Top 10 Ayurvedic Companies in the World 2024

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Top 10 Ayurvedic Companies in the World 2024

Top 10 Ayurvedic Companies in the World 2024 – With the increased awareness regarding the possible side effects of Western medication and its ineffectiveness, the Ayurvedic medicine sector is experiencing a huge spurge. Ayurvedic medicines and products are emerging as a preferred healthcare solution due to their therapeutic efficiency. So, let’s embark on a journey to understand the Top 10 Ayurvedic Companies in the World 2024.

Ayurved is one of the oldest surviving healthcare systems in the world that originated in India perhaps as long as 3000 years ago. This healthcare system is highly in demand due to its efficiency in not only treating a health condition but also preventing it. These medications not only treat physical conditions but are also seen to provide marvelous mental or spiritual wellness. These products and medications show very few side effects and can be used by any person of any gender or age. 

Despite having such a vast history, ayurveda still holds a huge market not only in India but all over the globe. According to deep market analysis, the Ayurveda market size was valued to be 7273.3 million in 2021 and now is expected to be 16230 million by the year  2028 at a whopping Compound annual growth rate of 12% from 2022 to 2028. This favored form of healthcare system is already a million-dollar industry and is expected to achieve a stronger market position. Top 10 Ayurvedic Companies in the World 2024

 

Top 10 Ayurvedic Companies in the World 2024

Through industry-standard accuracy in analysis and high data integrity, we have curated a list of the Top 10 Ayurvedic Companies in the World 2024. All these companies have established a strong reputation and customer base due to the quality of their product lines and services. 

1. Baidyanath –

 Baidyanath is one of the most trusted names in the Ayurveda industry. This company has built a huge global market and is known to provide a huge product range to treat various therapeutic conditions. Their product range includes different formulations such as juices, churn, colling oils, pure herbs, honey, classic range, and many others. 

GST Number 19AAECS5408D2ZG
Certifications GMP
Total Number of Employees 5000+
Firm Type Private Limited Company 
Company’s Owner/CEO Mr. Vikram Baidyanath
Establishment  1921
Total Product Range  700
Annual Turnover  INR 500 crore 

Key features –

  • Baidyanath products profile consists of 700 OTC and prescription drugs.
  • Their R&D team of experts consists of ten doctorates, scientists, and technical staff. 
  • They are known to distribute their formulations over 1,00,000 retail outlets while catering to over, 50,000 practitioners.
  • Their manufacturing unit is equipped with state-of-the-art technology, well-trained, manpower, and quality standards. 
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Address – Shree Baidyanath Bhawan, 1, Ram Bagan, Kolkata, Pin Code:- 700006

2. Patanjali Ayurveda- 

 Patanjali Ayurveda is a new-age Ayurvedic company that has built a huge empire in just a few years making it one of the Top 10 Ayurvedic Companies in the World 2024. Patanjali is dedicated to delivering the best services, and quality products covering medications, nutraceuticals, cosmetics, and food.

GST Number 05AAECP4424C1ZX
Certifications GMP-WHO, ISO 9001:2015, HALAL, ISO 22000:2018, ISO 45001:2018 
Total Number of Employees 10,000+
Firm Type Public Limited Company 
Company’s Owner/CEO Acharya Balkrishna
Establishment  2006
Total Product Range  900
Annual Turnover  INR 31,000 crore

Key features – 

  • To monitor the quality, they grow many endangered herbs on their farmland.
  • Highly focus on Total Quality Management (TQM) 
  • Their manufacturing unit is highly advanced and is equipped with all the necessary machinery. 
  • They mainly deal in ayurvedic medicine, nutraceuticals, personal care, healthcare,  and Fods.  

Address – Delhi-Haridwar National Highway, Bahadarbad, Haridwar, Uttarakhand Pin Code:- 249405

3. Emami Group – 

This Ayurvedic company is known to cater to a number of niche categories in the personal care and healthcare segments with a network across 60+ nations. They are one of the leading names in the Ayurvedic industry making them one of the contenders among the  Top 10 Ayurvedic Companies in the World 2024.  

