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The Indian Medicinal Plant Extract Market is witnessing an astonishing growth, as there has been a shift in universal trend from synthetic to herbal products. The demand for herbal and natural products is gaining popularity both in developing and developed countries owing to its natural origin and lesser side effects.
 
The report “Indian Medicinal Plant Extract Market Outlook 2022” highlights the shift in trend of chemical to herbal products. Also, realization of the side effects of allopathic medicines, coupled with the growing awareness about the medicinal benefits as well as therapeutic effect of herbal products is pushing up the demand for herbal extracts, dietary supplements and herbal-based beauty aids worldwide. To cater this demand significant investment and expansions are being made by companies which is accelerating the Indian medicinal plant extract industry.
 
Government initiatives are further thriving the industry as government is making concerted efforts to monitor quality and increase cultivation of high value medicinal plants as well as conservation and protection of forest which yield medicinal plants.
 
Due to rekindling in the demand for herbal products, there seem to be huge potential for companies in the sector and medicinal plant extract industry growth prospects seems to be on an upward trend on account of the popularity of medicinal plants among consumers.
 
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