With a history stretching back over 5,000 years, Ayurveda is one of the world’s oldest holistic healing systems. Developed in India, its principles revolve around maintaining the delicate balance between mind, body and spirit for optimal health. Today, your interest might be piqued by some of India’s top Ayurvedic companies who’ve harnessed these ancient methodologies to create exceptional health products.
India is home to several renowned Ayurvedic companies that have made significant contributions to this traditional healthcare system. They’ve leveraged age-old wisdom with modern science to deliver an array of products designed for today’s wellness needs. From skincare and haircare products to medicinal herbs and dietary supplements – you’ll find it all under the umbrella of these organizations. For those interested in expanding their skincare routine beyond Ayurvedic products, explore the best skincare brands in India for more options.
Whether you’re a fan of natural remedies or are simply curious about exploring alternative healthcare options, these Indian Ayurvedic firms offer something for everyone. We’ll dive into ten such market leaders in the following article – brands that have earned trust not only across India but globally too due to their commitment towards purity, authenticity and quality.
Ayurvedic Industry in India
- The Ayurvedic industry in India has been growing rapidly in recent years, with the market size reaching INR 626 billion in 2022 and expected to grow at a CAGR of 19.3% between 2023 and 2028.
- India is the largest Ayurvedic market, accounting for about 80% of the global market share. The increasing demand for chemical-free herbal cosmetics, personal care products, and the government’s focus on building a healthy and fit India have contributed to the growth of the Ayurvedic industry. With the increased awareness of personal hygiene, many Ayurvedic companies are also venturing into hand sanitizers. To explore options, discover the best hand sanitizer brands in India.
- The Indian wellness industry, which includes Ayurveda, is estimated at INR 49,000 crore (USD 6.70 billion).
- The Ayurvedic industry in India is dominated by a few large players, with micro, small, and medium enterprises (MSMEs) capturing 80% of the market share.
- The Indian government has set a target of increasing spending on healthcare from the current 1.3% to 3% of its GDP by 2022.
- The total Ayush export of India has increased from USD 1.09 billion (INR 9,000 crore as per the current INR-Dollar rate) in recent years.
- The market size of the Ayush industry, which includes Ayurveda, was USD 18.1 billion (INR 1,49,451 crore as per the current INR-Dollar rate) in 2020.
- The growth of the Ayurvedic industry in India is driven by factors such as rising demand for authentic Ayurvedic medicine, increased consumer awareness, and a growing focus on health and wellness. As a result, India is emerging as a global wellness and Ayurveda hub, attracting investments and creating additional jobs.
Best Ayurvedic companies in India
Here are the top Ayurvedic companies in India:
- Patanjali Ayurved
- Dabur India Ltd
- Baidyanath
- Himalaya Wellness
- Hamdard India
- Zandu Care
- Vicco Laboratories
- Dr. Asma Herbals
- Navayur Herbals
- Sandu Brothers
- Patanjali Ayurved
- Revenue: ₹1,671 crore
- Net Profit: ₹65.17 crore
- Dabur India Ltd
- Q1 FY24 consolidated net profit: Rs 456.61 crore
- Total income Q1 FY24: Rs 3,240.25 crore
- Baidyanath
- Revenue: Over INR 500 crore for the financial year ending on 31 March 2022
- EBITDA growth: 3.72%
- Net Worth growth: 11.59 %
- Himalaya Wellness
- Revenue: Annual estimated between $200 million and $500 million
- Hamdard India
- Revenue: $68.9 million
- Zandu Care
- Revenue 2021: Rs 750 crore
- Domestic Growth Rate FY21: 7%
- Vicco Laboratories
- Revenue 2021: INR 190 crore
- Dr. Asma Herbals
- Revenue: Annual Turnover of INR 5-10 Crore
- Sandu Brothers
- Authorized Share Capital: 50.0 lakhs INR
- Paid-Up Share Capital: 35.0 lakhs INR
1. Patanjali Ayurved
Patanjali Ayurved is a household name in India, and it’s no surprise why. Founded by Baba Ramdev and Acharya Balkrishna in 2006, this company has disrupted the FMCG industry with its wide range of natural food, home, personal care, ayurvedic medicines, and herbal home care products.
Despite facing stiff competition from other FMCG giants such as Colgate-Palmolive, whose market share saw a drop from 57% in FY14-15 to 53% in FY17-18 due to Patanjali’s resurgence, the company has managed to secure a steady profit margin. As of Q4 FY23, they reported a net profit of ₹65.17 crore on revenues totalling ₹1,671 crore.
| Revenue | Net Profit |
|---|---|
| ₹1,671 crore | ₹65 crore |
Notably located in Haridwar, Uttarakhand – the heartland of ayurvedic medicine – Patanjali Ayurved serves customers all over India and even beyond our borders. It’s become one of the fastest-growing FMCG companies nationally.
