Ayurvedic Products Market, By Product Type (Personal Care, Healthcare Products, Others), By Specialty Attribute (Organic, Vegan, GMO-Free, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, Drug Stores, and E-commerce) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI393920 | Publish Date: March 2024 | No. of Pages: 185

Global Ayurvedic Products Market By Overview

Introduction:

Ayurvedic Products Market was valued at US$ 14.1 Billion in 2024 and is projected to grow at a CAGR of 31.00% to reach US$ 164.6 Billion by 2034.

Ayurvedic medicine is one the world oldest healing systems developed in India, however, in the United States it is considered a form of complementary and alternative medicine. The ayurvedic product stems from the ancient Vedic culture and was taught for many thousands of years. It mostly emphasis on prevention and encourages the maintenance of health through close attention to balance life, diet, lifestyle, and use of herbs. However, the ayurvedic product does not focus on disease but maintains life such that it must be supported by the energy in balance. As the body's natural defense systems will be strong and can more easily defend against disease. 

Few well-designed clinical trials and systematic research suggested that Ayurvedic products or approaches are effective. For instance, 2013 clinical trial compared two ayurvedic formulations of plant extract against the natural product glucosamine sulfate and the drug celecoxib in 440 people with knee osteoarthritis, and all four products provided a similar reduction in pain. 

Global Ayurvedic Products Market By Dynamics

Increasing awareness and popularity regarding popularity overall the globe is expected to favour the growth of ayurvedic products market. Further, the support of the government, rise in research and development activities. Moreover, the market growth is also fostered due to the growth of nutrition and herbal industry. The minimal side effects also favour the ayurvedic products over the allopathy drives the global ayurvedic products market.

However, the lack of validation in developed nations and its outlook of Ayuvedic products as pseudoscience and supplementary are factors that may hamper the global ayurvedic products market.

Global Ayurvedic Products Market By Segmentation

The Ayurvedic Products Market is segmented based on product type, speciality Attribute, Distribution Channel, and Region.

Based on product type, the ayurvedic products market is segmented into Personal Care, Healthcare Products, Others.

Further, based on Specialty Attribute the market is segmented in Organic, Vegan, GMO-Free, Others.

Based on distribution channel the market is segmented into Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, Drug Stores, and E-commerce.

Based on the region the global ayurvedic products Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific accounts highest revenue share to the global ayurvedic products market, due to increased preference of population towards ayurvedic products.

Ayurvedic Products Market, By Product Type:

  • Personal Care
  • Healthcare Products
  • Others

 Ayurvedic Products Market, By Specialty Attribute:

  • Organic
  • Vegan
  • GMO-Free
  • Others

Ayurvedic Products Market, By Distribution Channel:

  • Supermarket/Hypermarket
  • Speciality Retailers
  • Convenience Stores
  • Drug Stores
  • E-commerce

Ayurvedic Products Market, By Region:

North America

  • North America Ayurvedic Products Market, By Product Type
  • North America Ayurvedic Products Market, By Specialty Attribute
  • North America Ayurvedic Products Market, By Distribution Channel
  • North America Ayurvedic Products Market, By Country

U.S.

Canada

Europe

  • Europe Ayurvedic Products Market, By Product Type
  • Europe Ayurvedic Products Market, By Specialty Attribute
  • Europe Ayurvedic Products Market, By Distribution Channel
  • Europe Ayurvedic Products Market, By Country

Germany

  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
  • Asia Pacific
  • Asia Pacific Ayurvedic Products Market, By Product Type
  • Asia Pacific Ayurvedic Products Market, By Specialty Attribute
  • Asia Pacific Ayurvedic Products Market, By Distribution Channel
  • Asia Pacific Ayurvedic Products Market, By Country
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Latin America Ayurvedic Products Market, By Product Type
  • Latin America Ayurvedic Products Market, By Specialty Attribute
  • Latin America Ayurvedic Products Market, By Distribution Channel
  • Latin America Ayurvedic Products Market, By Country

Brazil

Mexico

Rest of Latin America

Middle East & Africa

  • Middle East & Africa Ayurvedic Products Market, By Product Type
  • Middle East & Africa Ayurvedic Products Market, By Specialty Attribute
  • Middle East & Africa Ayurvedic Products Market, By Distribution Channel
  • Middle East & Africa Ayurvedic Products Market, By Country

GCC

Israel

South Africa

Rest of Middle East & Africa

Global Ayurvedic Products Market By Key Players

The key players operating the global ayurvedic products market Emami Group, Vicco Laboratories, Patanjali Ayurved Ltd., Baidyanath Group, Dabur, Hamdard Laboratories, Charak Pharma, and Zandu Pharmaceutical Works Ltd. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market.

Global Ayurvedic Products Market By Key Issues Addressed

What is the total revenue potential of the Ayurvedic Products Market? How that market is expected to grow during the study period?

What are some of the major growth opportunities in the Ayurvedic Products Market?

Which companies are the major players in the Ayurvedic Products Market?

Global Ayurvedic Products Market By Company Profile

Emani Group

Company Overview 

Product Portfolio

Key Highlights

Financial Performance

Business Strategies

  • Vicco Laboratories
  • Patanjali Ayurved Ltd
  • Baidyanath Group
  • Dabur
  • Hamdard Laboratories
  • Charak Pharma
  • Zandu Pharmaceutical Works Ltd

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

Global Ayurvedic Products Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Ayurvedic Products Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Specialty Attribute
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Ayurvedic Products Market, By Product Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Personal Care
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Healthcare Products
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Ayurvedic Products Market, By Specialty Attribute, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Organic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Vegan
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • GMO-Free
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Ayurvedic Products Market, By Distribution Channel, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Super/Hypermarket
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Speciality Retailers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Convenience Stores
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Drug Stores
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • E-commerce
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Ayurvedic Products Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Specialty Attribute, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Specialty Attribute, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Specialty Attribute, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Specialty Attribute, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Specialty Attribute, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • Emani Group
        • Company Overview
        • Product and Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Vicco Laboratories
      • Patanjali Ayurved Ltd
      • Baidyanath Group
      • Dabur
      • Hamdard Laboratories
      • Charak Pharma
      • Zandu Pharmaceutical Works Ltd
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Ayurvedic Products Market is segmented into product type, speciality Attribute, Distribution Channel, and Region.

Global restraints may include challenges related to standardization of Ayurvedic formulations, limited scientific validation of certain products, and variations in regulatory frameworks across different regions.

The market is primarily driven by increasing consumer awareness of natural and holistic healthcare solutions, the growing popularity of Ayurvedic beauty and wellness products, and the preference for chemical-free alternatives.

The report considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Ayurvedic Products Market.

The key players in the target market include Vicco Laboratories, Patanjali Ayurved Ltd, Baidyanath Group, Dabur, Hamdard Laboratories, Charak Pharma, and Zandu Pharmaceutical Works Ltd.