For a long time, China's extract industry has been highly dependent on the international market, with 80% of its products exported abroad. Europe and North America, which are the largest consumption regions of plant-based supplements and herbs in the world, derive 70% of their plant-based raw materials from China. As the market grows, regulations on herbal supplements and medicines in the US and Europe are becoming stricter.
Referring to international standards, advanced inspection and testing technologies and methods are adopted to establish a perfect and standard industry standard system for more
Plant Extracts&Herbal Extracts varieties, and establish a unified international standard as soon as possible to meet the needs of the international market, which is the common aspiration of the industry. For example, as the main export markets of Plant Extracts&Herbal Extracts in China, the United States and Europe account for about 58% of the total export of
Plant Extracts&Herbal Extracts in China. Due to the strict quality standards of Plant Extracts (including pesticide residues, heavy metals and microbial colony number, etc.) implemented by developed countries such as Europe, America and Japan, domestic Plant Extracts&Herbal Extracts enterprises are under great pressure. Because there is no standard to follow, Chinese export enterprises of Plant Extracts&Herbal Extracts always follow customer standards and can only produce according to customer requirements passively. Although in accordance with the requirements of the other side, the operation is simple, but the drawbacks are obvious. If customers object to the quality of their products, the manufacturers will be at the mercy of others and suffer losses. Therefore, in order to break through the technical barriers of developed countries, the export standards of Plant Extracts&Herbal Extracts must be formulated and strictly implemented.
Thanks to the popularity of natural health concept, despite the slowing of export growth in the harsh global economic environment, the export prospects of Plant Extracts&Herbal Extracts are still optimistic in the future. At present, the Plant Extracts&Herbal Extracts produced in China have reached hundreds of varieties, among which, the Plant Extracts&Herbal Extracts produced in scale and exported have formed ginkgo biloba leaf extract, green tea extract, ginseng extract and so on. These products have a large market share in western countries. In fact, although the standard formulation process is slow, the industry generally believes that China's Plant Extracts&Herbal Extracts industry is the most likely sub-industry in the field of TRADITIONAL Chinese medicine to achieve internationalization, and it is also a realistic choice to realize the internationalization of traditional Chinese medicine.
Plant Extracts&Herbal Extracts enterprise faces the double pressure of international and domestic market, we should enhance the overall level of the industry through product registration and unified standards, strengthen international certification and basic research, and improve the innovation ability.