The success story doesn’t stop there. The company has partnered up with retail conglomerates like Pittie Group and Kishore Biyani’s Future Group to make their products widely available across different store formats.
In terms of recognition for its achievements: co-founder Baba Ramdev bagged the IMPACT Person of the Year 2017 Award for shaking up India’s FMCG industry.
Patanjali Ayurved also made headlines when it acquired Ruchi Soya – a prominent food company – back in December 2019. This acquisition further bolstered their presence within the food sector.
A key part of their business model revolves around contract farming which enables them to provide organic and herbal products consistently while nurturing local farming communities at large.
Leading figures include Baba Ramdev himself along with CEO Acharya Balkrishna who owns an impressive 94% share within the company.
Patanjali Ayurved is undoubtedly making strides not just within Indian markets but potentially globally as well through its distinct blend of traditional wisdom and modern enterprise.
2. Dabur India Ltd
Stepping into the realm of Ayurveda, you’ll undoubtedly come across Dabur India Ltd. This leading FMCG company in India is a global leader in Ayurveda with a portfolio boasting over 250 herbal and Ayurvedic products. The company’s operations span three Strategic Business Units: Consumer Care Division (CCD), International Business Division (IBD), and Consumer Health Division (CHD).
Here’s some key data about Dabur:
| Aspect | Details |
|---|---|
| Revenue & Profit | Q1 FY24 reported consolidated net profit of Rs 456.61 crore and total income of Rs 3,240.25 crore |
| Employees | Over 955 employees |
| Main Products/Services | Product portfolio includes hair care, oral care, health care, skin care, home care, and foods |
| Key Clients | Sold through retail chains, e-commerce platforms, specialised channels like beauty retail & salons, chemists & Ayurvedic pharmacies |
| Headquarters Location | Ghaziabad, Uttar Pradesh, India |
Besides being one of the largest fast-moving consumer goods (FMCG) companies in India**, Dabur has made notable strides in its journey. In October 2022 for instance they acquired a 51% stake in Badshah Masala – a firm known for manufacturing marketing and exporting ground spices blended spices and seasonings.
The company was founded by S.K. Burman and it’s currently led by the fifth generation of the Burman family. Financially speaking 60% of its revenue comes from the consumer care business followed by the food business contributing to around 11%, with the remaining from their international business unit.
While constantly evolving, Dabur focuses on developing Ayurvedic and natural healthcare products as part of their research development efforts. Over time they’ve made three acquisitions spending over $171 million including ORS Hair Care Badshah Masala amongst others.
3. Baidyanath
Diving into the world of Ayurveda, you’ll find Baidyanath anchoring a significant position in India’s landscape. With an operating revenue exceeding INR 500 crore for the financial year ending on 31 March 2022, it’s clear that Baidyanath has firmly established its commercial footprint. Interestingly, the company’s EBITDA and net worth have seen positive growth too, with increases of 3.72% and 11.59% respectively over the previous year.
| Revenue | Increase |
|---|---|
| EBITDA | 3.72% |
| Net Worth | 11.59 % |
Now let’s consider their workforce – as of March 2020, Baidyanath boasts around 5,000 employees contributing to its success.
Serving customers with an extensive range of over 700 Ayurvedic products, Baidyanath specialises in classical herbal medicines. You’ll also find lifestyle-oriented patented medicines for skin, hair and digestion issues among their offerings along with FMCG products like personal care and food items.
Baidyanath’s reach is truly impressive – they serve a wide clientele through an extensive distribution network which includes around 800 distributors and a staggering 60,000 outlets. It all starts from their headquarters located in Kolkata, West Bengal.
A testament to its long-standing reputation is its rich history spanning over a century since being established in 1917 by Pt. Ram Narayan Sharma and Pt. Ram Dayal Joshi.
About their market share, well it’s nothing short of substantial, with a retail footprint extending to over 700,000 stores and 5,500 franchises. In addition to this physical presence there’s also AllAyurveda.com – an online platform housing more than 4,500 SKUs, roughly 1,000 of which are from Baidyanath itself.
Their journey doesn’t stop here though; they’ve shown remarkable commitment towards research & development with a dedicated department focusing on delivering tailored solutions while maintaining their broad product range.
