Global Botanicals & Acupuncture Market Size & Outlook
Global botanicals & acupuncture market, 2016-2027 (US$M)
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Global botanicals & acupuncture market highlights
- The global botanicals & acupuncture market generated a revenue of USD 38,966.7 million in 2019 and is expected to reach USD 165,115.8 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 19.8% by 2027.
- In terms of segment, botanicals accounted for a revenue of USD 26,854.6 million in 2019.
- Acupuncture is the most lucrative intervention scope segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, Spain is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 38,966.7 million |
| Market revenue in 2027 | USD 165,115.8 million |
| Growth rate | 19.8% (CAGR from 2019 to 2027) |
| Largest segment | Botanicals |
| Fastest growing segment | Acupuncture |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Botanicals, Acupuncture |
Other key industry trends
- In terms of revenue, the North America accounted for 22.6% of the global botanicals & acupuncture market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Spain is the fastest growing regional market and is projected to reach USD 2,176.7 million by 2027.
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Botanicals & Acupuncture Market Scope
Botanicals & Acupuncture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global botanicals & acupuncture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to botanicals & acupuncture market will help companies and investors design strategic landscapes.
Botanicals was the largest segment with a revenue share of 68.92% in 2019. Horizon Databook has segmented the Global botanicals & acupuncture market based on botanicals, acupuncture covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Botanicals & Acupuncture Intervention Scope Outlook (Revenue, USD Million, 2016-2027)
- Botanicals
- Ayurveda
- Naturopathy
- Homeopathy
- Acupuncture
- Botanicals
- Global Botanicals & Acupuncture Distribution Method Scope Outlook (Revenue, USD Million, 2016-2027)
- Direct Sales
- E-Sales
- Distance Correspondence
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Target buyers of Global botanicals & acupuncture market databook
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Our clientele includes a mix of botanicals & acupuncture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global botanicals & acupuncture market, including forecasts for subscribers. This global databook contains high-level insights into Global botanicals & acupuncture market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global botanicals acupuncture market size, by regions, 2016-2027 (US$M)
Top 10 countries: Botanicals acupuncture market size, 2019 (US$M)
Global botanicals acupuncture market share, by intervention scope, 2019 & 2027 (%, US$M)
Botanicals & acupuncture market: Opportunity assessment by country
Global botanicals & acupuncture market, by region, 2019 (US$M)
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