Press release
Ayurvedic products Market to witness threefold increase in market size, Opportunity forecast to 2023
Ayurvedic Products Market Research ReportThe global Ayurvedic products market is segmented on the basis of product-type, specialty attributes, distribution channel, and region. Based on the product-type, Healthcare products is found to be holding a lion’s share.
This market research report further provides an insight on various levels of analysis such as industry analysis, market share analysis as well as leading market players and their profiles. This report also helps in studying target consumer segments by providing views on emerging and high-growth segments and market size.
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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. 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.
Among the various Ayurvedic Products type, healthcare products is evaluated to hold a major share based on the high demand for moisturizer majorly for whole body care for babies. On the basis of the specialty attributes, organic Ayurvedic Products is found to be dominating the segment due to high demand for chemical-free personal care and healthcare products from the consumer’s end. Supermarket/Hypermarket are found to be the major hub for the sale of Ayurvedic Products backed up by one stop shopping experience and high availability of the desired products through the channel.
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.
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.
Regional Analysis:
The Global Ayurvedic Products Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific accounts for the major market share followed by North America. High demand for herbal and natural healthcare products is influencing the high production volume of Ayurvedic Products in the country is projected to generate a high revenue during the given forecast period. Furthermore, urbanization will support the sale of Ayurvedic products in Asia Pacific region during the forecast period. The Major importers of Ayurvedic Products include the U.S., China, France, Germany and Canada.
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).
Table of Content:
Executive Summary
Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Markets Structure
2.4 Stakeholders
3. Research Methodology
3.1 Research Methods
3.2 Forecast Model
3.3 Market Size Estimation
4. MARKET DYNAMICS
5. PREMIUM INSIGHTS
5.1 Market Mapping & Research Methodology
5.2 Industry Trends And Market Environment
5.3 Product Lifecyle
5.4 Regulatory Framework
The report for Global Ayurvedic products Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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