Ayurvedic industry market size in india

Availability of medicinal plants from Kashmir

It is estimated that nearly 960 plant species are used by the Indian herbal industry, and the turnover of the industry is more than Rs 80 billion. Herbal exports include medicines of AYUSH (Ayurveda, Unani, Siddha, and homoeopathy) products, which occupy a share of 3% of total Indian pharmaceutical export.

The Indian Ayush industry's market size was $18.1 billion in 2020, which is a 17% increase from 2014. The Ayush sector includes Ayurveda, Unani, Siddha, and homeopathy. The sector's sub-sectors include:

Herbal plants (43.35%)
Nutraceuticals (24.65%)
Pharmaceuticals (14.11%)
Cosmeceuticals (8.37%)
Plant derivatives (5.14%)
Plant extracts (4.39%) 

The Indian herbal industry uses around 960 plant species and has a turnover of more than Rs 80 billion. Herbal exports include medicines from the Ayush sector, which account for 3% of India's total pharmaceutical exports.

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