Demand of Ayurvedic Medicines on all time high
• As the world is realizing the side-effects of Allopathy and its inefficiency to provide holistic health the demand for Ayurvedic medicines as safe alternative therapy is all time high around the world. • The beginning of the new century has brought Allopathic method of treatment to take a back track. All over the world there is demanded prevalence of herbal medicines. According to a statistical report, sale of Ayurvedic medicines is estimated to be more than Rs. 3 lakh crore around the globe.
• The major international companies in the field of herbal medicines are depending on India, which is a natural source of herbs. Since the Vedic age the plants, trees and creepers of medicinal value have been recognized in India. The magical effect of the herbs as a medicine has been tested on the scientific platform. According to an estimate the Indian system of medication and homeopathy have a business of over one million dollar, which is equal to Rs. 4300 crore. • The Ayurvedic medicines have a market share of 84 percent in the market. Their usage had been predominant in rural areas, small towns and sub urban areas but now the affluent sections of the society living in the metro cities are also slowly switching to Ayurveda after experiencing the side effects of allopathic medicines.
• According to a survey of WHO the ayurvedic medicines’ business would be 5 trillion dollars in the next five decades. If this report is considered to be true then herbs will rule the 21st century. Presently the traditional ayurvedic medicines have taken 50 percent share in the European markets, which is a major dent for the allopathic medicines. In US alone, the ayurvedic medicines have gained a market share of 12 per cent and the figure is 4 per cent more in case of Japan. As far as the Asian countries are concerned these traditional medicines have dominated the markets with a whopping 195 per cent share and in other European countries it is 4 per cent.
• There is a sudden upsurge in the inclination towards alternative herbal medicines in place of allopathic medicines. According to an information report from the Department of Indian herbal system and homeopathy 10 to 20 percent of the patients in the foreign countries especially the western countries are shifting towards traditional medicines due to the fear of contacting other ailments caused due to the side effects of allopathic medicines. It is extremely difficult to get rid of the side effects which are caused due to the consumption of allopathic medicines. The ayurvedic business is increasing day by day in India. The herbal based cosmetics are also being introduced in the market looking at the immense opportunities in the ayurvedic business. Hair shampoo, hair oil, body lotions, fairness creams, powders, tooth pastes, lipsticks, kajal (eye liner), hair colors, nail polish and many other cosmetics made with herbs and trees are being manufactured these days. The manufactures of herbal cosmetics claim that the usage of these cosmetics has no side effects on the body. Sudden rise in the import of medicinal plants and herbs from India also proves this.