Indian herbal market shows record growth, expected to hit Rs 14.5cr in 2012

The Indian herbal market has recorded an encouraging growth, short to China by just two notches, as the largest producer of medicinal plants. The impending Ayurvedic industry is gradually gaining global acceptance and strongly emerging as an alternative system of medicine and health care.

As per projections generated by WHO, the global herbal market will lucratively grow upto crescendo of $5 trillion by 2050. With current Indian herbal market worth Rs 7,000 crore ($1.7 billion) and India exports herbal raw materials and medicines worth over Rs 3,600 crore ($902 million), Over- the-counter herbal products also constitute 20 per cent of the $165-billion health care industry in the US.
India, that is trying to get a strong-hold, constitutes mere 5 per cent of the Rs 19,000 crore global health care industry.

A prime Ayurvedic company, Ayushkati Ayurved, is fast escalating herbal medicine market in India. This conglomerate has already instituted its presence in Maharashtra and Gujarat through its production centers, latest machinery and a worthy laboratory. This company runs a clinic in New York, along with resourcing its superlative herbs to its distributors in different parts of the world, thus serving numerous nations in relieving them from many ailments.