Market Overview:
The global ayurvedic preparations market is expected to register a CAGR of 7.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing awareness about the benefits of ayurveda and its products, and rising demand for natural and organic products. Based on type, the global ayurvedic preparations market is segmented into health care and others. Health care dominated the global market in 2017 with a share of more than 60%. This segment is projected to grow at a CAGR of 8% during the forecast period. The growth can be attributed to an increase in awareness about preventive healthcare among consumers across all age groups. Others segment includes dietary supplements, personal care products, etc., which are expected to grow at a CAGR of 9% during 2018-2030. Based on application, women held majority share in 2017 followed by men and kids segments respectively. However, men’s application segment is projected to grow at highest CAGR over next 10 years owing growing trend among males for using herbal/ayurvedic supplements for better health & fitness outcomes .Kids application segment is also anticipated witness healthy growth rate due rising incidences pediatric problems such as obesity & allergies across globe .Thus , overall demand for ayurvedic preparations across all applications are estimated witness robust expansion over next decade .
Product Definition:
Ayurvedic preparations are herbal remedies that have been used in Ayurveda, a traditional Indian system of medicine, for centuries. Ayurveda is based on the belief that health and wellness depend on balance among the body's three doshas: vata, pitta, and kapha. Ayurvedic preparations are believed to restore balance to the body by correcting imbalances in the doshas. They are typically taken as teas or tinctures. The use of ayurvedic preparations is considered important because they can help correct imbalances in the body before they lead to disease.
Health Care:
Health care is the most important factor in Ayurveda. It's a vital force that protects and maintains the well-being of an individual. Health care includes diagnosis, treatment, rehabilitation and maintenance of human health through natural means without any side effects on consciousness or body. Ayurveda regards health as a state of balance where every function, glandular system and organ are functioning in coordination with each other throughout life span to ensure wellbeing of an individual.
Others:
Others is a generic name for the ingredients that are used as an adulterant or filler in herbal medicines. It includes various products such as minerals, metals, chemicals and organic substances. The most commonly used mineral is calcium carbonate which is also known as chalk. Others can be distinguished from authentic herbs and medicinal plants on account of their poor quality when compared to the former; they have low therapeutic value and prove to be rather harmful in large quantities.
Application Insights:
The women application segment accounted for the largest revenue share of more than 50% in 2017. The use of ayurvedic medicines for premenstrual syndrome, menopausal symptoms, and infertility is anticipated to drive the demand in this segment. In addition, increasing awareness regarding these products benefits associated with their usage is expected to have a positive impact on market growth over the forecast period.
The kid's application segment was valued at USD 41.0 million in 2017 owing to high product usage against diseases such as chickenpox, diarrhea & stomachache and colds & flu during children's initial years of life.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This can be attributed to growing consumer awareness regarding natural products, increasing disposable income and demand for alternative medicines. The region is expected to maintain its position during the forecast period owing to factors such as rising population, changing lifestyle habits and economic development.
North America is anticipated to witness significant growth over the forecast period owing to high demand for natural health products coupled with a large number of Ayurveda-based medical spas & clinics in U.S., which are promoting awareness about Ayurveda medicine among people living there. Moreover, due to an increase in R&D activities related ayurvedic drugs by major companies operating within this region will drive growth further (U S A).
Europe accounted for more than 20% share of overall revenue in 2017 due their strong presence within countries like Germany.
Growth Factors:
- Increasing awareness about the benefits of Ayurveda and its preparations among consumers.
- Rising disposable income of consumers, which enables them to spend on ayurvedic preparations.
- Growing demand for natural and organic products, which is benefitting the ayurvedic preparations market.
