Market Overview:
The global ayurvedic service market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing awareness about ayurveda, rising disposable income, and growing demand for natural and organic products. In terms of type, the health care segment is expected to dominate the market during the forecast period. This can be attributed to increasing awareness about preventive healthcare and benefits of using ayurvedic medicines and therapies. In terms of application, women are expected to account for a larger share of the market during the forecast period owing to their increased inclination towards using natural ingredients in skin care products.
Product Definition:
Ayurveda is a Sanskrit word meaning "the science of life." Ayurvedic Service is the application of this knowledge to help people achieve and maintain good health.
Health Care:
Health care is the most important factor in Ayurveda service market. It's usage and growth factor are very high in ayurvedic service industry. Health care includes diagnosis, treatment, rehabilitation and preventive measures for disease management. The factors that propel the growth of health care include increasing awareness about self-health maintenance among people as well as government initiatives to provide quality medical treatment to its citizens at an affordable price are some vital factors that drive the health care market globally.
Oral Care:
Oral care is the maintenance of healthy oral environment by preventing disease, promoting healing and enhancing wellness. It includes diagnosis and treatment of dental caries (dental problems caused due to acid erosion), periodontal (gum diseases & bone loss) problems, oral cancer, stomatitis (inflammation of mouth), gingivitis (inflammation of gum & tongue), among others.
Application Insights:
The women application segment dominated the market in 2017. The use of ayurvedic products for women health care has been a practice since ages and this is likely to continue over the forecast period. Increasing awareness about natural and herbal treatments among women regarding their reproductive organs is expected to bode well for segment growth during the forecast period.
Men application segment accounted for a significant share in terms of revenue as well as volume in 2017 owing to increasing awareness regarding men's health issues, including erection problems, low sperm count, infertility etc., coupled with rising number of male patients seeking medical advice due to these issues. This trend is expected to continue over the forecast period thus contributing towards market growth during this timeframe.
In addition, increasing cases of hair fall among males above 14 years age group coupled with changing lifestyle are anticipated drive demand from men application segment over the next few years thereby contributing towards overall market development during this timeframe.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This can be attributed to growing consumer awareness regarding natural and organic products, increasing disposable income, and rising adoption of alternative medicine for treatment of various ailments. Moreover, an increase in the number of spa centers offering traditional Ayurvedic treatments is expected to bode well for regional growth during the forecast period.
North America is anticipated to witness significant growth over the forecast period owing to high demand from end-use industries such as cosmetics and personal care products manufacturing companies that are focusing on developing new product lines incorporating natural ingredients like herbs or plants extracts as a key ingredient. The region has also witnessed an increase in online purchase behavior which will further boost industry expansion over next eight years.
Europe accounted for more than 20% share of overall revenue due to high demand from countries including Germany, U K.
Growth Factors:
- Increasing awareness about the benefits of Ayurveda among consumers.
- Rising disposable income of consumers, which enables them to spend on ayurvedic services and products.
- Growing demand for natural and organic products, which is benefitting the ayurvedic service market.
- Proliferation of online platforms that offer ayurvedic services and products, thereby making these easily accessible to consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ayurvedic Service Market Research Report
By Type
Health Care, Oral Care, Hair Care, Skin Care, Others
By Application
Women, Men, Kids
By Companies
Patanjali Ayurved Limited, Dabur, Emami Group, Himalaya Drug, Maharishi Ayurveda, Baidyanath, Shahnaz Husain Group, Vicco Laboratories, Amrutanjan Healthcare, Charak Pharma, Biotique, 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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Ayurvedic Service Market Report Segments:
The global Ayurvedic Service market is segmented on the basis of:
Types
Health Care, Oral Care, Hair Care, Skin 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:
- Patanjali Ayurved Limited
- Dabur
- Emami Group
- Himalaya Drug
- Maharishi Ayurveda
- Baidyanath
- Shahnaz Husain Group
- Vicco Laboratories
- Amrutanjan Healthcare
- Charak Pharma
- Biotique
- Herbal Hills
- Basic Ayurveda
- Natreon
Highlights of The Ayurvedic Service 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
- Oral Care
- Hair Care
- Skin 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 Service 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 service is a type of health care that uses traditional Indian medicine to treat patients. Ayurveda is based on the belief that the body is composed of three elements: air, fire, and water. The ayurvedic practitioner will use massage, acupuncture, and other treatments to help restore balance in the body.
Some of the key players operating in the ayurvedic service market are Patanjali Ayurved Limited, Dabur, Emami Group, Himalaya Drug, Maharishi Ayurveda, Baidyanath, Shahnaz Husain Group, Vicco Laboratories, Amrutanjan Healthcare, Charak Pharma, Biotique, Herbal Hills, Basic Ayurveda, Natreon.
The ayurvedic service market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ayurvedic Service 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 Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ayurvedic Service 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 Service 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 Service Market Size & Forecast, 2020-2028
4.5.1 Ayurvedic Service Market Size and Y-o-Y Growth
4.5.2 Ayurvedic Service Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Health Care
5.2.2 Oral Care
5.2.3 Hair Care
5.2.4 Skin Care
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 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 Service 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 Service 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Health Care
9.6.2 Oral Care
9.6.3 Hair Care
9.6.4 Skin Care
9.6.5 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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Health Care
10.6.2 Oral Care
10.6.3 Hair Care
10.6.4 Skin Care
10.6.5 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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Health Care
11.6.2 Oral Care
11.6.3 Hair Care
11.6.4 Skin Care
11.6.5 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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Health Care
12.6.2 Oral Care
12.6.3 Hair Care
12.6.4 Skin Care
12.6.5 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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Health Care
13.6.2 Oral Care
13.6.3 Hair Care
13.6.4 Skin Care
13.6.5 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) 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 Service Market: Competitive Dashboard
14.2 Global Ayurvedic Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Patanjali Ayurved Limited
14.3.2 Dabur
14.3.3 Emami Group
14.3.4 Himalaya Drug
14.3.5 Maharishi Ayurveda
14.3.6 Baidyanath
14.3.7 Shahnaz Husain Group
14.3.8 Vicco Laboratories
14.3.9 Amrutanjan Healthcare
14.3.10 Charak Pharma
14.3.11 Biotique
14.3.12 Herbal Hills
14.3.13 Basic Ayurveda
14.3.14 Natreon
