Africa Pharmaceutical Market Sees Growth in Herbal and Traditional...

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2025-07-11 08:11:49 -

Africa Pharmaceutical Market Sees Growth in Herbal and Traditional Medicines

The Africa pharmaceutical market was valued at USD 26.85 billion in 2023 and is projected to advance at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2030. Growth drivers include rising health‑consciousness, a climbing burden of chronic illnesses, and efforts to keep medicines affordable. The South African government, for example, anticipates higher pharmaceutical sales as...

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