Growth of international market demand for ginseng extract

Ginseng, as the king of herbs, has always been one of the first choice ingredients for health products. In recent years, the international market demand has increased greatly, with an annual growth rate of 20%. In the face of the rapid growth of demand, there are not many manufacturers and suppliers of ginseng extract in China who are able to enter the international market for technical reasons. Currently, the specifications of popular products are 5% - 15% of ginsenosides.

According to the relevant person in charge of Jilin Hongjiu, the raw materials used to extract ginseng extract in China are divided into several grades according to the different customers: white mixed beard, mixed raw ginseng and whole fiber raw ginseng. The raw materials of several specifications have increased in different degrees after the Spring Festival. The enterprises that supply the main products with ginseng extract and have the market leading position will basically do a good job in the acquisition season Therefore, the market price of ginseng extract is relatively stable.

The main demand markets of ginseng extract in China are the United States, Europe, Southeast Asia and other countries. The European market has the most stringent requirements and the largest demand for ginseng extract products. In the past, the main import of common ginseng extract has now turned to the demand for low agricultural residue ginseng extract. The agricultural residue index requirements meet the EP standard. At present, there are not many domestic enterprises that can meet the agricultural residue standard. If you want to determine As a bigger international market, Chinese enterprises need to improve their technology.

It is predicted that the market of ginseng extract with certain development space will still be dominated by stable supply in the future.