Press release
India Ayurvedic Products Market Size To Hit INR 1,824 Billion By 2028
The India ayurvedic products market size reached INR 626 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 1,824 Billion by 2028, exhibiting a growth rate (CAGR) of 19.3% during 2023-2028.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/india-ayurvedic-products-market/requestsample
India Ayurvedic Products Market Trends:
The increasing consumer preference for natural and herbal products represents a significant factor driving the market growth across India. This is primarily attributed to the rising awareness regarding the potential health benefits of Ayurveda, which is facilitating the growth of the market. In line with this, the expanding popularity of Ayurveda and its inclusion in mainstream healthcare practices is contributing to the growth of the market.
The market is also driven by the increasing inclination of consumers toward Ayurvedic remedies for chronic health conditions, such as diabetes, arthritis, and hypertension. In addition to this, government initiatives and programs to promote the use of Ayurvedic products and services, both internationally and domestically, are creating a positive outlook for the market across the country.
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
• Vicco Laboratories
• Charak Pharma Pvt. Ltd.
• Hamdard Laboratories
• Forest Essentials
• Emami Ltd.
• Shree Baidyanath Ayurved Bhawan Pvt. Ltd.
• Kerala Ayurveda Ltd.
• Amrutanjan Healthcare Limited
Key Market Segmentation:
The report has segmented the India ayurvedic products market based on products type, organized/unorganized and region.
Breakup by Products Type:
• Healthcare Products:
o Ayurvedic Nutraceuticals and Dietary Supplements
o Ayurvedic Medicines
• Personal Care Products:
o Skin Care
o Oral Care
o Hair Care and Fragrances
Breakup by Organized/Unorganized:
• Organized
• Unorganized
Breakup by Region:
• North India
• East India
• West and Central India
• South India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1279&flag=C
Industry Definition and Application:
Ayurvedic products refer to a kind of natural health and wellness products that are based on the principles of Ayurveda, which is an ancient Indian system of medicine. They are made from natural materials, including roots, herbs, minerals, and fruits, and are created to promote harmony and balance in the mind, spirit, and body. These products also include a wide variety of things, like teas, supplements, cosmetics, and oils. Ayurvedic products are frequently employed to cure various health conditions and promote overall well-being as well as are popular among those who prefer natural and holistic approaches to health and wellness. While Ayurvedic products are generally considered effective and safe when used properly, it is still significant to check with a healthcare provider before integrating them into the healthcare routine.
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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