Market revenue in 2024 | USD 5,339.3 million |
Market revenue in 2030 | USD 17,793.2 million |
Growth rate | 22.4% (CAGR from 2025 to 2030) |
Largest segment | Botanicals |
Fastest growing segment | Botanicals |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Botanicals, Acupuncture |
Key market players worldwide | Moderna Inc, Green Cross Health Ltd, Herb Pharm, Nestle SA, Nordic Naturals, LKK Health Products Group, ARC Physical Therapy+, Columbia Nutritional, Herbal Hills, Helio USA |
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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 92.29% in 2024. Horizon Databook has segmented the Middle East & Africa botanicals & acupuncture market based on botanicals, acupuncture covering the revenue growth of each sub-segment from 2018 to 2030.
Acceptance of the concept of traditional medicine is growing in the Middle East and African countries, wherein more than 70% of African residents are inclined toward consuming traditional herbal supplements.
This is further augmented by high penetration of botanicals as well as acupuncture therapies in beauty & wellness applications. Contrastingly, low disposable income in African countries has driven the integration of herbal medicines and plant extracts in the national healthcare system.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa botanicals & acupuncture market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa botanicals & acupuncture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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