Global Ayurveda Market 2024-2028
The ayurveda market is forecasted to grow by USD 7.19 bn during 2023-2028, accelerating at a CAGR of 16.01% during the forecast period. The report on the ayurveda market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the low side effects of ayurveda medicines, rising demand for natural medicines, and increasing launches of new products.
Technavio's ayurveda market is segmented as below:
By Type
By Application
By Geographical Landscape
- Asia
- North America
- Europe
- Rest of World (ROW)
This study identifies the inclination toward herbal and natural products as one of the prime reasons driving the ayurveda market growth during the next few years. Also, an increase in a number of clinical studies demonstrating health benefits and proliferating demand for personalized herbal medicines will lead to sizable demand in the market.
The report on the ayurveda market covers the following areas:
- Ayurveda market sizing
- Ayurveda market forecast
- Ayurveda market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ayurveda market vendors that include BACFO Pharmaceuticals India Ltd., Charak Pharma Pvt. Ltd., Colgate Palmolive Co., Dabur India Ltd., Emami Ltd., Hamdard Laboratories, Himalaya Wellness Co., Isha Agro Developers Pvt. Ltd., Katra Phytochem Pvt. Ltd., Maharishi Ayurveda, Manipal Natural Pvt Ltd, NatureCode, Patanjali Ayurved Ltd., Polycare Herbals, Prakruti Pure Herbs, PUIG S.L., Shahnaz Husain, Shathayu Ayurveda Clinic, Shree Baidyanath Ayurved Bhawan Pvt., Ltd., Srisritattva, Unilever PLC, Uniray Life Sciences, Vasu Healthcare Pvt Ltd., and Vicco Laboratories. Also, the ayurveda market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.