Market analysis of plant extracts

The two most important export markets of plant extracts in China are the United States and Japan, which are not only the traditional export market of plant extracts in China, but also the largest export market of plant extracts in China In 2013, the export volume of plant extracts from China to the United States was $313 million, an increase of 23.32% year on year; the export volume to Japan was $193 million, a decrease of 5% year on year The market growth of ASEAN and Africa is fast In 2013, China's export of plant extracts to ASEAN market reached 185 million US dollars, an increase of 80.82% year on year Among them, the export volume of plant extracts to Indonesia, India and Malaysia was US $64.47 million, US $94.78 million and US $57.31 million respectively, up 83.63%, 45.28% and 144.01% respectively In 2013, China's export of plant extracts to African market reached US $12.84 million, an increase of 95.53% year on year The export performance of plant extracts to Latin American countries and regions fluctuated In 2013, China's export volume of plant extracts to Latin American market was US $74.97 million, down 11.55% year on year Among them, the export of plant extracts to Mexico decreased significantly, with the export volume of US $37.5785 million, a year-on-year decrease of 36.16%; the export volume of plant extracts to Brazil of China was US $23.3292 million, a year-on-year increase of 59.63% In 2013, there were 1776 enterprises with plant extract export business in China Among them, private enterprises are the main force to promote the growth of export performance of plant extracts The number of export enterprises is 1406, with the export amount of US $760 million, accounting for 53.83%; the number of export enterprises with "three capital" is 200, with the export amount of US $479 million, accounting for 33.92%; the export amount of state-owned enterprises accounts for 12.17% Chinese herbal medicine industry report mentioned that China's plant extract industry is a new industry, and the main body of the industry is private enterprises Private enterprises have gradually grown up in the international market through constant struggle In recent years, the brand awareness and international competitiveness of Chinese plant extract enterprises have gradually increased, and the industry has entered a new development track Among these enterprises, there are two listed companies, Guilin Rhine and Chenguang biology, Xi'an Haotian, Beijing Green Jinke and other high-quality brand enterprises driven by continuous innovation, as well as diversified business enterprises such as Zhejiang Kangenbei Pharmaceutical Group They are constantly seeking breakthroughs and trying to innovate, leading the development direction of the industry In addition, the 12th Five Year Plan for the development of the food industry issued by the state clearly supports the development of the plant extract industry We believe that with the continuous improvement of international business standards for plant extracts, China's plant extract industry will become more standardized.