Medicinal plants industry, market for medicinal plants 2017, global market size for herbal industry, market share of herbal industry, Indian medicinal plants Industry,Top 5 exports of medicinal plants products,Medicinal plants distribution, Opportunities in medicinal plats industry, global herbal market growth, applications of medicinal plants industry in India, Medicinal plats industry 2017
2. Global Market: Medicinal Plant Consumer Industries Overview 5
4
Indian Medicinal Plant Sector Profile 9-10
Indian Systems Of Medicine 8
Global Market: Top 5 Medicinal Plant Producer Countries 7
6
Global Market: Overview 4
Global Market: Regional Share 6
Index
Key Highlights 3
Sources 14
2
Important Commercial Plants 12
12
10-11
Indian Trade Of Herbal Rae Drug 11
Govt. Support Schemes 13
3. Global herbal market size is estimated approx. USD 72 Billion ;to grow further at CAGR of 14.88% to
reach USD 7trillion by 2050
Medicinal plants are used in various industries which are worth around USD 80 Billion
Europe is the largest herbal product market: USD 7.5 billion and has 40 % market share
China has the highest number of medicinal plants and also the leader in export of medicinal plants
globally having 15% sharing global export under this category.
Indian system of medicine use 90% raw material derived from medicinal plants.
Rich in natural resource base, country s’ 90% of the medicinal plants are presently situated in wild
forests.
Demand for herbal raw drug in the country has been growing at CAGR 4.83% since last 10years.
Indian Trade Value of Herbal Raw Drugs in Commercial Demand reached 856 mio.USD. growing at
CAGR of 17.82% since last 10 years.
Opium, Senna, Psyllium are major commercial crops which are presently being produced on very
large scale.
Govt. has been supporting this Sector through various Schemes such as “Conservation, Development
and Sustainable Management of Medicinal Plants”, online market place ‘e-charak’.
Key highlights
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4. Global market: Overview
Global Market (USD Billion)
72
7000
2017 2050
14.88%
CAGR
Global herbal market is valued USD 72 Billion and its
expected to grow further at CAGR of 14.88% to reach
USD 7trillion by 2050.
The shift in healthcare towards natural products
with therap peutic values provides vast
opportunities for medicinal plant sector.
Up to 80 % of people in developing countries are
totally dependent on herbal drugs for their
primary healthcare.
Over 25 % of prescribed medicines in developed
countries are derived from wild plant species.
Demand for wild resources has increased by 8–
15 % per year in Europe, North America, and Asia
in recent decades .
The largest global markets for medicinal and
aromatic plants (MAPs) are China, France,
Germany, Italy, Japan, Spain, the UK and the USA.
Japan has the highest per capita consumption of
botanical medicines in the world.
Global herbal market size is estimated approx. USD 72 Billion ;to grow further at CAGR
of 14.88% to reach USD 7trillion by 2050.
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5. Indian systems of medicine
Percentage of plant species under different systems
of Indian medicine
Ayurveda
Siddha
Unani
Amchi
Western &
Homeopathy
30%
27%
23%
10%
10%
Approximately 15,000 medicinal plants
species are available in India.
Indian systems of medicine use various raw
materials and medicinal plants constitute 90%
of it.
About 3000 plants species are reported to be
used in the codified Indian Systems of
medicines.
Out of this Ayurveda use largest number of
botanical species (900) followed by Siddha
(800 species), Unani (700 species) and Amchi
(300 species).
This richness of resources coupled with a well
codified & documented traditional
knowledge of use of this resource and
modern scientific capability for validating this
knowledge gives India considerable
comparative advantage in the medicinal
plants sector over other countries.
Indian system of medicine use 90% raw material derived from medicinal plants.
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