Auryvedic Products Market, By Product Type (Healthcare Products and Personal Care Products (Skin Care, Hair Care, and Oral Care)), By End User (Women, Men, and Children), By Distribution Channel (Supermarkets/ Hypermarkets, Department Stores, Drug Stores, Beauty Salons, Specialty Stores, and Online Retailing), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Ayurvedic products involve health and personal care products that contain natural ingredients. They are currently known as one of the best substitutes for allopathy medicine. Ayurvedic products have the ability to fight against diseases with minimal or no side effects to balance the human body and mind. Ayurvedic products are prepared using components such as aloe vera, natural herbs, tulsi or Ocimum tenuiflorum, Neem or Azadirachta indica, plant extracts, Indian gooseberry, and oil, among other ingredients

Growing awareness regarding the benefits of personal care products and Ayurvedic medicines

Increasing demand for natural and organic products among customers globally is driving the growth of the target market. Factors of the Ayurveda market are growing awareness of the efficacy and effectiveness of traditional systems of medicine. Further, an increase in R&D activities and support from governments is also boosting the growth of Ayurveda products. Government support is projected to pave the way for the development of Ayurveda. For example, the Indian Government developed the AYUSH ministry to promote Ayurveda and traditional systems of medicine. Additionally, the Indian Council of Medical Research is allowing molecular-based studies to legalize the efficacy of Ayurveda medicines.

Lack of scientific validation

Developed nations such as the United States, have a lack of scientific validation for Ayurveda. Ayurveda is not licensed or regulated which is hampering the growth of the global market. The prime market restraints include lack of health insurance approval, lack of National Accreditation Board for Healthcare & Hospitals Providers accreditation, scarcity of trained workforce, and others.

The global Auryvedic products market is segmented based on product type, end-user, distribution channel, and region.

On the basis of product type, the global Ayurvedic products market is segmented into healthcare products and personal care products (skincare, hair care, and oral care. Based on end-users, the target market is segmented into women, men, and children. Based on distribution channel, the target market is segmented into supermarkets/ hypermarkets, department stores, drug stores, beauty salons, specialty stores, and online retailing

On the region, the global Ayurvedic products market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is projected to register a significant revenue share in the global ayurvedic products market. The market in U.S. market is projected to contribute the highest revenue share in the North America market, due to the growing use of Ayurvedic products and an increasing number of Ayurvedic centers. The Asia Pacific market is anticipated to register for a substantial share in terms of revenue in the target market, due to India being one of the major and oldest markets for ayurvedic medicines and personal care products, Further, ever-inclining demand for natural ingredients-based products is also booming growth of the global market in this region.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global auryvedic products market report based on product type, end-user, distribution channel, and region:

Global Auryvedic Products Market, By Product Type:

• Healthcare Products
• Personal Care Products

• Skin Care
• Hair Care
• Oral Care

Global Auryvedic Products Market, By End-user:

• Women
• Men
• Children

Global Auryvedic Products Market, By Distribution Channel:

• Supermarkets/ Hypermarkets
• Department Stores
• Drug Stores
• Beauty Salons
• Specialty Stores
• Online Retailing

Global Auryvedic Products Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the global Ayurvedic products market include Maharishi Ayurveda Products, Dabur India Ltd., The Himalaya Drug Company, Herbal Hills, Biobaxy Technologies India, Planet Ayurveda, Basic Ayurveda, Natreon Inc., and Arvincar. The major key players operating in the target market are focusing on launching the products in order to gain a competitive edge in the target market. For instance, in September 2019, NirogStreet developed a new SaaS-based software called NirogStreet Vaidya Tool exclusively for Ayurvedic physicians, clinics, and hospitals. This software will help Ayurveda physicians in managing and creating medicine stock, bills and inventory, medicine prescriptions, patient follow-up, and patient records.

• Maharishi Ayurveda Products
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Maharishi Ayurveda Products
• Dabur India Ltd.
• The Himalaya Drug Company
• Herbal Hills
• Biobaxy Technologies India
• Planet Ayurveda
• Basic Ayurveda
• Natreon Inc.
• Arvincar

“*” marked represents similar segmentation in other categories in the respective section