Economic effects of implementing innovative agrotechnologies in the growing of medicinal plants

Abstract

This article analyzes the economic efficiency of introducing innovative agrotechnologies in the
cultivation of medicinal plants. The current state of the medicinal plant market, mechanisms of efficient resource
utilization, and factors influencing yield are examined. The research results show that the application of drip irrigation
systems, biostimulants, agrochemical soil monitoring, and highly productive plant varieties leads to increased yields,
reduced production costs, and higher profitability. Furthermore, the use of innovative technologies in the cultivation
of medicinal plants contributes to ecological sustainability, improvement of product quality, and growth in export
potential. Based on practical findings, the article provides relevant conclusions and recommendations.