Herbal System of Medicine

Over the past decade, herbal medicine has become a topic of increasing global importance, with both medical and economic implications. In developing countries, as much as 80% of the indigenous populations depend on traditional systems of medicine and medicinal plants as their primary source of healthcare.

The global herbal supplements and remedies market is to hit $93.15 billion by 2015. According to research from Global Industry Analysts the global herbal supplement and remedy industry is forecast to exceed $105 billion by 2017. Over the past ten-year period, the market has recorded strong growth, relatively unaffected by the economic recession

In 2008 global market for herbal remedies across all segments currently brings in about $83 billion. Depending on the segment, growth is steady, ranging between 3% and 12%. Herbal dietary supplements ($11 billion) and herbal functional foods ($14 billion) make up over a third of the market. The global herbal pharmaceutical industry (including drugs from herbal precursors and registered herbal medicine) contributes $44 billion. Herbal beauty products make up the remaining $14 billion of the market. In the global cosmetics market, herbal ingredients are estimated to have a 6% share of the market, and are exhibiting the strongest growth, between 8% and 12 %. U.S. In 2005, U.S. herb and botanical sales were at $4.4 billion, with an estimated growth rate of nearly 4%. In 2006, sales grew to $4.6 billion. Sales increased by 4.5% in 2011, reaching a total estimated figure of nearly $5.3 billion (USD). In 2012, the sales were nearly $5.6 billion (USD) with a growth of 5.5%.Sales of herbal dietary supplements in the United States increased by 7.9% in 2013, reaching a total estimated figure of six billion dollars for the first time.

Nutraceuticals and traditional medicine - evidence based health care claims they are utilized as a part of the upkeep of wellbeing and in the counteractive action, conclusion, change or treatment of physical and mal adjustment and there are a wide range of frameworks of Natural home grown items, and the reasoning and practices of each are impacted by the overarching conditions, environment, and geographic region the Global exchange and commercialization of Traditional medicine inspired drug discovery and development from medicinal plants by the Stability: the life span of herbal products

  • Phytopharmaceuticals
  • Herbal drugs adulteration
  • Chinese herbal medicine
  • Traditional herbal medicines
  • Stability of herbal products
  • Future of ancient system of medicine

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