Top 10 Ayurvedic Medicine Manufacturing Companies in India – Ayurveda is an ancient Indian system or system of medicine that has been practiced for ages. Over the years, Ayurveda has gained popularity as people are aware of using herbal products instead of chemical products due to the high demand and supply of Ayurvedic products. Many large companies are joining and offering third-party manufacturing rights. As a result, its product’s safety, purity, and reliability are guaranteed. In this blog, we will provide you a complete information about Top 10 Ayurvedic Medicine Manufacturing Companies in India.
Growing Demand For Ayurvedic Products in India
As per latest reports, the global Ayurvedic market size is projected to reach USD 16230 million by 2028, at a CAGR of 12% from 2022-2028. India is the largest Ayurvedic market with about 80% market share. The Indian ayurvedic products market is valued at INR 748.5 billion in 2023 and is expected to reach INR 3207.6 billion in 2032. These numbers indicate a robust and high demand market for ayurvedic products. The Ayurvedic sector also contributes greatly to the economic prosperity of India and its demand is only increasing with each day.
In recent years, the demand for Ayurvedic medicines has seen a significant surge worldwide due to their natural and holistic approach to health and wellness. Ayurveda uses natural herbs and plants in its formulations and has shown some promising effects in many complications. It is famous not only in personal care but also in traditional medicines and supplements. Along with many Ayurvedic medicine manufacturing companies, there are some third party ayurvedic medicine manufacturing companies/units that cater to the demands of this popular sector. Among the myriad of companies in this field, several have risen to prominence for their commitment to quality, innovation, and traditional Ayurvedic practices. Let’s have a look at the Top 10 Ayurvedic Medicine Manufacturing Comapnies in India.
Indian Ayurvedic Products Market Trends
Increasing health concerns due to Western medicine and growing awareness of the benefits of natural and herbal medicines are some of the major factors that driving the growth of the market in India. Also, the growing popularity of Ayurvedic products as a safe and healthy alternative to chemicals and formulations is driving the growth of the market in the country. In addition to this, easy access to Ayurvedic products through online and offline distribution channels, along with increasing prices and availability of products in urban and rural areas of the country will encourage market growth. The study also estimated the value of the country’s Ayurvedic production at Rs 89,750 crore ($11 billion). This figure includes an export value of about 40,900 crore rupees ($5 billion). Imports are worth 8,600 crore ($1 billion).
What is Ayurvedic Herbal Medicine Manufacturing in India?
Ayurvedic product manufacturers are those who make products from other companies under their name. Most of the Ayurvedic product marketing companies choose external companies to start their business. In addition, most companies choose outsourcing to launch a new product in the market. If you are someone who is thinking of investing in this business, you have come to the right place. GetWell BioCare is one of the best Ayurvedic product manufacturers in India, providing services to all Ayurvedic medicine business enthusiasts at an affordable price.
The Future of Ayurvedic Medicine in India
India is a beautiful country known worldwide for its ancient culture. Ayurveda is also one of the oldest cultures in our country, nearly 5000 years old. Ayurveda is a traditional human medicine and that is why people today prefer to use Ayurvedic products rather than synthetic products. Out of India’s total population of around 1.37 billion people, more than 80% of people use herbal medicines and health products. India’s herbal medicine industry is worth around $4.4 billion and growing rapidly every year. So it can be said that investing in third-party herbal medicine manufacturers is very profitable and the market will not decline in the coming years.
Top 10 Ayurvedic Medicine Manufacturing Companies in India
#1 GetWell BioCare| Leading Ayurvedic Manufacturing Company in India
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GetWell BioCare is one of the top ayurvedic medicine manufacturing companies in India that is GMP compliant and ISO 9001:2015 certified. They are reliable and trusted partners to their customers with their commitment to quality in everything right from sourcing, manufacturing, packaging and customer service. They provide an expensive portfolio of products catering to diverse healthcare needs. They provide Third-party Manufacturing, Contract Manufacturing of Ayurvedic Medicines and supplements and much more. All the products are manufactured in state-of-the-art facility and adhere to the strict quality standards. Getwell Biocare is a reputed exporter in this sector too.
