Like every large organization, Maharshi Badri follows Corporate Social Responsibility i.e. CSR. We are looking forward to having an association with all the companies / NGOs who have to discharge CSR obligations by providing them consultancy & helping.
Ayurveda is the most ancient living system of healthcare. The modern quest for a healthy lifestyle has led to the fast-growing acceptance of Ayurvedic and Herbal products and has created good market conditions for the Herbal sector, world over. India’s share in the export of herbals is 2.5% of the total global herbal market. While with the same biodiversity and ancient culture China has a 13% share of the global herbal market. So there is obviously vast scope for Indian manufacturers for entering the growing worldwide opportunities of business in the Herbal Pharmaceutical field. WHO predicts the overall pharmaceutical market to reach the US $ 5 trillion by 2050. The major objective of this study is to critically appraise the potential for herbal Ayurvedic products and identify the problems and prospects of this sector.
Global Market of Herbal and Ayurveda Products
The demand for medicinal plants is increasing every day and the World Health
Organization (WHO) has projected that the global herbal market will grow to $ 5
trillion by 2050 from the current level of $ 62 billion India and China are the
largest producer of more than 70% of global diversity. India’s share is 2.5%,
against China’s 13%. The significant global herbal export market include the EU,
USA, Canada, Australia, Singapore, and Japan. New emerging market (globally)
includes Brazil, Argentina, Mexico, China, and Indonesia. The major products as within the herbal sector from an international perspective include pharmaceuticals,
which are further divided into medicinal and aromatic plants, plant material extracts,
plant materials, spices, herbs, and cosmetics. The market place for medicinal
plants used in dietary supplements is growing in the European continent along
with Japan and USA.