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Home > News > Food Industry News > Development direction of ginseng extract industry: high-end and diversified

Development direction of ginseng extract industry: high-end and diversified

ECHEMI 2020-08-14

Ginseng extract is a substance extracted and refined from the roots, stems and leaves of the Araliaceae plant ginseng. Ginseng extract contains a variety of ginseng monomer saponins. Ginsenosides are the active ingredients in ginseng and are the main research target in ginseng extracts. The upstream of ginseng extract is ginseng planting industry, and the downstream is medicine, health products, cosmetics, food additives and other industries. With the increasing health awareness and consumption ability of Chinese and global residents, the output of ginseng extract in my country has continued to grow.

In the field of disease treatment, ginseng extract can inhibit the growth, spread and metastasis of cancer cells, and has obvious anti-cancer effects. It can also be used in the treatment of cardiovascular diseases such as coronary heart disease, angina pectoris, excessive/low heart rate, and blood pressure imbalance. In the field of health care products, ginseng extract can delay nerve cell aging, improve memory in the elderly, relieve menopausal syndrome, and can also be used to relieve postoperative physical weakness, enhance immunity, improve human function, and anti-aging.

According to the "In-depth market research and investment strategy recommendation report on ginseng extract industry for 2020-2024" released by Xinsijie Industry Research Center, with the advancement of health concepts, the demand for ginseng extract in the global market continues to grow, relying on resources and costs Advantages, China has become a global ginseng extract producer. From 2011 to 2019, the compound annual growth rate of my country's ginseng extract output was 10.9%; in 2019, my country's ginseng extract output reached about 8 million tons. In addition to supplying domestic market demand, ginseng extract produced in my country is also exported to overseas markets.

The production process of ginseng extract mainly includes water extraction method, organic solvent extraction method, percolation method, distillation method, ultrasonic impregnation method, etc. With the continuous advancement of technology, new extraction technologies such as supercritical fluid extraction have also been applied to the field of ginseng extract production, which has improved the production efficiency of the industry. Under this circumstance, the number of ginseng extract production companies in my country is increasing, and the number of related companies at this stage has exceeded 1,000.

There are a large number of ginseng extract manufacturers in China, but most of them are small in scale and backward in technology. They mainly produce low value-added products. The product variety is single, the profitability is weak, and there is a lack of large-scale, high-tech, and high-value-added products. The leading companies in the industry are generally diversified and have insufficient scale development. In addition, my country's ginseng extract industry standards are not yet complete, and the quality of products in the market varies from good to bad. The phenomenon of shoddy products is more common, which is not conducive to the long-term healthy development of the industry.

Industry analysts in New Thinking said that my country's ginseng extract industry has developed rapidly and has a large number of manufacturers, making it one of the world's important ginseng extract producers. However, the overall strength of my country's ginseng extract industry is weak and its competitiveness is insufficient. It mainly supplies products with lower added value and low prices, and the overall profitability of the industry is weak. In the future development, my country's ginseng extract industry needs to increase investment in R&D and innovation, improve the level of technology and technology, improve the technical content of products, and develop in a high-end and diversified direction.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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