Ayurvedic Market Developments by 2031
Ayurveda is an Indian medicine system that is derived from "Ayurvedic" natural form and alternative medicine. Ayurvedic medicine is one of the world's oldest holistic healing system. It is based on the belief that health and wellness depend on the delicate balance between the mind, body, and spirit.
MARKET DYNAMICS
The ayurvedic market is anticipated to grow by the increase in awareness of the adverse effects of allopathy among consumers. However, the lack of standardization of procedures to manufacture ayurvedic products and inconsistent supply of raw materials are restraining the market growth. Moreover, expanding medical tourism across the globe is expected to benefit the growth of the market in the forecast period.
MARKET SCOPE
The "Ayurvedic Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of in ayurvedic market with detailed market segmentation by product and distribution channel and geography. The ayurvedic market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in ayurvedic market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The ayurvedic market is segmented on the basis of product and distribution channel. Based on product the market is segmented as health care products, personal care products, skin care, hair care products, oral care products and drugs. On the basis of application the market is categorized as supermarkets, pharmacies, departmental stores, beauty spa/salon, internet retailing and specialty stores.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in ayurvedic market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ayurvedic market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ayurvedic market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ayurvedic market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in ayurvedic market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ayurvedic market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ayurvedic market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the ayurvedic market in these regions.
MARKET PLAYERS
The report covers key developments in the in ayurvedic market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from in ayurvedic market are anticipated to have lucrative growth opportunities in the future with the rising demand for in ayurvedic market in the global market. Below mentioned is the list of few companies engaged in the ayurvedic market.
The report also includes the profiles of key in ayurvedic market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amrutanjan Health Care Ltd
- Charak Pharma Pvt. Ltd.
- Dabur India Limited
- Emami Limited
- Himalaya Drug Company
- Leverayush
- Patanjali Ayurved Limited
- SHREE BAIDYANATH AYURVED BHAWAN PVT. LTD.
- Vicco Laboratories
- Welex Laboratories Pvt. Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ayurvedic Market - By Product
1.3.2 Ayurvedic Market - By Distribution Channel
1.3.3 Ayurvedic Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AYURVEDIC MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. AYURVEDIC MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AYURVEDIC MARKET - GLOBAL MARKET ANALYSIS
6.1. AYURVEDIC - GLOBAL MARKET OVERVIEW
6.2. AYURVEDIC - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AYURVEDIC MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HEALTH CARE PRODUCTS
7.3.1. Overview
7.3.2. Health Care Products Market Forecast and Analysis
7.4. PERSONAL CARE PRODUCTS
7.4.1. Overview
7.4.2. Personal Care Products Market Forecast and Analysis
7.5. SKIN CARE
7.5.1. Overview
7.5.2. Skin Care Market Forecast and Analysis
7.6. HAIR CARE PRODUCTS
7.6.1. Overview
7.6.2. Hair Care Products Market Forecast and Analysis
7.7. ORAL CARE PRODUCTS
7.7.1. Overview
7.7.2. Oral Care Products Market Forecast and Analysis
7.8. DRUGS
7.8.1. Overview
7.8.2. Drugs Market Forecast and Analysis
8. AYURVEDIC MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets Market Forecast and Analysis
8.4. PHARMACIES
8.4.1. Overview
8.4.2. Pharmacies Market Forecast and Analysis
8.5. DEPARTMENTAL STORES
8.5.1. Overview
8.5.2. Departmental Stores Market Forecast and Analysis
8.6. BEAUTY SPA/SALON
8.6.1. Overview
8.6.2. Beauty Spa/Salon Market Forecast and Analysis
8.7. INTERNET RETAILING
8.7.1. Overview
8.7.2. Internet Retailing Market Forecast and Analysis
8.8. SPECIALTY STORES
8.8.1. Overview
8.8.2. Specialty Stores Market Forecast and Analysis
9. AYURVEDIC MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Ayurvedic Market Overview
9.1.2 North America Ayurvedic Market Forecasts and Analysis
9.1.3 North America Ayurvedic Market Forecasts and Analysis - By Product
9.1.4 North America Ayurvedic Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Ayurvedic Market Forecasts and Analysis - By Countries
9.1.5.1 United States Ayurvedic Market
