Economic value of medicinal plants pdf

Capitalizing on the bioeconomic value of multipurpose. Catharanthus roseus vinca also known as the madagascar periwinkle or rosy periwinkle or sadabahar is grown as an ornamental plant in the garden. Economic importance of plants plants are extremely important in the lives of people throughout the world. Value chains of medicinal plants evidence so far while general reference to the topic of value chains is made in some articles e. These countries provide two third of the plants used in modern system of medicine and the health care system of rural population depend on indigenous systems of medicine. Pdf sustainability of the medicinal and aromatic plants. People depend upon plants to satisfy such basic human needs as food, clothing, shelter, and health care. The use of indigenous plants based on traditional knowledge is widely known among the bidayuh community in sarawak. African online scientific information systems pty ltd ta aosis reg no. Herbs such as black pepper, cinnamon, myrrh, aloe, sandalwood, ginseng, red clover, burdock. Economic benefits of high value medicinal plants to.

Medicinal plants cultivation and management therefore, can become. Oct 15, 2019 these medicinal plants can be popularized and used to improve the economy of lowincome countries of asia and create livelihoods for its people. Among 2,50,000 species of plants occurring in the world, approximately 35,000 70,000 14 % 28 % species were used at one time or the other in the long human history for medicinal purpose. The ancient science of ayurveda and yoga relies heavily on these plants to treat major conditions, from pain management to weight management and everything in between. The researcher selected 33 healers using purposive sampling technique to gather the relevant data. This chapter presents a glimpse of the current status of and future trends in medicinal plant. This study identified, quantified, and evaluated the economic importance of the medicinal plant trade in sierra leone so that. Ethnomedicinal evaluation of medicinal plants used against. We interviewed 120 vendors in three major cities and all vendors in two towns near a national park. Plants have been used since ancient times to heal and cure diseases and to improve health and wellbeing. Pdf format provides information on species identity. Sustainable management of medicinal plant species is important, not only because of their value as a potential source of new drugs but also because of the reliance on medicinal plants for health care.

Economic importance of the medicinal plant trade in sierra leone. Pdf medicinal plants are an integral part of our health care system. Moreover, overexploitation of these medicinal plants should be limited, the valuable species of high marketing value should be conserved, and their cultivation should be promoted for future use. As our early ancestors learned to recognize and consume selected plants, civilization and personal and group health could advance. Conclusions appendix bibliography biographical sketch summary the grass family poaceae is the fifth largest family of flowering plants but the most important for humans. From the economic point of view, the market of medicinal plants is expanding globally with estimated annual sales of 25a30 billion usd khan and rauf 2014. Economic botany is a quarterly journal published by the new york botanical garden for the society for economic botany.

Journal of ethnopharmacology 6 2011 236245 table 1 list of the medicinal plants used by local communities around the northern part of kibale national park. List of medicinal plants in india grow in your home. Before the concept of history began, humans undoubtedly acquired life benefits by discovering medicinal and aromatic plants that were food and medicine. Wild harvesting wild harvesting is the collection of plant material from wild sources. Most dominant family used against gastrointestinal. Medicinal plants have long been utilized in traditional medicine and worldwide ethnomedicine. Asian medicinal plants production and utilization potentials. Oct 12, 2015 catharanthus roseus vinca medicinal plant benefits and images. This should not be taken to ly that traditional medicinal uses are without economic value. May 31, 2015 in studied regions 52 plants belonging to 36 families table 1 were found to be used against gastrointestinal ailments.

Other important related factors were also collected. Economic perspective and recent developments article pdf available in world applied sciences journal 3111. The growing economic importance of medicinal plants and the. Despite ancient nature of the tradition, medicinal plants still form the basis of traditional or indigenous health systems and are reported by the world health organization who to still be used by the majority of the populations in most developing countries. Login journal of medicinal plants for economic development. The main objective of this study is to evaluate the economic and medicinal value of forest products in the treatment of cancer in southwest nigeria, particularly ogun state and the specific objectives are. Stewart, 2003, winkler, 2008 and while there is a relative abundance of reports on a range of food products incl.

Traditional medicine would become part of every civilization with medicinal and aromatic plants widely used and. Overview on medicinal plants and traditional medicine. Pdf economic importance of medicinal plants and cultivation. The importance of medicinal plants to the economy of lowincome countries remains critical and strategic because medicines are key to maintaining a health population that drives and sustain the economy. Medicinal plants mps play a significant role in meeting the demands of the traditional medicine markets, which are found both domestically in producing and in overseas markets and in economic, social, cultural, and ecological aspects of local communities. Economic valuation of medicinal plants in jagoi area, bau. Despite ancient nature of the tradition, medicinal plants still form the basis of.

