Press release
Ayurveda Market Increasing Demand, Growth Analysis and Future Outlook by 2031
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.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/ayurveda-market
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
A full report of Ayurveda Market available @ https://www.omrglobal.com/industry-reports/ayurveda-market
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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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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