Friday, May 5, 2023

Global Ayurvedic Market Size Is Forecast to a Readjusted Size of USD 16020 Million by 2029 With a CAGR of 11.5% During Review Period

 Ayurveda is an ancient system of life and also the oldest surviving medical system in the world. Ayurvedic science is not merely a traditional Indian form of medicine but a perennial naturopathic system of healthcare that has survived the test of time as well as onslaught of modern science and methods of treatments.

According to our (Global Info Research) latest study, the global Ayurvedic market size was valued at USD 7483.9 million in 2022 and is forecast to a readjusted size of USD 16020 million by 2029 with a CAGR of 11.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

India is the largest Ayurvedic market with about 80% market share. Middle East is follower, accounting for about 5% market share.The key manufacturers are Patanjali Ayurved Limited, Dabur, Emami Group, Himalaya Drug, Maharishi Ayurveda, Baidyanalh, Shahnaz Husain Group, Vicco Laboratories, Amrutanjan Healthcare, Charak Pharma, Botique, Herbal Hills, Basic Ayurveda, Natreon etc. Top 3 companies occupied about 68% market share.

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This report is a detailed and comprehensive analysis for global Ayurvedic market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

This report profiles key players in the global Ayurvedic market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Patanjali Ayurved Limited, Dabur, Emami Group, Himalaya Drug and Maharishi Ayurveda, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segment by Type
Health Care
Oral Care
Hair Care
Skin Care
Others

Market segment by Application
Women
Men
Kids

Market segment by players, this report covers
Patanjali Ayurved Limited
Dabur
Emami Group
Himalaya Drug
Maharishi Ayurveda
Baidyanalh
Shahnaz Husain Group
Vicco Laboratories
Amrutanjan Healthcare
Charak Pharma
Botique
Herbal Hills
Basic Ayurveda
Natreon

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Global Info Research

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