Natural Medicine Market Analysis and Reports | Japan Conference Series

Market Analysis - Natural Medicine 2019

   6th World Congress on Natural Products, Medicinal Plants and Traditional Medicines

                                            September 18-19, 2019 Tokyo, Japan

Summary of Natural Medicine 2019:

Natural herbs have been the source of medicinal cures long before recorded history. Over time, people have narrowed down the plants with the desired medicinal properties. Scientists have found that over the same region and even all over the whole world people use similar species of plants for similar medicinal purposes.

The use of medicinal herbs for maintaining health also extends to other areas. Many human cultures across the world have also been utilizing natural ingredients for cosmetic and physical fitness maintenance regimens. The use of herbs for cosmetic certainly predates the use of chemicals. Many cultures around the world adopt their knowledge of medicinal herbs, combined with a mix of cultural beliefs and symbolism, into some of the earliest forms of beauty care.

Herbal medicine works mainly because they contain some chemical ingredients that interact favorably with the human body or immune systems to combat disease. It was only through the advancements of modern scientific method and the disciplines of chemistry and biology did people began to understand what make herbal remedies work. As modern sciences developed, scientists began to study the chemical compositions of traditional herbal medicines. This study, together with modern knowledge of human biology, led to the development of modern pharmaceuticals.

In today’s world of high tech Western medicine, natural medicines have begun a comeback in recent years. In beauty care, the use of herbs and natural, organic substances are also making a huge comeback.

Scope and Importance:

Traditional medicines have been widely recognized in low to medium income countries. In some developing countries, traditional medicines have been widely used for health services particularly at primary health care. On the other side, the use of traditional medicines in many developed countries has been popularly growing.

Natural medicine is widely understood to increase the body’s ability to ward of diseases. Increased immunity and an overall healthier state of being can easily be achieved with continued treatment.

Why Japan

Restorative plants used to create eastern-style home grown (Kampo) solution are characterized by the Japanese pharmacopeia in japan as unrefined medication materials. As of now, 248 things are recorded.

Kampo medications are produced using more than two sorts of rough medication materials, and endorsed by eastern-style restorative specialists. Kampo pharmaceuticals have been generally utilized as a part of japan since antiquated circumstances. When all is said in done, therapeutic impact of Kampo is mellow, wide and with less symptoms when contrasted with advanced engineered meds. In any case, it is trusted that long haul treatment by Kampo can change body constitution. They are still famous among Japanese society as option and corresponding solutions. Yearly generation of Kampo medication in 2007 was worth us$1,000 million (Japanese Kampo medicine manufacturers association), and it is anticipated that would threefold by 2019.

Global demand for herbal products, which amounted to RM672 billion in 2006, is projected to triple by 2020

Conference Highlights:

  • Natural Medicines
  • Natural Products
  • Medicinal Plants
  • Natural Products as Medicines
  • Herbal Drugs and Formulations
  • Traditional and Alternative Medicines
  • Ayurvedic Medicines
  • Homeopathic Medicines
  • Siddha and Unani Medicine
  • Drugs from Natural Sources
  • Toxicological Studies of Plant Products
  • Ethnopharmacology
  • Herbal Cosmetics and Nutraceuticals
  • Crude Drugs and Plant Products
  • Pharmacognosy and Phytochemistry
  • Marine Natural Products

Societies Associated with Natural Medicine:

Major Associations around Asia Pacific

  • Indian Board of Alternative Medicine
  • China Academy of Chinese Medical Sciences
  • Australian Acupuncture and Chinese Medicine Association
  • Australian Traditional Medicine Society
  • Association of Natural Medicines
  • Chinese Society of Plant Biology (CSPB)
  • Crop Science Society of China (CSSC)
  • Genetics Society of China (GSC)
  • Indian Society of Plant Physiology (ISPP)
  • Japanese Society for Plant Cell and Molecular Biology (JSPCMB)
  • Japanese Society of Plant Physiologists (JSPP)

