Asia Pacific Homeopathy Market Forecast to 2030 - Regional Analysis - by Source (Plants, Animals, and Minerals), Type (Dilutions, Tinctures, Biochemics, Ointments, Tablets, and Others), Application (Analgesic and Antipyretic, Respiratory, Neurology, Immunology, Gastroenterology, Dermatology, and Others), and Distribution Channel (Homeopathic Clinics, Retail Pharmacies, E-Retailers, and Others)
The Asia Pacific homeopathy market was valued at US$ 1,416.80 million in 2022 and is expected to reach US$ 4,443.39 million by 2030; it is estimated to grow at a CAGR of 15.4% from 2022 to 2030.
Safety Associated with Homeopathic Products fuel the Asia Pacific Homeopathy Market
Homeopathic medicines are widely considered safe as they are prescribed after special preparation processes. These involve the repeated steps of dilution and succussion of shaking at each dilution. Common potencies used are “30C,” diluted 1:100 30-times, and “200C,” diluted 1:100 20,000-times. Thus, such highly diluted medicines are prescribed by skilled professionals, which are deemed safe and are not likely to cause severe side effects. On December 6, 2022, FDA issued a final guidance, Homeopathic Drug Products, that describes the agency’s approach to prioritizing regulatory actions for homeopathic products posing the greatest risk to patients. The FDA is prioritizing specific categories of drugs, such as those intended for populations at greater risk for adverse reactions.
Asia Pacific Homeopathy Market Overview
The homeopathy market in Asia Pacific is segmented into Japan, India, Australia, Malaysia, New Zealand, and the Rest of Asia Pacific. Rising demand for alternative medicine is driving the growth of the market. The increasing prevalence of lifestyle diseases such as heart disease, stroke, obesity, and type 2 diabetes are further boosting the market growth in the region.
Asia Pacific Homeopathy Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Homeopathy Market Segmentation
The Asia Pacific homeopathy market is segmented based on source, type, application, distribution channel, and country. Based on sources, the Asia Pacific homeopathy market is segmented into plants, animals, and minerals. The plants segment held the largest market share in 2022.
Based on type, the Asia Pacific homeopathy market is segmented into dilutions, tinctures, biochemics, ointments, tablets, and others. The dilutions segment held the largest market share in 2022.
Based on application, the Asia Pacific homeopathy market is segmented into analgesic and antipyretic, respiratory, neurology, immunology, gastroenterology, dermatology, and others. The immunology segment held the largest market share in 2022.
Based on distribution channel, the Asia Pacific homeopathy market is segmented into homeopathic clinics, retail pharmacies, e-retailers, and others. The homeopathic clinics segment held the largest market share in 2022.
Based on country, the Asia Pacific homeopathy market is segmented into Australia, Malaysia, India, Japan, New Zealand, and the Rest of Asia Pacific. India dominated the Asia Pacific homeopathy market share in 2022.
Fourrts; Boiron; Biologische Heilmittel Heel GmbH; DHU-Arzneimittel GmbH & Co. KG; Allen Healthcare Co., Ltd; and Dr Reckeweg & Co GmbH are some of the leading players operating in the Asia Pacific homeopathy market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Homeopathy Market - Key Industry Dynamics
4.1 Market Drivers
4.1.1 Safety Associated with Homeopathic Products
4.1.2 Rise in Adoption of Homeopathic Medicine
4.2 Market Restraints
4.2.1 Stringent Approach by Regulatory Authorities and Shortage of Homeopathic Facilities & Doctors
4.3 Market Opportunities
4.3.1 Healthcare Expenditure and Reimbursement
4.4 Future Trends
4.4.1 Increasing Demand for Plant-Based Supplements and Launch of Innovative Homeopathic Remedies
4.5 Impact Analysis
5. Homeopathy Market - Asia Pacific Market Analysis
5.1 Homeopathy Market Revenue (US$ Mn), 2022 – 2030
6. Asia Pacific Homeopathy Market – Revenue and Forecast to 2030 – by Source
6.1 Overview
6.2 Homeopathy Market Revenue Share, by Source 2022 & 2030 (%)
6.3 Plants
6.3.1 Overview
6.3.2 Plants: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Animals
6.4.1 Overview
6.4.2 Animals: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
6.5 Minerals
6.5.1 Overview
6.5.2 Minerals: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7. Asia Pacific Homeopathy Market – Revenue and Forecast to 2030 – by Type
7.1 Overview
7.2 Homeopathy Market Revenue Share, by Type 2022 & 2030 (%)
7.3 Dilutions
7.3.1 Overview
7.3.2 Dilutions: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Tinctures
7.4.1 Overview
7.4.2 Tinctures: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Biochemics
7.5.1 Overview
7.5.2 Biochemics: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Ointments
7.6.1 Overview
7.6.2 Ointments: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7.7 Tablets
7.7.1 Overview
7.7.2 Tablets: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Homeopathy Market – Revenue and Forecast to 2030 – by Application.
