New Frontiers in transforming Future of Medicinal Plants and Natural Products Research at Medicinal Plants 2019
Indian therapeutic plant extract industry has been seeing critical development in the recent years because of the on-going upsurge in the use of natural medicines and beauty care products.
- (1888PressRelease) November 14, 2018 - Medicinal Plants are much regarded everywhere throughout the world as a rich source of remedial agents for the avoidance of diseases and ailments and thus development of therapeutic plants particularly high esteem medicinal plants is making new measurement in the field of Agriculture. According to our latest research outlook from 2015-2022, herbal market is relied upon to develop in the coming a very long time because of elements like move in pattern from synthetic to herbal medicine. Medicinal Plants has been one of the major elements for traditional system of medicines. Herbal products are gaining popularity in developing and developed countries due to its natural origin, less side effects when compared to synthetic drugs.
Key investments and expansion in herbal extract sector has led many drug manufactures to use more and more of plant extracts for the manufacturing of the medicinal products for curing infectious diseases. Government activities are additionally driving the business as government is stressing on the preservation of natural resources by defining different represents the protection of forests containing medicinal plants and development of therapeutic species alongside foundation of medicinal plants handling zones.
Due to the immense demand for traditional medicines globally, it seems to be very huge potential in this sector having a diversified advantages in emerging area.
China has made very good progress in utilizing herbal wealth by promoting its use in the developed world. In China, the annual herbal production is worth US$ 48 billion, with export of about US$ 3.6 billion. Global market analysis for all categories of herbal products is estimated at US$ 62 billion. The present global market for botanical and plant-derived drugs was valued at $23.2 billion in 2013 and $24.4 billion in 2014. This total market is expected to reach $25.6 billion in 2015 and nearly $35.4 billion in 2020, with a compound annual growth rate (CAGR) of 6.6% from 2015 to 2020.
Medicinal Plant Conferences attract the attention of experienced practitioners, renowned professionals and intellectuals in their relevant fields as Plenary Speakers, Session Specialists, and Organizing Committee Members. Conference Series Ltd is always committed to professional development of participants, hence helping them with continuing their research in the natural products and their medicinal values.
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Contact us:
Alekya D | Manager
Medicinal Plants 2019
T: +1-650-889-4686 | E: medicinalplants ( @ ) pharmaceuticalconferences dot org
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