Ayurvedic Nutraceuticals And Dietary Supplements Market Size, Share, Growth Analysis, By Target consumer(Infant, Children), By Form(Tablets, Powder), By Distribution Channel(Pharmacies, Drug Stores) - Industry Forecast 2024-2031

Ayurvedic Nutraceuticals And Dietary Supplements Market size was valued at USD 266.24 billion in 2019 and is poised to grow from USD 286.21 billion in 2023 to USD 548.73 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

The global market for Ayurvedic Nutraceuticals and Dietary Supplements is primarily being driven by a strong demand for non-traditional medicinal products to obtain better outcomes than those obtained from conventional pharmaceutical treatments. Additionally, many governments around the world supply herbal products at prices that are comparably lower than those of synthetically produced medicines, making it simpler for people with limited disposable means to purchase them. 

The global market for herbal medicinal products is also being significantly driven by rising awareness of the advantages of allopathic medications. Finally, a lot of goods are being introduced that contain botanical components to provide them medical characteristics. As a result, from a commodity-based perspective, these commodities are also powerfully propelling the worldwide market for Ayurvedic Nutraceuticals and Dietary Supplements market. 
Due to their "natural" designation, ayurvedic supplements are becoming more and more popular. In order to improve their health, consumers are choosing dietary supplements and ayurvedic nutraceuticals. The global market for ayurvedic nutraceuticals and dietary supplements has consequently expanded as a result of rising prices for medical and dietary goods.

Consumers are being pushed to live healthier lives by an increased sedentary lifestyle. There are an increasing number of mental and physical health issues. Nowadays, a high number of people are looking for safer, healthier, and more affordable options. Because more people are aware of them, ayurvedic nutraceuticals and dietary supplements are becoming more popular.

US Ayurvedic Nutraceuticals And Dietary Supplements Market  is poised to grow at a sustainable CAGR for the next forecast year.