While it might be hard to single out specific awards or recognitions for Baidyanath given our research limitations; you can’t ignore their tried-and-tested success within the industry as evidence enough of their achievements.
In line with global expansion plans Baidyanath has been eyeing acquisitions specifically within the US market as part of its strategy to grow its herbal business further.
From humble beginnings over a century ago; today Baidyanath stands tall as one amongst India’s top ten Ayurvedic companies showcasing innovation coupled with deep-rooted tradition.
4. Himalaya Wellness
When you think of Ayurvedic companies in India, it’s hard not to mention Himalaya Wellness. This company has made a name for itself on the global stage, serving customers in over 106 countries.
With estimated annual revenues between $200 million and $500 million, it’s clear that there’s high demand for their products. These figures are impressive, but they’re backed by a team of over 4,155 employees who work diligently to maintain the company’s reputation.
Here is a summary of some key data about the company:
| Revenue | Employees | Headquarters |
|---|---|---|
| Between $200m and $500m per year | Over 4,155 | Bengaluru, Karnataka |
Himalaya offers an extensive range of products that cater to various needs. From Ayurvedic medicines and personal care items to baby care and animal health products – they’ve got you covered.
They’re also a force to be reckoned with in the face packs/mask category where they command a significant 12% market share. Now that’s an achievement worth noting!
The story behind Himalaya is as fascinating as its product range. Founded by Mohammad Manal back in 1930 in Dehradun under the original name ‘Himalaya Drug Company’, this organisation has evolved into what we now know as Himalaya Wellness Company.
One thing that sets them apart is their commitment to research and development (R&D). They focus on harnessing nature through modern science methodologies to develop pharmaceutical-grade herbal medicine products based on Ayurveda principles.
To summarise:
- A wide range of products
- Serves clients globally
- Strong market presence
- Committed R&D
5. Hamdard India
Unveiling the story of Hamdard India, a leading Unani healthcare brand in the heart of New Delhi, with an impressive history that dates back to 1906. It’s been over a century since Hakeem Hafiz Abdul Majeed and Ansarullah Tabani, both proficient Unani practitioners, laid its foundation.
Boasting an annual revenue of $68.9 million and employing 323 dedicated individuals, Hamdard has positioned itself as a progressive force in health and wellness sector. This premier institution offers a range of products including but not limited to Rooh Afza, Safi, Roghan Badam Shirin, Sualin, Joshina and Cinkara.
While we don’t have exact numbers on their market share, it’s clear that flagship products like Rooh Afza command significant presence in the market. The iconic red syrup is almost synonymous with summer refreshment across Indian households.
In their relentless pursuit for innovation within natural product solutions based on the Unani System of Medicine, Hamdard Laboratories continues to be at the forefront of research and development. Their commitment has earned them international acclaim – they recently received the ‘2nd International Sheikh Zayed Award 2022’ for globalizing AYUSH system contributions.
As part of their marketing strategy, Hamdard has built associations with notable Bollywood personalities such as Juhi Chawla and Kriti Sanon who’ve served as brand ambassadors for Rooh Afza and Safi respectively.
Let’s take a peek into some key facts about this incredible Ayurvedic company:
| Fact | Detail |
|---|---|
| Revenue | $68.9 million |
| Employees | 323 |
| Headquarters Location | New Delhi |
| Established In | 1906 |
| Main Products/Services | Rooh Afza,Safi,Roghan Badam Shirin,Sualin,Josina,Cinkara |
So there you have it – your guide to Hamdard India, one of India’s top Ayurvedic companies making strides in promoting holistic healthcare based on traditional wisdom.
6. Zandu Care
Let’s delve into the details of one of India’s renowned Ayurvedic companies, Zandu Care. Being a crucial part of the Emami Group, it boasts a valuation of Rs 750 crore as of 2021. The company saw a domestic revenue growth rate for its iconic Zandu and Mentho Plus brands standing at 7% in the financial year 2021.
| Revenue (2021) | Domestic Growth Rate (FY21) |
|---|---|
| Rs 750 Crore | 7% |
Operating with around 11-50 employees, Zandu Care is headquartered in bustling Mumbai. They’ve built their success over more than a century, proudly carrying forward a 110-year-old Ayurvedic heritage and legacy.
Your health needs are well catered for by their extensive range of products. From the legendary Zandu Balm to rejuvenating options like Zandu Chyavanprash Avaleha, Zandu Kesari Jivan and Zandu Pancharishta – they’ve got you covered whether it’s digestive health, mental wellness or sexual health.
Their clientele spans across those seeking natural solutions to various health concerns such as immunity enhancement, bone & joint health and women’s wellness among others.