Contact information:
Getwell Biocare
Industrial Area, Sonipat Haryana, Pin Code- 131001
Contact no.: +91-9996978366
Email: info@getwelbiocare.com
#2 Fortune Labs
- Year of Establishment: 2018
- Headquarters: India
- Product Range: Ayurvedic medicines, allopathic medicines, health supplements
- Address: Plot No.99, Electricity Board Power Colony, Industrial Area Phase 2, Panchkula, Haryana 134113
Fortune Labs is one of the largest ayurvedic products companies. Apart from this, the corporation is also engaged in the business of allopathic medicines. All accessories are highly effective and of high quality. Moreover, Fortune Labs offers the best assortment of medicines at highly reliable and genuine prices. As a result, Fortune Labs is one of the best Ayurvedic companies in India.
#3 Uniray Lifesciences
- Year of Establishment: 2012
- Headquarters: India
- Product Range: Pure Ayurvedic drugs, PCD Franchise, Contract Manufacturing, Third-Party Manufacturing
- Address: Palam Enclave, Shop no. 6,7 & Shop no. 8,9 Ground Floor, Guru Kripa Complex, Zirakpur, Punjab 140603
Uniray Lifesciences is one of the top 10 Ayurvedic companies in India, having been founded in 2012. They produce only pure drugs. They also provide Ayurvedic PCD Franchise, Contract Manufacturing, Third Party Manufacturing, and other business options. They are committed to providing the best quality medicine which offers best results.
#4 Zoic Pharmaceuticals
- Year of Establishment: 1990
- Headquarters: based in India
- Product Range: Ayurvedic and Herbal healthcare products
- Address: PLOT NO. 194, Sector 82, JLPL Industrial Area, Punjab 160082
Zoic Pharmaceuticals is the market leader and first in the list of Ayurvedic Medicines Manufacturers in India, established in 1990. Their goal is to provide top-class Ayurvedic and Herbal Healthcare products across India while improving the quality of life of the people. heir main aim is to make a difference in life through the knowledge of ayurvedic formulas.
#5 Navayur Herbal
- Year of Establishment: Not specified
- Headquarters: based in India
- Product Range: Ayurvedic medicines
- Address: SCF 246, Motor Market, Manimajra Near Fun, Chandigarh, 160101
Navayur Herbal is a well-known Ayurvedic Medicine Supplier and Trader in India. They arrive on time and use the best packaging materials on the market. Moreover, they have experience of many years and they have a wide range of Ayurvedic medicines. Additionally, they are known for manufactruing high-quality ayurvedic products in India.
#6 Hamdard Laboratories
- Year of Establishment: 1906
- Headquarters: New Delhi, India
- Product Range: Ayurvedic medicines, herbal care remedies, wellness products
- Popular Products: Hamdard Safi, Rooh Afza
- Address: 10/1, Darya Ganj, New Delhi – 110002, India
Hamdard Company was established in India. It is one of the most acclaimed and renowned Ayurvedic brands, offering a wide selection of herbal care remedies for faster healing and long-term effects. Moreover, this organization offers a good and diverse assortment of Ayurvedic items in the market to meet the needs of the people.
#7 Dabur India Ltd
- Year of Establishment: 1884
- Headquarters: Ghaziabad, Uttar Pradesh, India
- Product Range: Ayurvedic medicines, health supplements, personal care, skin care, and food products
- Popular Products: Dabur Chyawanprash, Dabur Honey, Dabur Amla Hair Oil
- Address: Dabur India Limited, 8/3, Asaf Ali Road, New Delhi – 110002, India
Dabur India Ltd. was founded in 1884, and this brand is regarded as superior to other Herbal and Ayurvedic products in India. The Dabur Chyawanprash is the most well-known and popular Ayurvedic product in the market. This brand provides things for sickness, skincare, personal care, and other healthcare needs.
#8 Vicco Laboratories
- Year of Establishment: 1952
- Headquarters: Mumbai, Maharashtra, India
- Product Range: Dental products, skincare products, Ayurvedic medicines
- Popular Products: Vicco Vajradanti Toothpaste, Vicco Turmeric Cream
- Address: Vicco Laboratories Pvt. Ltd., 14/15, East Patel Nagar, New Delhi – 110008, India
Vicco is one of the leading herbal firms in the Indian market, offering a wide range of dental and skincare products. Similarly, they are currently one of the most developing and trusted Ayurvedic brands in India’s Herbal Care Market. Additionally, they are an ISO, GMP, and WHO-certified company that manufactures a high-quality Ayurvedic products in India.
