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Homeopathy Products Market by Product (Tincture, Dilutions, Biochemics, Ointments, Tablets, and Others), by Source (Plants, Animals, and Minerals), and by Application (Analgesic & Antipyretic, Respiratory, Neurology, Immunology, Gastroenterology, Dermatology, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Published Date: 26-Oct-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3470 Status : Published

Global homeopathy products market expected to generate revenue of around USD 15.98 billion by the end of 2024, growing at a CAGR of around 16.80% between 2018 and 2024. Homeopathy products market is divided based on application, product, and source. Based on the product, the market for homeopathy products is classified into dilutions, ointments, tincture, tablets, biochemics, and others.

Description

The report covers the forecast and analysis for the homeopathy products market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes the drivers and restraints for the homeopathy products market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the homeopathy products market on a global level.

In order to give the users of this report a comprehensive view of the homeopathy products market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Homeopathy Products Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions and mergers, new service type launch, agreements, partnerships, collaborations, and joint ventures, research and development, service type, and regional expansion of major participants involved in the market.

The study provides a decisive view on the homeopathy products market by segmenting it based on product, source, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further categorization into major countries including the U.S., UK, Germany, France, China, Japan, India, Brazil, etc. This segmentation includes the demand for homeopathy products market based on all the segments in all regions and countries.

The key players in the global homeopathy products market are Boiron Group, A Nelson & Co. Ltd., Standard Homeopathic Company, Homeocan Inc., Medital International Inc., Biologische Heilmilttel Heel GmbH, GMP Laboratories of America Inc., Washington Homeopathic Products, Inc., Hahnemann Laboratories, Inc., and Ainsworths Ltd.

This report segments the global homeopathy products market as follows:

Global Homeopathy Products Market: Product Segment Analysis

  • Tincture
  • Dilutions
  • Biochemics
  • Ointments
  • Tablets
  • Others

Global Homeopathy Products Market: Source Segment Analysis

  • Plants
  • Animals
  • Minerals

Global Homeopathy Products Market: Application Segment Analysis

  • Analgesic and antipyretic
  • Respiratory
  • Neurology
  • Immunology
  • Gastroenterology
  • Dermatology
  • Others

Global Homeopathy Products Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global homeopathy products market, 2015 - 2024 (USD Billion)
    • 2.2. Global homeopathy products market: Snapshot
  •  
  • Chapter 3. Homeopathy Products Market - Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global homeopathy products market drivers: Impact analysis
      • 3.2.2. Increasing demand for medicines from natural sources
      • 3.2.3. Increasing side effects of the allopathic medicines
      • 3.2.4. Rising awareness about the efficacy of homeopathy products
      • 3.2.5. The rise in prevalence of chronic diseases
    • 3.3. Market Restraints
      • 3.3.1. Global homeopathy products market restraints: Impact analysis
      • 3.3.2. Lack of standardization
      • 3.3.3. Lack of specific quality control techniques
    • 3.4. Opportunities
      • 3.4.1. Emerging markets
      • 3.4.2. Advertising of homeopathy products
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. The threat from new entrants
      • 3.5.4. The threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by product segment
      • 3.6.2. Market attractiveness analysis, by source segment
      • 3.6.3. Market attractiveness analysis, by application segment
      • 3.6.4. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Homeopathy Products Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global homeopathy products market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New material launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Homeopathy Products Market -Product Segment Analysis
    • 5.1. Global homeopathy products market: Product overview
      • 5.1.1. Global homeopathy products market revenue share, by product, 2017 and 2024
    • 5.2. Tincture
      • 5.2.1. Global homeopathy products market for tincture, 2015 - 2024 (USD Billion)
    • 5.3. Dilutions
      • 5.3.1. Global homeopathy products market for dilutions, 2015 - 2024 (USD Billion)
    • 5.4. Biochemics
      • 5.4.1. Global homeopathy products market for biochemics, 2015 - 2024 (USD Billion)
    • 5.5. Ointments
      • 5.5.1. Global homeopathy products market for ointments, 2015 - 2024 (USD Billion)
    • 5.6. Tablets
      • 5.6.1. Global homeopathy products market for tablets, 2015 - 2024 (USD Billion)
    • 5.7. Others
      • 5.7.1. Global homeopathy products market for others, 2015 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Homeopathy Products Market -Source Segment Analysis
    • 6.1. Global homeopathy products market: Type of molecule overview
      • 6.1.1. Global homeopathy products market revenue share, by source, 2017 and 2024
    • 6.2. Plants
      • 6.2.1. Global homeopathy products market for plants, 2015 - 2024 (USD Billion)
    • 6.3. Animals
      • 6.3.1. Global homeopathy products market for animals, 2015 - 2024 (USD Billion)
    • 6.4. Minerals
      • 6.4.1. Global homeopathy products market for minerals, 2015 - 2024 (USD Billion)
  •  
  • Chapter 7. Global Homeopathy Products Market - Application Segment Analysis
    • 7.1. Global homeopathy products market: Application overview
      • 7.1.1. Global homeopathy products market revenue share, by application, 2017 and 2024
    • 7.2. Analgesic & Antipyretic
      • 7.2.1. Global homeopathy products market for analgesic & antipyretic, 2015 - 2024 (USD Billion)
    • 7.3. Respiratory
      • 7.3.1. Global homeopathy products market for respiratory, 2015 - 2024 (USD Billion)
    • 7.4. Neurology
      • 7.4.1. Global homeopathy products market for neurology, 2015 - 2024 (USD Billion)
    • 7.5. Immunology
      • 7.5.1. Global homeopathy products market for immunology, 2015 - 2024 (USD Billion)
    • 7.6. Gastroenterology
      • 7.6.1. Global homeopathy products market for gastroenterology, 2015 - 2024 (USD Billion)
    • 7.7. Dermatology
      • 7.7.1. Global homeopathy products market for dermatology, 2015 - 2024 (USD Billion)
    • 7.8. Others
      • 7.8.1. Global homeopathy products market for others, 2015 - 2024 (USD Billion)
    •  
  •  
  • Chapter 8. Global Homeopathy Products Market - Regional Segment Analysis
    • 8.1. Global homeopathy products market: Regional overview
      • 8.1.1. Global homeopathy products market revenue share, by region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North America homeopathy products market, 2015 - 2024 (USD Billion)
      • 8.2.2. North America homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
      • 8.2.3. North America homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
      • 8.2.4. North America homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.2.5.2. The U.S. homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.2.5.3. The U.S. homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.2.6. Canada
        • 8.2.6.1. Canada homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.2.6.2. Canada homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.2.6.3. Canada homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe homeopathy products market, 2015 - 2024 (USD Billion)
      • 8.3.2. Europe homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
      • 8.3.3. Europe homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
      • 8.3.4. Europe homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.3.5.2. UK homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.3.5.3. UK homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.3.6. Germany
        • 8.3.6.1. Germany homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.3.6.2. Germany homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.3.6.3. Germany homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.3.7. France
        • 8.3.7.1. France homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.3.7.2. France homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.3.7.3. France homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.3.8.2. Rest of Europe homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.3.8.3. Rest of Europe homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific homeopathy products market, 2015 - 2024 (USD Billion)
      • 8.4.2. Asia Pacific homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
      • 8.4.3. Asia Pacific homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
      • 8.4.4. Asia Pacific homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.4.5.2. China homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.4.5.3. China homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.4.6.2. Japan homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.4.6.3. Japan homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.4.7.2. India homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.4.7.3. India homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.4.8.2. Rest of Asia Pacific homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.4.8.3. Rest of Asia Pacific homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America homeopathy products market, 2015 - 2024 (USD Billion)
      • 8.5.2. Latin America homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
      • 8.5.3. Latin America homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
      • 8.5.4. Latin America homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.5.5.2. Brazil homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.5.5.3. Brazil homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
        • 8.5.6.2. Rest of Latin America homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
        • 8.5.6.3. Rest of Latin America homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa homeopathy products market, 2015 - 2024 (USD Billion)
      • 8.6.2. The Middle East and Africa homeopathy products market revenue, by product, 2015 - 2024 (USD Billion)
      • 8.6.3. The Middle East and Africa homeopathy products market revenue, by source, 2015 - 2024 (USD Billion)
      • 8.6.4. The Middle East and Africa homeopathy products market revenue, by application, 2015 - 2024 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. Boiron Group
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. A Nelson & Co. Ltd.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Standard Homeopathic Company
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Homeocan Inc.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Medital International Inc.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. Biologische Heilmilttel Heel GmbH
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Washington Homeopathic Products, Inc.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. GMP Laboratories of America Inc.
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. Hahnemann Laboratories, Inc.
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. Ainsworths Ltd.
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments 

