Global Homeopathy Product Market 2017-2021

This industry research report identifies Boiron, Hyland’s, SBL, and Dr.Willmar Schwabe India as the key vendors in the global homeopathy product market. A comprehensive analysis of this market is also presented by treatment type (curative use and preventive care), by intake type (topical use and oral consumption), and by geography (the Americas, APAC, and EMEA).

Global homeopathy product market forecast

The availability of homeopathy products in various formulations such as tincture, tablets, dilutions, and biochemics has benefited major healthcare areas such as neurology, gastroenterology, immunology, bone- and joint-related diseases. Also, the homeopathy products in multiple formulations have expanded its usage in a wide range of treatment. For instance, homeopathy products are utilized for the treatment and prevention of many dermatological conditions such as acne, pimples, and scars. Similarly, homeopathy products can also be used to increase immunity and avoid common healthcare problems such as cold and flu and major diseases such as diabetes, cardiac dysfunction, and insomnia. Research analysis of the global homeopathy product market identifies this diverse application of homeopathy products as one of the major factors that will have a positive impact on the growth of the market. Based on the homeopathy product industry analysis, this market will grow at a CAGR of more than 14% by 2021.

Get A Free Sample 

In terms of geographic regions, EMEA will be the major revenue contributor to the homeopathy product market throughout the forecast period. The rising demand for alternative therapies like homeopathy treatments and the lack of side-effects from homeopathy products even after prolonged treatments will be the major factors driving the market’s growth in EMEA.

Competitive landscape and key vendors  

The homeopathy product market is quite competitive and comprises of numerous regional and international vendors. Only a limited number of major players are catering to the market according to their geographical reach, market penetration, targeted end-user segments, and product segments. The competitive environment in this market will intensify in the coming years with the growth of product/service extensions and innovations.

The leading vendors in the market are 

• Boiron
• Hyland’s
• SBL
• Dr.Willmar Schwabe India   

The other prominent vendors in the market are A Nelson & Co, Allen Homeopathy, Ainsworths, B. Jain Group, DHU Germany (Schwabe Pharmaceuticals Group), Hahnemann Laboratories, Helios Homeopathy, Mediral International, Natural Health Supply, and Rxhomeo.

Segmentation by treatment type and analysis of the homeopathy product market

• Curative use
• Preventive care

During 2016, the curative use segment accounted for the major shares of the homeopathy product market. Factors such as the use of homeopathy products for the treatment of various diseases and the rise in the number of insomnia cases will contribute to the growth of this industry segment in the coming years.

Segmentation by intake type and analysis of the homeopathy product market

• Topical use
• Oral consumption

Based on the homeopathy product market outlook, the oral consumption segment will account for the maximum shares of the homeopathy product market until 2021. The increasing availability of a more number of product formulations and the rising preference of orally consumed products for various medical conditions will drive the growth prospects of the market in this segment.

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.   

 Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global homeopathy product market?
• What are the key market trends impacting the growth of the global homeopathy product market?
• What are the challenges to market growth?
• Who are the key vendors in the global homeopathy product market?
• What are the market opportunities and threats faced by the vendors in the global homeopathy product market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global homeopathy product market?

Technavio also offers customization on reports based on specific client requirement.