Market Overview:
The global traditional ayurvedic medicines 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 traditional ayurvedic medicines and their rising demand among consumers across the globe. Based on type, the global traditional ayurvedic medicines market has been segmented into health care and others. Health care dominated the global traditional ayurvedic medicines market in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to factors such as growing consumer awareness about various health benefits associated with use of traditional ayurvedic medicines and increasing adoption by healthcare professionals for treatment of various diseases & disorders. Based on application, women constituted a major share of the global traditional ayurvedic medicines market in 2017 and is anticipated to maintain its dominance throughout 2030 owing to high prevalence rate of gynecological problems across different regions worldwide coupled with growing inclination towards natural remedies over conventional medications for treatment purposes. Men are projected to be fastest-growing segment during 2018-2030 due high incidence rate of lifestyle diseases such as obesity, hypertension & diabetes mellitus which are considered as major risk factors for male reproductive health issues such as infertility & low sperm count .
Product Definition:
Traditional Ayurvedic Medicines are the medicines that have been used in Ayurveda for centuries. They are made from natural ingredients and are considered to be safe and effective.
Health Care:
Health care is the set of actions and activities performed by doctors, nurses, caregivers, and other medical professionals for the purpose of promoting and maintaining health. Health care services can be delivered in various settings such as hospitals, clinics or at-home. The provision of health care services has increased over recent years due to an increase in chronic diseases globally which has led to a rise in demand for home healthcare services.
Others:
Others is a generic name for the active ingredients of pharmaceutical drugs. It includes compounds like flavanols, stilbenes, phenolic acids and tannins. These are found in various plants and herbs which make up Traditional Ayurvedic Medicines (TAM). The main aim of using others is to increase the bioavailability of the herbal medicine by enhancing its absorption properties through digestive system without changing its pharmacological effects.
Application Insights:
The women¢â‚¬â„¢s health segment dominated the market in 2017. This can be attributed to growing awareness about the availability of effective and safe traditional medicines for various female reproductive system disorders. Moreover, increasing number of gynecologists and obstetricians in developing countries like India is expected to boost product demand from 2018 to 2030.
Men¢â‚¬â„¢s health was one of the prominent segments that accounted for a significant share in 2017 due largely to rising prevalence of male infertility across the globe.
Regional Analysis:
Asia Pacific dominated the global traditional ayurvedic medicines market in 2017. This is attributed to increasing consumer awareness regarding the availability of natural products, growing population, and rising disposable income. Moreover, government initiatives for promoting traditional medicine are also expected to contribute towards industry growth over the forecast period. Increasing prevalence of lifestyle-related diseases such as diabetes and cardiac disorders has led to an increase in demand for natural products with anti-inflammatory, antioxidant and other properties that can treat these diseases naturally rather than using conventional medication that causes adverse effects or requires long term treatment.
The Asia Pacific region is home to several emerging economies including China India Japan South Korea Indonesia Thailand Vietnam etc.
Growth Factors:
- Increasing awareness about the benefits of traditional ayurvedic medicines among consumers.
- Rising demand for natural and organic products.
- Growing popularity of ayurveda as a complementary and alternative medicine (CAM) therapy.
- Availability of a wide range of traditional ayurvedic medicines products in the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Traditional Ayurvedic Medicines 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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Traditional Ayurvedic Medicines Market Report Segments:
The global Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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
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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?
Traditional Ayurvedic medicines are made from plants, herbs, and spices. They are used to treat a variety of health problems.
Some of the major players in the traditional ayurvedic medicines 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 traditional ayurvedic medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Market Size & Forecast, 2018-2028 4.5.1 Traditional Ayurvedic Medicines Market Size and Y-o-Y Growth 4.5.2 Traditional Ayurvedic Medicines Market Absolute $ Opportunity
Chapter 5 Global Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Market Size Forecast by Type
5.2.1 Health Care
5.2.2 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Analysis and Forecast
9.1 Introduction
9.2 North America Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Analysis and Forecast
10.1 Introduction
10.2 Europe Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Analysis and Forecast
12.1 Introduction
12.2 Latin America Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines 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) Traditional Ayurvedic Medicines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Traditional Ayurvedic Medicines 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) Traditional Ayurvedic Medicines 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) Traditional Ayurvedic Medicines 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 Traditional Ayurvedic Medicines Market: Competitive Dashboard
14.2 Global Traditional Ayurvedic Medicines 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