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Competitive pattern of plant extracts

Time : 2022-12-17 Hits : 7


At present, in many countries around the world, botanicals have become more popular drugs for consumers, but there are large differences in the consumption of botanicals in different countries and regions. Globally, natural medicines are concentrated in three major regions: Asia, Europe and the United States. It is estimated that the market demand for natural medicines will grow at a rate of 13% per year. Multi-channel information shows that the increase in demand for natural medicines in Western countries is an important factor driving the rapid rise of the natural medicine market.

In the context of the growing global herbal market, in 2016, the global plant extract market continued to rise, and it has formed a situation in which the top four are US, German, Japanese and French.

Germany's plant extract market is growing faster than the United States, and plant extract sales account for 22.68% of the global total; while the United States still maintains a large advantage, accounting for 22.21% of the scale; followed by Japan, its plant extract The global market share of the market is 19.75%, which is about to break through 20%; France accounts for 13.21%. After rapid development in recent years, China's position in the world has become increasingly important, and the market share of plant extracts has reached 7.16%.

Common Sense:

Monk fruit extract is derived from the pulp of the fruit and is used to sweeten foods and beverages without the calories of sugar.  In addition, the extract appears to lower both blood sugar and blood lipids in experimental models of animal diabetes.The active sweet substances appear to be the mogrosides which are about 2- 300 times the as sweet as table sugar.  The mogrosides also function as antioxidants, potentially limiting the oxidative damage caused by high levels of blood glucose.

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