#9 Swastik Ayurveda
- Year of Establishment: 2014
- Headquarters: India
- Product Range: Ayurvedic medicines, wellness products
- Address: Plot No-295, Industrial Area, Phase-2, Panchkula, Haryana 134113
Swastik Ayurveda, founded in 2014, is regarded as one of the Top Ayurvedic Medicine Retailers in India. They create novel medications from natural botanicals. Additonally, the Swastik Ayurveda are recognized for quality and they have established themselves as a valuable names in the Indian Ayurvedic industry.
#10 Pax Healthcare
- Year of Establishment: Not specified
- Headquarters: Likely based in India
- Product Range: Ayurvedic medicines (with DCGI and FSSAI certification)
- Address: Top Floor, SCO 177, Sector 38C, Sector 38, Chandigarh, 160036
Pax Healthcare is well-known and respected in India as one of the best Ayurvedic Medicine Manufacturers and Dealers. They provide a comprehensive range of ayurvedic medications with full DCGI and FSSAI certification verification. Additionally, they are innovating high quality ayurvedic medicines that are necessary for the modern lifestyle.
Conclusion
These top 10 Ayurvedic medicine manufacturing companies in India are exemplify the rich tradition and modern evolution of Ayurveda. Through their dedication to quality, authenticity, and innovation, they continue to shape the landscape of natural healthcare, offering holistic solutions for individuals seeking wellness through Ayurvedic principles. These companies provide pure and natural health products in the Indian market.
FAQs on Top 10 Ayurvedic Medicine Manufacturing Companies in India
Q1. How Do I Start an Ayurvedic Manufacturing Company in India?
A: To start an Ayurvedic manufacturing company in India, you will have to:
- Find a location that is suitable for your manufacturing unit.
- Choose a name of your company
- Apply for a manufacturing license for Unani and ayurvedic drugs.
- You also need to apply for the Ayush loan license. This can be obtained by a GMP certified manufacturer.
- You also need to get the Certificate for Good Manufacturing Practices (GMP).
- Register to test the medicines and the raw materials that are used in the process of manufacturing.
- Obtain the FSSAI license
- Apply for the GST number
- Apply for the ayush manufacturing license from the ministry of Ayush.
- Get the products approved along with the manufacturing license Number file.
Q2. How ayurvedic medicine manufacturers sell their products online?
A: For the ayurvedic medicine manufacturers, to sell their product online, they will first have to register their company and the products across the different online portals and the websites. These portals might require the GST and the PAN card. Once you do this, your products will be listed on the website.
Q3. What is third party ayurvedic medicine manufacturers in India?
A: Third party ayurvedic medicine manufacturers in India is a kind of business contract where one company outsources the production of the ayurvedic products to a specialized manufacturer who manufactures the products based on the formulations and the specifications of the client.
Q4. What is the importance of third party ayurvedic medicine manufacturer?
A: The third party ayurvedic medicine manufacturer helps businesses in several ways :
- Expansion of the businesses
- Saves time and money
- Allows businesses to focus on the growth without putting any effort on the production.
- Reduces the manufacturing costs.
- Increases the production capacity.
- Allows the businesses to customize the products.
- Ensures regulatory compliance
- Allows businesses to have a better control over the supply chain.
Q5. Which are the best third party ayurvedic medicine manufacturers in India?
A: The best third party ayurvedic medicine manufacturers in India are :
- Getwell Biocare
- Patanjali
- Nutica Herbocare
- Baidyanath
- Hamdard India
- Zandu Care
- Vicco
- Forest Essentials
- Himalaya
Q6. Which is the largest ayurvedic medicine manufacturers in India?
A: Getwell Biocare is the largest ayurvedic medicine manufacturers in india.
Q7. Which is the best third party ayurvedic medicine manufacturers in India?
A: Getwell Biocare is the best third party ayurvedic medicine manufacturers in India.
Q8. Who are the top ayurvedic medicine manufacturer company?
- Getwell Biocare
- Dabur India
- Baidyanath
- Zandu Ayurveda
- Ayurveda Lifecare Pvt Ltd.