Global Demands and Trends on Herbal Products

Author

Matthias M. Biotropics Malaysia Berhad, Level 52, North Wing, Menara TM, Jalan Pantai Baharu, 50672, Kuala Lumpur. Tel: 03-2245 8000 Fax: 03-22450 8008 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Language

English

Title

Global Demands and Trends on Herbal Products

Proceeding

Medicinal and Aromatic Plants Seminar (MAPS 2008)

Date

21st October - 22nd October 2008

Place Held

The Legend Hotel, Kuala Lumpur

Abstract

Herbal based products are gaining in popularity globally. The global market value for herbal based products was estimated at USD 83 billion. The herbal industry has multiple sub-sectors that include herbal remedies, nutraceuticals, functional foods, cosmetics & cosmeceuticals, herbal extracts and botanical ingredients. The trend towards natural ingredients is driving the herbal products market. In-depth research with scientifically proven based is becoming important to ensure the quality, safety and effectiveness of these herbal products for international markets.

Keywords

Herbal products market; herbal industry; global demands, trends; international market

Session

Plenary: Session 2

Topic

Think Global, Act Local: A New Paradigm In Malaysian Herbal Industry (Prof. Emeritus Dr. Abdul Latif Ibrahim-UNISEL)