Ummer Roject Resentation ON Herbal Healthcare Industry in India
Ummer Roject Resentation ON Herbal Healthcare Industry in India
Ummer Roject Resentation ON Herbal Healthcare Industry in India
PRESENTATION
ON
HERBAL HEALTHCARE
INDUSTRY IN INDIA
(with refference to Himalaya Drug Company)
Faculty Guide : Presented By :
MS. Ranjana Sharma Saurabh rustagi
BBA – General
A3906409059
OBJECTIVES
To study the growing healthcare industry in india, ayurveda
and its use
Herb is a plant with a non woody stem which withers and dries down after
flowering. The term applies to all plants whose leaves, stems, roots, flowers,
fruits and seeds have medicinal uses.
Out of more than 25000 plants, only 10 % are used for their medicinal value.
Around 1800 species of medicinal herbs are systematically documented in the
codified Indian systems of medicine. These herbal products are preventive,
protective, nutritive and curative.
Growth In Healthcare Sector
Healthcare is one of India’s largest sectors, in terms of revenue and
Employment, and the sector is expanding rapidly.
India has 15 Agroclimatic zones, 4700 different plant species and 15000
medicinal plants.
The private sector accounts for more than 80% of total healthcare spending in
India.
Indian herbal market is likely to reach Rs.14,500 crore (Rs 145,000 million) by
2012 and exports to Rs.9,000 crore (Rs 90,000 million) with a Compound
Annual Growth Rate of 20% and 25% respectively
THE AYURVEDIC MEDICINE
INDUSTRY IN INDIA
Respect, collaborate with and utilize the talents of each member of the
Himalaya family and the local communities where Himalaya products are
developed and/or consumed, to drive our seed-to-shelf policy and to
rigorously adopt eco-friendly practices to support the environment we
inhabit.
Ensure that each Himalaya employee strongly backs the Himalaya promise to
exceed the expectations of the consumer, each time and every time. Nothing
less is acceptable
Research & Development
Each Himalaya product undergoes years of primary research and clinical trials
before it reaches the market.
Weakness
• Basic Image of HIMALAYA as an herbal health care company.
• Limited no. of botanical supplier and traders.
• inappropriate methods of collection and storage leading to sub optimal
levels of active constituents .
• Quality constraint
Opportunities
• Huge demand of Herbal and Ayurveda based products in International
market
• Untapped rural market.
• Next to IT & Biotechnology research in medicinal plants should
emerges as the most sustainable growth sector in the years to come.
• Targeting diabetic patient
Threats
• Major competitors- Dabur, CavinKare, Jyothy laboratories, Paras
pharmaceuticals, Zandu.
• Manufacturing costs & processing costs are high.
• Competition from synthetic brands
Future Prospects
Himalaya is still an urban-centric brand and more popular in
metros and mini-metros where modern formats are
established. In order to increase the reach and penetration,
they need to grow their presence in general trade outlets.
Research Methodology
METHODOLOGY IS DIVIDED IN TWO PARTS
RESEARCH TYPE
Descriptive type
DATA COLLECTION
Data is all secondary data and is collected from the internet.
Conclusion
The transformation in the practice of traditional medical systems has
resulted in a vibrant trade in medicinal plants. Rapid growth of India’s
herbal industry, especially in the recent past, has caused the emergence of
the large number of industrial units engaged in manufacture of herbal
formulations under various streams of Indian Medical Systems as the
largest consumers of herbal raw drugs in the country