Pakistan offers a unique situation where allopathic, hikmat and homeopathic are practiced. There is such a big gap in help provision that it can use basic research in herbal medicine to create the foundational research and then use that for herbal supplements and their export. .
Another opportunity is to identify herbs that either grow locally in Pakistan or that grow in other countries but they can be easily grown in Pakistan. It is also important to create a database of herbs that can create farming opportunities in Pakistan. This can create a large number of jobs and revenue opportunities. The idea is to encourage people to develop formulations and then use a standard research study template to test the validity of the effectiveness of the supplement. With proper backup data and solid evidence, the herbal supplement can create a big market..
This is a huge global market and it offers substantial incentives to capture and create jobs in the area..
Herbal is a huge global market that is $ 8 B in size. If we can capture just part of the market it would be a big opportunity to create jobs..
Domestic Market in Rs:
Export Market in Rs:
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