IBISWorld Industry Market Research
Chinese Medicinal Herb Growing in China
Published Mar 04, 2015
37 pages — Published Mar 04, 2015
Price US$ 660.00  |  Buy this Report Now

About This Report


China is one of the largest growing and consuming countries of ginseng and pseudo-ginseng in the world. Rising prices and the growing popularity of traditional Chinese medicine (TCM) have driven increased supply and demand for industry products in recent years.

The Chinese Medicinal Herb Growing industry in China generated about $16.7 billion in 2014, with annualized growth of 15.7% over the past five years. Over the period, the National Health and Family Planning Commission of the People's Republic of China was established to assist industry development by developing industry standards and optimizing the allocation of resources.

The Chinese Medicinal Herb Growing industry in China grows medicinal plants and herbs such as ginseng and pseudo-ginseng used for traditional Chinese medicine preparations and Chinese patent drug manufacturing. Plants used for insecticide and sterilization are excluded from this industry.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Chinese Medicinal Herb Growing in China" Mar 04, 2015. Alacra Store. Jun 21, 2018. <>
IBISWorld Industry Market Research. (2015). Chinese Medicinal Herb Growing in China Mar 04, 2015. New York, NY: Alacra Store. Retrieved Jun 21, 2018 from <>
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