Argentina Complementary And Alternative Medicine Market Size & Outlook
Argentina complementary and alternative medicine market, 2018-2030 (US$M)
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Argentina complementary and alternative medicine market highlights
- The Argentina complementary and alternative medicine market generated a revenue of USD 871.1 million in 2023 and is expected to reach USD 3,484.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 21.9% from 2024 to 2030.
- In terms of segment, traditional alternative medicine/botanicals was the largest revenue generating intervention in 2023.
- Mind Healing is the most lucrative intervention segment registering the fastest growth during the forecast period.
Complementary and alternative medicine market data book summary
| Market revenue in 2023 | USD 871.1 million |
| Market revenue in 2030 | USD 3,484.0 million |
| Growth rate | 21.9% (CAGR from 2023 to 2030) |
| Largest segment | Traditional alternative medicine/botanicals |
| Fastest growing segment | Mind Healing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Alternative Medicine/Botanicals, Mind Healing, Body Healing, External Energy, Sensory Healing |
| Key market players worldwide | Columbia Nutritional, Nordic Naturals, The Healing Co Inc, Nestle SA, Unity Woods Yoga Center, Herb Pharm |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global complementary and alternative medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil complementary and alternative medicine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 16,419.2 million by 2030.
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Complementary And Alternative Medicine Market Scope
Complementary And Alternative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina complementary and alternative medicine 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 complementary and alternative medicine market will help companies and investors design strategic landscapes.
Traditional alternative medicine/botanicals was the largest segment with a revenue share of 34.45% in 2023. Horizon Databook has segmented the Argentina complementary and alternative medicine market based on traditional alternative medicine/botanicals, mind healing, body healing, external energy, sensory healing covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is internationally considered as a center for alternative medicine in the Latin American region. Argentina annually attracts a number of international medical tourism packages for those seeking nonconventional treatments.
Primarily, Argentina is famous for its meditation centers and also offers tourists a variety of other therapies, such as acupuncture, hydrotherapy, and reflexology. Foundations such as the “Fundacion Salud de Ayurved Prema Argentina” are spreading the knowledge of Ayurveda in the country and also in the Latin American region.
This foundation runs two major medical colleges, which extensively support and teach alternative medicine courses in the region. Various collaborations from abroad helped Argentina teach, assist, & research in the field of alternative medicine.
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Our clientele includes a mix of complementary and alternative medicine 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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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina complementary and alternative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina complementary and alternative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina complementary and alternative medicine market size, by intervention, 2018-2030 (US$M)
Argentina Complementary And Alternative Medicine Market Outlook Share, 2023 & 2030 (US$M)
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