Global Markets for Agro Health Products

Description

Digital Note

• Medicinal plants found from Himalayan to marine and desert to rain forest ecosystems
• More than 7000 plants species have known used as medicinal plants
• Ayurveda – more than 3000 years old system of medicine has widespread acceptance
• Ayurveda, Siddha and Unani systems of medicine have more than 90% formulations which are plant based
• The export demand of medicinal plants estimated about 1, 34,500 MT with export value of 3211 Crore during 2014-15
• World herbal trade $120 billion. India’s share 2%
• India is the largest producer and exporter of turmeric
• Ashwagandha sales in 2018 increased 165.9%.
• Ashwagandha has been one of the 40 top-selling ingredients in natural retail stores since 2015.
• In US, herbal supplements sales have doubled since 2004.
• India’s herbal exports growing at 14%.

Download the Handbook on Global Markets for Agro Health Products

Compiled by
Suhayl Abidi

Published by
GoG-AMA Centre for International Trade
Ahmedabad Management Association