Introduction and importance of medicinal plants and herbs. Value chains of herbal medicinesresearch needs and key. Interdisciplinary in scope, economic botany bridges the gap between pure and applied botany by focusing on the uses of plants by people. In addition, inappropriate use wrong plant parts, dose, frequency, route of administration, preparation, etc. The importance of medicinal plants to the economy of lowincome countries remains critical and strategic because medicines are key to maintaining a health. My experience over the years, working for wwf, is that medicinal plants hold more fascination for the british public than any other facet of the botanical world. The focus of the study was on the collection pattern of medicinal plants as an economic activity within swat district and the likely destinations of these products in national or international markets. A large portion of that money is spent on research into plants and plant extracts.

The foremost publication of its kind in this field, economic botany documents the rich. Medicinal value of spondias mombin introduction in recorded history, medicinal plants have been in use for the treatment of man and animal diseases osai, 1998. Traditional plants used for medicinal purposes by local. Data on ethnomedicinal plants and ethnographic profile of respondents was documented using semistructured questionnaires. Economic botany intersects many fields including established disciplines such as agronomy, anthropology, archaeology, chemistry, economics, ethnobotany, ethnology, forestry, genetic resources, geography, geology, horticulture, medicine, microbiology, nutrition, pharmacognosy, and pharmacology. Medicinal plants in the ethno veterinary practices of bensa. Africa has a long and impressive list of medicinal plants based on local knowledge. Many research and conservation grants have been awarded on the basis of the perceived economic value of medicinal plants. The foremost publication of its kind in this field, economic botany documents the rich relationship between plants and people around the.

Considering the economic importance of medicinal plants, there. Considering the economic importance of medicinal plants, there is an urgent need to systematically cultivate them to exploit their fuli economic potential and to save them from extinction. These medicinal plants can be popularized and used to improve the economy of lowincome countries of asia and create livelihoods for its people. Industrialized countries also use medicinal plants, as many pharmaceuticals are. India exports medicinal herbs and drugs made out of them worth rs. Indeed, values may be large balick and mendelsohn, 1992. The top companies by value of sales accounted for almost half of estimated world sales for 2001. Trees and their economic importance 323 the banana tree plant has only a thick false stem pseudostem, which is not woody but made up of a central core of soft tissues concealed by the fibrous and sheathing bases of large leaves. Many herbs are used as blood purifiers to alter or change a longstanding condition by. Medicinal plants can be defined as the plants that possess therapeutic properties or exert beneficial pharmacological effect on the human or animal body. Medicinal plants research in asia continues to receive. Of these, 60 species were recorded for medicinal purposes. Capitalizing on the bioeconomic value of multipurpose medicinal plants for the rehabilitation of drylands in subsaharan africa 11 medicinal plants1 are both the oldest known source of human and livestock healthcare products and an important component of global biodiversity. In 2012, existing practices in collecting and trading high value minor crops from swat district, pakistan, were analyzed.

Economic benefits of wetlands wetlands contribute to the national and local economies by producing resources, enabling recreational activities and providing other benefits, such as pollution control and flood protection. Millions of rural households use medicinal plants in a selfhelp mode. Over one and a half million practitioners of the ism in the oral and codified streams use medicinal plants in. Oct 20, 2006 this unique overview of plants and transgenic techniques of great scientific, medicinal and economic value for both industry and academia covers the whole spectrum from cell culture techniques, via genetic engineering and secondary product metabolism right up to the use of transgenic plants for the production of bioactive compounds. Although individually small contributors to output. Plants as food encyclopedia of life support systems. Some collectors do not know all the useful plant species and the best markets for them.

Journal of medicinal plants for economic development. Economic benefits of high value medicinal plants to pakistani. Capitalizing on the bio economic value of multipurpose medicinal plants for the rehabilitation of drylands in subsaharan africa 11 medicinal plants1 are both the oldest known source of human and livestock healthcare products and an important component of global biodiversity. This unique overview of plants and transgenic techniques of great scientific, medicinal and economic value for both industry and academia covers the whole spectrum from cell culture techniques, via genetic engineering and secondary product metabolism right up to the use of transgenic plants for the production of bioactive compounds. Even though ginger grew well in spain, it was never a major export, thus diminishing its economic value. This study identified the economic importance of medicinal plants and evaluated with geographical information system. It is the use of plants for medicinal purposes, and the study of such uses. To locate, collect, and prepare plants for market is time consuming work. Economic botany is the study of the relationship between people individuals and cultures and plants. To determine the availability of medicinal plants used for the treatment of cancer in southwest nigeria. Medicinal and aromatic plants for enhancing farm income.

