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Australia Ayurvedic Herbs Market Size, Share, Analysis: By Herb Type: Indian Gooseberry (Triphala), Withania Somnifera (Ashwagandha), Turmeric, Frankincense (Boswellia), Bitter Melon, Others; By Product Type; By Form; By Application; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Australia Ayurvedic Herbs Market Outlook
The Australia Ayurvedic herbs market size is projected to grow at a CAGR of 10.6% between 2024 and 2032.
Key Takeaways:
- Ayurveda is acknowledged in Australia as a complementary health medicine, driving the growth of the Australian market for Ayurvedic herbs.
- Ayurveda practitioners in Australia adhere to a constitution and Professional Code of Conduct and Ethics for Non-Registered Health Practitioners.
- Turmeric/curcuma distribution in Australia is primarily from the Darwin region of the Northern Territory and northern Queensland.
Indian gooseberry (Triphala) drives the Australia ayurvedic herbs market growth with its rich antioxidant content
Indian Gooseberry (Triphala), packed with Vitamin C and antioxidants, provides a range of benefits. It fights against free radicals, aids digestion, boosts the immune system, improves skin and hair health, and supports detoxification. These antioxidants combat harmful free radicals, safeguarding cells from damage and promoting overall health. These attributes make it highly valued in Ayurvedic medicine.
Withania Somnifera (Ashwagandha), a revered herb in Ayurveda, is known for its adaptogenic properties, helping manage stress by balancing cortisol levels. It boosts energy, cognitive function, and hormonal equilibrium, showing promise for neuroprotection. Moreover, its anti-inflammatory and antioxidant properties make it a versatile remedy for various health issues in Ayurvedic practices. Australia is advancing in Ayurveda through collaborations with India.
In 2021, the NICM Health Research Institute in Sydney teamed up with the All India Institute of Ayurveda in New Delhi to validate Ayurvedic medicine, yoga, and meditation. Western Sydney University, in partnership with the Indian Ministry of Ayush, established Australia's inaugural academic chair in Ayurvedic medicine.
Market Segmentation
Australia Ayurvedic Herbs Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Herb Type
- Indian Gooseberry (Triphala)
- Withania Somnifera (Ashwagandha)
- Turmeric
- Frankincense (Boswellia)
- Bitter Melon
- Others
Market Breakup by Product Type
- Healthcare Products
- Dietary Supplements
- Ayurvedic Medicines
- Ayurvedic Nutraceuticals
- Personal Products
- Hair Care and Fragrances
- Skin Care and Cosmetics
- Oral Care
Market Breakup by Form
- Capsules/Tablets
- Raw
- Extracts
Market Breakup by Application
- Respiratory Disorders
- Cardiovascular Diseases
- Cancer Treatment
- Skin Diseases
- Autoimmune Diseases
- Others
Market Breakup by Distribution Channel
- Retail Pharmacy
- E-Pharmacy
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia ayurvedic herbs market key players are Surya Ayurveda, Ayuna, Ayur Pty Ltd., and Temple Herbs & Ayurveda among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Herb Type |
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| Breakup by Product Type |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Ayurvedic Herbs Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Ayurvedic Herbs Historical Market (2018-2023)
8.3 Asia Pacific Ayurvedic Herbs Market Forecast (2024-2032)
9 Australia Ayurvedic Herbs Market Overview
9.1 Key Industry Highlights
9.2 Australia Ayurvedic Herbs Historical Market (2018-2023)
9.3 Australia Ayurvedic Herbs Market Forecast (2024-2032)
10 Australia Ayurvedic Herbs Market by Herb Type
10.1 Indian Gooseberry (Triphala)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Withania Somnifera (Ashwagandha)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Turmeric
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Frankincense (Boswellia)
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Bitter Melon
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Ayurvedic Herbs Market by Product Type
11.1 Healthcare Products
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Type
11.1.3.1 Dietary Supplements
11.1.3.2 Ayurvedic Medicines
11.1.3.3 Ayurvedic Nutraceuticals
11.2 Personal Products
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Type
11.2.3.1 Hair Care and Fragrances
11.2.3.2 Skin Care and Cosmetics
11.2.3.3 Oral Care
12 Australia Ayurvedic Herbs Market by Form
12.1 Capsules/Tablets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Raw
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Extracts
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Australia Ayurvedic Herbs Market by Application
13.1 Respiratory Disorders
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Cardiovascular Diseases
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Cancer Treatment
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Skin Diseases
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Autoimmune Diseases
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Australia Ayurvedic Herbs Market by Distribution Channel
14.1 Retail Pharmacy
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 E-Pharmacy
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Others
15 Australia Ayurvedic Herbs Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Surya Ayurveda
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Ayuna
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Ayur Pty Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Temple Herbs & Ayurveda
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Ayurvedic Herbs Market: Key Industry Highlights, 2018 and 2032
2. Australia Ayurvedic Herbs Market: Key Industry Highlights, 2018 and 2032
3. Australia Ayurvedic Herbs Historical Market: Breakup by Herb Type (USD Million), 2018-2023
4. Australia Ayurvedic Herbs Market Forecast: Breakup by Herb Type (USD Million), 2024-2032
5. Australia Ayurvedic Herbs Historical Market: Breakup by Product Type (USD Million), 2018-2023
6. Australia Ayurvedic Herbs Market Forecast: Breakup by Product Type (USD Million), 2024-2032
7. Australia Ayurvedic Herbs Historical Market: Breakup by Form (USD Million), 2018-2023
8. Australia Ayurvedic Herbs Market Forecast: Breakup by Form (USD Million), 2024-2032
9. Australia Ayurvedic Herbs Historical Market: Breakup by Application (USD Million), 2018-2023
10. Australia Ayurvedic Herbs Market Forecast: Breakup by Application (USD Million), 2024-2032
11. Australia Ayurvedic Herbs Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
12. Australia Ayurvedic Herbs Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
13. Australia Ayurvedic Herbs Historical Market: Breakup by Region (USD Million), 2018-2023
14. Australia Ayurvedic Herbs Market Forecast: Breakup by Region (USD Million), 2024-2032
15. Australia Ayurvedic Herbs Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 10.6% between 2024 and 2032.
The Ayurvedic herbs market is categorised according to herb type, which includes Indian gooseberry (triphala), Withania somnifera (ashwagandha), turmeric, frankincense (Boswellia), bitter melon and others.
The key players are Surya Ayurveda, Ayuna, Ayur Pty Ltd., and Temple Herbs & Ayurveda among others.
Based on the form, the market is divided into capsules/tablets, raw and extracts.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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