According to a new report by Intel Market Research, India’s herbal medicine market is poised for significant expansion, projected to grow from USD 4.92 billion in 2025 to USD 7.23 billion by 2032, registering a CAGR of 8.0% during the forecast period. The market growth is being fueled by increasing consumer preference for natural healthcare solutions, expanding awareness of preventive wellness, and strong government backing for traditional medicine systems under the AYUSH framework.
Herbal medicines, derived from medicinal plants, herbs, roots, flowers, and natural extracts, have become incre