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Product development of plant extracts
May 18, 2018

Data show that in the first half of 2014 years, China has 1074 enterprises export plant extracts commodities, compared with the same period last year, the number of export enterprises slightly increased. Among them, the private enterprise exports accounted for up to 50.4%, far ahead, contribute the most. "Funded " Enterprise followed, accounted for 35.4%.

China's plant extracts industry development less than 20, the private plant extracts enterprises in the lack of "care" conditions of growth and development, in response to the financial "tsunami" challenges continue to grow. Under the influence of new medical model, functional or active plant extraction products are favored. At present, the plant extracts industry is developing more and more quickly, has surpassed the drug market growth rate, becomes the independent new industry.

With the rise of the market of plant extracts in the world, China's plant extracts industry will become a new strategic pillar industry of national economy and social development. The plant extracts are the main force of Chinese Traditional medicine commodity export, and the proportion of exports to the total export of Chinese medicine products exceeds 40%. Although the plant extracts industry is a burgeoning industries, it has developed rapidly in the last 20 years. Statistical data show that 2011 China's plant extracts exports reached 1.13 billion U.S. dollars, an increase of 47%, 2002-2011 composite growth rate reached 21.91%. Plant extracts become the first Chinese medicine exports more than 1 billion U.S. dollars in the category of goods.


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