The herbal medicine market in Italy

Up to 2019, the herbal medicine market experienced significant growth, with the Spanish production of aromatic, medicinal, and condiment plants expanding at an average CAGR of 36% from 2016. The value chain involved multiple stakeholders, including large pharmaceutical companies, specialized herbalists, and organic farmers. The herbal medicine market, characterized by a lack of stringent regulation, had been responding to consumer demand for natural, less chemically-intensive treatments, with a significant segment of the Spanish population using herbal remedies for various health issues. The growth trajectory suggested by previous years indicates that the market could have continued its upward trend beyond 2019, potentially doubling in size over a ten-year period from 2017 as forecasted by Hexaresearch, especially given the increasing preference for organic and natural products among consumers in Spain and Europe. However, without specific post-2019 figures, these are speculative concl

The French herbal medicine market is valued at €780 million. The global herbal medicine market is close to $200 billion. Europe is the leading market for herbal medicines. The phytotherapy market includes phytotherapy, aromatherapy and gemmotherapy. In France, the aromatherapy market is estimated at €248 million, gemmotherapy at €3.4 million and medicinal plants at €224 million 1. The French market is largely driven by pharmacies and parapharmacies, which account for 74% of sales of phytotherapy products, Phytotherapy: an evolving market fuelled by natural health trends In a country where nearly two out of five people consider themselves ill-informed about natural treatments, and where one in three doubts their efficacy, the industry has managed to thrive, demonstrating the growing popularity of alternative medicine. Phytotherapy, the practice of medicine using plants and plant extracts, has found itself at the forefront of this movement, responding to a public seeking less toxic, more

Advanced therapies are a category of innovative medical treatments that exploit advanced technologies to modify or manipulate genetic material, cells, or tissues with the goal of treating or curing complex and often incurable diseases.They represent an advanced frontier of personalized, targeted, and regenerative medicine, offering