China's Plant Extract Industry's International Competitiveness Enhances, NEX 2018 Opens New Journey
In recent years, stable growth of demand for plant extracts in
developed countries and regions in Europe and America has greatly
stimulated the development of the plant extract industry in China.
Global sales of plant extracts reached US$10.14 billion in 2006,
reaching US$33.32 billion in 2016, with an average annual growth rate of
12.63%. After rapid development in recent years, China’s position in
the world has also been increasing. The market share of plant extracts
has reached 7.16%. It is estimated that since 2017, the compound annual
growth rate of the plant extract market in China will be 9.0%, and by
2022 it will reach 6.03 billion US dollars.
On June 20-22, 2018, 2018, the Shanghai New International Expo Center
again struck. At that time, many high-quality extractive companies at
home and abroad will be brought together to help enterprises develop
pharmaceuticals, food, beverages, functional foods, dietary supplements
and other fields. Planting companies in transition offer a variety of
solutions. After 9 years of cultivation, NEX Exhibition has achieved
remarkable improvement in the number of exhibitors, exhibition area,
number and quality of visitors, and has become the premier annual event
of the implant industry.