Zandu Care has also made notable strides in forming key partnerships. A significant example being teaming up with the Indian Association of Physiotherapists on their Fast Relief brand. This partnership is further strengthened with endorsement from Dr Ali Irani, ex-physiotherapist for the Indian Cricket Team.
Since its establishment in1910 by Pattani (Prime Minister of erstwhile state Bhavnagar) and famed Vaidhya – Zandu Bhatt, this company has evolved tremendously while staying true to its roots. It seamlessly marries traditional practices from ancient Ayurvedic scriptures like Sushrutha Samhita and Charaka Samhita with modern technology to deliver top-notch quality products.
Research plays an integral role at Zandu Care which operates GMP-certified advanced Ayurvedic research facilities under expert supervision to ensure product excellence.
Though specific market share data remains elusive, no doubt exists about them being substantial players within India’s Ayurvedic product market landscape.
While accolades remain undisclosed currently, they’re not short on celebrity endorsements with Bollywood actor Akshay Kumar backing their BoroPlus Antiseptic cream.
Finally yet importantly it falls under the umbrella of Emami Group which houses several other power brands including Navratna, Kesh King and Boroplus amongst others.
7. Vicco Laboratories
Delving deeper into the world of Ayurvedic companies in India, you’ve arrived at Vicco Laboratories, a powerhouse of natural care products. Don’t be deceived by its humble beginnings; this company has grown to become one of India’s leading names in the field.
In 2021, Vicco Laboratories boasted a revenue of a whopping INR 190 crore. That’s no small feat for any business! Operating with about 200-500 dedicated employees, they’ve managed to build an empire that exports their exceptional products to around 45 countries worldwide.
Diving into their product range, they offer an extensive selection focused on oral care, skin care, hair care and personal care. Some crowd favourites include Vicco Turmeric Skin Cream, Vicco Vajradanti Toothpaste and Vicco Amla Hair Oil. These products have not only won over Indian customers but also people across the globe.
What’s even more impressive is how Vicco Laboratories has been recognised for their extraordinary work time and again. Their trophy cabinet boasts several national and international accolades in fields like advertising, export quality and international trade. Notably, they bagged the prestigious “International Trade Trophy – Phoenicia” back in 1980.
The seeds for this successful venture were sown by Keshav Vishnu Pendharkar way back in 1952 starting with just a tooth cleaning powder which later blossomed into an array of remarkable Ayurvedic solutions we see today.
A quick mention must go towards their recognitions too; they’ve been honoured with awards such as the Golden Globe Tigers Award (2015) held at Kuala Lumpur, Malaysia along with the ABP Brand Excellence Award under Marketing Campaign category (2017).
Located snugly at Ramdaspeth in Nagpur city of Maharashtra state in India is where you’ll find their headquarters bustling with innovation and creativity to provide you nothing but best from nature’s lap.
8. Dr. Asma Herbals
When you’re exploring the landscape of Ayurvedic companies in India, Dr. Asma Herbals stands out prominently. With roots dating back to 1972, this Amritsar-based company has firmly established its footprint in the wellness industry.
The revenues reflect their success – boasting an annual turnover of INR 5-10 Crore. This accomplishment is driven by a skilled team of between 26 to 50 employees, all working harmoniously towards the company’s growth.
| Revenue | Number of Employees |
|---|---|
| INR 5-10 Crore | 26 to 50 |
What sets Dr. Asma Herbals apart is their diverse range of Ayurvedic and Herbal products. From capsules such as the Commando Capsule or Pylo-9 Capsule to oils, powders, tablets and creams; they’ve got it all covered! Notably, their Ayurvedic Kidney Medicine and Dardorest-40 Cap are popular choices among customers.
The driving force behind their innovative products is none other than the company’s Chief Operating Officer who leads the R&D department with his rich experience spanning over two decades. On another front, Prabhdeep Singh Chawla commands marketing and sales for North India while also leading digital marketing platforms for Dr. Asma Herbals.
One can’t discuss Dr. Asma Herbals without mentioning its influence over e-commerce platforms like Amazon.in, Snapdeal.com, or Flipkart.com – a testament to its popularity beyond brick-and-mortar stores.
9. Navayur Herbals
Navayur Herbals is one of the leading Ayurvedic companies in India, specialising in an impressive range of herbal solutions. Based out of Chandigarh, this company has been making waves in the herbal medicine sector.
What sets them apart is their wide variety of products. They offer everything from herbal powders and oils to teas, juices, cosmetics and over-the-counter (OTC) products. There’s something for everyone. Whether you’re seeking a natural remedy for a common ailment or looking to incorporate more holistic elements into your skincare routine, Navayur Herbals has got you covered.
