Complementary and Alternative Medicine are being used as an alternative therapy to regular medicines. In the recent years, the market has witnessed a significant growth owing to rising awareness on adverse effects of drugs and increasing interest on alternative treatment methods like Yoga and Naturopathy. Complementary and Alternative Medicine includes natural process of healing or treating a disease.
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The growth of Complementary and Alternative Medicine market can be attributed to rising awareness on alternative medicine and yoga.In addition, increasing usage of botanical derivatives as dietary supplements, rising medical tourism for traditional medicine in India & China, rise in number of government initiatives promoting the usage of alternative medicine, and support & regulations by various government bodies to increase the adoption of alternative medicine. The market in the coming years is expected to offer significant opportunities to the players due to increasing awareness of fitness and well-being using natural methods and rise in venture capital investments to start new Complementary and Alternative Medicine companies across the globe.
Top Key Players:-
• Pacific Nutritional Inc
• Herbal Hills
• Herb Pharma
• Helio USA Inc
• Nordic Naturals
• Deepure Plus
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The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global complementary and alternative medicine market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
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