The global homeopathic products market has gained sudden popularity as the global population seeks alternative therapies to strengthen the immune system amidst a raging pandemic. The homeopathic products market includes medicines, ointments, and tinctures that are grouped as complementary and alternative medicine (CAM). Known to have fewer side effects, these products are in the limelight as consumers opt for a holistic treatment for clinical conditions.
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Fairfield Market Research also observes that the market for homeopathic products has shifted from its place of origin in Europe to Asian countries. According to Germany Trade & Invest (GATI) report, homeopathic and anthroposophic medicines are collectively growing at a significant rate of 13%, above that of conventional medicines in Germany.
Affordability Drives Patients to Seek Homeopathic Products
Research indicates that the global homeopathic products market is expected to soar as it is highly affordable as compared to conventional medicines and therapies. With no side effects, a growing number of patients are shifting their attention to homeopathy products for better blood sugar control, improved blood pressure, skin remedies, and more. The significant cost reduction in treating respiratory, allergic, and asthmatic conditions with homeopathy products has been identified as the key driver for the global market.
Complete Therapy and Holistic Approach Makes a Strong Case for Global Homeopathic Products Market
The global homeopathic products market is steadily gaining ground as the growing number of end users realise the long-term benefit of its complete system of medicine. The promise to reduce the disease progression while treating the patient for its susceptibility have made a strong case for the market. Homeopathy practitioners assess potential stressors, infectious agents, environmental influences, emotional temperament, genetics, and family history that might be causing a susceptibility pattern to eliminate the cause of illness. Meticulously individualised prescriptions are deduced to treat the disease, condition, or illness, which is known to bring about a relief, cure, and prevention from a possible relapse in the future.
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Customisation of Therapy Wins Global Homeopathic Products Market Many Accolades
In recent times, the global homeopathic products market has gained prominence as it is investing in research and development of highly customised therapy and medicines for patients. Fairfield Market Research says that path-breaking gene-targeted homeopathic treatment is set to change the game for the market. Precision-driven and highly scientific in approach is being designed to treat conditions such as acne, hair loss, psoriasis, respiratory allergies, and others. For instance, in 2018, Dr Batra's presented ‘Dr Batra's Geno Homeopathy’, putting India on the international platform. This is a genetically personalized homeopathic treatment that is based on genome sequencing used for identifying exact illness, its extent, and the changes required to remedy it.
Asia Pacific to Overtake Europe as Homeopathy Products Gain Government Backing
The outbreak of the COVID-19 pandemic has givien the global homeopathic products market a new momentum. As a preventive measure, the Government of India’s Ministry of AYUSH, Central Council for Research in Homeopathy (CCRH) announced that boosting immunity is crucial to fighting the coronavirus. For the same, it suggested Arsenicum album30, a prophylactic medicine to keep coronavirus at bay. This has given the Asia Pacific homeopathic products market a massive impetus.
Asia Pacific is also anticipated to be the fastest-growing market for homeopathic products as healthcare expenses are higher. Greater affordability of seeking a holistic treatment through homeopathy is expected to drive this market in the developing economies of Asia Pacific.
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Global Homeopathic Products Market: Key Players
Key players studied by Fairfield Market Research are Boiron Group, A Nelson & Co. Ltd., Biologische Heilmittel Heel GmbH, Standard Homeopathic Company (Hyland's, Inc.), GMP Laboratories of America Inc., Washington HomeopathicProducts Inc., Hahnemann Laboratories Inc., Homeocan Inc., Mediral International Inc., Dr. Reckeweg & Co. GmbH, Ainsworths Ltd., PEKANA, SBL Pvt. Ltd., and Weleda.
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Fairfield Market Research’s upcoming report states that the global CBD hemp products market is at an important juncture as research related to non-psychoactive ingredients gains popularity amongst medical scholars.
The medical fraternity has pointed to several underlying factors that vindicate the health benefits of CBD hemp products for humans.
In recent years, several new lines of medical research have emerged, aimed at uncovering the potential benefits of administering CBD in humans.
The general law for the European Union (EU) also permits the use of CBD products with less than 0.2% THC content.
Treatment of Geriatric Diseases with CBD to Support Market GrowthThe potential of CBD to treat epilepsy in children and adults has caused a stir across the medical research fraternity.
Furthermore, WHO has found preliminary evidence to prove the effectiveness of CBD in treating geriatric diseases such as Alzheimer’s, Parkinson’s, and psychosis.
Report Barley Products covers all aspects of the "Barley Products Market".
It provides basic market terminology and advanced analytical information in an understandable way that can be interpreted not just by a specialist but also a layman.
One of the most important descriptions in this report is full information on the major key players Grain crop Limited, Malteurop Group, Soufflet Group, Crisp Malting Group, Global Malt Gmbh & Co Kg, Ireks Gmbh, Muntons Plc, Maltexco S.A, Grain Millers Inc, EverGrain, Malt Products Corporation, Briess Malt & Ingredients Co holding the market share.
The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.Request for Sample Copy of Barley Products Market ReportThe market growth rate in around the globe can vary from region to region, for which the report presents the full analysis based on different geographic areas.
Information on the technical tactics that are followed in the market, applications are provided exclusively in the Barley Products report.
At the same time, the report provides data analyzed based on cost structure statistics for raw material collection, efficient product manufacturing, safe delivery, and overall after-sales costs.The global Barley Products report also contains detailed information on important, less significant growth and limitation factors that significantly affect market growth.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
