Botanicals And Acupuncture Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Botanicals are medicines that are derived from plants. Acupuncture is a form of substitute medicine and the main component of traditional Chinese medicine (TCM) in which thin needles are inserted into the body.
MARKET DYNAMICS
The rising popularity of herbal medicines and beneficial strategies adopted for the manufacturing of botanical drugs are the major factors propelling market growth. However, the huge costs and no insurance coverage for acupuncture treatment are hampering the market growth.
MARKET SCOPE
The "Botanicals & Acupuncture Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of botanicals & acupuncture market with detailed market segmentation by intervention, distribution method and region. The botanicals & acupuncture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in botanicals & acupuncture market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The botanicals & acupuncture market is segmented on the basis of intervention, distribution method. Depending on intervention, the market is classified into botanicals and acupuncture. By distribution method, the market is classified into direct sales, e-sales and distance correspondence.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Botanicals & Acupuncture market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Botanicals & Acupuncture market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Botanicals & Acupuncture market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Botanicals & Acupuncture market in these regions.
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Botanicals & Acupuncture market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Botanicals & Acupuncture market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Botanicals & Acupuncture market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Botanicals & Acupuncture market in these regions.
MARKET PLAYERS
The report covers key developments in the botanicals & acupuncture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from botanicals & acupuncture market are anticipated to have lucrative growth opportunities in the future with the rising demand for botanicals & acupuncture market in the global market. Below mentioned is the list of few companies engaged in the botanicals & acupuncture market.
The report also includes the profiles of key players in botanicals & acupuncture market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Modern Acupuncture
- Chiropuncture, Inc.
- ARC Acupuncture & Physical Therapy
- Ayush Ayurvedic Pte Ltd.
- Green Cross Corp
- NatureKue, Inc.
- Columbia Nutritional
- Herb Pharm
- Herbal Hills
- Pure Encapsulations, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Botanicals And Acupuncture Market - By Intervention
1.3.2 Botanicals And Acupuncture Market - By Distribution Method
1.3.3 Botanicals And Acupuncture Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BOTANICALS AND ACUPUNCTURE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BOTANICALS AND ACUPUNCTURE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BOTANICALS AND ACUPUNCTURE MARKET - GLOBAL MARKET ANALYSIS
6.1. BOTANICALS AND ACUPUNCTURE - GLOBAL MARKET OVERVIEW
6.2. BOTANICALS AND ACUPUNCTURE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BOTANICALS AND ACUPUNCTURE MARKET - REVENUE AND FORECASTS TO 2028 - INTERVENTION
7.1. OVERVIEW
7.2. INTERVENTION MARKET FORECASTS AND ANALYSIS
7.3. BOTANICALS
7.3.1. Overview
7.3.2. Botanicals Market Forecast and Analysis
7.3.3. Ayurveda Market
7.3.3.1. Overview
7.3.3.2. Ayurveda Market Forecast and Analysis
7.3.4. Naturopathy Market
7.3.4.1. Overview
7.3.4.2. Naturopathy Market Forecast and Analysis
7.3.5. Homeopathy Market
7.3.5.1. Overview
7.3.5.2. Homeopathy Market Forecast and Analysis
7.4. ACUPUNCTURE
7.4.1. Overview
7.4.2. Acupuncture Market Forecast and Analysis
8. BOTANICALS AND ACUPUNCTURE MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION METHOD
8.1. OVERVIEW
8.2. DISTRIBUTION METHOD MARKET FORECASTS AND ANALYSIS
8.3. DIRECT SALES
8.3.1. Overview
