Market of plant extracts is a developing market and has huge growth potential, in 2005 the international market size of plant extracts at around 33 billion dollars, primary plant extract providers are from India, and Brazil and China, United States, Asia, Europe is the world’s third-largest market of plant extracts. According to United Nations approximates, annual industry growth rates in between 10 ~ 20%.
Plant extracts export prices have been volatile, prices revealed an upward pattern in the early 1990s, the down pattern from 1996 later, from 1996 $ 20/kg to 11.26/ kg in 2003, a 40% reduction, from 2004 onwards, the rate was stable and quick increases, from $ 11.26/ kg in 2003 increased to $ 19.12/ kg in 2005, an increase of 68%, mainly brought back to the 1996 cost level, particularly in the Asian market healing in costs much faster, mainly due to the fast rising demand of the international market for alternative medicines, another reason, China plant to commercial advancement for several years, as the international market to raise the threshold, their competitive capability is likewise rising.North American plant extracts more than 90 percent of the marketplace depends on the United States, and the United States is the world’s largest herbal market. According to statistics, each year in the United States to invest$6 billion for nutrition and natural food, and this market is the increasing rate of nearly 20 %annually. About 5%of patients taking natural medicines, of which 80% of individuals taking traditional Chinese medicine in the treatment process. Plant extracts currently sold in the U.S. market might be divided into two categories: one is a basic extract generally draw out such a clear and uniform quality basic system molecular biology research study such as Ginkgo biloba extract(24%ginkgo flavonoids and 6 %ginkgolide); other crude plant extract, such extracts are often just extraction ratio without a clear common standards, such as Equisetum extracts. Plant extracts accounted for more than 95%of the U.S. market for organic medicines, raw herbs and other products represent less than 5%. In the last 3 years, Chinese exports to the U.S. plant extract 20-30%of the overall export volume. The higher need for varieties of Ginkgo biloba, Hypericum lotus Alice, soybeans, ginseng, and so on. Asian plant extracts market generally Japan, South Korea and China, the present size of the marketplace for
about $3 billion, China represented 15 %. Japan and South Korea are China’s major exporting nations of the plant extract. Japan, South Korea, the source of plant extracts from standard Chinese medication, the last century 70’s, Japan, South Korea intensely develop Kampo and Korean medication, Kampo and Korean medication from Chinese medication. Japan existing pharmaceutical companies more than about 200. Japan Kampo formulations have more than 20,000 type of varieties. The bulk of the pharmaceutical companies in Japan passed the GMP. The size of the Korean pharmaceutical ranked 10 on the planet, the 80 pharmaceutical business, representing 22.2% of the overall variety of Chinese and Western pharmaceutical business. In developed nations, on the other hand, the assembly line are gradually migrating to Asia, to promote the development of the Asian plant extracts industry. Europe more prevalent as the raw product of herbal products, plant extracts, is presently the world’s largest natural medication market
, representing 45%of the worldwide herbal medication market, the marketplace size of more than 10 billion U.S. dollars in 2005. Europe is the world’s biggest cosmetics and organic food market and production research study and advancement center. Since 1995, the European plant extract was reasonably large market growth, many countries in more than 10%annual development rate, individual countries or even as high as 16%( such as the UK, the Netherlands). Fastest growing herbal plant extracts into 3 classifications: First, the function of preventive pharmaceutical basic materials, such as garlic, ginseng; medical institutions recognized the old products, such as the treatment of sleeping disorders and neurological items; Third, is the discovery of a brand-new treatment the role of the old products, such as night primrose oil and ginkgo preparations. European governments and the scholastic neighborhood have a favorable mindset on the plant extracts to strengthen the research study of medical plants and standard medicine, organic ginkgo has actually been commonly invited. Plant Based Diet