Global Ayurveda market is anticipated to grow at a CAGR of 25.2% during the forecast period (2024–2031). The increasing support from state-run organizations to sustain the Ayurveda industry through policies, schemes, and regulations is a key factor driving the global market growth. The support is aimed at strengthening the roots of ancient medicinal practices across the globe and innovating medicinal practices to cure modern-day ailments. For instance, a budget of $464.68 million is set aside for the next five years for Ayush Wellness Centers under the National Ayush Mission. The center has contributed to the wellness sector by revamping the existing 1.5 lakh health centers across the country.

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India, a pioneer of the industry is constantly investing and is being relied upon by international organizations to develop and grow the industry's R&D and infrastructure for global consumption. For instance, in November 2020, the World Health Organization (WHO) selected India to set up a traditional medicine center to strengthen research, training, and awareness of Ayurveda. After the announcement, the Indian PM inaugurated two ayurveda institutions: the Institute of Teaching and Research in Ayurveda (ITRA), Jamnagar (Gujarat), and the National Institute of Ayurveda (NIA), Jaipur (Rajasthan).

Global Ayurveda Market Report Segment 

By Formulation

Herbal
Mineral
Herbo-Mineral

By Application

Medical/Therapy
Personal Care

By Distribution Channel

Retail Stores
Supermarkets
Online Marketplaces

By End-User

Healthcare
Academia & Research

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Ayurveda Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Amrutanjan Health Care Ltd.
Arizone International LLP.
Baidyanath Ayurved
Bio Veda Action Research Co.
Cholayil Pvt. Ltd.
Emami Ltd.
Elzac Herbals India
Hamdard Laboratories
Himalaya Wellness Co.
Kairali Ayurvedic Group

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