South Africa Botanicals & Acupuncture Market Size & Outlook
South Africa botanicals & acupuncture market, 2018-2030 (US$M)
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South Africa botanicals & acupuncture market highlights
- The South Africa botanicals & acupuncture market generated a revenue of USD 1,162.3 million in 2024 and is expected to reach USD 3,929.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 22.7% from 2025 to 2030.
- In terms of segment, botanicals was the largest revenue generating intervention in 2024.
- Acupuncture is the most lucrative intervention segment registering the fastest growth during the forecast period.
Botanicals & acupuncture market data book summary
| Market revenue in 2024 | USD 1,162.3 million |
| Market revenue in 2030 | USD 3,929.0 million |
| Growth rate | 22.7% (CAGR from 2025 to 2030) |
| Largest segment | Botanicals |
| Fastest growing segment | Acupuncture |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.8% of the global botanicals & acupuncture market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia botanicals & acupuncture market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,469.7 million by 2030.
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Botanicals & Acupuncture Market Scope
Botanicals & Acupuncture Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 83.48% in 2024. Horizon Databook has segmented the South Africa botanicals & acupuncture market based on botanicals, acupuncture covering the revenue growth of each sub-segment from 2018 to 2030.
Furthermore, favorable government regulations for use of these medicines is projected to boost market growth. The authorities regulating the South African market for complementary medicine are Health Products Association of Southern Africa and Medical Control Council and Department of Health.
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Target buyers of South Africa 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 country-level data and insights on the South Africa botanicals & acupuncture market, including forecasts for subscribers. This country databook contains high-level insights into South Africa botanicals & acupuncture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa botanicals acupuncture market size, by intervention, 2018-2030 (US$M)
South Africa Botanicals & Acupuncture Market Share, 2024 & 2030 (US$M)
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