Homeopathy is a medical practice and philosophy based on the principle that human body has the capacity to heal itself. Established in Germany in the late 1700s, homeopathy has been extensively practiced all over Europe. Homeopathy considers symptoms of illness as usual responses of the body as it tries to regain health. Homeopathy is based on the principle that "like cures like." According to this principle, if a substance produces a symptom in a healthy person, giving a very small amount of the same substance to that person may cure the illness. Homeopathic medicines contain extremely dilute amounts of natural substances that are used to treat a variety of ailments. Homeopathic medicines are manufactured by a process of serial dilution and succession (vigorous shaking).
Currently, The companies in the world that produce homeopathic products mainly concentrate in Europe, USA and India. The main market players are DHU, Nelson & Co Ltd, Hyland's, Homeopathic, SBL, Apotheca etc. The production of homeopathic products increased from 413.86 K Pcs in 2011 to 569.96 K Pcs in 2016, with an average growth rate of 7.54%.
At present, homeopathic products in Europe is the fastest, the EU as early as 1982 by the homeopathic health care law promotion agreement, so Europe homeopathic products is the world's most flourishing area, homeopathic treatment sales in Europe accounted for 24.84, North America area is about 16.05% of market share. Mainly in the United States. Other countries are actively promoting homeopathy are Israel, Australia, South Africa etc.
According to this study, over the next five years the Homeopathic Products market will register a 6.3% CAGR in terms of revenue, the global market size will reach USD 4490 million by 2024, from USD 3110 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Homeopathic Products business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Homeopathic Products market by product type, application, key manufacturers and key regions and countries.
This study considers the Homeopathic Products value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Plant Homeopathic Products
Animal Homeopathic Products
Mineral Homeopathic Products
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Men
Women
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DHU
Nelson & Co Ltd
Hyland's Homeopathic
SBL
Apotheca
Pekana
Sintex International
Natural Health Supply
Bhargava
Hahnemann Laboratories Inc
JNSon
HEEL INC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Homeopathic Products consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Homeopathic Products market by identifying its various subsegments.
Focuses on the key global Homeopathic Products manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Homeopathic Products with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Homeopathic Products submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
