Plants are an inseparable part of human civilization, playing a crucial role in food, healthcare, and shelter. Different ancient civilizations across the globe have proved the importance of plants and herbs in life. Even in the current time, tribes and rural areas are relying on herbal and plant-based healthcare due to efficiency and accessibility. The climate has a direct role in the distribution of plant biodiversity across different geographical regions. Based on the distribution, some of the biodiversity-rich regions have been identified as hotspots. The plants and plant products also have industrial importance. Due to wider acceptability and lower possibility of side effects, the global market demand for herbal products is increasing day by day. Although identification and product development from herbs and plants is a tedious task that needs continuous efforts, the market has recorded the evolution of key players in herbal products in the last few decades, like Dabur, Baidyanath, Ogawa & Co., Ltd., Bell All Natural, Maruzen Pharmaceuticals Co., Ltd., and CPHI Korea. The rising consumption rate of herbal products also imposes a burden on natural resources and requires conservation plans.