nutragreenlife ,the strong market of plant extract

The global plant extract sales amounted to $6.5 billion in 2008 , annual growth rate of the market is about 20%. Recent years in the scope of the world, especially Europe and the United States and other developed countries and regions , the plant extract demand is steady growth.

• American Market

  American is the world's largest plant medicine market. According to statistics, America spends about $6 billion per year for the nutritional health food products, and the market with nearly 20% of the annual rate of increase.

  At present the plant extracts in USA sales on the market can be divided into two categories,one category is the standard extract,  such extracts  usually have clear, uniform quality standards, and molecular biology research of perfect system, such as Ginkgo biloba extract (24% of flavonoids of Ginkgo biloba, 6% of ginkgo lactone). Another kind is the plant crude extract, this extracts often only have extraction ratio without general clear standards, such as the Equisetum extract.

  Plant extracts American herbal market accounted for more than 95%, raw medicinal herbs and other products accounted for less than 5%. In recent three years, China on USA export plant extract total export volume of 20-30%,demanding for larger varieties of ginkgo, hypericum Alice Lin, soybeans, ginseng.

• Europe Market

Europe to plant extracts as raw materials of botanical drug products  into more widespread,which is currently the world's largest plant medicine market, accounting for 45% in the global plant drug market , the market size of more than $10 billion  in 2005. Europe is the world's largest cosmetics, health food production and market research and development center.

Since 1995, the European market growth picture of plant extract has been a relatively high degree . The annual growth rate in more than 10% among most countries.Individual countries  even as high as 16% (such as the United Kingdom, Holland). The fastest growing plant extract of herbal medicine has three kinds, firstly,   health care medicine with prevention effects, such as garlic, ginseng.Secondly, the old products recognized by  the medical institutions , such as the treatment of insomnia and take leave of one's senses products. Thirdly,the old products discovered of new therapeutic effects,such as evening primrose oil and extract of Ginkgo biloba. European governments and academic circles with a positive attitude towards the plant extract,Strengthen research on plants and traditional medicines, medicinal plants with ginkgo as representative's popularity.

• Asian Market

Asian plant extracts market mainly refers to Japan, South Korea and China, at present the market size of about US $3 billion, accounting for 15% of Chinese. Japan and South Korea are the main plant extracts  export countries of China . Japan, South Korea's source of plant extracts from traditional Chinese medicine, the beginning of the last century 70's, Japan, South Korea respectively, vigorously develop the Kampo medicine and Korean medicine, Kampo medicine and Korean medicine from traditional Chinese medicine.

Japan's existing Hanfang pharmaceutical companies more than 200, among them, the largest manufacturers is a Jin Village Corporation, its output accounts for 70% of the total Japanese Kampo formulations, followed by small taro Hanfang Pharmaceutical Co. ltd.. Japanese Kampo formulations has more than 20,000 kinds of species. Japanese Hanfang pharmaceutical mostly by GMP. Korea pharmaceutical scale ranked tenth in the world, Chinese medicine factory 80, accounting for 22.2% of the total number of all Chinese and Western pharmaceutical factory. On the other hand, the developed countries the production line of raw material medicine gradually to the Asian migration, promote the development of Asian plant extracts industry.