Consumer Goods & Retailing
India Ayurveda Market Research Report Forecast to 2030
India Ayurveda Market Research Report Forecast to 2030
India Ayurveda Market Research Report Forecast to 2030
The growth of the ayurveda market is attributed to the increasing awareness associated with ayurveda through government schemes and support as well as rising strategic initiatives in the India ayurveda market. However, stringent regulatory policies are anticipated to hamper the market growth.
Ayurveda is a natural system of medicine with historical roots in the Indian subcontinent. The treatment options in ayurveda can include herbal medicines, acupuncture, yoga, massage therapy and dietary changes.
The increasing awareness associated with ayurveda through government schemes and support, as well as rising strategic initiatives are the factors that are driving the growth of the Indian ayurveda market. However, stringent regulatory policies, which is attributed to restraints on the market growth. Nonetheless, it is anticipated that the incorporation of technology in ayurveda and the rise of Ayurvedic medical tourism in India through government support is likely to create lucrative opportunities in the coming years.
Market Segmentation
Based on application, the market has been segmented into personal care and healthcare. The healthcare segment is further bifurcated into cancer treatments, respiratory disorders, mental health, nervous system disorders, diabetes, skin diseases, cardiovascular diseases, and autoimmune diseases. Based on distribution channel, the market has been segmented into supermarkets, pharmacy & drug stores, beauty salons, specialty stores, online stores, and others.
Major Players
The key market players of India Ayurveda market include Dabur Ltd, Emami Group, Amrutanjan Health Care Limited, Patanjali Ayurved, and Gufic.com
Companies Mentioned
Dabur Ltd
Emami Group
Amrutanjan Health Care Limited
Patanjali Ayurved
and Gufic.com
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