- Proliferation of online retail channels, through which ayurvedic preparations are becoming more easily accessible to consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ayurvedic Preparations Market Research Report
By Type
Health Care, Others
By Application
Women, Men, Kids
By Companies
Dabur, Emami Group, Himalaya Drug, Maharishi Ayurveda, Baidyanalh, Shahnaz Husain Group, Vicco Laboratories, Amrutanjan Healthcare, Charak Pharma, Botique, Herbal Hills, Basic Ayurveda, Natreon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Ayurvedic Preparations Market Report Segments:
The global Ayurvedic Preparations market is segmented on the basis of:
Types
Health Care, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Women, Men, Kids
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dabur
- Emami Group
- Himalaya Drug
- Maharishi Ayurveda
- Baidyanalh
- Shahnaz Husain Group
- Vicco Laboratories
- Amrutanjan Healthcare
- Charak Pharma
- Botique
- Herbal Hills
- Basic Ayurveda
- Natreon
Highlights of The Ayurvedic Preparations Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Health Care
- Others
- By Application:
- Women
- Men
- Kids
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ayurvedic Preparations Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ayurvedic preparations are a type of traditional medicine that is based on the principles of ayurveda. Ayurveda is an ancient Indian system of medicine that focuses on the prevention and treatment of disease through the use of natural remedies and therapies. Ayurvedic preparations typically contain herbs, spices, and other ingredients to help improve health.
Some of the major players in the ayurvedic preparations market are Dabur, Emami Group, Himalaya Drug, Maharishi Ayurveda, Baidyanalh, Shahnaz Husain Group, Vicco Laboratories, Amrutanjan Healthcare, Charak Pharma, Botique, Herbal Hills, Basic Ayurveda, Natreon.
The ayurvedic preparations market is expected to register a CAGR of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ayurvedic Preparations Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ayurvedic Preparations Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ayurvedic Preparations Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ayurvedic Preparations Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ayurvedic Preparations Market Size & Forecast, 2018-2028
4.5.1 Ayurvedic Preparations Market Size and Y-o-Y Growth
4.5.2 Ayurvedic Preparations Market Absolute $ Opportunity
Chapter 5 Global Ayurvedic Preparations Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ayurvedic Preparations Market Size Forecast by Type
5.2.1 Health Care
5.2.2 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ayurvedic Preparations Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ayurvedic Preparations Market Size Forecast by Applications
6.2.1 Women
6.2.2 Men
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ayurvedic Preparations Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ayurvedic Preparations Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ayurvedic Preparations Analysis and Forecast
9.1 Introduction
9.2 North America Ayurvedic Preparations Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ayurvedic Preparations Market Size Forecast by Type
9.6.1 Health Care
9.6.2 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ayurvedic Preparations Market Size Forecast by Applications
9.10.1 Women
9.10.2 Men
9.10.3 Kids
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ayurvedic Preparations Analysis and Forecast
10.1 Introduction
10.2 Europe Ayurvedic Preparations Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ayurvedic Preparations Market Size Forecast by Type
10.6.1 Health Care
10.6.2 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ayurvedic Preparations Market Size Forecast by Applications
10.10.1 Women
10.10.2 Men
10.10.3 Kids
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ayurvedic Preparations Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ayurvedic Preparations Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ayurvedic Preparations Market Size Forecast by Type
11.6.1 Health Care
11.6.2 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ayurvedic Preparations Market Size Forecast by Applications
11.10.1 Women
11.10.2 Men
11.10.3 Kids
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ayurvedic Preparations Analysis and Forecast
12.1 Introduction
12.2 Latin America Ayurvedic Preparations Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ayurvedic Preparations Market Size Forecast by Type
12.6.1 Health Care
12.6.2 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ayurvedic Preparations Market Size Forecast by Applications
12.10.1 Women
12.10.2 Men
12.10.3 Kids
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ayurvedic Preparations Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ayurvedic Preparations Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ayurvedic Preparations Market Size Forecast by Type
13.6.1 Health Care
13.6.2 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ayurvedic Preparations Market Size Forecast by Applications
13.10.1 Women
13.10.2 Men
13.10.3 Kids
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ayurvedic Preparations Market: Competitive Dashboard
14.2 Global Ayurvedic Preparations Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dabur
14.3.2 Emami Group
14.3.3 Himalaya Drug
14.3.4 Maharishi Ayurveda
14.3.5 Baidyanalh
14.3.6 Shahnaz Husain Group
14.3.7 Vicco Laboratories
14.3.8 Amrutanjan Healthcare
14.3.9 Charak Pharma
14.3.10 Botique
14.3.11 Herbal Hills
14.3.12 Basic Ayurveda
14.3.13 Natreon
