Revolutionizing Agriculture: New Avenues for Global Growth
Mukti Sadhan Basu, Ph.D
MD, SBSF Consultancy | Consultant TATA Trust | Ex. Director, ICAR | Visiting Scientist, ICRISAT | UN International Consultant, Africa.
Modernizing Indian agriculture means thinking outside the box
Arnica is used commercially in cosmetics, shampoos, hair tonics, anti-dandruff products, bath products and massage oils. Arnica oil is also used in perfumery.?
In the European Union, several defined arnica preparations like alcoholic tinctures are regulated as traditional herbal medicinal products (THMPs) requiring registration and pre-marketing authorization as per the quality standards monograph of the European Pharmacopoeia.
Addressing underdeveloped areas, we propose Arnica cultivation for small organic farms in the hills of Jammu and Kashmir, extending to the wider Himalayas.
Arnica montana, native to Europe, offers significant medicinal value
Market Insights:
Romania is a key player in the arnica market, exporting primarily to Germany, Italy, France, and Switzerland. Germany, in particular, constitutes the largest share of Romania's arnica exports, driven by robust demand. The pharmaceutical and cosmetic sectors in Germany alone require approximately 10 metric tons of arnica annually.
This demand-supply gap
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Following are the major key players in the arnica-based product and extract market: Weleda AG, Boiron, Dr. Hauschka, Kneipp GmbH, Hyland's; among others.
The location of prospective Arnica montana growing areas in the World and in India is shown on the map. The color scale indicates the density of probability. Red represents the highest probability, whereas light yellow means the lowest probability. White areas indicates locations where conditions are unsuitable for growing the crop. The results are the output of CropLocator, which is a proprietary AI solution developed by SBSF Agritech . The solution is based on Machine-Learning models and leverages global Climate, Weather, Soil and Geographical data, combined with a highly curated database of several million germplasms of crops and trees.
CEO Central Galaica de Plantas y Especias S.L
8 个月One of our Spanish Arnica Montana L. Cultivation ( Atlantica subespecie) most valued Arnica on the market.
Customer Relationship Manager, Brand strategy, Sales &Business Development, Entrepreneur, International Business Management, Export Broker
1 年We have colombo roots Cocculus palmatus in Malawi. Whatsapp +265991575888
HR Professional at BFIL - IndusInd Bank | Formerly with Ujjivan | MBA Graduate | Bridging Agriculture and Business | Driving Growth and Innovation | Mahatma Gandhi Central University '23 | Amity University '21
1 年That's fascinating! It's great to hear that India has the potential to tap into the market for Arnica montana. It could be a valuable opportunity for farmers and contribute to the country's economy.
Consultant Agronomist, Former Director of Research & Dean, SK Rajasthan Agricultural University, Bikaner, India
1 年Arnica montana, a unique medicinal plant of healing value, can , of course , have immense opportunities for export market .But propagation and cultivation techniques need to be standardized ; I do not know whether any systematic research has been done on this rare plant under M & AP project of ICAR.?
What for this is used? Is there any Indian plant/flower that has similar properties?