Market revenue in 2024 | USD 1,827.9 million |
Market revenue in 2030 | USD 6,579.6 million |
Growth rate | 23.9% (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 |
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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 84.49% in 2024. Horizon Databook has segmented the Spain botanicals & acupuncture market based on botanicals, acupuncture covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of complementary and alternative medicine is increasing in Spain. The Spanish General Medical Council supports use of homeopathic remedies, acupuncture-based therapies, and naturopathic medicine.
In addition, growing preference for complementary & alternative therapies including, acupuncture, and natural remedies has been witnessed in the country.
Moreover, presence of professional organizations in Spain, such as Spanish Medical Homeopathy Federation (FEMH), Spanish Medical Acupuncture Society (SAME), and Spanish Medical Naturist Association (AEMH), is expected to boost market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain botanicals & acupuncture market, including forecasts for subscribers. This country databook contains high-level insights into Spain botanicals & acupuncture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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