Ayurveda & Herbal: Needed Re-Search Or Research
Bestowed with vast plant biodiversity, India has the world's oldest and largest traditional system of medicine, where the Indian system of medicine includes various systems such as Ayurveda, Siddha, Unani, Homeopathy, Yoga and Naturopathy. While other medicines hold their own significance amongst the demography, Ayurveda and Herbal products are also being sought at a decent rate by greater fragment of the demography today, with people tending to have a holistic approach to health and wellness. Today, nearly 75 percent of people in India use some form of traditional medicine, a category that includes Ayurveda.
According to IMARC Group, while the India ayurvedic products market reached a value of Rs.515.5 billion in 2021, it is expected of the market to touch a value of Rs.1,536.9 billion by 2027, exhibiting a CAGR of 19.78 percent during 2022-2027. Faced with the uncertainties of COVID-19, directly and indirectly, it is observing stability and growth again. Additionally, the India herbal products market is projected to grow at a CAGR of 18 percent during 2019 2024. This growth in ayurvedic and herbal products market is led by the consumer preference shifting towards safe, natural and luxurious products due to increase in disposable income and rising popularity of plant-based ingredients. There are a deluge of Ayurvedic and Herbal Products manufacturers established and upcoming contributing to scaling up the Ayurvedic and Herbal Products' market, but if one were to list down some it would be a challenging task.
Making it easier, Siliconindia Healthcare in this issue presents a list of `10 Most Promising Ayurvedic &Herbal Products Manufacturers - 2022' who have leveraged their extensive industry expertise and experience in offering high quality Ayurvedic and Herbal Products in the industry. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts, and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products.
According to IMARC Group, while the India ayurvedic products market reached a value of Rs.515.5 billion in 2021, it is expected of the market to touch a value of Rs.1,536.9 billion by 2027, exhibiting a CAGR of 19.78 percent during 2022-2027. Faced with the uncertainties of COVID-19, directly and indirectly, it is observing stability and growth again. Additionally, the India herbal products market is projected to grow at a CAGR of 18 percent during 2019 2024. This growth in ayurvedic and herbal products market is led by the consumer preference shifting towards safe, natural and luxurious products due to increase in disposable income and rising popularity of plant-based ingredients. There are a deluge of Ayurvedic and Herbal Products manufacturers established and upcoming contributing to scaling up the Ayurvedic and Herbal Products' market, but if one were to list down some it would be a challenging task.
Making it easier, Siliconindia Healthcare in this issue presents a list of `10 Most Promising Ayurvedic &Herbal Products Manufacturers - 2022' who have leveraged their extensive industry expertise and experience in offering high quality Ayurvedic and Herbal Products in the industry. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts, and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products.
