Ayurveda is India’s oldest healing science, which is about 5000 years old, Sanskrit word which means “The Science of Life”. Ayurveda is a type of healthcare practice that follows certain principles of natural healing systems, with almost 80% of Indian people using this traditional medicine practice in some form. The increasing popularity of Ayurvedic products and rising health concerns among consumers are the key factors which ultimately giving rises to the overall Ayurvedic Market. In addition, people are more aware about the side effects caused by the long time consumption of the western medicines that drives preference towards Ayurvedic medicines. India is leading the Asia Pacific market with the highest number of new food, drinks, and supplements that bear immune system-boosting claims launched since the mid of the year 2020. The outbreak of COVID-19 is acting as a major growth factor for this market as there is a growing need for immunity boosting products.
To avail the sample report for free: https://www.bonafideresearch.com/samplereport/201020371/India-Immunity-Booster-Market
According to the report titled, “India Immunity Booster Market Outlook, 2020-25” published by Bonafide research, the market is clearly dominated by the Chyawanprash, which can be considered as one of oldest immunity booster in the Indian market with a share of more than 60%. With the innovations in the forms and consumption of the immunity booster products, the other segment which includes these product in form of tea, juices, snacks, etc to grow more popular. The people are likely to be inclined towards these different forms of intakes, rather than Chyawanprash. During the forecast year, south and north region is anticipated to grow at rapid rate and will share 60% of the overall market.
The India immunity booster market is lead by the sales by the sales generated through the general retail stores, followed by the multi brand stores. The online sector is in an initial stage of developing in the region with a share of less than 5% in the market in the year 2019. As the interest of the working population and the improved logistic management by the immunity booster companies, is expected to allow the market share of the online segment grow by the forecasted period. With the chances of kids being prone to the diseases easily, the parents are now being extra conscious in developing their immunity. On the other hand, they are being aware about the side effects of using artificial medications for a long time, which have made them to opt for the natural Ayurvedic immunity boosting options. The problem lies in the taste preference of the kids, and the bitterness of Ayurvedic products creating a dislike for it immediately. This challenged the manufacturers to come up with a variant range to appeal the youngest consumer segment.
Even though the market can be considered to be growing progressively, the market is surrounded with ample of challenges and hurdles. The main being the use of unknown and unheard ingredients and the bitter taste, which the manufacturers are over coming successfully with the introduction of immunity boosters in various forms and flavours.
Major companies present in the market
Akiva Super foods, Amway India Enterprise Private Limited, Baidyanath Ayurved Bhavan, Cipla Limited, Cureveda, Dabur India Limited, Emami Limited, Girnar Ayurvedic Pharmacy Private Limited, Hamdard Laboratories, Kerela Ayurvedic Limited, Maharishi Ayurvedic, Organic India Limited, Patanjali Pvt. Ltd, Himalaya Drug Company
Considered in the report
• Geography: India
• Base year: 2018-19
• Historical year: 2013-14
• Estimated year: 2019-20
• Forecasted year: 2024-25
Aspects covered in the report
• India Ayurvedic Market Outlook
• India Immunity Booster Market Outlook
• India Chyawanprash Market Outlook
• India Other Immunity Booster Market Outlook
• Price Product And Variant Analysis
• India Frozen Food Trends & Developments
• India Economic Profile
• Porters Five Force Model
• Company Profile Of Top Players
Segments covered in the market
• Ayurvedic Products
• Immunity
• Chyawanprash
• Other Immunity Booster
•
The approach of the report:
We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm which is unique for each product but giving more weightage to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together cross-check the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well as the existing players. The QC team then checks the overall report which includes spell check, data verification and makes the same dispatch ready and error-free.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the frozen food industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Please get in touch with our sales team to find out more.
To Access Complete Report: https://www.bonafideresearch.com/product/201020371/India-Immunity-Booster-Market
Table of Contents
1. Methodology
2. Market Structure
3. Executive Summary
4. India Demographics Insight
5. India Ayurvedic Market Outlook
5.1. Market Size by Value
5.2. Market Share by Application (Ayurveda products & Ayurveda services)
6. India Ayurvedic Product Market Outlook
6.1. Market Size By Value
6.2. Market Share
6.2.1. By Product Type (Personal Care, Healthcare Products)
6.2.2. By Region
6.2.3. By Sales Channels
7. India Immunity Booster Market Outlook
7.1. Market Size By Value
7.2. Market Share
7.2.1. By Company
7.2.2. By Product type
7.2.3. By Organized VS Unorganized Market
7.2.4. By Sales Channel
7.2.5. By Region
8. India Chyawanprash Market Outlook
8.1. Market Size By Value
8.2. Market Share
8.2.1. By Company
8.2.2. By Organized VS Unorganized Market
9. India Other Immunity Booster Market Outlook
9.1. Market Size By Value
9.2. Market Share
9.2.1. By Company
9.2.2. By Product Type
9.2.3. By Organized VS Unorganized
10. Product Price & Variant Analysis
11. India Economic Snapshot
12. Policy & Regulatory Landscape
13. Trade Dynamics
13.1. Import
13.2. Export
14. India Immunity Booster Market Dynamics
14.1. Key Drivers
14.2. Key Challenges
15. Market Trends & Developments
15.1. Appealing Innovative Formulations
15.2. Introduction of Flavour Enhanced Products
15.3. Ayurvedic Services
16. Competitive Landscape
16.1. Porter’s Five Forces
16.2. Company Profiles
16.2.1. Akiva Superfoods
16.2.2. Amway India Enterprise Private Limited
16.2.3. Baidyanath Ayurved Bhavan
Table 13: Key Facts of Baidyanath Ayurved Bhavan
16.2.4. Cipla Limited
Table 14: Key Facts of Cipla Limited
16.2.5. Cureveda
Table 15: Key Facts of Cureveda
16.2.6. Dabur India Limited
Table 16: Key Facts of Dabur India Limited
16.2.7. Emami Limited
Table 17: Key Facts of Emami Limited
16.2.8. Girnar Ayurvedic Pharmacy Private Limited
Table 18: Key Facts of Girnar Ayurvedic Pharmacy Private Limited
16.2.9. Hamdard Laboratories India
Table 19: Key Facts of Hamdard Laboratories
16.2.10. Herbalife India Private Limited
16.2.11. Kerala Ayurvedic Limited
16.2.12. Maharishi Ayurveda
16.2.13. Organic India Limited
16.2.14. Patanjali Ayurveda Limited
16.2.15. Himalaya Drug Company Limited
17. Disclaimer
Contact Us:
Bonafide Research
Steven Thomas, AM – Content Marketing
sales@bonafideresearch.com
Americas: +1 201 793 8545(NA)
Europe: +44 20 86385593
APAC: +91 7878231309
https://www.bonafideresearch.com/
About us: Bonafide Research is one of the fastest growing market research and consulting company. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenario. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. In house, we have published 3500+ high quality research reports with major focus on Indian market. Our client base consists of BCG, Ernst & Young, PwC, McKinsey & Company, Inflexion, Nestle, Unilever, Crompton Greaves, SRF, CPF, Aramax.
