Product Code: ETC190236 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Botanicals Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 14.23% in 2025, growth builds up to 18.23% by 2029.
India is one of the largest producers and exporters of botanical products in the world. The country produces a wide variety of plants, herbs, leaves, flowers, and spices that are used for medicinal and health benefits. The market for botanicals has been growing steadily in recent years due to increasing demand from pharmaceutical companies as well as cosmetics manufacturers.
Increasing awareness about natural remedies among consumers, rising disposable incomes of individuals and availability of various herbal formulations have led to increased demand for botanical products which is driving growth in this sector. Additionally, government initiatives such as setting up Ayurveda clusters across India are helping promote traditional India medicines made from these natural ingredients which is further bolstering the industry???s expansion.
Despite significant growth potential, there are certain challenges faced by this industry such as inadequate infrastructure facilities like storage areas and cold chain management systems that need to be addressed to ensure quality control measures during production process. Furthermore there are regulatory issues related to registration or certification processes that need to be streamlined further so that local farmers can benefit from it too while also keeping track on quality standards laid down by FSSAI (Food Safety & Standards Authority Of India).
Some key players active in this space include Dabur India Ltd., Himalaya Drug Company Pvt Ltd., Charak Pharma Pvt Ltd., Emami Group etc. These companies not only manufacture their own range of botanical based products but also source raw materials being produced locally by small scale farmers/vendors across different parts of the country which helps them cater diverse customer needs effectively providing an opportunity for local vendors too at same time helping boost rural economy within region they operate.
Due Covid-19 pandemic outbreak most businesses including Botanicals market were impacted significantly due travel restrictions imposed globally resulting in disruption supply chain movement causing shortage raw materials needed meet demand leading decline sales revenues within short period time. However with gradual unlock phases currently underway many business activities resuming slowly allowing few industries resume production services operations albeit maintaining safety protocols place help prevent spread virus further. Going forward if situation continues improve then should see positive trend emerge across sectors soon enabling overall economic recovery happen smoothly bringing back normalcy life again.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Botanicals Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Botanicals Market Revenues & Volume, 2021 & 2031F |
3.3 India Botanicals Market - Industry Life Cycle |
3.4 India Botanicals Market - Porter's Five Forces |
3.5 India Botanicals Market Revenues & Volume Share, By By Source, 2021 & 2031F |
3.6 India Botanicals Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Botanicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Botanicals Market Trends |
6 India Botanicals Market, By Types |
6.1 India Botanicals Market, By By Source |
6.1.1 Overview and Analysis |
6.1.2 India Botanicals Market Revenues & Volume, By By Source, 2021-2031F |
6.1.3 India Botanicals Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.4 India Botanicals Market Revenues & Volume, By Spices, 2021-2031F |
6.1.5 India Botanicals Market Revenues & Volume, By Flowers, 2021-2031F |
6.1.6 India Botanicals Market Revenues & Volume, By Other Sources, 2021-2031F |
6.2 India Botanicals Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Botanicals Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 India Botanicals Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.4 India Botanicals Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 India Botanicals Market Revenues & Volume, By Other Applications, 2021-2031F |
7 India Botanicals Market Import-Export Trade Statistics |
7.1 India Botanicals Market Export to Major Countries |
7.2 India Botanicals Market Imports from Major Countries |
8 India Botanicals Market Key Performance Indicators |
9 India Botanicals Market - Opportunity Assessment |
9.1 India Botanicals Market Opportunity Assessment, By By Source, 2021 & 2031F |
9.2 India Botanicals Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Botanicals Market - Competitive Landscape |
10.1 India Botanicals Market Revenue Share, By Companies, 2024 |
10.2 India Botanicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |