The development direction of Chinese plant extracts
With the rapid development of bio-medicine in the 21st century, under the influence of the new medical model, with favored activity or function plant extracts are widely recognized in the world, has a broad market space.
Currently, the plant extract industry development faster and faster, the rate has exceeded the speed of drug development, and become an independent emerging industry, is widely recognized in the world. With the rise of the worldwide plant extracts markets, Chinese plant extracts industry will also become a strategic pillar industry.
China plant extract industry production and sales demand and forecast report shows that the plant extracts are the main force of Chinese exports, exports accounted for the total exports of Chinese medicine products more than 40%. Although the plant extract industry is an emerging industry, but over the past decade, it develops rapidly. According to plant extract supplier, in 2002 plant extracts exports only $ 190 million, but in 2010, exports have reached $ 815 million, an average annual growth rate is 19.65%. Not only that, the plant exports extract in recent years more showing a trend of volume and price increases, especially the average export prices rose significantly.
The data show that the first half of 2011, China’s exports of plant extracts is $ 525 million, a year-on-year growth of 47.68%, plant extracts in the proportion of the export of Chinese medicine products increasing gradually. Used as a natural medicine and homeopathy products, plant extract has a very stable sales in the international market.
Current challenges of Chinese plant extract products in the international market mainly from the safety testing. In recent years, the European Union, the United States, Canada, Japan and other countries and regions have been gradually established organic agriculture regulations, standards, regulations, to certify the health products. Therefore, in the case of increasing testing standards of the international market, Chinese enterprises are rapidly growing and adapting to environmental changes.
It is worth noting that China has accelerated the standardized of plant extract building material industry, establish and improve relevant laws and regulations, and give appropriate support. In future, China plant extract industry should also extend the industrial chain to the end-products such as herbal medicine, health food, cosmetics, and other aspects of development, improve the technological content of products, expanding profit margins. Special attention the development of some wolfberry, sea buckthorn, Rhodiola, Ganoderma lucidum, Angelica, Pueraria and other new resource types plant extracts, these products are expected to become the future plant extracts market "high demand".
In addition, more than 80% of Chinese plant extracts enterprises export their products. However, with the change of the exchange rate, as well as the growth of the Chinese market, more open up cooperation between the enterprises, also the future development direction of plant extracts enterprises. The plant extract is a core raw materials and products of biomedicine, is widely used in the field of pharmaceutical raw materials, food additives, functional food, cosmetics and other field of production.
Source: Free Articles from ArticlesFactory.com
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