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11-Herbal Drugs Industry

The herbal drug industry is a fast-growing sector both in India and globally. In India, thousands of plant species are used in herbal medicine in systems like Ayurveda and Unani. The herbal market in India is estimated to be worth 7,000 crore currently and is projected to reach 14,500 crore by 2012, growing at 20-25% annually. Globally, the herbal products market is worth over $60 billion annually and is growing. Major markets include the US, EU, Germany, and France. India's herbal exports were worth over 3600 crore in recent years. However, India has yet to realize its full potential in the international herbal trade. Significant research on

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Mamta Pant
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2K views10 pages

11-Herbal Drugs Industry

The herbal drug industry is a fast-growing sector both in India and globally. In India, thousands of plant species are used in herbal medicine in systems like Ayurveda and Unani. The herbal market in India is estimated to be worth 7,000 crore currently and is projected to reach 14,500 crore by 2012, growing at 20-25% annually. Globally, the herbal products market is worth over $60 billion annually and is growing. Major markets include the US, EU, Germany, and France. India's herbal exports were worth over 3600 crore in recent years. However, India has yet to realize its full potential in the international herbal trade. Significant research on

Uploaded by

Mamta Pant
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Herbal Drug Industry

Introduction
Recently there has been a shift in universal trend from
synthetic to herbal medicine, which we can say ‘Return to
Nature’
Medicinal plants have been known for millennia & highly
esteemed all over the world as a rich source of medicinal
agents
In our country, there are so many plants available, therefore
India known as ‘Medicinal Garden of World’.
In India, system of medicine like Ayurveda, Siddha, Unani,
homeopathy, Yoga & Naturopathy are being utilized for the
health care of people.
one reason for popularity of natural products is that belief
that all are safe, non –toxic, less side effect, easily affordable
prices.
In international market now a days, herbal drug industry is
very fast growing sector.
India has not done well in this international trade of herbal
products in market.
Scope of Herbal Drug Industry
In india, raw drugs obtained from around 2,400 plant
species.
1) Herbal Market:
Fastest growing market & may attain to 14,500 crore by
2012 & exports to 9000 crore with a CAGR
(compound annual growth rate) of 20 % & 25%
respectively, according to Associated Chambers of
Commerce & Industry of India(Assocham)
The ‘Herbal Industry Biz’ has reveled that currently, the
Indian herbal market size is estimated at 7000 crore &
over 3600 crore of herbal raw materials & medicine are
exported by india.
Reason for unexpected growth of herbal farm by gov. for
improving quality of drugs and promotion of exports,
As per Associated chamber of Commerce & Industry
(ASSOCHAM), the herbal drug & its application become very
popular across the world.
In India, about 25,000 licensed pharmacy are working.
Presently 1000 single drugs & about 3000 compound
formulations are registered.
In india, about 8000 medicinal plants are used.
Non of them have a standerd marker & animal for their bioactivity.
From abt 8000 manufaturares , 25 mfgs large scale mfgs.
The annual turnover is around US $ 300 million in Ayurvedic &
Unani medicine was about US $ 27.7 million.
World Wide Herbal Trade
Global market for herbal product stands at over $ 60 billion
annualy…now it is 6.5% increased.
Significant factor:
1) Preference of consumers for natural therapy
2) Concern regarding undesirable side effects of modern
disease.
3) the belief that herbal medicines are free from side
effect.
It is effective in certain disease and less in cost
According to WHO market value
per year
Country (2018) Market value
US $ 52 billion
EU $ 16 billion
Germany $ 55 billion
France $ 36 billion
Italy $ 16 billion
others $ 8 billion
Country (1996) Market value
US $ 4 billion
EU $ 10 billion
India $ 1 billion
others $ 5 billion

Country (1997) Market value


EU $ 7 billion
Germany $ 3.5 billion
France $1.8 billion
Italy $ 700 million
UK $ 400 million
Spain $ 300 million
Netherlands $ 100 million
In India, there are total of 9,493 manufacturing units, of which mostly are small scale
units (8,000) having an annual turnover of less than one crore. Some of the well-known
industrial houses with annual turnover of more than 50 crores are Dabur, Zandu,
Himalaya, Shree Baidyanath, Arya Vaidya Shala etc. Though the number of
manufacturing units with higher turnover is less, still they are the ones which consume
about 35% of the total raw material used.

A large number of academic, industrial and


government institutes are conducting research on the
medicinal plants of India. Many international data-
bases and web-sites do not cover even the work
published in the Indian Journals. Hence, there is a
India future market growth in trade of
global lack of awareness of the mass and nature of herbals industry

work carried out on diverse aspects viz. ethnobotany,


phytochemistry, pharmacognosy, pharmacology,
clinical trials, safety studies and formulation-research.
Herbal Research Institute/Centres in India
Thank you

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