8.3.2. Direct Sales Market Forecast and Analysis
8.4. E SALES
8.4.1. Overview
8.4.2. E sales Market Forecast and Analysis
8.5. DISTANCE CORRESPONDENCE
8.5.1. Overview
8.5.2. Distance Correspondence Market Forecast and Analysis
9. BOTANICALS AND ACUPUNCTURE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Botanicals And Acupuncture Market Overview
9.1.2 North America Botanicals And Acupuncture Market Forecasts and Analysis
9.1.3 North America Botanicals And Acupuncture Market Forecasts and Analysis - By Intervention
9.1.4 North America Botanicals And Acupuncture Market Forecasts and Analysis - By Distribution Method
9.1.5 North America Botanicals And Acupuncture Market Forecasts and Analysis - By Countries
9.1.5.1 United States Botanicals And Acupuncture Market
9.1.5.1.1 United States Botanicals And Acupuncture Market by Intervention
9.1.5.1.2 United States Botanicals And Acupuncture Market by Distribution Method
9.1.5.2 Canada Botanicals And Acupuncture Market
9.1.5.2.1 Canada Botanicals And Acupuncture Market by Intervention
9.1.5.2.2 Canada Botanicals And Acupuncture Market by Distribution Method
9.1.5.3 Mexico Botanicals And Acupuncture Market
9.1.5.3.1 Mexico Botanicals And Acupuncture Market by Intervention
9.1.5.3.2 Mexico Botanicals And Acupuncture Market by Distribution Method
9.2. EUROPE
9.2.1 Europe Botanicals And Acupuncture Market Overview
9.2.2 Europe Botanicals And Acupuncture Market Forecasts and Analysis
9.2.3 Europe Botanicals And Acupuncture Market Forecasts and Analysis - By Intervention
9.2.4 Europe Botanicals And Acupuncture Market Forecasts and Analysis - By Distribution Method
9.2.5 Europe Botanicals And Acupuncture Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Botanicals And Acupuncture Market
9.2.5.1.1 Germany Botanicals And Acupuncture Market by Intervention
9.2.5.1.2 Germany Botanicals And Acupuncture Market by Distribution Method
9.2.5.2 France Botanicals And Acupuncture Market
9.2.5.2.1 France Botanicals And Acupuncture Market by Intervention
9.2.5.2.2 France Botanicals And Acupuncture Market by Distribution Method
9.2.5.3 Italy Botanicals And Acupuncture Market
9.2.5.3.1 Italy Botanicals And Acupuncture Market by Intervention
9.2.5.3.2 Italy Botanicals And Acupuncture Market by Distribution Method
9.2.5.4 Spain Botanicals And Acupuncture Market
9.2.5.4.1 Spain Botanicals And Acupuncture Market by Intervention
9.2.5.4.2 Spain Botanicals And Acupuncture Market by Distribution Method
9.2.5.5 United Kingdom Botanicals And Acupuncture Market
9.2.5.5.1 United Kingdom Botanicals And Acupuncture Market by Intervention
9.2.5.5.2 United Kingdom Botanicals And Acupuncture Market by Distribution Method
9.2.5.6 Rest of Europe Botanicals And Acupuncture Market
9.2.5.6.1 Rest of Europe Botanicals And Acupuncture Market by Intervention
9.2.5.6.2 Rest of Europe Botanicals And Acupuncture Market by Distribution Method
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Botanicals And Acupuncture Market Overview
9.3.2 Asia-Pacific Botanicals And Acupuncture Market Forecasts and Analysis
9.3.3 Asia-Pacific Botanicals And Acupuncture Market Forecasts and Analysis - By Intervention
9.3.4 Asia-Pacific Botanicals And Acupuncture Market Forecasts and Analysis - By Distribution Method
9.3.5 Asia-Pacific Botanicals And Acupuncture Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Botanicals And Acupuncture Market
9.3.5.1.1 Australia Botanicals And Acupuncture Market by Intervention
9.3.5.1.2 Australia Botanicals And Acupuncture Market by Distribution Method
9.3.5.2 China Botanicals And Acupuncture Market
9.3.5.2.1 China Botanicals And Acupuncture Market by Intervention
9.3.5.2.2 China Botanicals And Acupuncture Market by Distribution Method
9.3.5.3 India Botanicals And Acupuncture Market
9.3.5.3.1 India Botanicals And Acupuncture Market by Intervention
9.3.5.3.2 India Botanicals And Acupuncture Market by Distribution Method
9.3.5.4 Japan Botanicals And Acupuncture Market
9.3.5.4.1 Japan Botanicals And Acupuncture Market by Intervention
9.3.5.4.2 Japan Botanicals And Acupuncture Market by Distribution Method
9.3.5.5 South Korea Botanicals And Acupuncture Market
