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Middle East & Africa 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)
Market Report I 2023-12-04 I 77 Pages I The Insight Partners
The Middle East & Africa homeopathy market was valued at US$ 282.16 million in 2022 and is expected to reach US$ 717.38 million by 2030; it is estimated to grow at a CAGR of 12.4% from 2022 to 2030.
Rising Shift Towards Holistic Healthcare Approaches fuel the Middle East & Africa Homeopathy Market
With the rising awareness of homeopathy across the Middle East & Africa region, a number of governments are taking initiatives to include homeopathy as a legitimate complementary medicine. For instance, in the UAE, homeopathy is growing in acceptance. The UAE Ministry of Health recognizes and systematically controls the use of homeopathy. The Ministry has created exams that cover both medical science and homeopathy, and both medical physicians and lay practitioners must pass them in order to practice homeopathy. Also, in 2021, the country became one of the first in the world to incorporate homeopathy within its health insurance system. Further, homeopathy is accepted as a legitimate complementary medicine by the Iranian Ministry of Health. The reference organization for homeopathic standards is the Iranian Homoeopathic Association, which was established with the approval of the Interior Ministry and the Ministry of Health. Only physicians are permitted to practice homeopathy in Iran. Such initiatives are expected to offer growth opportunities to the market players during the coming years.
Middle East & Africa Homeopathy Market Overview
The Middle East & Africa homeopathy market is divided into the UAE, South Africa, and the Rest of Middle East & Africa. The UAE held a considerable share of the market in the Middle East & Africa. The market is driven by factors such as increasing prevalence of chronic diseases, supportive government initiatives, and research in the field of homeopathy.
Middle East & Africa Homeopathy Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Homeopathy Market Segmentation
The Middle East & Africa homeopathy market is segmented based on source, type, application, distribution channel, and country. Based on sources, the Middle East & Africa homeopathy market is segmented into plants, animals, and minerals. The plants segment held the largest market share in 2022.
Based on type, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa homeopathy market is segmented into the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa homeopathy market share in 2022.
Fourrts, Boiron, Biologische Heilmittel Heel GmbH, DHU-Arzneimittel GmbH & Co. KG, and Dr Reckeweg & Co GmbH are some of the leading players operating in the Middle East & Africa homeopathy market.
TABLE OF CONTENTS
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. Middle East & Africa 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 Rising Shift Towards Holistic Healthcare Approaches
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 - Middle East & Africa Market Analysis
5.1 Homeopathy Market Revenue (US$ Mn), 2022 - 2030
6. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Homeopathy Market - Revenue and Forecast to 2030 - Country Analysis
10.1 Middle East & Africa Homeopathy Market
10.1.1 Overview
10.1.2 Middle East & Africa: Homeopathy Market, by Country
10.1.2.1 UAE: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 UAE: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 UAE: Homeopathy Market, by Source, 2020-2030 (US$ Million)
10.1.2.1.4 UAE: Homeopathy Market, by Type, 2020-2030 (US$ Million)
10.1.2.1.5 UAE: Homeopathy Market, by Application, 2020-2030 (US$ Million)
10.1.2.1.6 UAE: Homeopathy Market, by Distribution Channel, 2020-2030 (US$ Million)
10.1.2.2 South Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 South Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 South Africa: Homeopathy Market, by Source, 2020-2030 (US$ Million)
10.1.2.2.4 South Africa: Homeopathy Market, by Type, 2020-2030 (US$ Million)
10.1.2.2.5 South Africa: Homeopathy Market, by Application, 2020-2030 (US$ Million)
10.1.2.2.6 South Africa: Homeopathy Market, by Distribution Channel, 2020-2030 (US$ Million)
10.1.2.3 Rest of Middle East & Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Rest of Middle East & Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 Rest of Middle East & Africa: Homeopathy Market, by Source, 2020-2030 (US$ Million)
10.1.2.3.4 Rest of Middle East & Africa: Homeopathy Market, by Type, 2020-2030 (US$ Million)
10.1.2.3.5 Rest of Middle East & Africa: Homeopathy Market, by Application, 2020-2030 (US$ Million)
10.1.2.3.6 Rest of Middle East & Africa: 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 Boiron
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 Biologische Heilmittel Heel GmbH
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 DHU-Arzneimittel GmbH & Co. KG
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 Dr Reckeweg & Co GmbH
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
13. Appendix
13.1 Appendix
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Homeopathy Market Segmentation
Table 2. UAE Homeopathy Market, by Source - Revenue and Forecast to 2030 (US$ Million)
Table 3. UAE Homeopathy Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 4. UAE Homeopathy Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 5. UAE Homeopathy Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 6. South Africa Homeopathy Market, by Source - Revenue and Forecast to 2030 (US$ Million)
Table 7. South Africa Homeopathy Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 8. South Africa Homeopathy Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 9. South Africa Homeopathy Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 10. Rest of Middle East & Africa Homeopathy Market, by Source - Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of Middle East & Africa Homeopathy Market, by Type - Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of Middle East & Africa Homeopathy Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of Middle East & Africa Homeopathy Market, by Distribution Channel - Revenue and Forecast to 2030 (US$ Million)
Table 14. Organic Developments Done by Companies
Table 15. Inorganic Developments Done by Companies
Table 16. Glossary of Terms
LIST OF FIGURES
Figure 1. Middle East & Africa Homeopathy Market Segmentation, By Country
Figure 2. Middle East & Africa Homeopathy Market: Key Industry Dynamics
Figure 3. Middle East & Africa Homeopathy Market: Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Homeopathy Market Revenue (US$ Mn), 2022 - 2030
Figure 5. Middle East & Africa 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. Middle East & Africa: Homeopathy Market, by Key Country - Revenue (2022) (US$ Million)
Figure 30. Middle East & Africa: Homeopathy Market, by Country, 2022 & 2030 (%)
Figure 31. UAE: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. South Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
Figure 33. Rest of Middle East & Africa: Homeopathy Market - Revenue and Forecast to 2030 (US$ Million)
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