Economics of Medicinal Plant Production and Supply Chain Management in Mohmand Valley

Abstract

The medicinal value of plants and products derived from plants is widely recognized. A study was conducted using Medicinal Plant and their Supply Chain mechanism in Mohmand valley. This research examines the economics and value chain of a medicinal plant grown by marginal farmers in Mohmand's villages. In order to do regression analysis was conducted a field market supply chain survey in different Mohmand areas. The statistically significant outcomes of the regression analysis in this study were demonstrate the regression linearity outcome within the variables. The existing estimates of the quantities removed from Mohmand District are not based on the optimal, regulated use of these species in the valleys. However, it has been noted that the availability of MAPs, training and education, and market excess have an effect on the Mohmand MAP supply chain. Still, efficiency results in advantage. Due to a lack of competition in the value chain system for medicinal plants, middlemen dominate both the primary and secondary wholesale markets, driving up prices. It has been recommended that the Central and State Governments adopt certain actions to better the lot of these plant's impoverished growers and to enhance the nation's marketing of medicinal plants. It is recommended that sustainable strategies for MAPs be developed and that there is an urgent need for research into the connections between overexploitation of species and the quality of herbal medicines marketed worldwide. Developing training courses for medicinal plant collectors is also advised in order to enhance sustainability, trade monitoring and community involvement in natural resource management.