9.3.5.5.1 South Korea Botanicals And Acupuncture Market by Intervention
9.3.5.5.2 South Korea Botanicals And Acupuncture Market by Distribution Method
9.3.5.6 Rest of Asia-Pacific Botanicals And Acupuncture Market
9.3.5.6.1 Rest of Asia-Pacific Botanicals And Acupuncture Market by Intervention
9.3.5.6.2 Rest of Asia-Pacific Botanicals And Acupuncture Market by Distribution Method
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Botanicals And Acupuncture Market Overview
9.4.2 Middle East and Africa Botanicals And Acupuncture Market Forecasts and Analysis
9.4.3 Middle East and Africa Botanicals And Acupuncture Market Forecasts and Analysis - By Intervention
9.4.4 Middle East and Africa Botanicals And Acupuncture Market Forecasts and Analysis - By Distribution Method
9.4.5 Middle East and Africa Botanicals And Acupuncture Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Botanicals And Acupuncture Market
9.4.5.1.1 South Africa Botanicals And Acupuncture Market by Intervention
9.4.5.1.2 South Africa Botanicals And Acupuncture Market by Distribution Method
9.4.5.2 Saudi Arabia Botanicals And Acupuncture Market
9.4.5.2.1 Saudi Arabia Botanicals And Acupuncture Market by Intervention
9.4.5.2.2 Saudi Arabia Botanicals And Acupuncture Market by Distribution Method
9.4.5.3 U.A.E Botanicals And Acupuncture Market
9.4.5.3.1 U.A.E Botanicals And Acupuncture Market by Intervention
9.4.5.3.2 U.A.E Botanicals And Acupuncture Market by Distribution Method
9.4.5.4 Rest of Middle East and Africa Botanicals And Acupuncture Market
9.4.5.4.1 Rest of Middle East and Africa Botanicals And Acupuncture Market by Intervention
9.4.5.4.2 Rest of Middle East and Africa Botanicals And Acupuncture Market by Distribution Method
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Botanicals And Acupuncture Market Overview
9.5.2 South and Central America Botanicals And Acupuncture Market Forecasts and Analysis
9.5.3 South and Central America Botanicals And Acupuncture Market Forecasts and Analysis - By Intervention
9.5.4 South and Central America Botanicals And Acupuncture Market Forecasts and Analysis - By Distribution Method
9.5.5 South and Central America Botanicals And Acupuncture Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Botanicals And Acupuncture Market
9.5.5.1.1 Brazil Botanicals And Acupuncture Market by Intervention
9.5.5.1.2 Brazil Botanicals And Acupuncture Market by Distribution Method
9.5.5.2 Argentina Botanicals And Acupuncture Market
9.5.5.2.1 Argentina Botanicals And Acupuncture Market by Intervention
9.5.5.2.2 Argentina Botanicals And Acupuncture Market by Distribution Method
9.5.5.3 Rest of South and Central America Botanicals And Acupuncture Market
9.5.5.3.1 Rest of South and Central America Botanicals And Acupuncture Market by Intervention
9.5.5.3.2 Rest of South and Central America Botanicals And Acupuncture Market by Distribution Method
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL BOTANICALS AND ACUPUNCTURE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BOTANICALS AND ACUPUNCTURE MARKET, KEY COMPANY PROFILES
12.1. MODERN ACUPUNCTURE
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. CHIROPUNCTURE, INC.
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. ARC ACUPUNCTURE AND PHYSICAL THERAPY
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. AYUSH AYURVEDIC PTE LTD.
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. GREEN CROSS CORP
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. NATUREKUE, INC.
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
12.7. COLUMBIA NUTRITIONAL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. HERB PHARM
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. HERBAL HILLS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. PURE ENCAPSULATIONS, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Modern Acupuncture
2. Chiropuncture, Inc.
3. ARC Acupuncture & Physical Therapy
4. Ayush Ayurvedic Pte Ltd.
5. Green Cross Corp
6. NatureKue, Inc.
7. Columbia Nutritional
8. Herb Pharm
9. Herbal Hills
10. Pure Encapsulations, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For