While it can be difficult to calculate the economic value provided by a single wetland, it is possible to evaluate the range. This is a 1m tall perennial herb with oppositely arranged leaves. Medicinal plants in the ethno veterinary practices of. These needs are growing rapidly because of a growing world population, increasing incomes, and urbanization. Glime introduction a general lack of commercial value, small size, and inconspicuous place in the ecosystem have made the bryophytes appear to be of no use to most people. Economic importance and gis mapping of medicinal plants in iran. Production according to the study carried out by kuipers for fao, there are two sources of supply of medicinal plants. Thus, the economic importance of medicinal plants is much more to countries such as india than to rest of the world. A plant becomes a medicinal plant only when its biological activity has been ethnobotanically reported or scientifically established elujoba, 1997. Introduction medicinal plants mps as a group comprises approximately 8, 000 species and account for around 50% of all the higher flowering plant species of india. Three grass species wheat, rice, and maize provide 35 of all human calories.

The growing economic importance of medicinal plants and. Aim of the present study was to document ethnomedicinal plants used against gastrointestinal complaints in five selected remote regions of pakistan and to select potential medicinal plants for further in vitro and in vivo investigation. Basil, fennel, chives, cilantro, apple mint, thyme, golden oregano, variegated lemon balm, rosemary. Pdf economic importance of the medicinal plant trade in. Different aspects are associated with the trade in medicinal and aromatic plant material, the trade structure, trade volumes and values, the herbs used and their production, the ecological and socioeconomic impacts of the trade, and the management of the botanical resources. Medicinal plants at risk center for biological diversity. Probably, the single most important role for medicinal plants in biological and. Following a study carried out among the bidayuh community of jagoi area, a total of 117 species of plants with economic and cultural significance, particularly plants with medicinal uses, were documented and collected. Sustainability of the medicinal and aromatic plants sector socio economic value and policies for albania. This study identified, quantified, and evaluated the economic importance of the medicinal plant trade in sierra leone so that recommendations for conservation could be made. Nutritional value the papaya, papaw, or pawpaw is the fruit of the plant carica papaya, the only species in the genus carica of the plant family caricaceae. Capitalizing on the bioeconomic value of multipurpose medicinal. The results of this study have provided a baseline on the economic value of the. Capitalizing on the bio economic value of multipurpose medicinal plants for the rehabilitation of drylands in subsaharan africa 5 multipurpose medicinal plants mmps remain a crucial element of human and livestock healthcare systems in many developing countries.

Undoubtedly, medicinal plants and the drugs derived from them constitute great economic and strategic value for the african continent. The journal of medicinal plants for economic development is dedicated to the dissemination of research information on the use of plants and plant products for economic and social development especially in the developing world. The growing economic importance of medicinal plants and the need for developing countries to harness 44 pharmaceutical companies headquartered in them and also through the large amount of publically funded research. Research on traditional knowledge of medicinal plants is. Economic importance of the medicinal plant trade in sierra. Data collection specimens of plants that were used by the traditional healers for treatment of livestock and humans ailments were collected. Strictly speaking, the banana plant is a giant herb. Economic valuation of medicinal plants in jagoi area, bau, malaysia. Jul 26, 2004 plants have been used since ancient times to heal and cure diseases and to improve health and wellbeing. Conservation of ecosystems such as forests is linked to their potential as sources of medicines. In 19th century the discovery of synthetic dyes has been dealt a massive blow to indian textile industry. As a fulbright professor, he worked in greece, and has also served in afghanistan, honduras, and the u. Medicinal plant and their contribution in socioeconomic conditions. Economic importance of medicinal plants in asian countries.

However, stone age people living in what is now germany once collected the moss neckera crispa g. The term medicinal plant include various types of plants used in herbalism herbology or herbal medicine. Catharanthus roseus vinca medicinal plant benefits and images. Capitalizing on the bioeconomic value of multipurpose medicinal plants for the. Indians and chinese have been using plants as medicines to treat wounds and pacify the inflammation. Catharanthus roseus vinca medicinal uses and images. Plants have medicinal value too along with ornamental purpose. Research has been shown that the vast uses of synthetic dyes associated with hazards effecting. The demand for medicinal plants in india to meet both domestic and export market comprising 162 species, is expected to increase at about 15 to 16% between 2002 and 2005 crpa, 2001. Besides descriptions of 126 medicinal plants of the appalachian region, this pjuide includes a glossary of the terms used, a reference list of publications, and a listing of. Source for information on economic importance of plants. This profitability can make traditionally used, accessible, and. Thus, the economic importance of medicinal plants is much more to. Khan region contained high number of medicinal plants 19 for gastrointestinal ailments followed by bannu 18, kohat 15, lakki marwat, and karak 8.