Global Ayurvedic Nutraceuticals and Dietary Supplements Market

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

Report ID: SQMIG30I2367 | Region: Global | Published Date: July, 2001
Pages: 165 | Tables: 96 | Figures: 76

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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 ayurvedic nutraceuticals and dietary supplements market is highly fragmented, with numerous small and major companies competing on price and quality. 'Dabur India Ltd.', 'Himalaya Drug Company', 'Patanjali Ayurved Ltd.', 'Amway Corporation', 'Baidyanath Ayurved Bhawan Pvt. Ltd.', 'Charak Pharma Pvt. Ltd.', 'Emami Ltd.', 'Hamdard Laboratories India', 'Vicco Laboratories', 'Organic India Pvt. Ltd.', 'Kerala Ayurveda Ltd.', 'Zandu Realty Ltd.', 'Nutraceutical International Corporation', 'Natreon Inc.', 'Natura Biotechnol Pvt. Ltd.', 'Nature's Life', 'Bio-Botanica Inc.', 'The Himalaya Drug Company USA', 'Sundial Brands LLC', 'Gaia Herbs Inc.'

The demand for plant-based products has skyrocketed. The vast majority of natural and Ayurvedic substances are of plant or non-animal origin. Vegetarianism is well-established and influences supplement selections made by customers. In response to this need, vegetarian polymer—cellulose based capsules known as HPMC are now commercially accessible (hydroxypropyl methylcellulose).

Significant Health Benefits to Human Health: The health benefits associated with ayurvedic ingredients is driving the demand for ayurvedic nutraceuticals market.

Geographically, Asia Pacific, particularly India, is expected to be the dominant market in the Ayurvedic medicines market as the originator and birthplace of the world's Ayurvedic medicines markets. Furthermore, the Ayurvedic medicines market would expand as a result of technology advancements used by local and Ayurvedic medicines manufacturers in India and other regions.

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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

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