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Indian Ayurvedic Medicine Industry

In India, Ayurvedic medicines are produced by large number of companies, most of them are quite small, including numerous neighbourhood pharmacies that compound ingredients to make their own remedies. The industry is dominated by Dabur, Sri Baidyanath Ayurvedic Bhawan, Himalaya Drugs, Charak, Zandu and Emami. The main product is dominated by Chyawanprash, an herbal honey based product comprised of about 3 dozen ingredients, with amla (emblic myrobalans) as the key ingredient. After Chyawanprash, the market is taken up by toothpastes and powders, skin creams, massage oils, shampoos, and other topical preparations. The total market size of Ayurvedic Medicine is estimated at USD 1 billion.