But it isn’t just about their product line-up. The firm prides itself on being an ISO-certified brand which operates under WHO and GMP-certified units – a testament to their commitment to quality and safety. This achievement underscores their position as a pioneer brand within the industry.
Above all else, what truly distinguishes Navayur Herbals is its unwavering focus on research and development (R&D). Recognising that innovation is key to staying ahead of the curve, they prioritise microbiological testing along with scientific research in their production process.
Here’s a quick overview:
| Key Information | Details |
|---|---|
| Main Products/Services | Herbal powders, oils, teas, juices, cosmetics, OTC products |
| Headquarters Location | Chandigarh |
| Major Achievements | ISO certification; production under WHO & GMP-certified units |
| R&D Focus | Microbiological testing; scientific research |
10. Sandu Brothers
Let’s dive into the rich history of Sandu Brothers, one of India’s premier Ayurvedic companies. Over a span of 122 years, they’ve made quite the name for themselves in the realm of Ayurveda and herbal pharmaceuticals.
Founded back in 1899, this business started from humble beginnings in a small room in Girgaon, Mumbai. Recognising an increasing demand for their products, they later shifted their factory to Chembur. Today, their headquarters proudly stand in Mumbai, Maharashtra.
Being specialists in manufacturing and marketing Ayurvedic medicines, Sandu Brothers boast an impressive range of products tailored to various health needs. These offerings cement their reputation as genuine contributors to the industry.
Though exact revenue and profit figures remain undisclosed publicly, here’s what we do know about their financial standing:
| Share Capital Type | Amount (INR) |
|---|---|
| Authorized | 50.0 lakhs |
| Paid-Up | 35.0 lakhs |
On another note, it’s important to mention that this isn’t some massive corporation lost in bureaucracy and red tape – it’s a tightly-knit team comprising between just 11-50 employees! This intimate setup ensures every individual contributes significantly towards reaching company goals.
Conclusion on Best 10 Ayurvedic Companies in India
We’ve journeyed together through the world of Ayurveda, exploring some of the finest companies in India that have mastered this ancient science. Each company we’ve explored has its unique strengths and contributions to the wellness industry, providing solutions for a healthier and more balanced lifestyle.
In conclusion, it’s clear that India is home to an incredible diversity of Ayurvedic companies committed not just to business growth but also promoting holistic health and well-being. They all contribute immensely in keeping alive this treasure trove of knowledge known as Ayurveda which aims at harmony between mind, body and soul. Wherever you’re based within or outside India, there’s likely an outlet near you supplying these life-enhancing products!
To complement your Ayurvedic wellness regime with aromatherapy, explore the best essential oil brands in India for a holistic approach to health and well-being.
Remember though – always consult a healthcare professional before starting any new treatment regimen.
FAQs
Which are the top 10 Ayurvedic Companies in India?
1. Dabur India Ltd
2. Himalaya Drug Company
3. Patanjali Ayurved Ltd
4. Baidyanath Ayurved
5. Ayurvedic Life Care
6. Zandu Ayurveda
7. Arya Vaidya Sala
8. Kottakkal Arya Vaidya Sala
9. Vicco Laboratories
10. Shree Dhootapapeshwar Ltd
What Is The Specialty Of Dabur India Ltd?
Dabur India Ltd Is The 4th Largest FMCG Company In India And Specialises In Health Care, Personal Care, And Food Products, Many Of Which Are Based On Ayurvedic Principles.
What Products Do Patanjali Ayurved Offer?
Patanjali Ayurved Offers A Wide Range Of Ayurvedic And Herbal Products, Including Healthcare, Beauty And Wellness Products, Food And Beverages, Medicine And Health Supplements.
Additionally, if you are interested in herbal teas that complement Ayurvedic treatments, check out the leading herbal tea brands in India for a refreshing experience.
What Is Unique About Baidyanath?
Baidyanath Is One Of The Leading Manufacturers Of Ayurvedic Medicines In India. It Is Known For Its High-Quality Herbal And Ayurvedic Products That Adhere To Ancient Ayurvedic Principles.
What Is The Contribution Of Himalaya Wellness In The Ayurvedic Market?
Himalaya Wellness Has A Comprehensive Range Of Pharmaceutical-Grade Ayurveda Products And Is Known For Its Research-Driven Approach And Scientifically-Tested Products. It Has A Portfolio That Covers Health Care, Personal Care, Baby Care, And Animal Health Products.
