Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Herbal Toothpaste market grow even more. Market players are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Herbal Toothpaste industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Herbal Toothpaste industry to benefit clients and increase the market sector. In recent years, the Herbal Toothpaste industry has offered some of the most significant advantages to gum health. Major players in the Herbal Toothpaste market, including Dabur India Ltd, Colgate-Palmolive Company, Vitro Naturals, Alacer Corporation, Patanjali Ayurved, Vicco Laboratories, Himalaya Holdings Ltd., Glaxo Smith Kline plc, Procter & Gamble, and others, are attempting to increase market demand by investing in research and development operations.
Dabur Ltd, headquartered in Ghaziabad, is an Indian multinational consumer goods company. The company manufactures natural consumer products and ayurvedic medicines and is also one of the largest and fastest-growing consumer goods (FMCG) companies in India. Dabur's product portfolio consists of over 250 herbal and ayurvedic products, present in oral care, health care, hair care, home care, skincare, and food & beverages. The company gains around 60% of its revenue from the business of consumer care, and the food business provides 11%, and the remaining from the international business units.
In 2017, the company is, the prime player in the natural product market, collaborated with the e-commerce giant Amazon to make its products available online. Around 30 products, inclusive of Meswak toothpaste, are sold online, and more than 80 products are expected to be sold through online channels in the coming years.
Colgate-Palmolive Company, headquartered in New York, is a diversified American company that manufactures and distributes household and commercial cleaning products, dental and personal care products, and pet foods in the United States and operates in more than 200 other6 countries and territories globally. The Indian unit of Colgate-Palmolive Company launched a product called Cibaca Vedshakti in the same segment of Herbal toothpaste. This is the first local and successful brand in the segment of Ayurveda. With the changing trend of the market, the company also added new products to its portfolio, like revitalizing Active Salt Neem and Sensitive Clove toothpaste.