Panacea –The Global Natural Products Meeting Place in South Asia
India, the world's 10th biggest economy in 2011, would become the fifth largest by 2020. India's economic growth is likely to rise to more than 7.5 percent in calendar year 2013.
With reference to the Indian healthcare sector, it is scaling new heights and is bound to gross US$280 billion industry by 2020. Whereas the herbal market is expected to grow rapidly in the coming years and by 2015, it's size of the domestic market will rise to US$ 28 mn, reflecting a compound growth rate of over 20 %.
The Cosmetic industry with rising purchasing power and growing fashion consciousness is estimated to expand at a CAGR of around 17% during 2011-2015. Also, sales in the organic sector are currently estimated at US$150 mn for exports and about US$30 mn in the domestic market.
Retail industry in the country is moving fast and is one of the pillars of the economy, it accounts for 14–15% of its GDP. This market is estimated to be US$ 450 billion and one of the top five retail markets in the world by economic value.
Similarly the other South Asian nations have also been experiencing a rapid increase in the demand for natural ingredients & products.
'Panacea' is a path-breaking initiative by Seishido Communications, powered by the single-minded vision to achieve growth & promotion of natural products in India and the Indian Sub-continent. The '12 Expo was appreciated by all with 92% exhibitors rating the exhibition as excellent or good, 90% of the exhibitors rebooking for Panacea2014 and 85% of the exhibitor expectations met or exceeded.
Contact Details
Contact Person:Ms.Mini Chakravarty
Telephone:
Fax:
Email:
India, the world's 10th biggest economy in 2011, would become the fifth largest by 2020. India's economic growth is likely to rise to more than 7.5 percent in calendar year 2013.
With reference to the Indian healthcare sector, it is scaling new heights and is bound to gross US$280 billion industry by 2020. Whereas the herbal market is expected to grow rapidly in the coming years and by 2015, it's size of the domestic market will rise to US$ 28 mn, reflecting a compound growth rate of over 20 %.
The Cosmetic industry with rising purchasing power and growing fashion consciousness is estimated to expand at a CAGR of around 17% during 2011-2015. Also, sales in the organic sector are currently estimated at US$150 mn for exports and about US$30 mn in the domestic market.
Retail industry in the country is moving fast and is one of the pillars of the economy, it accounts for 14–15% of its GDP. This market is estimated to be US$ 450 billion and one of the top five retail markets in the world by economic value.
Similarly the other South Asian nations have also been experiencing a rapid increase in the demand for natural ingredients & products.
'Panacea' is a path-breaking initiative by Seishido Communications, powered by the single-minded vision to achieve growth & promotion of natural products in India and the Indian Sub-continent. The '12 Expo was appreciated by all with 92% exhibitors rating the exhibition as excellent or good, 90% of the exhibitors rebooking for Panacea2014 and 85% of the exhibitor expectations met or exceeded.
Contact Details
Contact Person:Ms.Mini Chakravarty
Telephone:
Fax:
Email:
