India Herbals Products Market, By Category (Personal Care & Cosmetics and Healthcare), By Distribution Channel (Traditional & Departmental Stores, Supermarkets/Hypermarkets, Online, and Others), By Region, Competition, Forecast & Opportunities, 2024

India herbal products market is projected to grow at a CAGR of 18% during 2019 - 2024. The herbal products market in India is growing due to the rising awareness about the side effects of chemical formulations and health benefits of herbal supplements over artificial ones. Moreover, in India, the consumer preference is shifting towards safe, natural and luxurious products due to increasing disposable income and rising popularity of plant-based ingredients.

The herbal products market is categorized into Personal Care & Cosmetics products and Healthcare products, among which Personal Care & Cosmetics products segment is expected to grow at a higher pace than Healthcare products throughout the forecast period. The Personal Care & Cosmetics products category holds the majority share on account of their huge popularity. Additionally, due to the popularity of plant-based ingredients used in herbal Personal Care & Cosmetics products, like Patanjali’s and Himalaya’s soap-free face wash, rosewater toner by Dabur and Lotus, luxury personal care & cosmetic products by Forest Essentials, etc., this category has been witnessing significant growth throughout the historical period and is anticipated to maintain its dominance during the forecast period as well.
South India dominated the country’s herbal products market in 2018, and the region is expected to maintain its dominance during the forecast period. Some of the major players operating in India herbal products market are Patanjali Ayurveda Ltd, Dabur Limited, The Himalaya Drug Company, Amway, Lotus Herbals Private Limited, and others.
 

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
 

Objective of the Study:

• To analyze and forecast the market size of India herbal products market
• To classify and forecast India herbal products market based on category, by distribution channel, regional distribution, and company.
• To identify drivers and challenges for India herbal products market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India herbal products market
• To conduct pricing analysis for India herbal products market
• To identify and analyze the profile of leading players involved in India herbal products market
 

It performed both primary as well as exhaustive secondary research for this study. Initially, It sourced a list of manufacturers across the globe. Subsequently, It conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, It could include the manufacturers which could not be identified due to the limitations of secondary research. It analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.
It calculated the market size of India herbal products market using a bottom-up approach, wherein data for various applications across various end-user segments was recorded and forecast for the future years. It sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by It.
 

Key Target Audience:

• Herbal products manufacturers, suppliers, and distributors
• Organizations, forums and alliances related to herbal products market
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
 

Report Scope:

In this report, India herbal products market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Category
o Personal Care & Cosmetics
o Healthcare
• Market, By Distribution Channel
o Traditional & Departmental Stores
o Supermarkets/Hypermarkets
o Online
o Others
• Market, By Region:
o North
o West
o East
o South
 

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India herbal products market.

Available Customizations
With the given market data, It offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
 

1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Brand Recall
4.2. Sources of Information
4.3. Preferred Point of Purchase
4.4. Factors Influencing Purchase Decision
5. India Herbal Products Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Category (Personal Care & Cosmetics & Healthcare)
5.2.2. By Distribution Channel (Traditional & Departmental Stores, Supermarkets/Hypermarkets, Online and Others)
5.2.3. By Region
5.2.4. By Company
5.3. Market Attractiveness Index Analysis
6. India Herbal Personal Care & Cosmetics Products Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Cosmetics, Skin Care, Body Care, Others)
6.2.2. By Distribution Channel
6.3. Pricing Analysis
7. India Herbal Healthcare Products Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type (Nutraceuticals and Pharmaceuticals)
7.2.2. By Distribution Channel
7.3. Pricing Analysis
8. Supply Chain Analysis
9. Import-Export Dynamics
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. Company Profiles (Leading 10 Companies)
14.1.1. Patanjali Ayurveda Ltd
14.1.2. Dabur Limited
14.1.3. The Himalaya Drug Company
14.1.4. Amway
14.1.5. Lotus Herbals Pvt. Ltd.
14.1.6. Forest Essentials
14.1.7. VLCC
14.1.8. Ayur Herbals
14.1.9. Khadi Natural
14.1.10. Herbalife Nutrition
15. Strategic Recommendations
 


List Of Figures

Figure 1: India Herbal Products Market Size, By Value (USD Million), 2014–2024F
Figure 2: India Herbal Products Market Share, By Category, By Value, 2014–2024F
Figure 3: India Herbal Products Market Share, By Distribution Channel, By Value, 2014–2024F
Figure 4: India Herbal Products Share, By Region, By Value, 2018 & 2024F
Figure 5: India Herbal Products Market Share, By Company, By Value, 2018
Figure 6: India Herbal Personal Care & Cosmetics Products Market Size, By Value (USD Million), 2014–2024F
Figure 7: India Herbal Personal Care & Cosmetics Products Market Share, By Product Type, By Value, 2014–2024F
Figure 8: India Herbal Personal Care & Cosmetics Products Market Share, By Distribution Channel, 2014–2024F
Figure 9: India Herbal Healthcare Products Market Size, By Value (USD Million), 2014–2024F
Figure 10: India Herbal Healthcare Products Market Share, Product Type, By Value (USD Million), 2014–2024F
Figure 11: India Herbal Healthcare Products Market Share, By Distribution Channel, By Value, 2014–2024F
 


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