France Complementary And Alternative Medicine Market Size & Outlook
France complementary and alternative medicine market, 2018-2030 (US$M)
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France complementary and alternative medicine market highlights
- The France complementary and alternative medicine market generated a revenue of USD 9,905.3 million in 2023 and is expected to reach USD 50,353.6 million by 2030.
- The France market is expected to grow at a CAGR of 26.1% 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 9,905.3 million |
| Market revenue in 2030 | USD 50,353.6 million |
| Growth rate | 26.1% (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, France accounted for 6.8% 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 Europe, Germany complementary and alternative medicine market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 49,842.6 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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France 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 34.56% in 2023. Horizon Databook has segmented the France 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.
The most used alternative medicines are herbal dietary supplements and ayurvedic medicine. A study by NCBI shows that mood changing, or relaxing supplements, are the most used alternative medicines, which account for more than 10% market share in Europe.
In addition, aromatherapy, known for improving antimicrobial resistance, is gaining popularity in France, Germany, and many other European countries. A study states that more than 60% of the French population uses homeopathy as a preferred alternative medication.
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Target buyers of France complementary and alternative medicine market databook
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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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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 France complementary and alternative medicine market , including forecasts for subscribers. This country databook contains high-level insights into France complementary and alternative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France complementary and alternative medicine market size, by intervention, 2018-2030 (US$M)
France Complementary And Alternative Medicine Market Outlook Share, 2023 & 2030 (US$M)
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