GST Number 19AAACH7412G2ZP
Certifications ISO 9001-2008, ISO 14001, OHSAS 18001 & ISCC
Total Number of Employees 3200+
Firm Type Public Limited Company 
Company’s Owner/CEO Mr. Vivek Chawla
Establishment  1974
Total Product Range  450+
Annual Turnover  INR 3,406 crore

Key features – 

  • Provides a 100% quality guarantee in all of their products. 
  • Total 7 manufacturing units in India and 1 overseas. 
  • Uses the best quality ingredients and raw materials that are explicitly sourced from all across India. 
  • Uses high-end sophisticated design and development equipment. 

Address – 687, Anandapur, EM Bypass, Kolkata, Pin Code:-  700107  

4. Herbal Hills – 

 Herbal Hills is one of the leading Ayurvedic Companies worldwide which is also known as the Best & Trusted Manufacturer of Ayurvedic Healthcare Solutions. They have been delivering an extensive array of quality products for the last 20 years. 

GST Number 27AABCH8862P1ZT
Certifications ISO, GMP, USFDA
Total Number of Employees 500+
Firm Type Private Limited Company 
Company’s Owner/CEO Mr. Dhiren Dalal
Establishment  2002
Total Product Range 
Annual Turnover  INR 100 lakhs 

Key features – 

  • Herbal Hills’ business division deals both in B2B and B2C categories.
  • Offers a quality range of herbal tablets. 
  • Herbals Hills is known to offer 9 unique product categories. 
  • Herbals Hills owns herbal cultivation near Mumbai, where all cultivation is done with Organic farming practices without the use of any chemicals. 
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Address – G-3/4, Bharat Apartment, C D Barfiwalla Marg, Andheri West, Mumbai, Pin Code:- 400058  

5. Charak Pharma –

 Charak Pharma is making an essential contribution to improving the healthcare industry through the delivery of affordable and high-quality ayurvedic medications that are seen to have immense therapeutic benefits. 

GST Number 27AABCC4014A1ZH
Certifications ISO 9001:2015, GMP-WHO
Total Number of Employees 5000+
Firm Type Private Company 
Company’s Owner/CEO Mr. Ram Shroff 
Establishment  1947
Total Product Range  160+
Annual Turnover  INR 100 to 500 crore  

Key features –

  • Charak Pharma meticulously researches to formulate a standardized range of the highest quality possible.
  • Deliver their products and services to over 35+ Countries. 
  • Ministry of Science & Technology, Govt of India recognized R&D center. 
  • Highly qualified and experienced to support every process. 

Address – 21, Evergreen Industrial Estate, Shakti Mills, Lower Parel, Mumbai, Maharashtra, Pin Code:- 400011   

6. HimalayaWellness Company –

Himalaya is another well-known name that focuses on the value of natural remedies to treat various health conditions. Since its inception, Himalaya has emerged to be one of the leading ayurvedic companies all around the world. 

GST Number 29AADFT3025B3ZJ
Certifications ISO 9001:2000, GMP-WHO
Total Number of Employees 10,000+
Firm Type Partnership firm 
Company’s Owner/CEO Mr. Shailendra Malhotra 
Establishment  1930
Total Product Range  500+
Annual Turnover  INR 3150 crore 

Key features –

  • A robust network of over 100+ countries. 
  • Himalaya has partnered with prestigious regulatory agencies in the US Pharmacopeias to set up quality standards. 
  • Follows GAP ( Good Agricultural Practices) to cultivate their medicinal plants. 
  • One of the first companies to develop DNA barcodes for 50+ herbs. 

Address – Himalaya Campus Store Makali, Tumkur Road, Bengaluru, Karnataka, Pin Code:- 562123

7. Amrutanjan Healthcare – 

Amrutanjan Healthcare is known to offer deep effective ayurvedic products with no side effects and a deep action formula. They mainly handle analgesics and pain relievers to help people get relief. 

