Plant extract is plant as raw material, in accordance with the need to extract, through physical and chemical separation process, directional gain and enrichment plants in the one or more active ingredients, without changing its effective component structure formed products.
There are many different varieties, plant extracts can be divided into pigment products, natural sweeteners, dietary supplements, medicinal materials, and cosmetics use oils, because these products for agricultural and forestry products, is easily affected by the weather, plant diseases and insect pests, planting area and other factors, so the raw material purchase price and quantity in different years there will be fluctuations, the price fluctuation of raw materials made of natural plant extracts product price, the production will have a certain degree of change, market supply and demand imbalance. Supply and demand changes unceasingly along with the year and various market factors, the imbalance between supply and demand situation has occurred.
In recent years, the plant extract more and more get the attention of medicine, food industry, although the plant extracts industry is an emerging industry, developing rapidly in the recent ten years. Plant extract industry has become one of the fastest growing industry in China, statistics show that in 2011 China’s plant extracts exports reached $1.13 billion, up 47% from a year earlier, compound growth rate of 21.91% in 2002-2011.
At the same time also to become the main force in Chinese exports, exports accounted for the proportion of total exports of Chinese medicine products more than 40%. In the first quarter of 2013 plant extracts in China imports and exports of $410 million, increased 12.1% year-on-year. Which exports to $330 million, rose 11.2%, accounting for 47% of the Chinese traditional medicine merchandise exports, plant extracts becoming the first Chinese medicine export more than $1 billion in merchandise categories.
In order to promote the healthy and sustainable development of plant extracts industry，In April 2012 medicare chamber of commerce has carried out “Standard of plant extracts of international business” And released in July 2013 the ginkgo biloba extract, cranberry extract, ginseng extract, giant knotweed extract, centella asiatica extract, extract quasi, milk thistle extract of seven plant extracts international business standards nternational business standards and release, will improve the plant extracts quality standard system, improve the industry admittance mechanism, strengthen self-discipline of the industry enterprises. Chinese plant extracts industry will become the new strategic pillar industry for national economic and social development.（Recommended Products:Spirulina）