Ayurveda Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Ayurveda Market Report is Segmented by Form (Herbal, Herbomineral, and Mineral), Indication (Skin and Hair, Gastrointestinal, and Others), Application (Medicinal and Personal Care), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Market Sizes and Forecasts in Value (USD) for the Above Segments.

Ayurveda Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ayurveda Market Size

Ayurveda Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 19.29 Billion
Market Size (2030) USD 46.32 Billion
CAGR (2025 - 2030) 19.14 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration Low

Major Players

Ayurveda Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ayurveda Market with other markets in Healthcare Industry

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

Device Drug Combination

Ayurveda Market Analysis

The Ayurveda Market size is estimated at USD 19.29 billion in 2025, and is expected to reach USD 46.32 billion by 2030, at a CAGR of 19.14% during the forecast period (2025-2030).

Ayurveda Market Overview

Strategic corporate activities and regulatory developments are also reshaping the Ayurveda market’s landscape. Notable merger and acquisition activities are driving industry consolidation, as evidenced by Mankind Pharma's strategic acquisition of a majority stake in Upakarma Ayurveda Private Limited in November 2022. The regulatory environment is evolving with the implementation of stricter Good Manufacturing Practice (GMP) standards globally, ensuring higher quality control in Ayurvedic product manufacturing. E-commerce platforms are playing an increasingly vital role in market expansion, with major players like Amazon India launching dedicated Ayurvedic product storefronts, significantly improving product accessibility and visibility.

International trade dynamics are showing robust growth in the Ayurvedic sector. India's export of Ayurvedic and herbal products has shown remarkable growth, reflecting the increasing global demand for traditional Indian medicine. Academic institutions and research organizations are strengthening their focus on Ayurvedic research, as demonstrated by the All India Institute of Ayurveda's expansion of partnerships to over 15 international and 35 national organizations by December 2022, fostering collaborative research programs and evidence-based studies. 

Ayurveda Market Form Segment Analysis

Herbal Segment in Ayurveda Market

The herbal segment dominates the Ayurveda market, commanding approximately 65% of the market share in 2024. This substantial market position is attributed to the segment's extensive product portfolio, which includes traditional herbs, powders, and extracts used in various Ayurvedic formulations. The segment's prominence is further strengthened by the increasing global demand for natural and plant-based remedies, particularly in treating chronic conditions and maintaining overall wellness. Consumer preference for pure herbal products, backed by centuries of traditional usage and documented benefits, has contributed significantly to this segment's market leadership. The segment's growth is also supported by the rising adoption of herbal supplements in preventive healthcare and the expansion of herbal product manufacturing facilities across key regions. Additionally, the increasing research and development activities focusing on standardizing herbal formulations have enhanced consumer trust and market penetration.

Herbal

Herbomineral Segment in Ayurveda Market

The herbomineral segment is emerging as the fastest-growing segment in the Ayurveda market and is projected to expand at a CAGR of 20% during the forecast period 2025-2030. This remarkable growth trajectory is driven by increasing scientific validation of herbomineral formulations and their enhanced therapeutic efficacy compared to traditional herbal preparations. The segment is witnessing substantial investments in research and development, particularly in developing innovative formulations that combine the benefits of herbs with mineral supplements. Modern manufacturing techniques and quality control measures have significantly improved the standardization and safety profile of herbomineral products, making them more acceptable to regulatory authorities and healthcare practitioners. The rising demand for specialized Ayurvedic treatments in chronic disease management and the increasing integration of herbomineral formulations in mainstream healthcare systems further accelerate the segment's growth. Additionally, the growing consumer awareness about the synergistic benefits of herbs and minerals has created a strong market pull for these products.

Ayurveda Market Indication Segment Analysis

Skin and Hair Segment in Ayurveda Market

The skin and hair segment has emerged as the dominant force in the Ayurveda market. The increasing consumer preference for natural and chemical-free personal care products primarily drives this segment's leadership position. The growing awareness of traditional Ayurvedic ingredients like neem, aloe vera, and turmeric in skincare formulations further strengthens the segment's robust performance. The rise of clean beauty trends and the demand for organic hair care solutions have significantly contributed to this segment's market dominance. Additionally, the segment benefits from extensive product diversification, ranging from facial cleansers and moisturizers to hair oils and treatments. The accessibility of these products through various distribution channels, including e-commerce platforms, has further cemented its market leadership. Moreover, the segment's growth is supported by increasing research and development activities focusing on combining ancient Ayurvedic wisdom with modern cosmetic science.

