Herbal Medicines reached 85 billion US Dollar worldwide 2007. China increased
marketshare to 24 %

Growth rate over 10 % for Herbal Medicine and 15 percent for Traditional Chinese
Medicine worldwide. Over 60 percent of the markets are only 150 different herbs.
World Market Conference for TCM in March 2008 in Beijing lead by hkc22.com new
Study
The market for Herbal Medicine will grow with 8 to 12 percent up to 2015 and for
Traditional Chinese Medicine with mor then 15 percent per year up to 2015.
http://www.hkc22.com/chinesemedicine.html

In recent years the Chinese traditional medicines are becoming more and more
popular in foreign countries. The market of traditional drugs and nutritional
food are booming in USA, Europe, especially in Germany. It provides good
oppurtunities for the herbal pharmaceutical companies to expand their markets
worldwide. Meanwhile the advanced biotechnologies are applied to improve the
traditional ingredients. New strategies, new marketing and new technologies are
the keys to success for herbal companies worldwide. There are chances and risks.
Increasing health costs worldwide
lead to higher acceptance and use of herbal medicine with the traditional
chinese medicine as a brand counting for 24 percent market share worldwide in
2007.

The main risks are in Scientific evidence for some herbal medicines and for some
of the therapies. Unregulated or inappropriate use of traditional medicines and
practices can have negative or dangerous effects. Further research is needed to
ascertain the efficacy and safety of several other practices and medicinal
plants.
Another related issue is that at present, the requirements for protection
provided under international standards for patent law and by most national
conventional patent laws are inadequate to protect traditional knowledge and
biodiversity.
For more Information please see http://www.hkc22.com/chinesemedicine.html
Responsible: Helmut Kaiser Consultancy
email: hkc22@...



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