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OTC Herbal Medicines Worth Millions in U.K.
ISSUE:
Page:
65
Market research by Mintel estimates that the total market for complementary medicines in the UK in 1996 was worth £72 million. This figure excludes products sold as supplements, e.g., vitamins, minerals, royal jelly, ginseng, and garlic. It actually covers the sale of licensed herbal medicines, homeopathic remedies, and essential oils.

Herbal medicines accounted for £38 million of sales, representing 53 percent of the market, by far the largest share. It is calculated that sales of the complementary medicines referred to in this survey have grown by 36 percent since 1991. Mintel predicts that they will be worth £104 million by the year 2001. [As of 1/13/98 the exchange rate was $1.6215 US = £1 sterling.]

[The European Journal of Herbal Medicine 3(2). Fall 1997.]

Top Selling Herb Supplements in Mass Market - 1997 Total Sales

12-Week Period 52-Week Period U.S. Dollars

Ending 12/28/97 Ending 12/28/97 Total Herbal Supplements

$141,227,680

$441,502,560 Ginkgo

29,425,772

90,197,288 Ginseng

20,057,994

86,048,080 Garlic

17,870,164

71,474,288 Echinacea/Goldenseal

19,114,476

49,189,576 St. John's Wort(*)

28,081,530

47,774,792 Saw Palmetto

5,789,359

18,381,592 Grapeseed

2,479,788

9,965,772 Evening Primrose

1,789,713

7,299,353 Cranberry

1,739,309

6,182,210 Valerian

1,763,096

6,104,450 Bilberry

1,296,568

4,555,723 Milk Thistle

923,081

3,037,672 Kava Kava

933,182

2,950,132

(*) Reflects sales of echinacea and goldenseal as individual products as well as the combination.

(**) St. John's wort sales reflect the May 5 Newsweek article and June 27 ABC "20-20" program which featured the herb as a treatment for depression.

Source: IRI Scanner Data, FDM (Food, Drug, Mass Market combined), Total U.S., 52 weeks and 12 weeks ending 12/28/97.

Article copyright American Botanical Council.

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By Barbara Johnston