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Ayurveda Market Increasing Demand, Growth Analysis and Future Outlook by 2031

07-04-2024 07:36 PM CET | Health & Medicine

Press release from: Orion Market Research

Ayurveda Market Increasing Demand, Growth Analysis and Future

Global Ayurveda market is anticipated to grow at a CAGR of 25.2% during the forecast period (2024-2031). The increasing support from state-run organizations to sustain the Ayurveda industry through policies, schemes, and regulations is a key factor driving the global market growth. The support is aimed at strengthening the roots of ancient medicinal practices across the globe and innovating medicinal practices to cure modern-day ailments. For instance, a budget of $464.68 million is set aside for the next five years for Ayush Wellness Centers under the National Ayush Mission. The center has contributed to the wellness sector by revamping the existing 1.5 lakh health centers across the country.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/ayurveda-market

India, a pioneer of the industry is constantly investing and is being relied upon by international organizations to develop and grow the industry's R&D and infrastructure for global consumption. For instance, in November 2020, the World Health Organization (WHO) selected India to set up a traditional medicine center to strengthen research, training, and awareness of Ayurveda. After the announcement, the Indian PM inaugurated two ayurveda institutions: the Institute of Teaching and Research in Ayurveda (ITRA), Jamnagar (Gujarat), and the National Institute of Ayurveda (NIA), Jaipur (Rajasthan).

Global Ayurveda Market Report Segment

By Formulation

• Herbal
• Mineral
• Herbo-Mineral

By Application

• Medical/Therapy
• Personal Care

By Distribution Channel

• Retail Stores
• Supermarkets
• Online Marketplaces

By End-User

• Healthcare
• Academia & Research

A full report of Ayurveda Market available @ https://www.omrglobal.com/industry-reports/ayurveda-market

Ayurveda Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Amrutanjan Health Care Ltd.
• Arizone International LLP.
• Baidyanath Ayurved
• Bio Veda Action Research Co.
• Cholayil Pvt. Ltd.
• Emami Ltd.
• Elzac Herbals India
• Hamdard Laboratories
• Himalaya Wellness Co.
• Kairali Ayurvedic Group

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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