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The Indian exotic herbs market is expected to be driven in the forecast period of 2024-2032 by the rising exports of medicinal herbs by India. India and China are the leading markets for medicinal herbs. India exports nearly 32,000 tonnes of medicinal herb annually.
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The Indian exotic herbs market is supported by India's domestic as well as export markets intended for homoeopathy. Ladakh is witnessing a rising demand and attention for its rich provision of herbs. The Prime Minister declared Ladakh's 'solo' herb as 'sanjeevani' for the security personnel. First Agro, India's first commercial grower organisation, started producing exotic greens in the year 2011 and has adopted 'codex standards' to make sure the product is sans toxin and pesticide. This is expected to affect the exotic herbs industry in the country positively. Herbs are variously used in herbal beauty products whose demand is increasing as the consumers are becoming more aware of the benefits of exotic herbs.
Exotic herbs are those herbs that are grown at a land that is not native to that herb. For the growth of the herb to be successful, care and measures are taken to make the environment herb friendly.
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Based on the variety, the Indian exotic herbs market is segmented into:
On the basis of the sector, the market is bifurcated into the organised and unorganised sector.
Based on the distribution channel, the industry is divided into:
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India is the second-largest exporter of medicinal herbs in the world. India is second to China, with a total of 6,600 medicinal plants in the country. They both produce up to 70% demand for herbal medicine over the world. The awareness regarding the strengthening of the traditional medicinal system and its scientific purpose is rising in India, with various programmes taking place in the country, such as 'International Arogya 2017'. Various themes such as Ayurveda, Unani, Yoga and naturopathy, Siddha, and homoeopathy are trending in the Indian sub-continent; thus, promoting the healthy growth of herbs.
In India, Ladakh herbs and medicinal plants are an untapped niche, which is expected to be promoted worldwide to get the recognition they deserve. The outlook is such that the recognition will enhance the Indian exotic herbs market, including people as well as farmers of the region. Herbs have a high demand in Indian as well as international cuisine. Due to the booming restaurant industry, which is a consequence of the rising young population in the country and their inflating disposable incomes, the industry is further improving. The increasing globalisation has also aided the growth of the industry in India.
The herbal beauty industry is rapidly rising in India as the consumers are getting conscious of the health benefits these herbal products serve. The industry exhibits tremendous potential for future growth, further aiding the Indian exotic herbal market. The herbal beauty industry is constantly evolving by coming up with various innovations and new trends, including going organic and eco-friendly products. Consumers are leaning towards "natural" products sans parabens, mineral oil, sulphates, and synthetic colours. They are also getting conscious of the ingredients in the products they apply or consume, further accelerating the Indian exotic herbs market growth.
The report gives a detailed analysis of the following key players in the Indian exotic herbs market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The report by EMR covers the macro and micro aspects of the industry. The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's Five Forces model, along with giving a SWOT analysis. It also analyses the price trends and trade data of the industry.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Variety |
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Breakup by Sector |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Indian Exotic Herbs Market Overview
8.1 Key Industry Highlights
8.2 Indian Exotic Herbs Historical Market (2018-2023)
8.3 Indian Exotic Herbs Market Forecast (2024-2032)
9 Indian Exotic Herbs Market by Variety
9.1 Basil
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Lemon Grass
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Parsley Leaves
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Chives
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Oregano Fresh
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Garlic Chives
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Rosemary Fresh
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Others
10 Indian Exotic Herbs Market by Sector
10.1 Organised
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Unorganised
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Indian Exotic Herbs Market by Distribution Channel
11.1 Supermarket/Hypermarket
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Retail Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Indian Exotic Herbs Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Shreenath Agro Tech Pvt Ltd
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Lawrencedale Agro Processing India Pvt Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nisarg Nirman Agro Products Pvt. Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Anusayafresh
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Green Earth Fresh Produce (P) Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Aayurmed Organic Herbals LLP
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mother Herbs (P) Ltd
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Suminter India Organics
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 All-Season Herbs Pvt. Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Natures Basket Limited
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 SPAR India
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Indian Exotic Herbs Market: Key Industry Highlights, 2018 and 2032
2. Indian Exotic Herbs Historical Market: Breakup by Variety (USD Million), 2018-2023
3. Indian Exotic Herbs Market Forecast: Breakup by Variety (USD Million), 2024-2032
4. Indian Exotic Herbs Historical Market: Breakup by Sector (USD Million), 2018-2023
5. Indian Exotic Herbs Market Forecast: Breakup by Sector (USD Million), 2024-2032
6. Indian Exotic Herbs Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Indian Exotic Herbs Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Indian Exotic Herbs Historical Market: Breakup by Region (USD Million), 2018-2023
9. Indian Exotic Herbs Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Indian Exotic Herbs Market Structure
The major drivers of the industry, such as the rising disposable incomes, increasing population, increasing awareness of the health benefits, rising exports, and the growing herbal beauty industry, are expected to aid the market growth.
Ladakh is witnessing a rising demand and attention for its rich provision of herbs. The Prime Minister declared Ladakh's 'solo' herb as 'sanjeevani' for the security personnel. Such initiatives are expected to be the key trends guiding the growth of the industry.
The leading varieties of exotic herbs in the industry are basil, lemon grass, parsley leaves, chives, oregano fresh, garlic chives, and rosemary fresh, among others.
The significant sectors in the industry are organised and unorganised sector.
The leading distribution channels in the market include unorganised retail, supermarket/hypermarket, and online, among others.
The leading players in the market are Shreenath Agro Tech Pvt Ltd, Lawrencedale Agro Processing India Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., S. P. Herbs., Anusayafresh, Green Earth Fresh Produce (P) Ltd., Aayurmed Organic Herbals LLP, Mother Herbs (P) Ltd, Suminter India Organics, All-Season Herbs Pvt. Ltd., Reliance Retail, Big Basket, and Natures Basket Limited, among others.
The Indian exotic herbs market is expected to be supported by the growing exports of medicinal herbs in the forecast period of 2024-2032. India is the second largest exporter of medicinal herbs, exporting nearly 32,000 tonnes of medicinal herbs per annum.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on variety, the industry in India can be segmented into basil, lemon grass, parsley leaves, chives, oregano fresh, garlic chives, and rosemary fresh, among others. The industry is bifurcated into the organised and unorganised sector. The major distribution channels in the industry are unorganised retail, supermarket/hypermarket, and online, among others. The key players in the above market include Shreenath Agro Tech Pvt Ltd, Lawrencedale Agro Processing India Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., S. P. Herbs., Anusayafresh, Green Earth Fresh Produce (P) Ltd., Aayurmed Organic Herbals LLP, Mother Herbs (P) Ltd, Suminter India Organics, All-Season Herbs Pvt. Ltd., Reliance Retail, Big Basket, and Natures Basket Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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