Ayurvedic Herbs Market

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2. According to a new report published by Allied Market Research, titled, “Ayurvedic herbs Market by Herb type, Form, Disease Indication, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2028,” The global Ayurvedic herbs market size was valued at $9.5 billion in 2020 and is anticipated to reach $21.6 billion by 2028, with a CAGR of 10.8% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $12 billion from 2020 to 2028. The Ayurvedic herbs market growth is propelled by rise in consumer health consciousness and improved distribution network. Consumers are prepared to pay more for those products that provide health advantages, and this awareness is expected to be a driver for the Ayurvedic herbs products market development. Ayurvedic Herbs and its products are still in nascent stages in various western countries such as Argentina, Canada, and Peru along with other developing regions. Growing attention to alternative medicine is creating opportunities and Ayurvedic herbs market trends for the natural ingredients in coming years. There is an opportunity for suppliers of natural ingredients in developing countries, especially since some ingredients are not grown in Europe. Turmeric, for example, is indigenous to South Asia and is now finding applications in supplements and in medical products. Like turmeric, many other botanicals and essential oils used in natural health products simply cannot be grown in Europe. • Ayurvedic Herbs Market Download Report Sample

3. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/12359 • Frontrunners in the industry- • Colgate-Palmolive Company • Dabur India Ltd • Emami Limited • KairaliAyurvedic Group • P&G • PatanjaliAyurved Limited • Shahnaz Ayurveda Pvt. Ltd • Shree Baidyanath Ayurveda Bhawan Pvt. Ltd • The Himalaya Drug Company • Unilever • Ayurvedic Herbs Market Download Report Sample

4. Ayurvedic Herbs Market The Ayurvedic herbs market is segmented on the basis of herb type, form, disease indication, distribution channel and region. By herb type, it is categorized into WithaniaSomnifera (Ashwagandha), Frankincense (Boswellia), Indian Gooseberry (Triphala), BacopaMonnieri (Brahmi), turmeric, cumin, bitter melon, and others. By form, it is categorized into raw, capsule/tablets and extracts. By disease indication, it is divided into cardiovascular diseases, inflammatory diseases, diabetes, infectious diseases, auto-immune diseases, skin diseases, and others. Based on distribution channel, the market is segmented into business to business and business to consumer. According to the Ayurvedic herbs market analysis on the basis of herb type, the Withaniasomnifera (Ashwagandha) segment accounted for the maximum Ayurvedic herbs market share in the 2020. Based on form, the capsules/tablets segments is expected to gain a major demand from the consumer during the forecast period. Based on disease indication, skin diseases segment held the major share in the market and is likely to remain dominant throughout the Ayurvedic herbs market forecast period. By distribution channel, business to consumer segment are gaining popularity due to the availability of broad range of consumer goods under a single roof, in addition to ample parking space and convenient operation timings. Download Report Sample

5. Region wise, Asia-Pacific held the major share of 48.8% in the Ayurvedic herbs market in 2020, owing to positive economic trends, rise in import, and increase in consumption of Ayurvedic herbs products. • Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/9f26a434665d167a2980f8ab294f4174 • Key findings of the study • Based on herb type, The WithaniaSomnifera segment was valued at $2.3 billion and is expected to grow with a CAGR of 10% from 2021 to 2028, to reach $5.0 billion by 2028. • Based on form, Extracts segment witness a major annual growth rate of 10.9%. • Based on disease indication, the skin diseases held the major share and is expected to remain dominant throughout the forecast period. • Based on distribution channel, Business to consumer held the major share of 64.9% in 2020. • Region wise, North America witnessed a major annual growth rate of 11.5%. • Ayurvedic Herbs Market Download Report Sample

6. Covid-19 scenario- • The outbreak of Covid-19 led to the enforcement of lockdown in almost all the countries across the world. It caused significant hardship to several industrial verticals along with the Ayurvedic Herbs Market. There were huge disruptions in the supply chain as well. • Nevertheless, the government bodies are now coming up with relaxations on the existing regulations to help different sectors get back on their feet yet again. • Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/12359 • Ayurvedic Herbs Market Download Report Sample

7. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Ayurvedic Herbs Market Download Report Sample

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