9.1.5.1.1 United States Ayurvedic Market by Product
9.1.5.1.2 United States Ayurvedic Market by Distribution Channel
9.1.5.2 Canada Ayurvedic Market
9.1.5.2.1 Canada Ayurvedic Market by Product
9.1.5.2.2 Canada Ayurvedic Market by Distribution Channel
9.1.5.3 Mexico Ayurvedic Market
9.1.5.3.1 Mexico Ayurvedic Market by Product
9.1.5.3.2 Mexico Ayurvedic Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Ayurvedic Market Overview
9.2.2 Europe Ayurvedic Market Forecasts and Analysis
9.2.3 Europe Ayurvedic Market Forecasts and Analysis - By Product
9.2.4 Europe Ayurvedic Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Ayurvedic Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Ayurvedic Market
9.2.5.1.1 Germany Ayurvedic Market by Product
9.2.5.1.2 Germany Ayurvedic Market by Distribution Channel
9.2.5.2 France Ayurvedic Market
9.2.5.2.1 France Ayurvedic Market by Product
9.2.5.2.2 France Ayurvedic Market by Distribution Channel
9.2.5.3 Italy Ayurvedic Market
9.2.5.3.1 Italy Ayurvedic Market by Product
9.2.5.3.2 Italy Ayurvedic Market by Distribution Channel
9.2.5.4 Spain Ayurvedic Market
9.2.5.4.1 Spain Ayurvedic Market by Product
9.2.5.4.2 Spain Ayurvedic Market by Distribution Channel
9.2.5.5 United Kingdom Ayurvedic Market
9.2.5.5.1 United Kingdom Ayurvedic Market by Product
9.2.5.5.2 United Kingdom Ayurvedic Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Ayurvedic Market Overview
9.3.2 Asia-Pacific Ayurvedic Market Forecasts and Analysis
9.3.3 Asia-Pacific Ayurvedic Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Ayurvedic Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Ayurvedic Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Ayurvedic Market
9.3.5.1.1 Australia Ayurvedic Market by Product
9.3.5.1.2 Australia Ayurvedic Market by Distribution Channel
9.3.5.2 China Ayurvedic Market
9.3.5.2.1 China Ayurvedic Market by Product
9.3.5.2.2 China Ayurvedic Market by Distribution Channel
9.3.5.3 India Ayurvedic Market
9.3.5.3.1 India Ayurvedic Market by Product
9.3.5.3.2 India Ayurvedic Market by Distribution Channel
9.3.5.4 Japan Ayurvedic Market
9.3.5.4.1 Japan Ayurvedic Market by Product
9.3.5.4.2 Japan Ayurvedic Market by Distribution Channel
9.3.5.5 South Korea Ayurvedic Market
9.3.5.5.1 South Korea Ayurvedic Market by Product
9.3.5.5.2 South Korea Ayurvedic Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Ayurvedic Market Overview
9.4.2 Middle East and Africa Ayurvedic Market Forecasts and Analysis
9.4.3 Middle East and Africa Ayurvedic Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Ayurvedic Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Ayurvedic Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Ayurvedic Market
9.4.5.1.1 South Africa Ayurvedic Market by Product
9.4.5.1.2 South Africa Ayurvedic Market by Distribution Channel
9.4.5.2 Saudi Arabia Ayurvedic Market
9.4.5.2.1 Saudi Arabia Ayurvedic Market by Product
9.4.5.2.2 Saudi Arabia Ayurvedic Market by Distribution Channel
9.4.5.3 U.A.E Ayurvedic Market
9.4.5.3.1 U.A.E Ayurvedic Market by Product
9.4.5.3.2 U.A.E Ayurvedic Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Ayurvedic Market Overview
9.5.2 South and Central America Ayurvedic Market Forecasts and Analysis
9.5.3 South and Central America Ayurvedic Market Forecasts and Analysis - By Product
9.5.4 South and Central America Ayurvedic Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Ayurvedic Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Ayurvedic Market
9.5.5.1.1 Brazil Ayurvedic Market by Product
9.5.5.1.2 Brazil Ayurvedic Market by Distribution Channel
9.5.5.2 Argentina Ayurvedic Market
9.5.5.2.1 Argentina Ayurvedic Market by Product
9.5.5.2.2 Argentina Ayurvedic Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AYURVEDIC MARKET, KEY COMPANY PROFILES
11.1. AMRUTANJAN HEALTH CARE LTD
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHARAK PHARMA PVT. LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DABUR INDIA LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EMAMI LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HIMALAYA DRUG COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LEVERAYUSH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PATANJALI AYURVED LIMITED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SHREE BAIDYANATH AYURVED BHAWAN PVT. LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VICCO LABORATORIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WELEX LABORATORIES PVT. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Amrutanjan Health Care Ltd
2. Charak Pharma Pvt. Ltd.
3. Dabur India Limited
4. Emami Limited
5. Himalaya Drug Company
6. Leverayush
7. Patanjali Ayurved Limited
8. SHREE BAIDYANATH AYURVED BHAWAN PVT. LTD.
9. Vicco Laboratories
10. Welex Laboratories Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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