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.

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

Related Conference of Herbal System of Medicine

April 04-05, 2024

17th European Biosimilars Congress

Madrid, Spain
April 11-12, 2024

5th Annual Congress on Antibiotics and Bacterial Infections

Amsterdam, Netherlands
May 09-10, 2024

4th Global Summit on Pharmaceutical Research

Barcelona, Spain
May 16-17, 2024

18th World Drug Delivery Summit

Rome, Italy
May 30-31, 2024

9th Pharmaceutical Chemistry Conference

Paris, France
July 25-26, 2024

34th Annual European Pharma Congress

Frankfurt, Germany
September 11-12, 2024

9th International Conference on Future Pharma and Innovations

Amsterdam, Netherlands
September 25-26, 2024

4th World Congress on Rare Diseases & Orphan Drugs

Paris, France
November 26-27, 2024

3rd World Conference on Pharma Industry and Medical Devices

Zurich, Switzerland
November 26-27, 2024

3rd World Congress on Precision and Personalized Medicine

Zurich, Switzerland
November 28-29, 2024

39th World Congress on Pharmacology and Therapeutics

Paris, France
November 28-29, 2024

12th International Conference on Clinical Trials

Vancouver, Canada
December 05-06, 2024

17th World Drug Delivery Summit

Dubai, UAE

Herbal System of Medicine Conference Speakers

    Recommended Sessions

    Related Journals

    Are you interested in