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Herbal Packaging & Labeling Standards


Problem Statement:

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. .


Type:

Idea.


Description:

The idea is to identify and introduce chemical and other means of concentrating the beneficial components of herbs in order to create a potent herbal supplement. It should come up with the technology and tools and promote it to create high concentrations of herbal supplements according to international standards. Creating framework for world class herbal pharmacy is important to create a viable industry in Pakistan. 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..


People Impact:

This is a huge global market and it offers substantial incentives to capture and create jobs in the area..


Financial Impact:

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 Jobs:

30000.


Foreign Jobs:

30000.


Domestic Market in Rs:

3000000000.


Export Market in Rs:

3000000000.



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