Market Overview:
The global homeopathic remedies market is expected to register a CAGR of 7.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing awareness about the benefits of homeopathy, rising demand for natural and organic products, and growing number of homeopaths. Based on type, the global homeopathic remedies market is segmented into dilutions & oral drops, creams & ointments, granules & globules, and others. Dilutions & oral drops are further sub-segmented into mother tinctures (MT), low potency (LP), high potency (HP), and ultra high potency (UHP). Creams & ointments are sub-segmented into liniments/balms/salves and unguents/ointments. Granules are sub-segmented into powders and pellets/tablets. Others include syrups/elixirs and suppositories. Based on application, the global homeopathic remedies market is segmented into inflammation, sprains & muscular aches,, depression,, respiratory problems,, skin problems,, urinary tract infections (UTIs),and others,. In terms of region,. North America dominates the global Homeopathic Remedies Market followed by Europe., Asia Pacific is projected to grow at a highest CAGR during forecast period due to increase in awareness about benefits associated with use if Homeopathy in this region.
Product Definition:
Homeopathic remedies are treatments that use very small doses of natural substances to relieve symptoms. Homeopathy is a form of alternative medicine that originated in Germany in the late 18th century. It is based on the theory that disease can be treated using minute doses of specially prepared substances that cause similar symptoms in healthy people.
Dilutions & Oral Drops:
Dilutions and oral drops are used in homeopathic medicines to increase the potency of the medicine. Dilution is a process in which a strong medication is made weaker by mixing it with an alcoholic solution or water, usually 1:1. The mixture is then given to patients so that they can consume it easily. It helps them get well quickly and naturally without any side effects unlike other medications which may have serious negative effects on their health if consumed regularly.
Creams & Ointments:
Creams & ointments are used in homeopathic remedies to treat skin infections, cuts & bruises, and swelling caused by injuries. It is also used for treating burns and wounds. The main ingredients present in these creams include lanolin, petrolatum (petroleum jelly), beeswax, glycerin, zinc oxide or salicylic acid among others which act as an adhesive to enable the absorption of medicines on the affected part.
Application Insights:
The others segment held the largest share of more than 40.0% in 2017. The application includes chronic pain, infections, digestive disorders, obesity and diabetes among others. The chronic pain segment is expected to witness the fastest growth rate over the forecast period owing to increasing awareness about alternative treatment options for chronic pain other than surgery or medication that can be adopted by patients such as yoga and massage therapies at home without having to travel outside their homes for these treatments.
The inflammation segment is also anticipated to witness significant growth over the forecast period due mainly to an increase in acute diseases across all age groups globally coupled with a rise in number of people visiting doctors¢â‚¬â„¢ offices for various types of inflammations on a regular basis which has resulted in boosting market demand over recent years.
Regional Analysis:
Europe dominated the global market in 2017. The presence of a large number of homeopathy practitioners and high adoption rate for natural products are some factors contributing to its largest share. Moreover, favorable reimbursement policies in countries like Germany and Switzerland are expected to boost the demand for homeopathic medicines over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing consumer awareness regarding alternative medicine coupled with rising disposable income levels in emerging economies like China and India. Furthermore, government initiatives promoting traditional medicines such as Ayurveda, Unani, Siddha & Homeopathy (ATS) that provide affordable treatment options will drive regional growth over next eight years.
Growth Factors:
- Increasing consumer awareness about the benefits of homeopathic remedies over conventional medicines.
- Rising demand for natural and organic products.
- Growing number of online retailers selling homeopathic remedies, which is making these products more easily accessible to consumers.
- increasing research and development activities by homeopathic remedy manufacturers to develop new and innovative products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Homeopathic Remedies Market Research Report
By Type
Dilutions & Oral Drops, Creams & Ointments, Granules & Globules, Others
By Application
Inflammation, Sprains & Muscular Aches, Depression, Others
By Companies
Ceres, Schmidt-Nagel, Omida, Spagyros, Weleda, Boiron, Wala Schweiz, Homoeopharm, Ebipharm, Serolab, Phytomed Burgdorf, Alpinamed
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Homeopathic Remedies Market Report Segments:
The global Homeopathic Remedies market is segmented on the basis of:
Types
Dilutions & Oral Drops, Creams & Ointments, Granules & Globules, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Inflammation, Sprains & Muscular Aches, Depression, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ceres
- Schmidt-Nagel
- Omida
- Spagyros
- Weleda
- Boiron
- Wala Schweiz
- Homoeopharm
- Ebipharm
- Serolab
- Phytomed Burgdorf
- Alpinamed
Highlights of The Homeopathic Remedies Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dilutions & Oral Drops
- Creams & Ointments
- Granules & Globules
- Others
- By Application:
- Inflammation
- Sprains & Muscular Aches
- Depression
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Homeopathic Remedies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Homeopathic remedies are a type of alternative medicine that uses tiny amounts of substances to treat illnesses. Homeopaths believe that these substances can help the body heal itself.
Some of the major players in the homeopathic remedies market are Ceres, Schmidt-Nagel, Omida, Spagyros, Weleda, Boiron, Wala Schweiz, Homoeopharm, Ebipharm, Serolab, Phytomed Burgdorf, Alpinamed.
The homeopathic remedies market is expected to register a CAGR of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homeopathic Remedies Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Homeopathic Remedies Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Homeopathic Remedies Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Homeopathic Remedies Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Homeopathic Remedies Market Size & Forecast, 2020-2028 4.5.1 Homeopathic Remedies Market Size and Y-o-Y Growth 4.5.2 Homeopathic Remedies Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dilutions & Oral Drops
5.2.2 Creams & Ointments
5.2.3 Granules & Globules
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Inflammation
6.2.2 Sprains & Muscular Aches
6.2.3 Depression
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homeopathic Remedies Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Homeopathic Remedies Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dilutions & Oral Drops
9.6.2 Creams & Ointments
9.6.3 Granules & Globules
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Inflammation
9.10.2 Sprains & Muscular Aches
9.10.3 Depression
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dilutions & Oral Drops
10.6.2 Creams & Ointments
10.6.3 Granules & Globules
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Inflammation
10.10.2 Sprains & Muscular Aches
10.10.3 Depression
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dilutions & Oral Drops
11.6.2 Creams & Ointments
11.6.3 Granules & Globules
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Inflammation
11.10.2 Sprains & Muscular Aches
11.10.3 Depression
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dilutions & Oral Drops
12.6.2 Creams & Ointments
12.6.3 Granules & Globules
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Inflammation
12.10.2 Sprains & Muscular Aches
12.10.3 Depression
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dilutions & Oral Drops
13.6.2 Creams & Ointments
13.6.3 Granules & Globules
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Inflammation
13.10.2 Sprains & Muscular Aches
13.10.3 Depression
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Homeopathic Remedies Market: Competitive Dashboard
14.2 Global Homeopathic Remedies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ceres
14.3.2 Schmidt-Nagel
14.3.3 Omida
14.3.4 Spagyros
14.3.5 Weleda
14.3.6 Boiron
14.3.7 Wala Schweiz
14.3.8 Homoeopharm
14.3.9 Ebipharm
14.3.10 Serolab
14.3.11 Phytomed Burgdorf
14.3.12 Alpinamed