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Product Development Of Plant Extracts

- Sep 01, 2017 -

Data show that in the first half of 2014 years, China has 1074 enterprises to export plant extracts goods, compared with the same period last year, the number of export enterprises increased slightly. Among them, the export of private enterprises accounted for up to 50.4%, far ahead, the largest contribution. "-" companies followed, accounting for 35.4%. China's plant extracts industry development in the 20, the private plant extracts enterprises in the lack of "care" under the conditions of growth and development, in response to the financial "tsunami" in the challenge of growing.

Under the influence of the new medical model, the functional or active plant extraction products are favored. At present, the plant extracts industry has become more and more rapid development, has surpassed the drug market growth rate, becomes the independent emerging industry. With the rise of plant extracts in the world, China's plant extracts industry will become a new strategic pillar industry of national economy and social development.

Plant extracts are the main force in the export of Chinese traditional medicines, which accounts for more than 40% of total exports of Chinese medicine products. Although the plant extractive industry is a new industries, it has developed rapidly in the past 20 years. Statistics show that in 2011, China's plant extracts exports reached 1.13 billion U.S. dollars, year-on-year growth of 47%, 2002-2011 compound growth rate reached 21.91%. Plant extracts became the first category of Chinese herbal medicines to export more than US $1 billion.