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India's herbal and ayurvedic OTC market set to outpace global growth
The Political and Business Daily
|June 24, 2025
INDIA’S herbal and ayurvedic OTC (over the counter) market is expected to grow at a CAGR of 6.5 per cent, from $69 million in 2025 to $118 million by the end of 2033, outpacing global trends, a report showed on Monday.
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However, challenges persist as 40 per cent of new launches in 2024 faced regulatory hurdles, only 20 per cent of products have clinical validation, and quality concerns affect up to 30 per cent of offerings, limiting their credibility and adoption for clinical illness, the report mentioned.
The herbal and ayurvedic OTC industry is reported to be growing at an unprecedented rate. According to latest research, it has made a robust entry in more than 70 per cent of Indian households.
Denne historien er fra June 24, 2025-utgaven av The Political and Business Daily.
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FLERE HISTORIER FRA The Political and Business Daily
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