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Global Ayurvedic Herbs Market Size Study, by Herb Type (Withania Somnifera, Frankincense, Indian Gooseberry, Bacopa Monnieri, Turmeric, Cumin, Bitter Melon, Others), by Form (Raw, Capsules/Tablets, Extracts), by Disease Indication (Cardiovascular Diseases, Inflammatory Diseases, Diabetes, Infectious Diseases, Auto-Immune Diseases, Skin Diseases, Others), by Distribution Channel (Business to Business, Business to Consumer) and Regional Forecasts 2022-2032

July 2024 | 200 pages | ID: G9DAC9530F3AEN
Bizwit Research & Consulting LLP

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The Global Ayurvedic Herbs Market is valued approximately at USD 10.54 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 10.92% over the forecast period 2024-2032. Ayurvedic herbs form a cornerstone of traditional Indian medicine, offering diverse health benefits including improved digestion, mental health, and management of diabetes, infectious diseases, and cardiovascular conditions. The rising consumer preference for Ayurvedic products is driven by increasing awareness about their benefits, concerns over the side effects of allopathy, and the growing availability of these products. The market's expansion is further bolstered by the COVID-19 pandemic, which has heightened consumer interest in health products that boost immunity. Ayurvedic herbs, renowned for their natural healing properties, have seen increased demand, particularly as consumers seek to strengthen their immune systems. This trend is expected to continue, presenting significant growth opportunities for market players.

The rising awareness regarding the benefits of Ayurvedic medicine is significantly driving the demand for the Ayurvedic herbs market. Consumers are increasingly turning towards natural and holistic health remedies, recognizing Ayurveda's potential in promoting wellness and treating various ailments without the side effects associated with conventional medicine. This shift is bolstered by extensive research highlighting the efficacy of Ayurvedic herbs in managing chronic conditions, enhancing immunity, and improving overall health. Additionally, the global trend towards sustainable and organic products aligns with Ayurveda's principles of using natural ingredients. The increasing endorsements from health influencers and the integration of Ayurvedic practices in wellness centers and spas further propel market growth. Governments and health organizations are also promoting traditional medicine systems, enhancing the credibility and acceptance of Ayurveda. Thus, the burgeoning interest in natural health solutions continues to expand the Ayurvedic herbs market globally.

The key regions considered for the Global Ayurvedic Herbs Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. In 2023, the Asia-Pacific region dominated the Ayurvedic Herbs Market and is projected to grow at the fastest rate during the forecast period. This growth is driven by a strong cultural heritage and long-standing tradition of using Ayurveda in countries like India, which is the birthplace of this ancient healing system. Increasing consumer awareness about the health benefits of natural and holistic treatments fuels the demand for Ayurvedic products. Additionally, rising disposable incomes and improving healthcare infrastructure across the region make these products more accessible to a broader population. Government initiatives promoting traditional medicine and the integration of Ayurveda into modern healthcare systems further bolster market growth. The expanding export market for Ayurvedic herbs, supported by rigorous quality standards and certifications, enhances the region's global market presence.

Major market players included in this report are:

Colgate-Palmolive Company

Dabur India Ltd.

Emami Limited

Kairali Ayurvedic Group

P&G

Patanjali Ayurved Limited

Shahnaz Ayurveda Pvt. Ltd

Shree Baidyanath Ayurveda Bhawan Pvt. Ltd

The Himalaya Drug Company

Unilever

The detailed segments and sub-segment of the market are explained below:

By Herb Type:

Withania Somnifera (Ashwagandha)

Frankincense (Boswellia)

Indian Gooseberry (Triphala)

Bacopa Monnieri (Brahmi)

Turmeric

Cumin

Bitter Melon

Others

By Form:

Raw

Capsules/Tablets

Extracts

By Disease Indication:

Cardiovascular Diseases

Inflammatory Diseases

Diabetes

Infectious Diseases

Auto-Immune Diseases

Skin Diseases

Others

By Distribution Channel:

Business to Business

Business to Consumer

By Region:

North America

U.S.

Canada

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

Australia

India

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL AYURVEDIC HERBS MARKET EXECUTIVE SUMMARY

1.1. Global Ayurvedic Herbs Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Herb Type
  1.3.2. By Form
  1.3.3. By Disease Indication
  1.3.4. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL AYURVEDIC HERBS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL AYURVEDIC HERBS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Awareness Regarding Ayurvedic Benefits
  3.1.2. Growing Disposable Income
  3.1.3. Increased Availability of Ayurvedic Products
3.2. Market Challenges
  3.2.1. Lack of R&D for High Yielding Varieties
  3.2.2. Irregular Supply of Raw Material
3.3. Market Opportunities
  3.3.1. Increased Knowledge about Natural Ingredients
  3.3.2. Rising Demand in Developed Countries
  3.3.3. Growing Trend of Immunity-Boosting Products Post-COVID-19

CHAPTER 4. GLOBAL AYURVEDIC HERBS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AYURVEDIC HERBS MARKET SIZE & FORECASTS BY HERB TYPE 2022-2032

5.1. Segment Dashboard
5.2. Global Ayurvedic Herbs Market: Herb Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Withania Somnifera (Ashwagandha)
  5.2.2. Frankincense (Boswellia)
  5.2.3. Indian Gooseberry (Triphala)
  5.2.4. Bacopa Monnieri (Brahmi)
  5.2.5. Turmeric
  5.2.6. Cumin
  5.2.7. Bitter Melon
  5.2.8. Others

