The APAC has a history of traditional medicines and treatments. Countries like India and China are famous for Ayurvedic and Chinese medicines. Ayurvedic medication could be a prevalent conventional hone that consolidates herbs, counts calories, and way of life changes. In India, Ayurvedic medicine is a popular traditional practice that incorporates herbs, diet, and lifestyle changes. Further, the increasing number of stores in the region is attributed to the market growth of the integrative medicine market in the region.For instance, in February 2022, Ayush Minister Shri Sarbananda Sonowal launched a dedicated storefront for Ayurveda products on Amazon.in
Further,the Asia-PacificIntegrative Medicine Marketis expected to grow at a strong CAGR of 22% during the forecast period (2022-2030) owing the governmental support.For instance, as per the PIB, In 2020, the Indian System of Medicines and Ayurveda Globally, Ministry signed 13 Memorandum of Understanding on the establishment of the AYUSH Academic Chair with foreign universities/research institutes, whereby AYUSH experts are sent to prestigious universities/research institutes to carry out the teaching/training/research activities.
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APAC Integrative Medicine Market Revenue (2020-2030)- USD Mn
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Based on intervention, the market is segmented into botanicals, body healing, mind healing, external energy, and sensory healing. The botanicals segment acquired a major share in 2021. The growth is mainly driven by the growing demand for natural products and the growing interest of professionals in plant-based therapies due to their minimal side effects attributed to the high share of the segment in the market.
Based on the distribution channel, the market is segmented into direct sales, e-sales, and distance correspondence. The e-sales segment is expected to grow with the highest CAGR during the forecast period. The rising adoption of online platforms for online shopping, along with the offers offered by these platforms is also an important reason for the market growth of the e-sales platform.
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Global Integrative Medicine MarketSegmentation
Market Insight, by Application
Botanicals
o Ayurveda
o Apitherapy
o Bach Flower
o Naturopathic Medicine
Body Healing
o Acupuncture
o Yoga
o Radionics
o Therapeutic Touch
o Others
Mind Healing
o Autosuggestion
o Hypnotherapy
o Neuro-linguistic Programming
o Self-hypnosis
o Others
External Energy
o Magnetic Therapy
o Chakra Healing
o Others
Sensory Healing
o Aromatherapy
o Music therapy
o Sound Therapy
o Others
Market Insight, by Distribution Channel
Direct Sales
E-sales
Distance Correspondence
Market Insight, by Region
North America
o U.S.
o Canada
o Rest of North America
Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
APAC
o China
o Japan
o India
o Rest of APAC
Rest of the World
Top Company Profiles
Columbia Nutritional
Nordic Pharmaceuticals Ltd.
Ramamani Iyengar Memorial Yoga Institute
The Healing Company
Unity Woods Yoga
Ayush Ayurveda
Dabur India Ltd
Pure Encapsulations, LLC.
Herb Pharm.
Rocky Mountain Oils, LLC