Market development of Chinese plant extracts

Although 80% of the plants extracts in China are exported to foreign countries, China doesn’t master the right to speak for itself. Almost all well-known brands of plant extracts have been occupied by pharmaceutical raw materials suppliers of Japan and the United States. Chinese plant extracts are still mainly exported in the form of raw materials and primary processed products. In addition, to avoid this dilemma and adapt to international standards, developing national standards of plant extracts is imperative for China.

A large amount of plant extracts are food additive products exporting to foreign countries. Especially for food colorings, in the first half of this year, demand increased substantially and it drives the export of whole plant extracts. Such as Mexico and other countries, traditional eating habits are more sensitive to food color, and thus the demand for some food coloring is also larger in the first half of 2012 exports to Mexico chili pigment increases.

All along, the international demand o plant extracts is relatively stable. It has relatively strong growth momentum. The export of plant extracts in the second half is expected to remain steadily trend will be maintained. This part of the plant extract products in the export tax rebate adjustment from 13% restored to 15%, and enhance the confidence of the enterprise exports will play a larger role in promoting the export of Chinese enterprises. As the main staple varieties for export of plant extracts of Ginkgo biloba extract, the international market has reached $ 7 billion, the hospital plus the pharmacy market in China has also been well over 3 billion U.S. dollars, a huge market of plant extracts has become a number of pharmaceutical companies competing compete for the cake.

Significant increase rate of plant extracts exports also touch the sensitive nerve of plant extract manufacturer. Europe and the United States intensified the demand for plant extracts. It will adjust the structure of exports, the second half prepared to increase the export of products of plant extracts. Although the plant extracts and still in a downturn in economic circle under the influence of a defensive trend, but the deep-seated problems within the industry has become the shackles of plant extracts further into the international market.

An enterprise currently operating plant extracts about 2000, but really does not have much international competitiveness of enterprises, industry concentration and international competitiveness, while 80 percent of Chinese plant extract products have been for export, but did not master the international right to speak. From the status quo of Chinese plant extract industry extract a single product does not have its own brands and patents, the lack of key technologies and market advantages; types of plant resources in the resource-rich but can not be rational and effective use and development. New product development capabilities, brand awareness is weak become the common problem of the implant industry in China.

As a result, new product development and brand protection in the plant extract much industry attention. More enterprises to plant imitation, but very few truly original products, product homogeneity serious competition. And plant extracts low barriers to entry, once the type of product is popular in the international business it is easy to follow the trend of indiscriminate investments, low-quality low-cost vicious competition is serious.

Throughout the international market, almost all extract well-known brands have been occupied by Japan and the United States, and plant extracts in China is still mainly exported in the form of raw materials and primary processed products. It practical reasons are mainly about standard of plant extracts. The relevant standards on plant extracts still mainly depend on industry standards and it lacks of national standards. Because the plant extracts standards are not unified and perfect, the existing industry standard is only suitable for the finished products of plant extracts. It doesn’t have requirement for the ingredients contained in the finished product. The resulting is that some bad businesses take advantage of the loopholes and adding inferior material.

Source:http://www.cospcn.com