Gastrointestinal Segment in Ayurveda Market

The gastrointestinal segment is experiencing remarkable growth in the Ayurveda market. This impressive growth trajectory is fueled by the increasing prevalence of digestive disorders and the growing preference for natural remedies over conventional medications. The segment's expansion is particularly notable in developed markets where stress-related digestive issues are becoming more common. Traditional Ayurvedic formulations like Triphala and digestive supplements are gaining significant traction among health-conscious consumers seeking holistic solutions. The rising adoption of preventive healthcare approaches and increasing scientific validation of Ayurvedic digestive treatments further accelerate the segment's growth. Additionally, the integration of modern technology in product development and delivery systems is enhancing the efficacy and appeal of gastrointestinal Ayurvedic products. The segment is also benefiting from increased investment in clinical research and the development of standardized formulations.

Ayurveda Market Application Segment Analysis

Medicinal Segment in Ayurveda Market

The medicinal segment dominated the global Ayurveda market in 2024. This substantial market position is primarily driven by the increasing prevalence of chronic diseases and growing consumer preference for natural therapeutic solutions. The segment's strength is further reinforced by the rising integration of Ayurvedic medicines into mainstream healthcare systems, particularly in developing nations. Government initiatives promoting traditional medicine practices, especially in countries like India and Sri Lanka, have significantly contributed to the segment's dominance. The expansion of research and development activities in Ayurvedic medicine formulations has enhanced the segment's credibility among healthcare practitioners and consumers alike. Additionally, the growing number of Ayurvedic hospitals and clinics worldwide has created a robust distribution network for medicinal products. The segment's leadership is also supported by increasing insurance coverage for alternative medicine treatments in several countries.

Personal Care Segment in Ayurveda Market

The personal care segment is emerging as the fastest growing segment in the Ayurveda market. This exceptional growth is fueled by the increasing consumer preference for natural and organic beauty products, particularly among millennials and Gen Z consumers. The segment's rapid expansion is supported by innovative product launches incorporating traditional Ayurvedic ingredients in modern formulations. Significant beauty and personal care companies are actively developing Ayurvedic product lines to capitalize on this growing trend. The rise of the clean beauty movement and increasing awareness about the harmful effects of synthetic ingredients have further accelerated the adoption of Ayurvedic personal care products. Social media influence and celebrity endorsements have played a crucial role in popularizing Ayurvedic beauty rituals globally. The segment's growth is also driven by the expansion of distribution channels, including e-commerce platforms and specialty stores dedicated to natural products.

Ayurveda Market Geographic Segment Analysis

Ayurveda Market in North America

North America represents a significant portion of the global Ayurveda market, holding approximately a quarter of the global market share in 2024. The region's growth is primarily driven by increasing consumer awareness about natural and holistic healthcare approaches, coupled with a growing preference for plant-based medicines and treatments. The United States leads the regional market, with a robust network of Ayurvedic practitioners, wellness centers, and product manufacturers. The market has witnessed substantial expansion in product offerings, ranging from traditional supplements to modern Ayurvedic personal care products. Consumer interest in preventive healthcare and wellness solutions has fueled demand, particularly among the millennial and Gen Z demographics. Additionally, the integration of Ayurvedic principles into mainstream wellness programs and the rising popularity of yoga and meditation have created a favorable environment for market growth. The region has also seen significant investments in research and development, leading to innovative product formulations that cater to local preferences while maintaining traditional Ayurvedic principles.

Ayurveda Market in Europe

The European ayurveda market demonstrated robust growth during 2019-2024, establishing itself as a key region for ayurvedic products and services. The market's development has been particularly strong in countries like Germany, the Netherlands, and Switzerland, where regulatory frameworks have evolved to accommodate traditional medicine systems. European consumers have shown increasing interest in Ayurvedic products, driven by growing awareness of natural healing methods and sustainable healthcare practices. The region has witnessed significant developments in Ayurvedic education and training, with several institutions offering certified courses and degrees. The market has also benefited from the establishment of specialized Ayurvedic clinics and wellness centers, providing authentic treatments and consultations. European manufacturers have focused on developing premium Ayurvedic products that meet strict quality standards while maintaining traditional formulations. The integration of Ayurveda into complementary medicine practices has gained acceptance among healthcare professionals, contributing to market legitimacy.

