The herbal industry refers to the sector that deals with the cultivation, processing, manufacturing, and commercialization of plant-based products used for medicinal, therapeutic, cosmetic, and nutritional purposes.
This industry is an integral part of traditional medicine systems, such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Siddha, and Homeopathy.
With the increasing global awareness of the benefits of natural and organic products, the demand for herbal medicines and supplements has been growing rapidly.
The herbal industry encompasses various sectors, including:
Herbal Pharmaceuticals – Herbal medicines and supplements
Aromatherapy & Essential Oils – Oils extracted from plants for therapeutic purposes
Cosmetics & Personal Care – Herbal skincare, hair care, and beauty products
Nutraceuticals & Functional Foods – Herbal supplements for health and wellness
Herbal Agriculture & Cultivation – Farming of medicinal and aromatic plants
This industry plays a crucial role in healthcare, providing alternative and complementary medicines with fewer side effects compared to synthetic drugs.
Additionally, it supports economic growth, especially in rural areas where medicinal plants are cultivated and harvested.
