Rapid Rise of Plant Extract Market

- Dec 28, 2018-

In recent years, with the improvement of people's living standards and the upgrading and transformation of consumption structure, the focus on disease has shifted from simple treatment to prevention. As the core raw materials and products of biomedicine, plant extracts have been widely used in the production of plant medicine, food additives, functional food, health food, cosmetics and other fields. With the rapid development of biomedicine in the 21st century, under the influence of the new medical model, the active or functional plant extract products are more popular all over the world and have broad market space, which also promotes the development prospects of China's plant extract export. At the same time, the continuous promulgation of favorable industrial support policies in China will keep the industry developing at a high speed. It is estimated that the market size of plant extract industry in China will reach 24.9 billion yuan in 2018 and will exceed 34.1 billion yuan in 2022. In the future, China's plant extraction industry will become a new strategic pillar industry for national economic and social development.

In this context, the "NEX China" exhibition, which has been accompanied by the domestic extract industry for the past ten years, will come again from June 18-20, 2019 at the Shanghai New International Expo Center. Relying on the vigorous development of the international natural extract industry and the resource advantages in the field of animal and plant extraction in China, the scale of the exhibition will be expanded to E4 and E5 halls. At that time, domestic and foreign high-quality extract enterprises will bring innovative products to the public one by one. The organizers will also hold several forums and seminars on natural raw materials at the exhibition site to share global regulations, analyze hot export varieties and innovative application trends of natural plant extracts, and provide a variety of solutions for plant extractors in transition.