At 19.78% CAGR, India Ayurvedic Products Market to Reach INR 1,536.9 Billion by 2027, Says IMARC Group

According to IMARC Group's latest report, titled "𝐈𝐧𝐝𝐢𝐚 𝐀𝐲𝐮𝐫𝐯𝐞𝐝𝐢𝐜 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the India ayurvedic products market size reached INR 515.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 1,536.9 Billion by 2027, exhibiting a growth rate (CAGR) of 19.78% during 2022-2027.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021

Historical Period: 2016-2021

Forecast Period: 2022-2027

𝐈𝐧𝐝𝐢𝐚 𝐀𝐲𝐮𝐫𝐯𝐞𝐝𝐢𝐜 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The growing popularity of natural and organic medicines and their benefits are among the primary factors driving the India ayurvedic products market. Besides this, the rising health concerns and the escalating awareness toward the side effects of western medications are moving the consumer preference for these derivatives, which is further augmenting the market growth. Moreover, the launch of several policies by the government bodies to promote the usage of ayurvedic products is also catalyzing the market across India. Apart from this, the inflating disposable incomes of individuals, the penetration of high-speed internet, and the emerging trend of social media among the masses are acting as significant growth-inducing factors. Furthermore, the continuous improvements in the e-commerce sector and the development of the online delivery models across the country are expected to bolster the India ayurvedic products market in the coming years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://www.imarcgroup.com/india-ayurvedic-products-market/requestsample

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐖𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The competitive landscape of the India ayurvedic products market has been studied in the report with the detailed profiles of the key players operating in the market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

• Dabur India Ltd.
• Patanjali Ayurved Limited
• The Himalaya Drug Company
• Amrutanjan Healthcare Limited
• Vicco Laboratories
• Charak Pharma Pvt. Ltd.
• Hamdard Laboratories
• Forest Essentials
• Emami Ltd.
• Shree Baidyanath Ayurved Bhawan Pvt. Ltd.
• Kerala Ayurveda Ltd.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has segmented the India ayurvedic products market based on products type, organized/unorganized and region.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐓𝐲𝐩𝐞:

• Healthcare Products:
 Ayurvedic Nutraceuticals and Dietary Supplements
 Ayurvedic Medicines

• Personal Care Products:
 Skin Care
 Oral Care
 Hair Care and Fragrances

𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐞𝐝/𝐔𝐧𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐞𝐝:

• Organized
• Unorganized

𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

• North India
• East India
• West and Central India
• South India

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐅𝐫𝐞𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=1279&flag=C

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

Ayurveda represents an ancient science and healthcare system that has been embraced by cultures across the globe. It analyses and cures diseases after understanding the body type, heartbeat patterns, appearance, vision, etc., of an individual. There are various treatments and protocols in the ayurvedic system to rectify ailments through the use of plants, exercise, herbs, diet, and lifestyle changes. Several segments of healthcare and personal care products are available throughout the country. The personal care range is divided into skincare, make-up, oral care, hair care, and fragrances. Whereas for the healthcare range, nutraceuticals, medicines, and dietary supplements are available. The leading corporations are focusing on the development of innovative ayurvedic products and generating awareness among consumers.

𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐒:
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This release was published on openPR.