Global Market for Traditional Medicines

The world wide market of Herbal Medicines is to US $ 60 billion (WHO 2002). The world health organization predicts the overall automotive medicine market to reach US $ 5 trillion by 2050 Indian planning commission estimates massive increases in the export value to Rs.30 billion by 2006 and to Rs.100 billion by 2010 In India, the value of medicinal plant related trade is about US $ 10 billion per annum and this industry is growing at the rate of 7.15% annually with exports of US $ 1.1 billion per year. According to an estimate of World Health Organization (WHO), nearly 80% of the population of developing countries relies on traditional medicine

Indias Total Export Ayurvedic products (Rs. in crore)

Year

Value of exports of Herbal Ayurevedic Products 12,826 15,213 17,228 21,230

Growth (%)

2002-03 2003-04 2004-05 2005-06

18.61 13.25 23.23

2006-07 2007-08
2008-092009-10 2010-11

25,666 29,354
39,821 42,456 47,551

20.89 14.37
35.66 6.62 12.00

Export of Ayurvedic Products to African Countries

Traditional Medicines (TM) have been used by African Countries since ancient times Africa presents 6% of ASU&H exports Major importing countries are Kenya and Nigeria Demand for medicinal plants is increasing in Africa as the population grows

Export of Ayurvedic Products

Values in Rs. Lacs.
Countries 2003-04 2004-05 2005-06 2006-07 2007-08

KENYA

186.50

245.76

404.28

853.26

555.75

SOUTH AFRICA NIGERIA

390.68

404.89

324.33

319.32

116.90

709.35 GHANA 208.22

622.68

435.08

208.59

244.83

174.44

253.34

184.19

62.75

Challenges
Legislation in African Countries
South Africa Nigeria Kenya Ghana

Technical Barriers

Opportunities
Prevalence of Traditional Medicines Growing Market Government Initiatives in Export Proper Regulation of Ayurvedic Drug Industry Popularize Indian Medicines System

The key suppliers in Ayurveda

Dabur India Ltd. Sri Baidyanath Ayurvedic Bhawan Ltd. Zandu Pharmaceutical Works The Himalaya Drug Company Charak Pharmaceuticals Vicco Laboratories The Emami Group

THE JAPANESE MARKET

largest importer of medicinal plants. Imported to the tune of 79 million $ worth of MAPs. In recent year, however the market for natural medicines has been shrinking due to three reasons.
a. Prescription for Chinese Natural Medicines are difficult to obtain. b. People are now aware that Chinese medicines can also have side effects. c. Government cuts on medical expenditures has shifted hospital demand to synthetic medicines that provide quick results leading to decline in natural medicines that require continuous use.

Laws pertaining to food safety and standards The Food Safety Law sets the principles for developing a Food Safety regime and the role of food safety commission, a food related risk assessment body. The Food Sanitation law ensures the safety and sanitation of foods by the Ministry of Health, Labor and Welfare (MHLW), a food risk Management agency. The law prohibits the sale of food containing Poisonous or harmful substances. It also prescribes the standards for foods, additives, food apparatus, container, packages and certain toys.

Import Procedure
Almost none of the natural medicines (including some species, extract, smoking agents, dye ingredients, gums and resins) can be produced domestically in their entirety. There are many items for which Japan relies completely on china. After sharp growth for many years, the market for Chinese natural medicines has begun to shrink, bringing down with it imports of natural medicines. The main partners of Japan for imports are china, USA and Germany.

Japans WTO commitments

The average applied MFN (Most Favored Nation) tariff (MFN is the tariff level that a member of the GATT/WTO charges on a good to other members) for agriculture is 17.7%, compared with an overall average of 6.3%. 15.3% of duties applied to agricultural goods are non ad valorem. Some of the average tariffs for the subsectors may be underestimated, owning to the lack of estimates. Tariff quotas apply mainly to agricultural products; they cover some 1.6% of all tariff lines. The extent to which tariff quotas are filled varies by product for quota allocations sometimes require prior approval by the MAFF.

Labeling requirements
The label should include the following information Name of the product. Country of origin. Report on Export Potential of Medicinal Plants of Mahakaushal Region 24 Name of the importer. Ingredients, other than additives, in descending order of weight percentage . Food additives in descending order of weight on a separate line from other ingredients. The net weight in metric units only. A system of average net weight tolerances of packages or certain commodities are set by the MHLW. Best before date or expiry of consumption on products whose quality changes rapidly. Method of use, storage instructions, or preparation, when established by the MHLW for the product or when its absence could cause confusion. Labeling of biotechnology ingredients . Labeling Required by Ministry of Agriculture, Forestry and Fisheries (MAFF)

Packaging and container regulations

In accordance with the MHLW food sanitation law,
No person shall sell, manufacture or import with the intent to sell or use in business, any apparatus or container package which contains or bears toxic or injurious substances and may injure human health by having harmful influence on food and additives through contact. MHLW has established specifications for synthetic resins, metal cans, and containers/ packages made of glass, ceramic, enamel or rubber. A new package recycling law that requires paper and plastic packaging to be appropriately labeled and recycled.

Quality
Name Name of ingredients Net contents Best before date ( Date of minimum durability) Instructions for storage Name or trade name and address of manufacturer etc.

Japan has been importing Neem Oil & cake , Senna Leaves & Miscellaneous Herbal drugs from India.

Conclusion