Ayurveda Market in Asia-Pacific

The Asia-Pacific region continues to dominate the global Ayurveda market. This region, particularly India, serves as the cornerstone of Ayurvedic knowledge and practices, with a deeply rooted cultural connection to traditional medicine systems. The market landscape is characterized by a mix of established players and innovative startups, all contributing to the modernization and accessibility of Ayurvedic products and services. Government initiatives supporting traditional medicine systems have created a favorable regulatory environment for market expansion. The region has witnessed significant developments in Ayurvedic research and development, leading to innovative product formulations that combine traditional wisdom with modern science. Manufacturing capabilities have expanded considerably, with many companies adopting GMP standards and modern production techniques. The market has also benefited from increasing cross-border collaborations, enabling knowledge exchange and market expansion across different countries in the region.

Ayurveda Market: Growth Rate, by Region

Ayurveda Industry Overview

Top Companies in the Ayurveda Market

The Ayurveda market is led by established players including Baidyanath Group, Charak Pharma, Dabur India Ltd., Emami Group, Himalaya Wellness Company, Kerala Ayurveda Ltd., Maharishi Ayurveda, Patanjali Ayurved Limited, Shahnaz Husain Group, and Vicco Laboratories. These companies have demonstrated consistent growth through product innovation, particularly in developing contemporary formats of traditional formulations to appeal to modern consumers. The industry has seen significant investments in research and development to validate Ayurvedic formulations and create patent-protected products scientifically. Companies are increasingly focusing on operational agility by modernizing manufacturing facilities, implementing digital transformation initiatives, and strengthening supply chain networks. Strategic moves include expanding into international markets, particularly in regions with growing awareness of natural healthcare solutions, while also strengthening domestic distribution networks through both traditional and modern retail channels.

Market Structure Shows Dynamic Competitive Environment

The Ayurveda market exhibits a unique competitive structure with both global conglomerates and specialized local players maintaining significant market presence. Large multinational companies have entered the market through acquisitions and strategic partnerships with traditional Ayurvedic companies, bringing professional management practices and modern marketing approaches to this traditional sector. The market shows moderate consolidation, with the top players controlling a significant portion of the organized sector. At the same time, numerous small and medium-sized enterprises serve regional markets with specialized product offerings. The competitive landscape is characterized by strong regional players who leverage their deep understanding of local preferences and traditional formulations.

The industry has witnessed increased merger and acquisition activity as larger pharmaceutical and FMCG companies seek to expand their natural and traditional medicine portfolios. The growing consumer preference for natural and traditional healthcare solutions drives these strategic moves. Companies are also forming strategic alliances with research institutions and universities to enhance their product development capabilities and scientific validation of traditional formulations. The market is seeing the emergence of new age Ayurvedic brands that focus on premium segments and modern retail channels, bringing innovation in product packaging, formulation, and marketing approaches.

Market Structure Shows Dynamic Competitive Environment

Success in the Ayurveda market increasingly depends on companies' ability to balance traditional authenticity with modern consumer preferences. Incumbent players must focus on scientific validation of their products, investment in modern manufacturing practices, and the development of innovative delivery formats while maintaining the core principles of Ayurveda. Digital transformation initiatives, including e-commerce presence and digital marketing strategies, are becoming crucial for market success. Companies need to strengthen their supply chain networks to ensure consistent quality and availability of raw materials while also investing in sustainable sourcing practices to address environmental concerns.

For new entrants and growing players, differentiation through specialized product offerings and focus on specific therapeutic segments offers a path to market success. The regulatory landscape is evolving with increasing emphasis on quality standards and scientific validation, requiring companies to invest in compliance and documentation. The market shows high end-user concentration in traditional stronghold regions, but there is growing opportunity in new markets through education and awareness building. Companies must address the challenge of substitution from modern medicine through strong branding and scientific validation of their products. Success also depends on the ability to navigate complex regulatory requirements across different markets while maintaining product authenticity and efficacy.

