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.
This report studies the global market size of Homeopathic Products in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Homeopathic Products in these regions.
This research report categorizes the global Homeopathic Products market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.
In 2017, the global Homeopathic Products market size was 3110 million US$ and is forecast to 5110 million US in 2025, growing at a CAGR of 6.4% from 2018. The objectives of this study are to define, segment, and project the size of the Homeopathic Products market based on company, product type, application and key regions.
The various contributors involved in the value chain of Homeopathic Products include manufacturers, suppliers, distributors, intermediaries, and customers.
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The key manufacturers in the Homeopathic Products include
- Nelson & Co Ltd
- Hyland’s Homeopathic
- Sintex International
- Natural Health Supply
- Hahnemann Laboratories Inc
- HEEL INC
Market Size Split by Type
- Plant Homeopathic Products
- Animal Homeopathic Products
- Mineral Homeopathic Products
Market Size Split by Application
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Market size split by Region:
North America: United States, Canada, Mexico
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam
Europe: Germany, France, UK, Italy, Spain, Russia
Central & South America: Brazil, Rest of Central & South America
Middle East & Africa: GCC Countries, Turkey, Egypt, South Africa
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