Popularity and the market place The homeopathy market Homeopathy has never been so popular; currently 15% of the population of Britain trust it as a form of treatment.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, which estimated in 2007 it was worth £38million but projected to reach £46million in 2012.2 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%3. High-profile support MPs Homeopathy enjoys a high level of support from politicians. In 2007, 206 MPs signed an Early Day Motion welcoming the contribution of homeopathy to NHS healthcare. Celebrities Paul McCartney, David Beckham, Twiggy, Roger Daltrey, Caprice, Susan Hampshire, Tina Turner, Louise Jameson, Gaby Roslin, Jude Law, Sadie Frost, Nadia Sawalha, Richard Branson, Debra Stephenson and Meera Syal, as well as The Queen are all users of homeopathy. References: 1. Global TGI Barometer, January 2008; Issue 33. 2. Complementary Medicines - UK, Mintel April 2007 3. ECHAMP’s Facts & Figures, 2nd Ed, 2007.
Posted on: Mon, 19 Aug 2013 08:27:57 +0000
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