A Comprehensive Review on Emerging Importance and Economical Potential of Medicinal and Aromatic Plants (MAPs) in Current Scenario | [Pakistan Journal of Agricultural Research • 2021]

Author(s):

1. Umair Riaz: Soil and Water Testing Laboratory for Research, Bahawalur-63100, Agriculture Department, Government of Punjab,Bahawalur-63100,Pakistan

2. Shazia Iqbal: Institute of Soil and Environmental Sciences, University of Agriculture,Faisalabad 38040,Pakistan

3. Muhammad Irfan Sohail: Institute of Soil and Environmental Sciences, University of Agriculture,Faisalabad 38040,Pakistan

4. Tayyaba Samreen: Institute of Soil and Environmental Sciences, University of Agriculture,Faisalabad 38040,Pakistan

5. Muhammad Ashraf: Soil and Water Testing Laboratory for Research, Bahawalur-63100, Agriculture Department, Government of Punjab,Bahawalur-63100,Pakistan

6. Fatima Akmal: Institute of Soil and Environmental Sciences, University of Agriculture,Faisalabad 38040,Pakistan

7. Ayesha Siddiqui: Department of Botany, University of Agriculture,Faisalabad 38040,Pakistan

8. Ijaz Ahmad: Ecotoxicological Research Program, National Agricultural Research Centre,Islamabad,Pakistan

9. Muhammad Naveed: Soil and Water Testing Laboratory for Research, Lahore, Agriculture Department, Government of Punjab,Pakistan

10. Naveed Iqbal Khan: Soil and Water Testing Laboratory for Research, Lahore, Agriculture Department, Government of Punjab,Pakistan

11. Rao Masood Akhter: Regional Agricultural Research Institute, Bahawalpur, Agriculture Department, Government of Punjab,Pakistan

Abstract:

The medicinal and aromatic plants (MAPs) are current hot topic in the industries for their products. MAPs used in various items like pharmaceutical industry, health care items, cosmetics, organic food items etc. MAPs are gaining global admire and most of the pharmaceutical companies filing patents on medicinal plants and their derivatives and about 40% newly approved drugs during last two decades are formulated from natural origin. Multitude of socio-economic factors influence economic values of medicinal plants both locally and at international level. The world trade in botanicals is US $ 32.702 billion and Asian botanical trade is for US $ 14.505 billion with 6.634 million tones and accounts for 44.35 per cent and 53.13 per cent of world trade in terms of value and volume, respectively. Following the leading role of China with 1.48% share in MAPs exports, India is second largest exporter of MAPS with 8.75% share in Asian trade of MAPs. Various biomass and leftover produced with these plants production, as the MAPs cultivation withstands a huge economic potential, but it has several limitations to adaptation as arable crops i.e. lower prices, non-availability of transit markets, underdeveloped cultivation technology, poor availability of cultivation resources and genetic materials and many more. Therefore, MAPs can be cultivated and adopted to various geographical landscapes if facilitated by governments especially in the rural areas of low-income Asian and African countries.

Page(s): 381-392

DOI: 10.17582/journal.pjar/2021/34.2.381.392

Published: Journal: Pakistan Journal of Agricultural Research, Volume: 34, Issue: 2, Year: 2021

Keywords:

sustainability , human health , Economic determinant , Medical and aesthetic potential , Trade potential

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