News from ECHAMP – the European Coalition on Homeopathic & Anthroposophic Medicinal Products.
The market for homeopathic and anthroposophic medicinal products in the EU is growing by 6.5% a year according to new figures from ECHAMP. It is now valued at €1.24 billion per year; this represents 7% of the total EU market for non-prescription products.
ECHAMP’s new report, ‘Homeopathic and Anthroposophic Medicinal Products in the EU – Profile of an industry 2015,’ is the only source for EU-wide data on this sector and provides a comprehensive review of the sector, identifying specific trends, and, for the first time, profiling in detail this unique industry.
The report demonstrates significant to high and growing demand for these products in at least two thirds of EU Member States, including those both with and without a long-term tradition for these products. In some markets, the products are used by up to 60% of the population.