8.1 Overview
8.2 Homeopathy Market Revenue Share, by Application 2022 & 2030 (%)
8.3 Analgesic and Antipyretic
8.3.1 Overview
8.3.2 Analgesic and Antipyretic: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Respiratory
8.4.1 Overview
8.4.2 Respiratory: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Neurology
8.5.1 Overview
8.5.2 Neurology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Immunology
8.6.1 Overview
8.6.2 Immunology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Gastroenterology
8.7.1 Overview
8.7.2 Gastroenterology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.8 Dermatology
8.8.1 Overview
8.8.2 Dermatology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Homeopathy Market – Revenue and Forecast to 2030 – by Distribution Channel
9.1 Overview
9.2 Homeopathy Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
9.3 Homeopathic Clinics
9.3.1 Overview
9.3.2 Homeopathic Clinics: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Retail Pharmacies
9.4.1 Overview
9.4.2 Retail Pharmacies: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
9.5 e-Retailers
9.5.1 Overview
9.5.2 e-Retailers: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Homeopathy Market – Revenue and Forecast to 2030 – Country Analysis
10.1 Asia Pacific: Homeopathy Market
10.1.1 Overview
10.1.2 Asia Pacific: Homeopathy Market, by Country
10.1.2.1 Australia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Australia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 Australia: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.1.4 Australia: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.1.5 Australia: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.1.6 Australia: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
10.1.2.2 Malaysia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Malaysia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 Malaysia: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.2.4 Malaysia: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.2.5 Malaysia: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.2.6 Malaysia: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
10.1.2.3 India: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 India: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 India: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.3.4 India: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.3.5 India: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.3.6 India: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
10.1.2.4 Japan: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 Japan: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.3 Japan: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.4.4 Japan: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.4.5 Australia: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.4.6 Australia: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
10.1.2.5 New Zealand: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 New Zealand: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.3 New Zealand: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.5.4 New Zealand: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.5.5 New Zealand: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.5.6 New Zealand: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
10.1.2.6 Rest of Asia Pacific: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of Asia Pacific: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.3 Rest of Asia Pacific: Homeopathy Market, By Source, 2020–2030 (US$ Million)
10.1.2.6.4 Rest of Asia Pacific: Homeopathy Market, By Type, 2020–2030 (US$ Million)
10.1.2.6.5 Rest of Asia Pacific: Homeopathy Market, By Application, 2020–2030 (US$ Million)
10.1.2.6.6 Rest of Asia Pacific: Homeopathy Market, By Distribution Channel, 2020–2030 (US$ Million)
11. Homeopathy Market–Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 Fourrts
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Allen Healthcare Co. Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Boiron
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Biologische Heilmittel Heel GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 DHU-Arzneimittel GmbH & Co. KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Dr Reckeweg & Co GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 Appendix
13.2 Appendix
13.3 Appendix
13.4 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Homeopathy Market Segmentation
Table 2. Australia: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 3. Australia: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 4. Australia: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. Australia: Homeopathy Market, By Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 6. Malaysia: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 7. Malaysia: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 8. Malaysia: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 9. Malaysia: Homeopathy Market, By Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 10. India: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 11. India: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 12. India: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 13. India: Homeopathy Market, By Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 14. Japan: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 15. Japan: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 16. Australia: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 17. Australia: Homeopathy Market, By Distribution – Revenue and Forecast to 2030 (US$ Million)
Table 18. New Zealand: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 19. New Zealand: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 20. New Zealand: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 21. New Zealand: Homeopathy Market, By Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 22. Rest of Asia Pacific: Homeopathy Market, By Source – Revenue and Forecast to 2030 (US$ Million)
Table 23. Rest of Asia Pacific: Homeopathy Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 24. Rest of Asia Pacific: Homeopathy Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 25. Rest of Asia Pacific: Homeopathy Market, By Distribution Channel – Revenue and Forecast to 2030 (US$ Million)
Table 26. Organic Developments Done by Companies
Table 27. Inorganic Developments Done by Companies
Table 28. Glossary of Terms
LIST OF FIGURES
Figure 1. Asia Pacific Homeopathy Market Segmentation, By Country
Figure 2. Asia Pacific Homeopathy Market: Key Industry Dynamics
Figure 3. Asia Pacific Homeopathy Market: Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Homeopathy Market Revenue (US$ Mn), 2022 – 2030
Figure 5. Asia Pacific Homeopathy Market Revenue Share, by Source 2022 & 2030 (%)
Figure 6. Plants: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Animals: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Minerals: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Homeopathy Market Revenue Share, by Type 2022 & 2030 (%)
Figure 10. Dilutions: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Tinctures: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Biochemics: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Ointments: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Tablets: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Homeopathy Market Revenue Share, by Application 2022 & 2030 (%)
Figure 17. Analgesic and Antipyretic: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Respiratory: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Neurology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Immunology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Gastroenterology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Dermatology: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Homeopathy Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
Figure 25. Homeopathic Clinics: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Retail Pharmacies: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. e-Retailers: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Others: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. Asia Pacific: Homeopathy Market, by Key Country – Revenue (2022) (US$ Million)
Figure 30. Asia Pacific: Homeopathy Market, by Country, 2022 & 2030 (%)
Figure 31. Australia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 32. Malaysia: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 33. India: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 34. Japan: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 35. New Zealand: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 36. Rest of Asia Pacific: Homeopathy Market – Revenue and Forecast to 2030 (US$ Million)
- Biologische Heilmittel Heel GmbH
- Boiron
- DHU-Arzneimittel GmbH & Co. KG
- Dr Reckeweg & Co GmbH
- Fourrts
- Allen Healthcare Co. Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific homeopathy market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific homeopathy market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific homeopathy market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution