Global Ayurvedic Nutraceuticals And Dietary Supplements Market Size, Share, Growth Analysis, By Target consumer(Infant, Children), By Form(Tablets, Powder), By Distribution Channel(Pharmacies, Drug Stores) - Industry Forecast 2022-2028

Global Ayurvedic Nutraceuticals and Dietary Supplements market was valued at USD 266.24 billion in 2021, and the market size is estimated to reach USD 441.7 billion by 2028, at a CAGR of 7.5% over the forecast period (2022-2028).

In order to achieve better results than those from conventional pharmaceutical therapies, there is a significant demand for non-traditional medicinal goods in the global market for Ayurveda Nutraceuticals and Dietary Supplements. Most Ayurveda Nutraceuticals and Nutritional Supplements have little to no side effects in compared to medicines created professionally. This has caused a lot of people to prefer using these medications, mostly because it lowers their chance of adverse consequences from conventional pharmaceutical products and services.

It is also easier for persons with limited disposable income to buy herbal goods because many governments throughout the world offer them at costs that are comparable to those of synthetically produced medicines.

An increasing understanding of the benefits of allopathic medicines is another major factor driving the global market for herbal medicinal products. Finally, a lot of products are now being sold that have botanical ingredients added to them to provide them therapeutic properties. Because of this, the global market for ayurvedic nutraceuticals and dietary supplements is likewise being strongly driven by these commodities from a commodity-based perspective. Ayurvedic supplements are growing in popularity as a result of their "natural" label. Consumers are adopting dietary supplements and ayurvedic nutraceuticals to boost their health. Because of the increase in the cost of medical and nutritional products, there is now a larger global market for ayurvedic nutraceuticals and dietary supplements.

With more people leading inactive lifestyles, consumers are being encouraged to lead healthy lives. Mental and physical health problems are becoming more prevalent. People are increasingly looking for safer, healthier, and more inexpensive solutions today. Ayurvedic nutraceuticals and nutritional supplements are growing in acceptance as more people become aware of them.

Top-down and bottom-up approaches were used to estimate and validate the size of Asia Pacific Ayurvedic Nutraceuticals and Dietary Supplements market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The global Ayurvedic Nutraceuticals and Dietary Supplements market is segmented based on target consumer, form, distribution channel and region. Based on target consumer, the market is segmented into Infant, Children, Adults, Pregnant women, Elderly. Based on form, the market is segmented into Tablets, Powder, Liquids, Others. Based on distribution channel, the market is segmented into Pharmacies and Drug Stores, Hypermarket/Supermarket, Online Stores, Specialty Store, Others. Based on region, the Ayurvedic Nutraceuticals and Dietary Supplements market is categorized into North America, Europe, Asia-Pacific, and MEA.

Driver

Global demand for goods made from plants has soared. Most naturally occurring and Ayurvedic compounds come from plants or other non-animals. Customers choose their supplements based on their proven vegetarianism. Vegetarian polymer-cellulose-based capsules called HPMC are currently available on the market in answer to this need (hydroxypropyl methylcellulose).

Restraint

The worldwide nutraceuticals and dietary supplement market is projected to experience strong growth as personalised nutrition becomes more prevalent.

In Ayurveda, a single substance is used in a variety of ways for multiple treatments. Different therapeutic modalities may call for various active component concentrations, which calls for customization. Customized wellness strategies are highly desired, and this market is seeing increased product innovation. Capsules can be incredibly useful for delivering substances in various strength dose forms when combined filling alternatives are used.

Market Trends

The demand for ayurvedic nutraceuticals is being driven by the health advantages of its constituents. Ayurvedic medications are rich in phytonutrients, carotenoids, phenols, polyphenols, alkaloids, and flavonoids, all of which, when used alone or in combination, have positive therapeutic benefits. For instance, piperine comes from black pepper, gingerol from ginger, and curcumin from turmeric. When included in our diet, they can have anti-oxidizing, immunomodulatory, anti-inflammatory, and rejuvenating effects.