Content overview: With the rapid development of the global economy, the continuous improvement of people’s living standards and the popularization of health knowledge, consumers have a deeper and deeper understanding of the side effects of chemical synthesis products, and are increasingly concerned about their own health problems. Natural and pollution-free The market demand for plant extract products continues to grow, and the market scale continues to expand. In 2018, the global plant extract market exceeded the US$10 billion mark, of which America accounted for 13.35%, Europe accounted for 30.05%, and Asia accounted for 50.21%. In the future, the global plant extract market will The extract industry will continue to benefit from changes in people’s concepts and maintain its growth trend. The global plant extract market size is expected to reach US$15.525 billion in 2023.
Keywords: Current status of plant extract industry, plant extract competition landscape, plant extract development trend
I. Overview
Plant extract refers to a chemical product that extracts and separates active ingredients from plants. The preparation process of plant extracts is usually divided into steps such as extraction, filtration, concentration, and reduced pressure drying. Different plant extracts can be prepared according to their biological activities. Classified by different characteristics such as , physical and chemical properties, plant extracts can be divided into bark extracts, flower extracts, leaf extracts, etc.
- Industrial chain
The upstream of the plant extract industry mainly includes agricultural and forestry plant cultivation, extraction equipment, etc. China has a vast territory, spanning more than 60 degrees of longitude and more than 40 degrees of latitude. It has diverse geology and landforms and is very rich in plant resources. It is very important for the development of China’s plant extract industry. Favorable, the downstream application fields of plant extracts mainly include cosmetics, feed additives, health products, medicine, food additives and other industries.
The downstream of plant extracts mainly includes cosmetics, feed additives, health products, medicine, food additives and other industries. In 2022, China’s cosmetics retail scale will be 393.6 billion yuan, feed additive production will complete 14.688 million tons, and the health products industry market size will reach 402.15 billion yuan. The operating income of the pharmaceutical manufacturing industry reached 2.91114 billion yuan. In the post-epidemic era, various industries have ushered in a comprehensive recovery, and the downstream market continues to prosper, bringing broad development space for the development of the plant extract industry.
Related reports: “2023-2029 China Plant Extracts Industry Development Model Analysis and Future Prospects Planning Report” released by Zhiyan Consulting
- Development status
With the rapid development of the global economy, the continuous improvement of people’s living standards and the popularization of health knowledge, consumers have become more and more aware of the side effects of chemical synthesis products, and are increasingly concerned about their own health problems. Natural, pollution-free plant extracts The market demand for biological products continues to grow, and the market scale continues to expand. In 2018, the global plant extract market exceeded the US$10 billion mark, of which America accounted for 13.35%, Europe accounted for 30.05%, and Asia accounted for 50.21%. In the future, the global plant extract industry It will continue to benefit from changes in people’s concepts and maintain its growth trend. It is expected that the global plant extract market size will reach US$15.525 billion in 2023.
From the perspective of the domestic market, thanks to the rapid development of downstream industries such as cosmetics, food and beverages, dietary supplements, and medicine, as well as consumers’ increasing emphasis on concepts such as “natural health”, the domestic plant extract industry has shown strong growth in recent years. Growth momentum. In 2018, China’s plant extract production and demand reached 223,000 tons and 181,000 tons respectively, with a market size of 11.31 billion yuan. Since the outbreak of the COVID-19 epidemic in 2020, the concepts of healthy diet and treatment of diseases have become more popular. Terminal The sales growth of dietary nutritional supplements is driving the market demand for plant extracts. It is expected that China’s plant extract production and demand will reach 468,900 tons and 412,900 tons respectively in 2023, and the market size will reach 23.78 billion yuan.
- Competitive Landscape
In recent years, more and more companies have paid attention to and entered the plant extraction industry, and resource integration has accelerated. A number of companies with advantages in equipment, technology and market expansion have emerged, such as Hongda Phytochemicals, Chenguang Biotech, Rhine Biotech, Zhejiang Jianfeng, Conba, etc., these advantageous enterprises have common characteristics: they are at the leading level in terms of extraction technology, quality, and output, and have the processing capabilities for a variety of products; they have established their own raw material base and can control the quality of raw materials; they have It has a fixed customer group, has a certain reputation, and has strong R&D capabilities. From the perspective of corporate structure, Chenguang Biotechnology will account for 29.39% of the market share of China’s plant extract industry in 2022, accounting for the largest proportion.
- Development Trend
In recent years, the call for “returning to nature” has been rising around the world. Plant extracts have attracted more and more attention from the pharmaceutical and food industries. They have become one of the fastest growing industries in China. The market size has developed by leaps and bounds, showing huge potential. The inherent development potential of With constant updates, the research and development trend of natural health functional products becomes more obvious.
The “2023-2029 China Plant Extracts Industry Development Model Analysis and Future Prospects Planning Report” (hereinafter referred to as the “Report”) carefully prepared by the Zhiyan Consulting expert team has been released. The “Report” aims to analyze the national economic and industrial development Starting from the strategy, analyze the future market trend of the plant extract industry, tap the development potential of the plant extract industry, predict the development prospects of the plant extract industry, and help the high-quality development of the plant extract industry.
This “Report” starts from the perspective of the development environment, overall operating situation, current operating status, import and export, and competition pattern of the national plant extract industry in 2022, and systematically and objectively conducts an in-depth analysis of the development and operation of my country’s plant extract industry and prospects. Development trends of China’s plant extract industry in 2023. The “Report” is a work that systematically analyzes the development status of China’s plant extract industry in 2022. It has important reference value for comprehensively understanding the development status of China’s plant extract industry and carrying out academic research and practice related to the development of the plant extract industry. It can be read and referenced by government departments, scientific research institutions, industrial enterprises and other relevant personnel engaged in the plant extract industry.
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