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Indian Ayurvedic Firms to strike $120 Billion Herbal Market
Dec 07, 2006
Traditional houses of ayurveda in India, which make up for small share of global herbal industry of US$ 120 Billion, have begun to deviate from classical texts in order to take ayurveda to export markets such as Middle East.
Coimbatore based AVP (Arya Vaidya Pharmacy), by introducing chyawanaprash – an admired health tonic that helps boost energy, memory and immunity – in the form of a biscuit, has been the trend setter in this respect.
The product has been developed bearing the tastes of both new and old generation in mind. All ingredients of chyawanaprash have been retained in the biscuit so as to ensure better health, enhance immunity and energy of the consumer.
The biscuit will soon hit the export market. The company plans to start the exports with Gulf market being its initial target market because the tonic is already popular amongst Indian expatriates. Punarnava Ayurveda – another ayurveda firm based in Coimbatore – is also planning to launch ayurvedic biscuit that will contain all essential ayurvedic ingredients.
Expressing her views on healthcare sector in India a senior Research Analyst at RNCOS, who has recently researched a report on “Opportunities in Indian Healthcare Sector”, said, “Besides inexpensive medical treatment, Indian healthcare sector has a lot more to offer. Indian ayurveda firms are expanding their export market by producing an array of ayurvedic products like ayurvedic biscuits, herbal ketchup, and jams.”
The research report addresses the issues and facts that are critical to the success of healthcare industry in India, such as:
- Get an insight into the trends in market performance.
- Pinpoint sectors of growth and identify the driving factors.
- Key regulations and policy environment in the industry.
- Future scenario of the Healthcare Market in India.
- What opportunities exist for the Healthcare Market?
- What are the challenges faced by the industry?
- Trends in Indian Medical Tourism Industry.
About the report
RNCOS’ report “Opportunities in Indian Healthcare Sector” provides extensive research and objective analysis on the Healthcare Sector in India. It has been written to help clients in analyzing the opportunities critical to the growth of healthcare market in India.
For more information visit: http://www.rncos.com/Report/IM054.htm
For more information visit: http://www.rncos.com/Report/IM054.htm
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