NEW YORK, March 24, 2021 /PRNewswire/ -- The global ayurvedic food market is expected to grow by USD 703.48 million during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 10%.
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The ayurvedic food market is driven by the increasing number of new product launches. In addition, the growing e-commerce and online retailing are anticipated to boost the growth of the ayurvedic food market.
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 innovative products to attract customers. Dabur India Ltd. announced the launch of Dabur Himalayan ORGANIC Apple Cider Vinegar, Baidyanath launched ayurvedic teas, Unilever Group launched its ayurvedic breakfast mixes under the brand name Lever Ayush, and Ginger People announced the launch of three turmeric-infused drinks in the US. The drinks were named Ginger Soother with Turmeric, Turmeric Latte Mix, and Arjuna Organic Ginger Bites with Turmeric. The global ayurvedic food market has been witnessing an increased number of new and innovative product launches which drives the market over the forecast period.
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Baidyanath Baidyanath operates business through the Unified segment. The company offers ayurvedic food products such as health food products and others.
Banyan Botanicals Banyan Botanicals operates business through the Unified segment. The company provides ayurvedic food products by combining foods with radically different energetics that can overwhelm the digestive fire and can cause indigestion, fermentation, gas, bloating, and the creation of toxins.
COSMOVEDA e.K. Günther Eckerle COSMOVEDA e.K. Günther Eckerle operates business through Food, Wellness, Natural cosmetics, and Books. The company offers a wide range of ayurvedic food products primarily in European countries and is one of the major vendors in the global ayurvedic food market.
Dabur India Ltd. Dabur India Ltd. operates business through Consumer care business, Food business, and Other segments. The company offers a wide variety of ayurvedic food products like fruit juices, lemon additives, and various pastes.
Govinda Natur GmbH Govinda Natur GmbH operates business through the Unified segment. The company offers a wide range of ayurvedic food products in the European market and is one of the major vendors in the global ayurvedic food market.
Ayurvedic Food Market Product Outlook (Revenue, USD Million, 2020-2025)
Solid form - size and forecast 2020-2025
Liquid form - size and forecast 2020-2025
Ayurvedic Food Market Geography Outlook (Revenue, USD Million, 2020-2025)
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