Methodology

Free Analysis

Homeopathy is an alternative medicine practice that uses a diluted amount of certain natural substances or products for treating various diseases. It was developed by a respected German doctor named Samuel Hahnemann, in the late 17th century. The growing incidences of chronic diseases, an increase in the side effects of allopathic medicine, and the growing awareness about homeopathy as an alternative medicine form is fueling the growth of homeopathy products market globally.

In America, according to the National Health Council (NHC), approximately 45% of the total American population suffers from some or the type of chronic diseases. There is a rapid increase in the use of homeopathy products to treat chronic diseases. The increase in the prevalence of chronic diseases is anticipated to fuel the expansion of homeopathy products market. The increasing side effects of allopathic medicines, rising acceptance of alternative medications, and growing demand for convenient medication dosages are some factors fueling the growth of homeopathy products market globally. The increasing expenditure on healthcare, growing disposable income in developing countries, such as China and India, and a rising preference for low-cost medication alternatives are also driving the global market for homeopathy products. 

Global Homeopathy Products Market

The homeopathy products market is divided on the basis of application, product, and source. Based on the product, the market for homeopathy products is classified into dilutions, ointments, tincture, tablets, biochemics, and others. The ointment segment is expected to show the highest CAGR in the forecast period. The source segment of the homeopathy market includes minerals, animals, and plants. The minerals segment is anticipated to show rapid growth in the upcoming years. On the basis of application, the homeopathy products market is categorized into neurology, analgesic and antipyretic, immunology, respiratory, dermatology, gastroenterology, and others.

Europe is anticipated to lead the homeopathy products market in the forecast timeframe. The rising occurrences of chronic diseases, well-developed homeopathy technology, and products, and growing support by government for homeopathy products are fueling this market’s growth in the European region. Increase in the demand for better treatment procedures, rapid technological developments, and increasing awareness about low-cost medicines are some factors driving the growth of the homeopathy products market in the Asia Pacific region. The increase in the side effects of allopathic medicines is also driving the population toward homeopathy medicines, which is contributing to this market’s growth.

The major players in the homeopathy products market are Boiron Group, Homeocan Inc., Standard Homeopathic Company, Hahnemann Laboratories, Inc., Nelson & Co. Ltd., Biologische Heilmittel Heel GmbH, Medital International Inc., GMP Laboratories of America Inc., Washington Homeopathic Products, Inc., and Ainsworths Ltd. The major companies focus on launching their products in different countries to expand their presence worldwide. For Instance, in 2018, Boiron launched its pre-medicated homeopathy products in India for the first time.

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