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The west of America botanical extracts information

The North American market (mainly based on the United States) is the most important export market for botanical extracts in China. At the same time, the United States is also the wind vane of global botanical extracts for medical care. The increase or decrease of market demand will directly affect the changes in other global markets. At present, China's exports of botanical extracts to the United States account for 20% to 30% of total exports. The main varieties are Ginkgo biloba, perennial leaves, soybeans, and ginseng.

botanical extract

Ingredients used in dietary supplements, food and beverages, health care, cosmetic pharmaceutical products, and personal care products are increasingly valued by consumers. North America (the United States, Canada, and Mexico, which has joined the "NAFTA"), and the three major pharmaceutical markets of the European Union and Japan together account for 85% of the global pharmaceutical market.

According to a 2011 report of the Nutrition Business Journal (NBJ), the market size of U.S. nutraceuticals in 2010 increased by 4.3% to USD 28.1 billion, and NBJ expects the industry to maintain 4% for the next 7 years. The compound growth rate of 2017, reached a market scale of 36.1 billion U.S. dollars;

The United States is one of the most important export markets for plant extracts in China. The U.S. market is not only the traditional market for the export of plant extracts in China, but also the largest market for plant extracts in China. In 2013, China's export volume to U.S. plant extracts was 313 million U.S. dollars, an increase of 23.32% year-on-year.



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