International market demand for ginseng extract grows

Ginseng, as the king of herbs, has always been one of the first choice ingredients for health products In recent years, the international market demand has increased greatly, with an annual growth rate of 20% In the face of the rapid growth of demand, the production and supply enterprises of ginseng extract in China can enter the international market only for technical reasons Currently, the hot-selling product specifications are 5% - 15% ginsenosides According to the relevant person in charge of Jilin Hongjiu, the raw materials used to extract ginseng extract in China are divided into several grades according to the different customers: white mixed beard, mixed raw ginseng and whole fiber raw ginseng The raw materials of several specifications have increased in varying degrees after the Spring Festival, and ginseng extract is used In order to supply the main products and have the market leading position, the enterprises will basically make sufficient raw material reserves in the acquisition season, and strive to stabilize the price of self operating extracts Therefore, the market price of ginseng extract is relatively stable The main demand markets of ginseng extract in China are the United States, Europe, Southeast Asia and other countries 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 of low agricultural residual ginseng extract At present, there are not many enterprises in China that can meet the EP standard If we want to position a larger international market, our enterprises need to improve in the technical level It is predicted that the market of ginseng extract with certain development space will still be dominated by stable supply in the future.