India Ayurvedic Products Market Trends 2023, Size, Growth, Business Opportunities, Leading Companies and Industry Report by 2028
IMARC Group has recently released a new research study titled “India Ayurvedic Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Market Overview:
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. Ayurvedic products are a type of traditional medicine that originated in India over 5,000 years ago. These products are based on Ayurveda, a holistic approach to health that focuses on balancing the mind, body, and spirit. Ayurvedic products are made from natural ingredients, such as herbs, spices, and minerals, and are designed to support overall health and wellness. Some of the most commonly used Ayurvedic products include supplements, teas, oils, and skincare products. These products are believed to help alleviate a range of health issues, including stress, inflammation, and digestive problems, and are growing in popularity as more people seek natural and holistic approaches to healthcare.
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India Ayurvedic Products Market Trends:
The rising demand for natural and organic products represents one of the key factors driving the market growth across India. This is primarily attributed to the increasing health consciousness among people in the country. In line with this, the Government of India (GoI) is promoting Ayurveda through various initiatives. For instance, it has established the Ministry of AYUSH to promote traditional medicine, which is contributing to the growth of the market. Moreover, the market is also driven by the increasing awareness regarding the various benefits of Ayurveda. Apart from this, the easy availability of Ayurvedic products on various distribution channels, including online marketplaces, pharmacies, and retail stores, along with rising disposable incomes are creating a positive outlook for the market.
India Ayurvedic Products Market 2023-2028 Competitive Analysis and Segmentation:
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
- Ayurvedic Nutraceuticals and Dietary Supplements
- Ayurvedic Medicines
- Personal Care Products
- Skin Care
- Oral Care
- 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
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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