The popularity of homeopathy
Some figures for those of you with an interest……
Homeopathy has never been so popular and currently 15% of the population of Britain trust it.1 The over-the-counter market in homeopathy currently stands at around £40million in the UK, based on the last market figures published by Mintel. This study estimated that in 2007 over-the-counter homeopathy sales were worth £38million, but are projected to reach £46million by 2012.2
Looking more broadly than the UK, there are over 30 million people in Europe using homeopathic medicines, and 50% of the French population are regular users.3
Across Europe, turnover of all homeopathic products is €1.77million, an average consumption of €4 per head. This is approximately 1% of the whole pharmaceutical market and approximately 7% of the over-the-counter market.
|There has been a 60% growth in the homeopathic market in Europe over 10 years (1995-2005); from €590million to €930million. 90% of homeopathic products are consumed by France, Germany, Netherlands, Spain, Belgium, UK and Poland. Relative to population, France and Germany have highest consumption -59%. France’s average spend per person in 2005 was €7.4
A number of reviews have evaluated the homeopathic research literature. You can read more about these on the website of the Faculty of Homeopathy – click here . A summary of the research evidence in homeopathy can be found if you click here .
1. Global TGI Barometer, January 2008; Issue 33.
2. MINTEL, Complementary Medicine, Market Intelligence, April 2004
3. Molassiotis A, et al. Use of complementary and alternative medicine in cancer patients: a European survey. Annals of Oncology, February 2005, Manchester University
4. ECHAMP’s Facts & Figures, 2nd Ed, 2007.
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