Herbal Toothpaste Market Growth to Propel Based on Changing Consumer Preferences Towards Natural Products Owing to Growing Health Awareness Till 2025 | Million Insights

Among the distribution channel, hypermarket & supermarket occupied the largest market share in 2018. Expanding the supermarket chain in developing countries such as India and China and modernization in retail sectors are supplementing the market growth of the segment. For example, China witnessed a sharp rise in the number of supermarkets from 500 in 2006 to 8,500 in 2016. Among the distribution channel, hypermarket & supermarket occupied the largest market share in 2018. Expanding the...

Among the distribution channel, hypermarket & supermarket occupied the largest market share in 2018. Expanding the supermarket chain in developing countries such as India and China and modernization in retail sectors are supplementing the market growth of the segment. For example, China witnessed a sharp rise in the number of supermarkets from 500 in 2006 to 8,500 in 2016.

On the other hand, the online sales channel is estimated to register the highest growth rate of 10.4% from 2019 to 2025. Key players are partnering with online retailers to consolidate their market presence online. For example, Patanjali collaborated with multiple online retailers such as Paytm, Grofers, 1 mg and others to strengthen its product reach. The company is focusing on making its all products available online.

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Asia Pacific held 90% of the market share in 2018. Growing demand for herbal products from countries such as India, Thailand and China is driving the regional growth. Further, increasing focus towards a healthy lifestyle and rising per capita expenditure is anticipated to proliferate the product demand over the next few years.

Key players operating in the market include Dabur India Limited, Patanjali Ayurveda, Amway, GlaxoSmithKline plc, Himalaya Wellness, Procter & Gamble, leverayush, INC, Colgate-Palmolive Company and VICCO LABORATORIES among others.

Further key findings from the report suggest:

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Million Insights has segmented the global herbal toothpaste market by distribution channel and region:

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