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(Medical-NewsWire.com, September 21, 2018 ) Ayurveda is a system of medicine with historical roots in the Indian subcontinent. Globalized and modernized practices derived from Ayurveda traditions are a type of alternative medicine. In countries beyond India, Ayurveda therapies and practices have been integrated in general wellness applications and in some cases in medical use.
Globally, the demand for Ayurvedic products is on a continuous rise, which has led to the emergence of Ayurvedic centers in the U.S. and Europe. Within the Asia-Pacific region, India has attained global prominence for its wide Ayurvedic product range, thereby becoming a preferred destination for medical tourism. It holds a negligible share in the overall Ayurvedic products market, as quality standards are not maintained according to international specifications. However, the Government of India is taking initiatives to increase this share, for instance, it has setup Ministry of AYUSH to ensure the optimal development and propagation of Ayurveda. China also has history of this ancient science, and is a major market for Ayurvedic products.
Factors driving consumer preference for Ayurvedic products are rising awareness regarding their benefits, increasing cognizance about ill-effects of allopathy, easy availability, and growing disposable income. Lack of R&D for high yielding varieties, irregular supply of raw material, absence of a standardized procedure to manufacture Ayurvedic products, and safety regulations are major challenges faced by the market players. Increase in knowledge about natural ingredients in health and personal care products in developed countries, namely the U.S., Canada, Australia, Singapore, and Japan, offers growth opportunity for Ayurvedic products manufacturers.
The key players covered in this study Maharishi Ayurveda Dabur The Himalaya Drug Company Herbal Hills BioBaxy Technologies Planet Ayurveda Arvincare ...
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Market segment by Type, the product can be split into Healthcare Products Personal Care Products Skin Care Hair Care Oral Care Others
Market segment by Application, split into Women Men Kids
Market segment by Regions/Countries, this report covers United States Europe China Japan Southeast Asia India Central & South America
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Table of Content
Global Ayurvedic Medicine Market Research Report 2018-2025, by Manufacturers, Regions, Types and Applications 1 Report Overview
2 Global Growth Trends 2.1 Ayurvedic Medicine Market Size 2.2 Ayurvedic Medicine Growth Trends by Regions 2.2.1 Ayurvedic Medicine Market Size by Regions (2013-2025) 2.2.2 Ayurvedic Medicine Market Share by Regions (2013-2018) 2.3 Industry Trends 2.3.1 Market Top Trends 2.3.2 Market Drivers 2.3.3 Market Opportunities
3 Market Share by Key Players
4 Breakdown Data by Type and Application 4.1 Global Ayurvedic Medicine Market Size by Type (2013-2018) 4.2 Global Ayurvedic Medicine Market Size by Application (2013-2018)
12 International Players Profiles 12.1 Maharishi Ayurveda 12.1.1 Maharishi Ayurveda Company Details 12.1.2 Company Description and Business Overview 12.1.3 Ayurvedic Medicine Introduction 12.1.4 Maharishi Ayurveda Revenue in Ayurvedic Medicine Business (2013-2018) 12.1.5 Maharishi Ayurveda Recent Development 12.2 Dabur 12.2.1 Dabur Company Details 12.2.2 Company Description and Business Overview 12.2.3 Ayurvedic Medicine Introduction 12.2.4 Dabur Revenue in Ayurvedic Medicine Business (2013-2018) 12.2.5 Dabur Recent Development 12.3 The Himalaya Drug Company 12.3.1 The Himalaya Drug Company Company Details 12.3.2 Company Description and Business Overview 12.3.3 Ayurvedic Medicine Introduction 12.3.4 The Himalaya Drug Company Revenue in Ayurvedic Medicine Business (2013-2018) 12.3.5 The Himalaya Drug Company Recent Development
13 Market Forecast 2018-2025 13.1 Market Size Forecast by Regions 13.2 United States 13.3 Europe 13.4 China 13.5 Japan 13.6 Southeast Asia 13.7 India 13.8 Central & South America 13.9 Market Size Forecast by Product (2018-2025) 13.10 Market Size Forecast by Application (2018-2025)
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