Ginseng extract market will still be dominated by stable supply

Ginseng extract has a wide range of applications It can not only be used in the pharmaceutical and health care industry to prepare anti fatigue, anti-aging and brain healthy food, but also can be used in the beauty cosmetics industry to prepare cosmetics that can remove spots, reduce wrinkles, activate skin cells, enhance skin elasticity, and can also be used as food additives As the king of herbs, ginseng has always been favored by the health products industry, and it has always been one of the preferred formula ingredients of health products In recent years, the demand of the international market has been increasing, with an annual growth rate of 20% In the face of the substantial increase in demand, the production and supply enterprises of ginseng extract in China have less access to the international market due to technical barriers Currently, the hot-selling product specifications are 5% - 15% of ginsenoside At present, the raw materials used to extract ginseng extract in our country are divided into several grades according to different customers: white mixed whisker, mixed raw ginseng, whole fiber raw ginseng After the Spring Festival, the raw materials of these specifications have increased in varying degrees The enterprises with market leading position, which supply the main products with ginseng extract, will basically make sufficient raw material reserves in the acquisition season, and strive to stabilize the price of self operating extract Therefore, the market price of ginseng extract is relatively stable The United States, Europe, Southeast Asia and other countries are the main demand markets of ginseng extract in China, among which the European market has the most stringent requirements and the largest demand for ginseng extract products In the past, the main import of common ginseng extract has now turned into the demand for low agricultural residual ginseng extract At present, the domestic enterprises that can reach the standard are relatively small If we want to locate a larger international market, the Chinese ginseng extract enterprises need to improve in the technical level According to the Research Report on market analysis and investment value of Chinese ginseng extract in 2013-2017 released by Sunplus consulting, throughout the whole ginseng extract industry, it has certain development space, and the market will still be dominated by stable supply in the future.