Report Code: A15444 | Pages: NA | Jul 2023 | 1029 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Botanicals And Acupuncture Market
Request Now !Botanical products contain whole, fragmented, or cut plants, plant parts, plant exudates, algae, fungus, or lichens. All botanical preparations are obtained through various methods such as pressing, squeezing, extraction, fractionation, distillation, concentration, drying, and fermentation. Botanicals are available in a variety of forms in the market, including oils, herbs, tablets, and powders. Even in this advanced age, botanicals are widely used by practically all demographic pools, ranging from new-born, youth, and adults, as dietary supplements and to cure chronic pains and injuries.
Acupuncture is the practice of utilizing thin metallic needles to enter human skin and create an energy flow known as ‘Qi' to promote overall human health by activating the central nervous system. Acupuncture has demonstrated excellent success in the treatment of mental stress, PMS, infertility, PCOS, menopause, and other hormonal abnormalities.
COVID-19 Impact analysis
Since November 2019, the global prevalence of COVID-19 has hampered the world's economy, social life, and politics. A complete lockdown was implemented globally to limit the infection in local areas. Travel and communication were prohibited due to the virus's terror while its effect and cure were unknown to humankind. Botanicals and acupuncture have aided the treatment of COVID-19 symptoms such as nausea, vomiting, sleeplessness, skin infections, shortness of breath, and other respiratory issues. Several clinical trials were conducted last year to assess the efficacy of acupuncture therapy. During the COVID-19 period, the botanicals and acupuncture market grew at higher points on the exponential curve.
Top Impacting Factors
Market Trends
New Product Launches to Flourish Botanicals and Acupuncture Market
In October 2019, Modern Acupuncture received funding from Strand Equity, a firm that largely invests in advanced and popular consumer services and brands. This investment agreement was targeted towards the enhancement of access to alternative medicine. With this investment, the company planned to open 11 additional facilities across the U.S.
In May 2020, Firmenich SA launched its third Fragrance Atelier, in Grasse, Villa Botanica, intending to strengthen its leadership in the natural and sustainable product offering.
In May 2020, Lipoid Kosmetik AG supplemented its range of dermal messenger peptides with the launch of PhytoCodine. It is the world’s first anti-aging concentrate of natural matrikine-like peptides, which reprograms fibroblasts to accumulate extracellular matrix components characteristic of younger-looking skin.
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Key Benefits of Report
Questions Answered in Botanicals and Acupuncture Market Report
Botanicals and Acupuncture Market Report Highlights
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Key Market Players | Columbia Nutritional, LKK Health Products Group, Helio USA Inc., Herbal Hills, Pure Encapsulations, Inc., Herb Pharm, Ayush Ayurvedic Pte Ltd., Nordic Nutraceuticals, Modern Acupuncture, Green Cross Corp, Chiropuncture, Inc., ARC Acupuncture & Physical Therapy, Sheng Chang Pharmaceutical Company, NatureKue, Inc. |
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