US, plant drugs constitute as much as 25% of the total drugs, while in fast developing countries such as India and China, the contribution is as much as 80% 2.PRODUCTS AND ITS APPLICATION The project envisages setting up of Medicinal Herbs Extraction Unit based on the raw material strength of Gujarat. The manufacturing unit can focus on
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By comparison, China and India, each with roughly 1.4 billion in population, have as many as 5,000 and 10,500 drug manufacturers, respectively. And the sub-Saharan market's value is still relatively small, at roughly $14 billion compared with roughly $120 billion overall in China and $19 billion in India. 1 1.
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Scope of Herbal Drug Industry In india, raw drugs obtained from around 2,400 plant species. 1) Herbal Market: Fastest growing market & may attain to 14,500 crore by 2012 & exports to 9000 crore with a CAGR (compound annual growth rate) of 20 % & 25% respectively, according to Associated Chambers of Commerce & Industry of India(Assocham) The 'Herbal …
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