- LARGEST APPLICATION FIELD-PHARMACEUTICALS&DIETARY
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The Global Plant Extract Market
The field of pharmaceuticals and dietary supplements is expected to become the largest application field in the plant extract market. This can be attributed to consumers' increasing awareness of the benefits of herbs over homeopathic medicines. In addition, due to the increasing number of disease events caused by stress and busy lifestyles, consumers demand regular consumption of functional foods and supplements. Some of these supplements include botanicals and herbal extracts, which are composed of natural ingredients. It is scientifically proven that they have a positive role in promoting target functions beyond basic nutrition. The governments of many countries are vigorously promoting the use of herbal extracts instead of synthetic drugs, which has also promoted the growth of this field.MORE
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export volume in 2002
US$ 200 million
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2011
US$ 1.047 billion
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2013
US$ 1.412 billion
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2015
US$ 2 billion+
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2016
US$ 1.927 billion
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2017
US$ 2.01 billion
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2018
US$ 2.368 billion

Application of Plant Extracts
Plant Extracts Used in Food&Beverage
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Top Five Raw Materials Used in 2019
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Rosemary Extract
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Hops Extract
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Onion Extract
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Guarana Extract
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Fructus Monordicae Extract(Monk Fruit)
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In New Food and Ingredients
Emerging Trends
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What new foods are manufacturers pushing to obtain authorization? According to the UK's Advisory Committee on Novel Foods and Processes, emerging trends include : Healthy Food/Health claim/Novel protein/Circular economy and sustainable development.The leaves are used for herbal infusions or herbal ingredients. In short, as consumers become more interested in sustainable products, it is expected that there will be more such applications in the future.ENTER
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Natural Health Products
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Restrictions on regulations
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The industrial processing is unevenly distributed
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The supporting system is imperfect
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PAIN POINT 1 - Different countries have different requirements for plant extracts, and product applications vary. The difference in uses directly affects the applicability of raw material types, and only categories that meet the requirements can enter the market, and there are many restrictions.MORE -
PAIN POINT 2 -Because of technical constraints, China mainly focuses on crude extracts, while in-depth development is limited by technology and regulations. Development is not ideal and lacks international competitiveness.MORE -
PAIN POINT 3 -Plant extracts are China's emerging industries, and most of them do not have corresponding production standards and regulations. The supervision lacks effective implementation, product quality is uneven, the industrial regulation still has a long way to go.MORE