Ayurvedic Market Size By Product (Drugs, Hair Care Products, Health
Care Products), By Distribution Channel (Supermarkets, Pharmacies,
Departmental Stores), By Geographic Scope And Forecast
Ayurvedic Market Size And Forecast
Ayurvedic Market size was valued at USD 6.50 Billion in 2020 and is projected to
reach USD 21.12 Billion by 2028, growing at a CAGR of 15.63% from 2021 to 2028.
The Ayurvedic Market is undergoing tremendous growth owing to the rising awareness
among the population about the side effects of allopathic medicines. Also, the ease of
availability and growing awareness about the benefits of the products are driving a
positive impact factor on market growth. Moreover, expanding medical tourism is also
contributing to boost the growth of the market. The Global Ayurvedic Market report
provides a holistic evaluation of the market for the forecast period. The report comprises
various segments as well as an analysis of the trends and factors that are playing a
substantial role in the market.
Global Ayurvedic Market Definition
Ayurveda is an ancient Indian system of medicine that arose from the word Ayurveda
which is from the hearts of Indian sub-continents. It comprises spices, natural herbs,
and plant-based medicines and is a practice of alternative medicine. Approximately 80
percent of people in India practice some form of traditional medicine, a class that
incorporates Ayurveda. These therapies are employed all over the world to serve the
goal of general wellness.
The central focus of Ayurvedic medicines is to benefit the human race to live long,
strong, and healthy, without depending upon any remedies, complicated surgeries, or
other painful interferences. The practicing nations include Sri Lanka, Nepal, and
Myanmar and as such is equivalent to Chinese and European traditional systems of
medicine. The ingredients of Ayurveda are extensively applicable in cosmetics, health
supplements, personal care products, Oral Care Products, and drugs.
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