Prominent Botanicals And Acupuncture Market Trend for 2025: Innovative Drug Development in the Botanicals and Acupuncture Market

What Are the Projected Growth and Market Size Trends for the Botanicals And Acupuncture Market?
The botanicals and acupuncture market has expanded at an exponential rate in recent years. It is forecasted to increase from $92.36 billion in 2024 to $111.46 billion in 2025, at a CAGR of 20.7%. The market's historical growth was influenced by the rising popularity of natural therapies, increased orthopedic cases, an aging global population, improved diagnostic capabilities, and heightened awareness of alternative medicine.

The botanicals and acupuncture market is expected to reach $238.42 billion by 2029, with a CAGR of 20.9%. Growth is driven by the rising popularity of traditional practices, functional foods, wellness tourism, and acupuncture. Major trends include integration of botanicals in healthcare, research on botanical efficacy, and innovations in acupuncture techniques.

What Is Driving the Growth Trajectory of the Botanicals And Acupuncture Market?
The rise in the popularity of herbal medications is expected to drive the growth of the botanicals and acupuncture market. Herbal medications, made from plant extracts and substances, are used in various forms of traditional medicine, including acupuncture. Herbal medicine's popularity is growing, particularly in regions like the US, where 30% of the population uses herbal remedies annually. According to the World Health Organization (WHO), 80% of the global population relies on herbal medicine. Therefore, the increasing use of herbal medications is contributing to the growth of the botanical and acupuncture market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13390&type=smp

Which Leading Companies Are Shaping the Growth of the Botanicals And Acupuncture Market?
Major companies operating in the botanicals and acupuncture market report are Archer Daniels Midland Company, International Flavors & Fragrances Inc., Nu Skin Enterprises Inc., Green Cross Corp., Blue Sky Botanics Ltd., Martin Bauer Group, Naturex S.A, Bionorica SE, Lee Kum Kee Health Products Group Limited, Nutraceutical Corporation, Indena S.p.A, P.T. Indesso Aroma Group, Columbia Nutritional LLC, Pukka Herbs Ltd., Gaia Herbs Inc., BI Nutraceuticals Inc., Bio-Botanica Inc., Golden Needle Acupuncture Herbal & Medical Supply, Arjuna Natural Extracts Ltd., Nordic Nutraceuticals ApS, Solaray Inc., Sabinsa Corporation, Salus-Haus GmbH & Co. KG, Synergy Flavors Inc., Herb Pharm LLC, WellSpring Acupuncture, Modern Acupuncture Holdings LLC, Ayush Ayurvedic Pte Ltd., Botanic Innovations LLC, Ransom Naturals Ltd.

What Are the Major Trends Shaping the Botanicals And Acupuncture Market?
Major players in the botanicals and acupuncture market are concentrating on drug development efforts, such as TC Cream, to create scientifically validated and evidence-based medical products. TC Cream is an innovative topical solution designed to treat psoriasis by targeting multiple autoimmune signaling pathways for effective relief. For example, in May 2023, the Psoriasis Research Institute of Guangzhou (PRIG), a wholly-owned research institute of HiST Pharma based in China, secured approval to commence a Phase III clinical trial for TC Cream in the United States after obtaining Investigational New Drug (IND) authorization. TC Cream represents a pioneering botanical drug that offers relief to individuals affected by psoriasis, marking a breakthrough in the treatment of this chronic skin condition.

What Are the Key Segments of the Botanicals And Acupuncture Market?
The botanicals and acupuncture market covered in this report is segmented -

1) By Intervention: Botanicals, Acupuncture
2) By Application: Prescription, Over The Counter (OTC)
3) By Distribution Method: Direct Sales, E-Sales, Distance Correspondence

Subsegments:
1) By Botanicals: Herbal Supplements, Medicinal Plants, Essential Oils, Plant-Based Extracts
2) By Acupuncture: Traditional Acupuncture, Electroacupuncture, Acupressure, Auricular Acupuncture

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/botanicals-and-acupuncture-global-market-report

Which Region Dominates the Botanicals And Acupuncture Market?
Europewas the largest region in the botanicals and acupuncture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the botanicals and acupuncture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Botanicals And Acupuncture Global Market Report?

- Market Size Analysis: Analyze the Botanicals And Acupuncture Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Botanicals And Acupuncture Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Botanicals And Acupuncture Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Botanicals And Acupuncture Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13390

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.