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Ayurvedic Market to reach USD 32.62 Bn at a CAGR of 15.63 percent by 2030- Says Maximize Market Research

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Ayurvedic Market to reach USD 32.62 Bn at a CAGR of 15.63 percent by 2030- Says Maximize Market Research

May 13
18:00 2024
Ayurvedic Market to reach USD 32.62 Bn at a CAGR of 15.63 percent by 2030- Says Maximize Market Research
Ayurvedic Market
The Global Ayurvedic Market is witnessing substantial growth driven by the changes in consumer preferences that have a significant impact on the demand for Ayurvedic. The Ayurvedic Market is segmented into Mode of sales, Product, Application, and Distribution Channel for a better understanding of the market structure.

Maximize Market Research, a leading Life Science business consultancy and research firm has published a report on the “Ayurvedic Market”. The total market opportunity for Ayurvedic Market was USD 11.80 Bn in 2023 and is expected to grow at a CAGR of 15.63 percent through the forecast period, reaching USD 32.62 Bn by 2030. As per the report, the global Ayurvedic Market is expected to be dominated by the Asia-Pacific regions at a significant growth rate through the forecast period.

Global Ayurvedic Market Report Scope and Research Methodology

Market Size in 2023: USD 11.80 Billion

Market Size in 2030: USD 32.62 Billion

CAGR: 15.63 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 216

No. of Tables: 139

No. of Charts and Figures: 192

Segment Covered: By Mode of sales, Product, Application, and Distribution Channel

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs

Global Ayurvedic Market Scope and Research Methodology

The Ayurvedic Market Analysis is a bottom-up approach that looks closely at the market structure and competitive landscape to estimate the size and growth of the industry. This is only one of the several components that the investigation has looked at. The main findings highlight the elements that drive market growth both domestically and globally, point out obstacles to more growth, and sketch opportunities that will arise from future technology advancements. Regional research aims to comprehend market leaders, penetration, and demographic impacts on the industry. Segmenting and sectoring the market allows for more insight into producers and target audiences, as well as aids in the creation of more targeted advertising campaigns. An assessment of the level of competition in the Ayurvedic industry is made using a competitive matrix that takes into account both long-standing companies and more recent arrivals. A summary of each company’s key information is provided in the report, including revenue, financial position, technical developments, changes made recently, mergers, alliances, joint ventures, and marketing plans.

Ayurvedic Market Overview

The Ayurveda Medicines Market is growing because of low side effects and demand for natural healthcare solutions. However, challenges like limited awareness in Western regions, inadequate raw material availability, and stringent regulatory frameworks hinder growth. To overcome these obstacles, efforts to educate consumers and healthcare professionals, enhance supply chains, and navigate regulatory complexities are crucial. This are help the market continue to grow.

Ayurvedic Market Dynamics

The Ayurvedic market is experiencing growth because of the increasing popularity of natural and herbal products, awareness of the health benefits of Ayurvedic practices like yoga, meditation, and mindfulness, and the rise of e-commerce and online marketplaces. Government support and investment in Ayurvedic research and development have also contributed to the creation of new and innovative products. Growing consumer awareness of and desire for ayurvedic cosmetics, growing demand for natural and organic goods, and an increase in medical tourism are some of the factors propelling market growth. Organic skincare is becoming more popular, and the market for anti-aging and wrinkle treatments is expected to grow.

Ayurvedic Market Regional Insights

The Asia-Pacific Ayurveda Market is projected to grow at 2024 to 2030 because of the general history of herbal medicine developed by nations like Indonesia, India, Sri Lanka, and Myanmar. The region is expected to be the dominant market in the global Ayurvedic medicines market, with India being the dominant market. The market is expected to grow as local and global Ayurvedic medicines manufacturers implement technology advancements. The Ayurvedic Medicines markets in South and East Asia are expected to rise because of major global players’ increasing offerings of Ayurvedic medicines and herbal products.

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Ayurvedic Market Segmentation

by Mode of sales      

  • Retail Sale
  • Online Sale

by Product    

  • Personal Care Products
  • Hair Care & Fragrances
  • Skin Care
  • Oral Care
  • Make-Up
  • Healthcare Products
  • Ayurvedic Medicines
  • Ayurvedic Nutraceuticals
  • Dietary Supplements

Based on Product, The ayurveda market is dominated by the personal care products segment, driven by increased awareness, lifestyle changes, and women’s purchasing power. The market is subdivided into Personal Care Products, Hair Care & Fragrances, Skin Care, Oral Care, Make-Up, Healthcare Products, Ayurvedic Medicines, Ayurvedic Nutraceuticals, and Dietary Supplements.

by Application

  • Cancer Treatments
  • Respiratory Disorders
  • Mental Health
  • Nervous System Disorders
  • Diabetes
  • Skin Diseases
  • Cardiovascular Diseases
  • Autoimmune Diseases
  • Other Applications

by Distribution Channel      

  • Supermarkets
  • Pharmacy & Drug Stores
  • Direct Selling
  • Beauty Salons
  • Specialty Stores
  • Internet Retailing
  • Departmental Stores
  • Other Distribution Channels

Based on Distribution Channel, The Ayurveda market is divided into supermarkets, pharmacy & drug stores, direct selling, beauty salons, specialty stores, internet retailing, departmental stores, and other distribution channels. Supermarkets, which sell Ayurveda products or services through various channels, are expected to have the largest market share during the forecast period 2024 to 2030.

Ayurvedic Market Key Competitors include:

North America

  • Ayurvedic LifeStyles Inc.
  • NutraIngredients-USA
  • americanayurveda
  • Maharishi AyurVeda Products International, Inc.


  • uniliver (lever ayush)


  • Zanducare
  • welex laboratories pvt. ltd
  • Khadi Natural
  • Surya Herbal Limited
  • Shree Dhootapapeshwar Ltd.
  • Vicco Laboratories
  • Shree Baidyanath Ayurved Bhawan Pvt. Ltd.
  • Forest Essentials
  • Dabur India Ltd.
  • Patanjali Ayurved Limited
  • Hamdard Laboratories
  • Emami Ltd.
  • BACFO Pharmaceuticals Ltd.
  • Charak Pharma
  • The Himalaya Drug Company
  • Herbal Hills


  • macbiosciences
  • inc

Key questions answered in the Ayurvedic Market are:

  • What are the growth prospects in developing countries for the Ayurvedic Market ?
  • Which segment is expected to witness the fastest growth and why in the Ayurvedic Market ?
  • What are the factors affecting growth in the Ayurvedic Market ?
  • Who held the largest market share in the Ayurvedic Market ?
  • What are the opportunities for the Ayurvedic Market ?
  • What are the strategies used by competitors in the Ayurvedic Market ?
  • What are Global Ayurvedic Market Devices?
  • What is the current growth rate of the Ayurvedic Market ?
  • Who are the key players in the Ayurvedic Market ?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by Different Segments | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Mode of sales, Product, Application, Distribution Channel, and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Life Science research firm, has also published the following reports:

Life Science and Analytical Instruments Market – The market size is expected to reach USD 121.69 Bn by 2029 at a CAGR of 6.9 percent during the forecast period. analytical instrument, increasing food, environmental safety concerns and proteomics market, availability of investments on life science research, these factors provide huge growth opportunities for the market players.

Life Science Reagents Market– The market size is expected to reach USD 94.27 Bn by 2030 at a CAGR of 9.26 percent during the forecast period. The life science industry is enhancing the growth of the global life science reagents market.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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