12-Nov-2024
Key Highlights
The list of herbal products exported from India includes Ashwagandha, Turmeric, Ginger, Neem, and Triphala.
The top herbal products exporters in India are Pisum Foods, Wilsun Drugs, Ayush Export Promotion Council, Spice Nest and Unit?d Laboratori?s.
As per herbal products exporters data, the biggest exporter of ayurvedic products is Ashwagandha.
As we know, herbal products have been an important part of India’s traditional medicine system, and more than 70% of the rural population of the nation relies on herbal medical practices. However, herbal medicine is becoming more and more well-liked in wealthy countries where people are searching for safer and more natural remedies.
In terms of trade, herbal products exported from India have reported a growth of 3.6 per cent during the fiscal year 2023-24. In this blog, we will explore the key trends, opportunities and insights on herbal products export from India. Along with this, you can explore the list of herbal products exported from India and insights into ayurvedic products export from India.
The World Health Organization (WHO) estimates that 80% of the world's population uses herbal medicine for some aspect of primary healthcare. Herbal medicine is a key component of traditional medicine for indigenous peoples and is also used in Ayurvedic, homoeopathic, and naturopathic medicine.
Herbal medicines are sometimes considered to offer better immunity than synthetic drugs.
In developing countries, herbal medicines are sometimes the only affordable and available treatment option.
The demand for natural beauty products and personal care is increasing, and consumers are preferring herbal beauty products over synthetic products.
People are becoming more aware of alternative medicine and health awareness.
The global herbal medicine market size was USD 201.80 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.9%.
Many reasons have contributed to India's rise as a top herbal product exporter, including:
India is one of the 12 super-biodiverse nations in the world, home to 15,000 medicinal plants and 45,000 plant species.
Growing interest in natural wellness and preventive healthcare is driving up demand for herbal products worldwide.
Herbal medicine, comprising Ayurveda, Unani, Siddha, and homoeopathy, has a long history in India.
The establishment of Export Promotion Councils and financial support for trade shows and other events are two actions the Indian government has taken to encourage exports.
Now, explore the list of ayurvedic products export from India.
Ashwagandha
Turmeric
Ginger
Neem.
Triphala.
Tulsi (Holy Basil)
Brahmi.
Shatavari
Also Read: Fruit Import Export Business From India: A Successful Venture
Indian Banana Powder Exports on the Rise - Tap into this Profitable Trend!
3004901: Ayurvedic unani homoeopathic siddha or biochemical systems medicaments
30049011: Of an Ayurvedic System
1404: Vegetable products not elsewhere specified or included
140490: Other
Herbal products export from India has reported a growth of 3.6 per cent during the fiscal year 2023-24, at $651.17 million as compared to the same period of the previous year, registering a below-five per cent growth for the second consecutive year.
The country reported exports of 10.63 crore kilograms of Ayush and herbal products during 2023-24, as compared to 12.25 crore kilograms of exports during the previous year. In terms of value, it has gone up from $628.54 million in 2022–23, according to herbal products export data.
The year 2022-23 registered a growth of 2.68 per cent in exports, from $612.12 million in the previous year.
|
Ayurvedic Products Export from India |
2020-21 | 2021-22 | 2022-23 | 2023-24 |
| Herbal Product Export Data | $539.88 million | $612.12 million | $628.54 million | $651.17 million |
| Growth % | 26.12% | 13.38% | 2.68% | 3.6% |
Here are the key markets for herbal products export from India:
| Top Importers of Indian Herbal Products | Import Value |
| United States | US$ 183.31 million |
| Germany | US$ 62.64 million |
| Italy | US$ 36.2 million |
| China | US$ 27.94 million |
| UAE | US$ 25.11 million |
| France | US$ 16.22 million |
| UK | US$ 16.18 million |
| Nepal | US$ 15.68 million |
| Australia | US$ 14.97 million |
| Russia | US$ 13.77 million |
India is one of the major exporters of herbal products to the United States and many European countries. Often, eco-friendly and biodegradable ingredients are used to make herbal products, which are widely available in India. Its high demand abroad is due in part to the production process, which uses less energy and produces less waste than factory-produced makeup and medicines.
Alternatively, for additional information about the global herbal products export industry, go to Exportimportdata.in Even our platform will provide you accurate and up-to-date information on herbal products export from India, herbal products export data from India, or herbal products importer country data.
Here are the major exporters of herbal products in India:
Pisum foods
Wilsun drugs
Ayush export promotion council
Spice nest
Unit?d Laboratori?s
Alg?n H?althcar?
Vedagreen herbals
Yuvaraju Agro Impex
Vacco exports
Zoic Pharmac?uticals
So, all these top herbal products exporters in India help to tackle the Indian herbal products emerging demand globally. Apart from these, there are many more exporting companies in India that do herbal products export from India To get the full list of Indian herbal products exporters with their shipment value, connect with us on Exportimportdata.in
The final words!
So the increasing demand for herbal products across the globe makes it a profitable business to export them from India. Indian exporters can successfully identify and target countries that import herbal products in large quantities by using export-import data and emerging market trends, which will guarantee the success of their herbal export from India.
Whether you are looking for the most up-to-date details on herbal products export from India, herbal products exporters in India, herbal products export statistics, or the herbal products HS Codes, Exportimportdata.in can assist in creating an export business plan for different kinds of herbal products so that your company can engage in global trade and understand the market. For more information, set up a free demo with our team of professionals!
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Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
Demand for herbs and spices is growing worldwide, with a projected annual growth of 6.44% from 2023–2028. The herbal products business would be a great venture if done effectively and with proper planning. But profitability depends on many factors, including pricing, competition, and product mix.
The top herbal products exported from India include Ashwagandha, Turmeric, Ginger, Neem, Triphala, Tulsi (Holy Basil), Brahmi, and Shatavari.
With 17% of the global market, China is the biggest exporter of herbal plants. A total of 130,514 tonnes of herbs valued at $949.9 million were exported by China in 2022.
India, the birthplace of Ayurveda, is renowned worldwide for its Ayurvedic medicines and other products. China, Japan, Germany, and Thailand are additional nations that are well-known for their herbal products.
The herbal products that are in high demand worldwide are Calendula, Ashwagandha, Turmeric, Ginger, Aloe vera, and Hawthorn.
Ashwagandha is the most exported Ayurvedic product from India. Other top Ayurvedic products export from India includes Turmeric, Ginger, Neem, Triphala, Tulsi (Holy Basil), Brahmi, and Shatavari.
To export of ayurvedic products from India, the major steps are as follows Register your business with APEDA. You can do this online on Seller Central with your KYC documents and PAN. Identify your target market and potential buyers. You can use our online portal to connect with buyers and sellers. Then, You'll need to get the following documents and licenses: Import Export Code (IEC) Product Approval from AYUSH Free Sale Certificate for Ayurvedic supplements and medicines FSSAI License for consumables FDA Registration and Labeling NPOP Certification for organic products