Major Associations around the Globe

  • National Associations for Naturopathic Doctors
  • Australian Acupuncture and Chinese Medicine Association
  • Australian Natural Therapists Association Ltd
  • The Australian Traditional Medicine Society
  • Canadian federation of Aroma therapists
  • Natural Health Practitioners of Canada Association
  • Society of Natural Therapists & Researchers Inc
  • The Ontario Herbalist Association
  • British Herbal Medicine Association
  • American Holistic Medical Association
  • Association of Natural Medicines
  • National Center for Complementary and Alternative Medicine
  • National Ayurvedic Medical Association
  • National Center for Homeopathy
  • China Academy of Chinese Medical Sciences
  • International Association of Classical Homeopathy
  • International Society for Complementary Medicine Research
  • European Herbal and Traditional Medicine Practitioner’s Association
  • European Scientific Cooperative on Phytotherapy

Market Analysis of Natural/Herbal Medicine in Japan

Herbal/traditional products is projected to record a value CAGR of 1% at constant 2016 prices over the forecast period, with sales set to reach JPY392 billion in 2021. Herbal/traditional dietary supplements will remain the most important herbal/traditional products as a result of the growing elderly population and rising awareness of disease prevention.

Market Analysis of Plant Derived Drugs

The global market for botanical and plant-derived drugs was valued at $25.6 billion in 2015 and $26.3 billion in 2016. This total market is expected to reach $30.4 billion in 2019 and nearly $35.4 billion in 2020, with a compound annual growth rate (CAGR) of 6.6% from 2015 to 2020.      

Global Market Analysis of Traditional Chinese Medicine (TMC)

Traditional Chinese Medicine Hospital industry in China has accelerated its development. From 2012 to 2022, value-added for this industry is expected to increase at annualized rate of 12.8%, higher than China's GDP growth during the same period of about 6.5%.

Global Markets Analysis for Nutraceuticals

The global nutraceuticals market should reach $285.0 billion by 2021 from $198.7 billion in 2016 at a compound annual growth rate (CAGR) of 7.5%, from 2016 to 2021.

Global Market Analysis of Natural Skin and Hair care Products:

Organic skincare products dominated the global demand, and the segment generated revenue exceeding USD 3 billion in 2015. Organic hair care products are anticipated to grow at a CAGR of over 9% from 2016 to 2025. The increasing importance of natural ingredients for providing dandruff protection, hair fall control, and shining effect is expected to have a favorable impact on the industry.

Asia-Pacific is expected to witness significant gain over the forecast period. Increasing consumption of cosmetic products in emerging economies such as China and India in light of new product launches along with rising concerns towards aging, UV effects and hair fall will fuel organic personal care industry growth.

Global Markets for Marine-Derived Pharmaceuticals

The global market for marine-derived drugs by type was around $4.8 billion in 2011, which is expected to be around $5.3 billion in 2012. This global market is forecasted to reach $10.2 billion by 2019 at a compound annual growth rate (CAGR) of 12.5% for the five year period of 2011 to 2016.

Global Markets and Technologies for Biofuel Enzymes

The global revenue for biofuel enzymes totaled $623.0 million in 2014, and should total $652.1 million in 2015 and $1.0 billion by 2020, registering a compound annual growth rate (CAGR) of 10.4%.

Target Audience:

The target audience will be various experts from the associations and societies in natural products chemistry, microbiology, food science, botany, pharmacognosy, phytochemistry, natural products, homeopathy, Ayurveda, traditional medicine practitioners, analytical chemistry, Plant Biochemistry, Herbal Drugs, Plant Physiology, Industrial Pharmacognosy, Horticulture, Ayurvedic, plant toxicology etc.

Funds allotted to Natural Medicine Research:-

Funding’s for Natural Medicine

The National Center for Complementary and Integrative Health (NCCIH) at the National Institutes of Health (NIH) funds and conducts research to help answer important scientific and public health questions about complementary health approaches. NCCIH works to determine what is promising, what helps and why, what doesn’t work, and what is safe.

Funding for Research on Complementary and Alternative Medical Approaches (NIH)

Visualizing your tumor as an enemy base being fired upon by your body's fleet of jet fighters or having tiny needles inserted all over your body may sound like strange ways to treat disease, but more and more often, patients are turning to unconventional treatments for a variety of ailments either instead of, or in addition to, mainstream medical practices.

But what do we really know about the efficacy of such interventions?

Anecdotal evidence suggests that some complementary and alternative practices work, but very few of these treatments have been studied systematically. This is precisely why two different entities, the Office of Cancer Complementary and Alternative Medicine (OCCAM) and the National Center for Complementary and Alternative Medicine (NCCAM), have been created within the National Institutes of Health (NIH).