Ayurvedic Products Market 2018 Research Report by focusing on Top Companies | Dabur India Ltd. , The Himalaya Drug Company , Natreon Inc , Patanjali Ayurved Limited

Current Market Scenario:
Increasing health and beauty concerns and high demand of skin care products by consumers’ have a significant impact on this market. Manufacturer’s high focus on the product innovations has resulted in wide range product offerings with better formulation attracting wider audience. Manufacturers are focusing on developing unique formulations and adding it to the existing product line to enhance the value of their product range.

Key Findings:
• Market share of vegan Ayurvedic Products is found to be growing at a higher rate during the forecast period owing to rising population of vegan consumers
• Top exporters of Ayurvedic Products include the India, U.S., France, Germany and U.K.

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Technological strides and a keen focus on R & D has supported in fueling up the market share of Ayurvedic health care products in the global market. Players emphasize on launching unique products to suffice the trending demand from the consumers’ side which has also led to increased sale of the product. Increasing population of women adopting natural and minimal makeup trends have been increasing the sale of Ayurvedic Products globally

Market Definition:
Ayurvedic Products are personal care and healthcare products which are used for medicinal healing purposes. Ayurvedic Products originated from India and hence the suppliers’ concentration is high in the country. Ayurvedic Products are known to have less side effects and helps in the detoxification of the harmful toxins in the body. Increasing adoption of traditional methods for medicinal purpose has given a boost to the Ayurvedic products market fueling up its market share.

Key Players:
Some of the key players profiled in the Global Ayurvedic Products Market are Dabur India Ltd. (India), The Himalaya Drug Company (India), Natreon Inc (U.S.), Patanjali Ayurved Limited (India), Basic Ayurveda (India), Herbal Hills (India), Planet Ayurveda (India).

Regional Analysis
Asia-Pacific will continue to dominate the Ayurvedic Products market with more than 50% market share and it is projected to reach more than USD 600 million with CAGR of 4.02% by 2023. North America will witness the highest growth rate (~5.14%) during forecast period 2017 to 2023. Europe region will witness the growth of 4.50% in Ayurvedic Products market for the same period. Growing popularity of eye cosmetics and increasing beauty awareness amongst the female population is driving the market growth of Ayurvedic Products globally. Rise in sale through various distribution channel is playing a key role in the Ayurvedic Products market growth from last few years.

Segments:

Ayurvedic Products has been segmented on the basis of product-type, which comprises personal care, healthcare and others. Healthcare products is found to hold a major share due to high consumer’s preference.

Ayurvedic Products has been segmented on the basis of specialty attributes, which comprises organic, vegan, GMO-free, and others. Organic Ayurvedic products holds a
major share.

Ayurvedic Products has been segmented on the basis of the distribution channel, which comprises supermarket/hypermarket, specialty stores, drug-stores, convenience stores, e-commerce, and others. Sale through drug-stores is growing with a higher growth rate however, supermarket/hypermarket holds a major share among the various distribution channels of Ayurvedic products.

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Intended Audience:
• Ayurvedic cosmetics manufacturers
• Ayurvedic health supplement manufacturers
• Retailers, Wholesalers
• E-commerce Companies
• Traders, Importers and Exporters

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This release was published on openPR.