We are aware of the emerging market of organic and herbal products in Asia-Pacific countries. In 2016 it was estimated that Asia-Pacific countries were leading in terms of demands for these products. Natural supplements are the new trend in the market and a cut-throat competition is going on in the market in the respective forte.
Consumers are moving towards the products which they can use for long-term with minor side effects. People ageing between 40 to 80 is more enthusiastic about these products.
The demand for natural products is proffering a new horizon for the manufacturers and Thailand is a prime market for such products. When it comes to therapies and other natural remedies, Thailand could not be excluded from the list.
Ayurveda is emerging at a rapid pace across the whole world and people are recognizing the significance of it. As per the information, people in Bangkok are not well-aware of the methods of the Ayurveda. Through Indian Herbal Expo, the manufacturer of Ayurvedic products in India will get a massive chance to expand their market. Furthermore, it will enable them to connect with fellow industry leaders as well as their prospective customers.
The expo is one of its kind, happening for the first time on such a global platform which is designed to create an impact and secure the customers there. The expo is also promoting the idea of, “Make In India” launched by the government of India.
Indian Herbal Expo 2019 is all set to roll out the opportunity of immense growth and development. The Expo is one of its kind and strives to embark the Thai market with Indian natural, herbal and ayurvedic products. The Expo is covering a wider segment of the product to promote Indian as well as International companies in Thailand.
The preparation of Indian Herbal Expo 2019 is on the peak. A cocktail party is going to happen on 30th November evening at Lord of the Drinks Meadows, Hauz Khauz Village, New Delhi.
The get together will enable exhibitors and sponsors to meet and discuss the ideas and enhance their network. It will also proffer them a chance to meet top notches of the industry. An evening is designed to be the perfect blend of work and fun where people in suits will talk about possibilities and potentiality of the herbal market with a tint of fun in the air.
An evening of 30th November is going to be a B2B get-together with poise wine and dine.
We all are familiar with the fact that Thailand is quite popular for using herbal products, essential oils, natural therapies, etc. It is a paradise for people looking for some relaxation and distraction from their daily routine. We are observing a revolutionary change in the field of natural and organic products. Companies dealing in the respective field have a chance to flourish and excel in the market.
Here are some reasons why one should exhibit in the Herbal Expo 2019:
Thailand is the best place
I believe that Thailand is the best place for exploring. These products are always in the demand here and to be honest they are never going out of style. With little specification and variations, you can set a trend there. We have a jewel of Ayurveda and it’s a golden chance for us to introduce Ayurveda there.
Business Networking is very important for growth and collaboration. It allows companies to exchange their ideas and further collaborate with each other for the future business pursuits.
It will provide both B2B and B2C audiences
The Herbal Expo is beneficial in so many ways and one of the advantages is that it will provide you buyers along with business prospects. This will help you to spread a word about your company among the locals.
Business is all about risk and profit mostly and staying within a border is never a dream of a true businessman. Herbal Expo will let you represent your products and services on a global level with other companies around the world. This would be a great exposure for your company.
We are observing a new global trend of shifting from synthetic to natural products. Medicinal plants have been known for millennia and are highly esteemed all over the world as a rich source of therapeutic agents for the prevention of diseases and ailments. Nature has bestowed our country with an enormous wealth of medicinal plants, therefore, India has often been referred to as the Medicinal Garden of the world. Countries with ancient civilizations such as China, India, South America, Egypt, etc. are still using several plant remedies for various conditions. In this regard, India has a unique position in the world, where a number of recognized indigenous system of medicine viz., Ayurveda, Siddha, Unani, Homeopathy, Yoga and Naturopathy are being utilized for the health care of people. No doubts that the herbal drugs are popular among the rural and urban community of India.
The demand for plant-based medicines, health products, pharmaceuticals, food supplement, cosmetics etc are increasing in both developing and developed countries, due to the growing recognition that the natural products are non-toxic, have fewer side effects and easily available at affordable prices.