CHAPTER 6. GLOBAL AYURVEDIC HERBS MARKET SIZE & FORECASTS BY FORM 2022-2032

6.1. Segment Dashboard
6.2. Global Ayurvedic Herbs Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Raw
  6.2.2. Capsules/Tablets
  6.2.3. Extracts

CHAPTER 7. GLOBAL AYURVEDIC HERBS MARKET SIZE & FORECASTS BY DISEASE INDICATION 2022-2032

7.1. Segment Dashboard
7.2. Global Ayurvedic Herbs Market: Disease Indication Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. Cardiovascular Diseases
  7.2.2. Inflammatory Diseases
  7.2.3. Diabetes
  7.2.4. Infectious Diseases
  7.2.5. Auto-Immune Diseases
  7.2.6. Skin Diseases
  7.2.7. Others

CHAPTER 8. GLOBAL AYURVEDIC HERBS MARKET SIZE & FORECASTS BY DISTRIBUTION CHANNEL 2022-2032

8.1. Segment Dashboard
8.2. Global Ayurvedic Herbs Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Business to Business
  8.2.2. Business to Consumer

CHAPTER 9. GLOBAL AYURVEDIC HERBS MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America Ayurvedic Herbs Market
  9.1.1. U.S. Ayurvedic Herbs Market
    9.1.1.1. Herb Type breakdown size & forecasts, 2022-2032
    9.1.1.2. Form breakdown size & forecasts, 2022-2032
    9.1.1.3. Disease Indication breakdown size & forecasts, 2022-2032
    9.1.1.4. Distribution Channel breakdown size & forecasts, 2022-2032
  9.1.2. Canada Ayurvedic Herbs Market
9.2. Europe Ayurvedic Herbs Market
  9.2.1. Germany Ayurvedic Herbs Market
  9.2.2. UK Ayurvedic Herbs Market
  9.2.3. France Ayurvedic Herbs Market
  9.2.4. Italy Ayurvedic Herbs Market
  9.2.5. Spain Ayurvedic Herbs Market
  9.2.6. Rest of Europe Ayurvedic Herbs Market
9.3. Asia-Pacific Ayurvedic Herbs Market
  9.3.1. China Ayurvedic Herbs Market
  9.3.2. Japan Ayurvedic Herbs Market
  9.3.3. Australia Ayurvedic Herbs Market
  9.3.4. India Ayurvedic Herbs Market
  9.3.5. South Korea Ayurvedic Herbs Market
  9.3.6. Rest of Asia Pacific Ayurvedic Herbs Market
9.4. Latin America Ayurvedic Herbs Market
  9.4.1. Brazil Ayurvedic Herbs Market
  9.4.2. Mexico Ayurvedic Herbs Market
  9.4.2. Rest of Latin America Ayurvedic Herbs Market
9.5. Middle East & Africa Ayurvedic Herbs Market
  9.5.1. Saudi Arabia Ayurvedic Herbs Market
  9.5.2. South Africa Ayurvedic Herbs Market
  9.5.3. Rest of Middle East & Africa Ayurvedic Herbs Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. Colgate-Palmolive Company
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Dabur India Ltd.
  10.3.3. Emami Limited
  10.3.4. Kairali Ayurvedic Group
  10.3.5. P&G
  10.3.6. Patanjali Ayurved Limited
  10.3.7. Shahnaz Ayurveda Pvt. Ltd
  10.3.8. Shree Baidyanath Ayurveda Bhawan Pvt. Ltd
  10.3.9. The Himalaya Drug Company
  10.3.10. Unilever

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Ayurvedic Herbs market, report scope
TABLE 2. Global Ayurvedic Herbs market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Ayurvedic Herbs market estimates & forecasts by Herb Type 2022-2032 (USD Billion)
TABLE 4. Global Ayurvedic Herbs market estimates & forecasts by Form 2022-2032 (USD Billion)
TABLE 5. Global Ayurvedic Herbs market estimates & forecasts by Disease Indication 2022-2032 (USD Billion)
TABLE 6. Global Ayurvedic Herbs market estimates & forecasts by Distribution Channel 2022-2032 (USD Billion)
TABLE 7. Global Ayurvedic Herbs market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Ayurvedic Herbs market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Ayurvedic Herbs market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Ayurvedic Herbs market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Ayurvedic Herbs market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Ayurvedic Herbs market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Ayurvedic Herbs market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. U.S. Ayurvedic Herbs market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Ayurvedic Herbs market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 16. U.S. Ayurvedic Herbs market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. Canada Ayurvedic Herbs market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 18. Canada Ayurvedic Herbs market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Ayurvedic Herbs market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Ayurvedic Herbs market, research methodology
FIG 2. Global Ayurvedic Herbs market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Ayurvedic Herbs market, key trends 2023
FIG 5. Global Ayurvedic Herbs market, growth prospects 2022-2032
FIG 6. Global Ayurvedic Herbs market, porters 5 force model
FIG 7. Global Ayurvedic Herbs market, PESTEL analysis
FIG 8. Global Ayurvedic Herbs market, value chain analysis
FIG 9. Global Ayurvedic Herbs market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Ayurvedic Herbs market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Ayurvedic Herbs market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Ayurvedic Herbs market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Ayurvedic Herbs market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Ayurvedic Herbs market, regional snapshot 2022 & 2032
FIG 15. North America Ayurvedic Herbs market 2022 & 2032 (USD Billion)
FIG 16. Europe Ayurvedic Herbs market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Ayurvedic Herbs market 2022 & 2032 (USD Billion)
FIG 18. Latin America Ayurvedic Herbs market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Ayurvedic Herbs market 2022 & 2032 (USD Billion)
FIG 20. Global Ayurvedic Herbs market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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