MOA pushes for Thai herbal products enter the domestic market of 1.8 billion

Published 2021년 9월 20일

Tridge summary

The National Bureau of Agricultural Commodity and Food Standards (MOC) of Thailand is taking steps to promote the use of herbs in various industries and hospitals, aiming to increase their market value from 180 billion baht in 2019 to 3 trillion baht globally. To ensure quality and safety, the MOC is developing agricultural standards for medicinal plants and supporting the development of auditors. These standards will cover the production of medicinal plant raw materials for herbal products. The MOC is also using the online agricultural market, DGTFarm, to increase the competitiveness of herbal products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

NIDA responds to the policy to promote the use of herbs moving forward with medicinal plant standards throughout the production chain until the process of processing quality and safe products (Herbal Product) to build consumer confidence both domestically and internationally Ready to support marketing through DGTFarm to increase added value of 180 billion baht On September 20, 2021, Mr. Phisan Pongsapitch, secretary-general of the National Bureau of Agricultural Commodity and Food Standards (MOC), revealed that herbs are now more and more alternatives to health care. because that Herbs are safe Including the government has a policy to promote the use of herbs in hospitals and nursing homes instead of importing modern medicines. And herbs are used in the cosmetics, food supplements and medicine industries. In 2019, Thai herbs have a market value in the country that is up to 180 billion baht. while the global market value is as high as 3 trillion baht and has a tendency to increase ...

Source: Prachachat