Nowadays, there is a revival of interest with herbal-based medicine due to the increasing realization of the health hazards associated with the indiscriminate use of modern medicine and the herbal drug industries are now very fast growing sector in the international market. But unfortunately, India has not done well in this international trade of herbal industry due to the lack of scientific input in herbal drugs. So, it would be appropriate to highlight the market potential of herbal products and that would open a floodgate for development of market potential in India. With these objects, we reviewed here the market potential of herbal medicine in India.
From the past few years, we are observing that more and more people are relying on Herbal, Ayurvedic and Natural products. People are more aware and concern about their health and hence willing to pay little extra to keep it happy and safe. If you prefer those organic products over the toxic one then here is the three legit reason why to do so.
They are nature-friendly
These products are made of natural products which are free from toxic chemicals and contamination. Buying such products does not hurt the environment or nature in any way. Besides it also contribute to the manufacturers who produce such products. It also gives a sense of satisfaction and security to one’s mind.
They are free from chemical
We cannot deny the fact that chemical has become an essential part of our life. Everything we use contains some amount of chemical either its medicines, food items, detergents, textiles etc. In the world where everything is contaminated, using something natural not only secure our life but also limit our exposure to the harmful elements.
They are manually made
Most of the organic and natural products available in the market are handmade. Most of the manufacturing is done by the locals and proper attention to the cleanliness and hygiene is proffered. Purchasing such products also contributes to the country’s economy, further developing the masses involved in the business.
We believe that such industries should be encouraged so that more and more people could use natural products to ensure the health of the world. To spread the idea we are organizing a Herbal Expo in Bangkok, Thailand between 1st February to 3rd February 2019 in order to promote the companies dealing in these sectors.
The emerging demand for Herbal, Organic, Ayurveda and Natural products led to the expansion of the industry at a global level. According to the source, the market for such products has increased from INR ~ billion in FY’2011 to INR ~ billion in FY’2016 growing at a CAGR of ~% during FY’2011-FY’2016. Due to the rising popularity of lifestyle disease across the world, the market of these products is booming. Apart from a market perspective, these products have no side effects and could be beneficial to prevent diseases.
The massive marketing and promotional activities by the herbal companies and escalating awareness about benefits of using herbal products have accelerated the vastness of the industry. With proper government support and numbers of companies entering the segment has contributed to the sector. Some of the major players in the market are Dabur, Patanjali, Himalaya etc.
The Minister of Commerce and Industry Suresh Prabhu quoted at the event on Herbal Products that:
“We now have an opportunity to bring the Indian system of medicine in the mainstream, and integrate the AYUSH infrastructure into the Indian healthcare system” .
The Herbal market has appropriate potential to grow and to bestow this growth an international Herbal Expo is happening in Bangkok, Thailand between 1st to 3rd Feb 2019. The idea behind the expo is to assist Indian as well as international companies to form a connection and represent and expand their business on a much wider level.
Ayurveda is more than 5000 years old medicine and health system originated from the Vedic period. Ayurvedic healing is a very essential fragment of Indian culture and it’s our precious gift to the world and with the course of time, the world has realized the importance of Ayurveda.
Ayurveda understands our body and spirit in the most amazing way. It believes that everything is constituent of five elements which could be affected by external factors such as pollution, unhealthy lifestyle, stress etc. The central focus of Ayurveda is to keep mind, body and soul in a balance. We are the part of nature and Ayurveda involves natural things for healing which cause-centric, unlike conventional treatments which are a symptom-based.
We are observing that a lot of countries are adopting Ayurveda with open arms and established it as a business. According to WHO, half the world’s population lacks access to vital health services. Around 800 million people have to spend 10 per cent of their income on their health care and more than 100 million people become severely poor due to the incurred medical expenses. With the advancement in technology and frantic lifestyle, we all are living health is often ignored.
It’s high time that we profuse the world with the miracles of Ayurveda and to make that happen we should expand our rich tradition across the globe. To add a small step in this massive purpose, we the IndianHerbalExpo is organizing a Herbal, Ayurveda, Organic etc. Expo in Bangkok, Thailand between 1st to 3rd Feb 2019. Join us for the Expo by participating and promoting our opulent tradition.