Market Research Report
Global Ayurvedic Food Market 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||769406|
|Published||Content info||105 Pages
Delivery time: 1-2 business days
|Global Ayurvedic Food Market 2018-2022|
|Published: December 10, 2018||Content info: 105 Pages||
The growth of e- commerce businesses globally has supported vendors to enhance their profitability. In addition, online and e-commerce channels support both business- to- business (B2B) and business- to- consumer (B2C) operations. The average amount of money spent online per transaction and the number of transactions that take place online are on the rise globally. The increase in the number of internet users is contributing to the growth of this channel. The rising number of online shoppers across the world will result in increased sales of ayurvedic food products. Online shopping portals have also incorporated enhanced security features for efficient customers services and payments, along with customer- friendly website designs offerings enhanced product visibility. This has encouraged various manufactures to concentrate on the internet- savvy customer segment and explore the new online retail format. Technavio's analysts have predicted that the ayurvedic food market will register a CAGR of almost 14% by 2022.
The rise in demand for ayurvedic food products in various countries has resulted in product innovation in the ayurvedic food sector. Vendors are actively launching new and innovation products to attract customers.
Local and regional vendors do not contribute to the market growth as they do not have registered trademarks. However, they have wide penetration in local markets. This negatively impacts the price of Ayurvedic food products, often resulting in loss of revenues of the registered industry vendors.
For the detailed list of factors that will drive and challenge the growth of the ayurvedic food market during the 2018-2022, view our report.
The global ayurvedic food market is fairly fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.