Ayurveda Market Leaders

  1. Baidyanath Group

  2. Dabur India Ltd.

  3. Emami Group

  4. Himalaya Wellness Company

  5. Patanjali Ayurved Limited

  6. *Disclaimer: Major Players sorted in no particular order
Ayurveda Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Ayurveda Market News

  • February 2025: The National Institute of Ayurveda (NIA), under the Indian Government's Ministry of Ayush, launched plant-based cosmetic products that offer safe, chemical-free skincare. The range includes foot care cream, aloe vera gel, lip balm, and herbal soaps, utilizing plant-based extracts for effective solutions.
  • October 2024: India's D2C sports nutrition and wellness brand, Nutrabay, made its inaugural foray into the Ayurvedic supplements domain, unveiling its first product, Shilajit. This initiative aligns with Nutrabay's expansive strategy to broaden its private-label offerings, capitalizing on the surging appetite for natural and holistic wellness remedies in India's burgeoning nutritional supplement landscape.
  • August 2024: Avesthagen Ltd., a life sciences firm, has partnered with Apollo AyurVAID, an Ayurveda hospital chain, to develop and market scientifically validated medical foods and dietary supplements. The collaboration focuses on managing chronic diseases like diabetes, weight control, cardiovascular health, metabolic disorders, onco-nutrition, immunity, cognitive health, and mental wellness.
  • February 2024: The Traditional and Alternative Medicine Department of Thailand signed a MoU with the National Institute of Ayurveda of India for academic collaboration in Ayurveda, strengthening international cooperation.
  • September 2023: Emami Ltd. acquired a 26% stake in Axiom Ayurveda Pvt. Ltd. As part of this acquisition, Emami Ltd. also announced its entry into the juice market with the brand AloFrut, which Axiom Ayurveda markets.

Ayurveda Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Awareness of Ayurveda's Benefits
    • 4.2.2 Rising Demand from Developed Nations
    • 4.2.3 High Chronic Disease Prevalence and Shift Towards Preventive Healthcare
    • 4.2.4 Demand for Natural Healthcare Solutions
  • 4.3 Market Restraints
    • 4.3.1 Regulatory Challenges and Lack of Awareness
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Form
    • 5.1.1 Herbal
    • 5.1.2 Herbomineral
    • 5.1.3 Mineral
  • 5.2 By Indication
    • 5.2.1 Skin and Hair
    • 5.2.2 Gastrointestinal
    • 5.2.3 Others
  • 5.3 By Application
    • 5.3.1 Medicinal
    • 5.3.2 Personal Care
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Baidyanath Group
    • 6.1.2 Charak Pharma
    • 6.1.3 Dabur India Ltd.
    • 6.1.4 Emami Group
    • 6.1.5 Himalaya Wellness Company
    • 6.1.6 Kerala Ayurveda Ltd.
    • 6.1.7 Maharishi Ayurveda
    • 6.1.8 Patanjali Ayurved Limited
    • 6.1.9 Shahnaz Husain Group
    • 6.1.10 Vicco Laboratories
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Ayurveda Industry Segmentation

As per the report's scope, Ayurveda is a traditional system of medicine that emphasizes a holistic approach to health. It combines natural remedies, diet, and lifestyle practices to maintain balance in the body, mind, and spirit. Ayurveda remains a cornerstone of alternative medicine globally.

The Ayurveda market is segmented by form, indication, application, and geography. On the basis of form, the market is segmented into herbal, herbomineral, and mineral. By indication, the market is segmented into skin and hair, gastrointestinal, and others. Based on application, the market is segmented into medicinal and personal care. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the market sizes and forecasts for major countries across different regions. The market size is provided for each segment in terms of value (USD).

By Form Herbal
Herbomineral
Mineral
By Indication Skin and Hair
Gastrointestinal
Others
By Application Medicinal
Personal Care
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
Need A Different Region or Segment?
Customize Now

Ayurveda Market Research Faqs

How big is the Ayurveda Market?

The Ayurveda Market size is expected to reach USD 19.29 billion in 2025 and grow at a CAGR of 19.14% to reach USD 46.32 billion by 2030.

What is the current Ayurveda Market size?

In 2025, the Ayurveda Market size is expected to reach USD 19.29 billion.

Which is the fastest growing region in Ayurveda Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ayurveda Market?

In 2025, the Asia Pacific accounts for the largest market share in Ayurveda Market.

What years does this Ayurveda Market cover, and what was the market size in 2024?

In 2024, the Ayurveda Market size was estimated at USD 15.60 billion. The report covers the Ayurveda Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ayurveda Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ayurveda Industry Report

Statistics for the 2025 Ayurveda market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ayurveda analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.