The development of plant extracts ushers in a bright moment
Date：2021-04-16 15:58:14Views：
In recent years, the scale of plant extract industry has ushered in rapid growth, especially in Europe and the United States and other developed countries and regions, the demand for plant extract has been growing steadily, which has stimulated the development of the industry. According to the analysis of markets and markets, in 2019, the global market value of plant extracts is about US $23.7 billion, and it is expected to reach US $59.4 billion by 2025, with a compound annual growth rate of 16.5%.
China is rich in plant resources, in which more than 300 kinds of plant extracts can be used. As a major exporter of plant extracts in the world, China's export volume of plant extracts has been rising in recent years, reaching a record high of US $2.368 billion in 2018, with a year-on-year growth of 17.79%. According to customs statistics, in 2019, China's exports of traditional Chinese medicine products were 40.2, with a year-on-year growth of 2.8%. Among them, the largest proportion of plant extracts was US $2.37 billion, with a year-on-year growth of only 0.2%; the export volume was 86900 tons, with a year-on-year growth of 5.68%; the export price was US $27.3/kg, with a year-on-year decline of 5.19%.
With the increasing concern for food and drug safety, a large number of edible safe and nutritious plant extracts have been used as raw materials to produce nutritious food and health food in various ways. The strong market demand has driven the rapid development of the industry, but there are still many problems to be solved.