In 2019, the market size of traditional Chinese medicine (TCM) formula granules grew to over 50 billion yuan in China. TCM formula granules, also known as free-decoction granules or scientific Chinese medicine, are granules made of Chinese herbal pieces and refined through modern industrial extraction, infusion, concentration, drying, and granulation processes.
Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020
(in billion yuan)
Characteristic
Market size in billion yuan
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Forward Intelligence (Qianzhan). (March 31, 2021). Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020 (in billion yuan) [Graph]. In Statista. Retrieved July 28, 2024, from https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/
Forward Intelligence (Qianzhan). "Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020 (in billion yuan)." Chart. March 31, 2021. Statista. Accessed July 28, 2024. https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/
Forward Intelligence (Qianzhan). (2021). Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020 (in billion yuan). Statista. Statista Inc.. Accessed: July 28, 2024. https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/
Forward Intelligence (Qianzhan). "Market Size of Traditional Chinese Medicine Formula Granules in China from 2015 to 2019, with An Estimate for 2020 (in Billion Yuan)." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/
Forward Intelligence (Qianzhan), Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020 (in billion yuan) Statista, https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/ (last visited July 28, 2024)
Market size of traditional Chinese medicine formula granules in China from 2015 to 2019, with an estimate for 2020 (in billion yuan) [Graph], Forward Intelligence (Qianzhan), March 31, 2021. [Online]. Available: https://www.statista.com/statistics/1243763/china-traditional-chinese-medicine-formula-granule-market-size/