Thursday, July 13, 2006

A wealth of herbs goes untapped

THE Malaysian market for herb-based products, including health supplements, traditional herbals, cosmetics and fragrances is estimated to be worth about RM4.55 billion a year, but the irony is that 95 per cent of it is imported.

Forest Research Industry of Malaysia director-general Datuk Dr Abdul Razak Mohd Ali said there is a lot of potential for growth because the global market for herb-based products is estimated to be worth a staggering US$80 billion (RM303 billion).

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