Analysis of the market status and competitive landscape of the plant extract industry in 2020

Plant extract market size

Plant extracts are based on plants as raw materials. According to the needs of the final product extracted, through the process of physical and chemical extraction and separation, one or more active ingredients in the plant are obtained and concentrated, without changing its effective structure. And the formed product. At present, plant extracts are widely used in food, medicine, health care products, and cosmetics.

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Market size continues to grow

The plant extract industry originated from the traditional Chinese herbal medicine industry. It started in the 1970s. Some pharmaceutical factories began to use machinery to prepare plant extracts, but it was only used as a link in the production of drugs. It was not until the 1990s that the plant extraction industry really entered the initial stage, and gradually began to use more efficient extraction methods such as enzymatic extraction, ultrasonic extraction, supercritical extraction, and membrane separation technology.

With the rapid growth of global demand for plant extracts, the market size of the plant extract industry has also shown a growth trend.

Product classification for the plant extract industry

There are many kinds of plant extracts, and more than 300 kinds have been extracted into industrialization. According to the main components in the extract, it can be divided into alkaloids, glycosides, flavonoids, organic acids, polysaccharides, and volatile oils.

We can provide standardized products and customized products of most of the above extracts. At the same time, we can also provide customers with organic standard and conventional extracts.