Herb Industries brings novel impact to human health care solutions
The global herbal medicine market size was worth approximately US$ 83 billion back in 2019, and its continuous escalation leads to an expectancy of US$ 550 billion by 2030, at a CAGR of 18.9%.
Retracing our steps back to the natural essence, herbal medicine, or herbalism, is the practice of using plants (or herbal preparations) to nurture health and prevent or cure diseases. Similarly to chemically synthesized drugs, plants possess powerful interactive compounds, affecting our nervous system in desirably medicinal ways.
Depending on personally varying ideologies, herbalism is even viewed as a more adequate form of health care than conventional medicine, thanks to its natural coherence with our biological existence.
Available via multi-sensory therapeutic methods, the use of plants in herbal treatment can be focused on scent, flavor, or internally consumed medicine. Methods of administration are commonly extracts, tablets, capsules, powders, teas, or fresh and dried plants. Popular medicinal herbs include echinacea, ginseng, ginkgo biloba, elderberry, St John’s wort, turmeric, ginger, valerian, chamomile, ashwagandha, and of course, cannabis, while typically making use of roots, flowers and the leaves of each species.
Complementing the holistic approach, Eastern cultures have historically shown a particular speciality within herbal medicine, developing full medicinal systems focused on the preservation of health and wellness. The Ayurvedic system has been practiced in India for over 5,000 years, and Traditional Chinese Medicine is yet another anciently dated and modernly applied form of science.
In fact, ancient herbal traditions paved the way for modern western medicine, and while many previous methods have been replaced by new synthetizations, traditional application is still widely prefered by a great selection of practitioners.
Though living in an era of strong medical and technological advancement, the global demand for herbal medicine is consistently uprising. At an estimated value, the market grosses about $60 billion annually, and its solutions are particularly attractive due to price affordability and easier accessibility.
While cannabis currently carries the spotlight in our process, a potential involvement with other botanicals remains a vivid consideration. Herb Industries’ Research & Development department is vigorously dedicated to finding new molecules and mastering their medicinal potencies, boundlessly studying plant species and all forms of interactive brain processes.
The field of herbal medicine holds enormous discovery potential and medicinal blossoming. With the presence of a highly qualified scientific team, we continue to push boundaries and present the world with life-changing medical innovation.