GST Number 33AAACA3164C2ZD
Certifications   GMP-WHO
Total Number of Employees 5000+
Firm Type Public Limited firm 
Company’s Owner/CEO Mr.Pritiranjan Das 
Establishment  1893
Total Product Range  40+
Annual Turnover  INR 394.18 crore 

Key features –

  • Strictly avoid using Diclofenac in their pain-relieving products range as it can to side effects. 
  • Offer a quality range of pain management medications, women’s hygiene, congestion management, and other products.
  • Operated in a highly modern and advanced manufacturing unit. 
  • All of their products undergo stringent quality testing to ensure the required quality.  
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Address – 103, Luz Church Road. Mylapore,  Chennai, Pin Code:- 600004    

8. Dabur – 

Dabur is one of the most prominent Ayurvedic companies in the world with a huge market value. This leading company perfectly understands the quality of pure and good quality natural raw materials delivers a qualitative range of Ayurvedic medicines, food, herbal, home care, personal care products, and others. 

GST Number 09AAACD0474C1Z3
Certifications   GMP-WHO, ISO 14001:2015
Total Number of Employees 7000+
Firm Type Public Limited firm 
Company’s Owner/CEO Mr.Mohit Malhotra 
Establishment  1884
Total Product Range  250+
Annual Turnover  INR 11,281 crore 

Key features – 

  • A robust network of over 120 countries. 
  • Over 6.7 million stores in India. 
  • Hand a different range covering hair care, oral care, skin care, bay care, digestive, cold & cough, health supplements, and many others. 

Address – Kaushambi Corporate Office, Sahibabad, Ghaziabad, Uttar Pradesh, Pin Code:- 201010

Top 10 Ayurvedic Companies in the World 2024

9. Hamdard India – 

This Ayurvedic company mainly focuses on Unani medications to treat various therapeutic conditions designed for the collective benefit of the nation. This company is highly focused on revitalizing, invigorating, and advancing the ancient system of Ayurveda. 

GST Number 07AAATH0842H1ZY
Certifications GMP-WHO, ISO 9001:2008, HCAAP, FDA
Total Number of Employees 1000+
Firm Type Public Limited firm 
Company’s Owner/CEO Mr. Abdul Majeed 
Establishment  1906
Total Product Range  100+
Annual Turnover  INR 650+ crore 

Key features – 

  • Hamdard India has a presence in over 25+ countries in delivering high-quality and cost-effective products. 
  • Their in-house R&D facility is highly dedicated to the quality assurance of their product line.  
  • Their analytical wing is equipped with 21 CFR-compliant instruments including ICP-OES, HPTLC, HPLC, GC, and UV.  

Address –  2A/3, Asaf Ali Rd, Kalyanpura, Besides, Delhi, Pin Code:- 110002 

10.  Vicco Laboratories – 

 Vicco Lab is another great Ayurvedic company that specializes in oral care, skin care, hair care, and personal care. Through their quality products and low cost, they have established themselves as the  Top 10 Ayurvedic Companies in the World 2024. 

GST Number 27AAACV4446N1ZW
Certifications GMP-WHO, ISO 
Total Number of Employees 1500+
Firm Type Private Limited firm 
Company’s Owner/CEO Mr. Ajay Pendharkar 
Establishment  1952
Total Product Range  50+
Annual Turnover  INR 200 to 500 crore

Key features – 

  • An experience of over 7 decades. 
  • Highly advanced and modern Manufacturing unit. 
  • Offers high-quality Ayurvedic range all over the world. 

Address – 78, Farmland, Ramdaspeth, Nagpur, Maharashtra, Pin Code:- 440010   

Conclusion

Ayurveda medicines and products are expected to witness a significant market due to their high demand. This healthcare system mainly focuses on holistic practices, natural remedies, and detoxifying therapies to promote mental and physical well-being. The listed Top 10 Ayurvedic Companies in the World 2024, play a major role as key players in this growth.