Naturomedex Remedies (Opc) Private Limited

In their own words

Our country India is the originator of Ayurveda. Ayurveda refers to a natural ancient healthcare system and science of medicine. It is based on the belief that health and wellness depend upon the spirit, body and mind of individuals. Ayurvedic products are mainly derived from animals, plants, metals and minerals. Our country India is diverse with numerous species of Herbs, Spices and Aromatic plants which are found in forests and are also being cultivated by farmers. There are multiple formulations which are prevalent and are working locally. The effectiveness is clearly visible by the low levels of infections reported during the recent outbreaks of SARS Covid variants.The India ayurvedic products market reached a value of INR 515.5 Billion in 2021. Looking forward, the market is expected to reach INR 1,536.9 Billion by 2027, exhibiting a CAGR of 19.78% during 2022-2027. There are about 8407 Ayush licensed manufacturing units, out of which 7345 (Ayurveda), 151 (Siddha), 566 (Unani) and 345 (Homoeopathy) manufacturers producing Ayush products as on April 1, 2019,” said Minister of Ayush Sarbananda Sonowal in the Lok Sabha recently.08-Jan-2022.The market in India is primarily driven by the increasing preference for organic and natural products among the masses. In line with this, the rising awareness regarding the harmful effects of chemicals utilized in the formulation of various skincare and personal care products and the growing health-consciousness among individuals are creating a positive market outlook. Moreover, the penetration of high-speed internet and the rising popularity of social media among the masses are further providing a boost to the demand for ayurvedic products in India.

Written by the company on its public Startup India profile. Not verified by us.