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Plant extract industry is booming Health Articles | April 3, 2012 People are not only filled with hope but also have a trace of worry about the plant extracts industry. The expect is from the rapid development in Chinese plant extracts industry for the past 10 years.
?It has become an important force in the global market. The worry is that the market is in a state of disorder and it needs to improve the safety and competitive advantage.
In 2010, composed by the four major categories of dietary supplements, natural organic food, natural care products and functional foods constitute a global nutrition market size is about f $ 210.4 billion. It is expected that in the next 10 years the annual growth rate will exceed 8%; the global plant extracts material with annual sales of $ 6.5 billion, the growth rate of about 20% higher than the drugs.
The first major exporter of Chinese plant extracts is the United States accounting for exports of 30.06%. The 21.82% are exported to Europe Rush Justice Hill Jersey , 16.86% are exported to Japan. Plant extracts advantage of China's vast plant resources and relatively low operating costs. Increase of the overall trend of global aging and the natural demand for drugs will continue to provide a huge market space, which provides development opportunities for China's plant extracts. Plant extracts come from agricultural products, development of the industry will be able to drive a new type of rural development.
At the same time, the plant extract industry should be standardized. First, Chinese plant extracts the current level of competition is relatively low, uncoordinated with the export volume of the market continued to rise. Firm size is relatively small [url=http://www.r