Unlock What Growth Ayurvedic Market May See in Future; Participants Still Eyeing Growth in Market

Ayurvedic Market Latest Edition Published with Forecast to 2030
The article cited AMA's Global Ayurvedic Market Study explored substantial growth with CAGR of %. According the report, Increasing R&D Activities and Government Support is one of the primary growth factors for the market. Growing Awareness of the Effectiveness and Efficacy of Traditional Systems of Medicine is also expected to contribute significantly to the Ayurvedic market. Overall, Academia and Research applications of Ayurvedic, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Amrutanjan Healthcare Limited (India), Charak Pharma Pvt. Ltd. (India), Dabur (India), Emami Ltd. (India), Forest Essentials (India), Hamdard Laboratories (India), Kerala Ayurveda Ltd. (India), Patanjali Ayurved Limited (India), Shree Baidyanath Ayurved Bhawan Pvt. Ltd. (India), The Himalaya Drug Company (India) and Vicco Laboratories (India) may see astonishing sales in this Market and certainly improve revenue growth.

The Distribution Channel, such as Supermarkets, is boosting the Ayurvedic market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Ayurvedic market identified that the demand is rising in many different parts of the world as "Rise in Awareness About Ayurvedic Natural Ingredients in Health and Personal Care Products Worldwide". Furthermore, some recent industry insights like "The Indian Government set up AYUSH ministry to promote Ayurveda and traditional systems of medicine while the indian council of medical research is conducting molecular-based studies to validate the efficacy of Ayurveda medicines" is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Standardization of Procedures to Manufacture Ayurvedic Products Inconsistent Supply of Raw materials"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Ayurvedic market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Ayurvedic market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Ayurvedic market tight?
• Which application/end-user category or Product Type [Health Care Products, Personal Care Products, Skin Care, Hair Care Products, Oral Care Products and Drugs] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ayurvedic market and other related sub-markets covered in the study.

o Key & emerging players in the Ayurvedic market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Ayurvedic market size is calculated using market estimation process, the Ayurvedic market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ayurvedic market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager