China's global market share of plant extracts ranks first in the world
Jan 10, 2025
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In 2023, China's plant extract exports will reach 23.88 billion yuan, with a global market share of more than 20%, ranking first in the world. This shows that China occupies an important position in the international plant extract market, is the world's largest producer and supplier of plant extracts, and the market size is still growing. It is estimated that in 2025, the global plant extract market will reach 59.4 billion US dollars, and the market size of China's plant extract industry is expected to exceed 60 billion yuan, showing the strong growth momentum and huge potential of China's plant extract industry in the global market.
International cooperation and exchanges
In April 2025, China will hold a number of international natural extracts and pharmaceutical raw materials exhibitions, such as the Guangzhou Exhibition and the Beijing Exhibition. These exhibitions bring together global core brands, showcase cutting-edge research results and application trends in the industry, and provide an important platform for exchanges and cooperation between Chinese plant extract companies and the international market.
Chinese plant extract companies strengthen technical and product cooperation with international companies to jointly develop new products and technologies. For example, plant ingredients are widely used in cosmetics of international brands, and Chinese local brands also combine Chinese characteristic plant resources to develop new ingredients.
Brand and quality improvement
Chinese plant extract companies have stepped up their efforts in brand building to create well-known brands with international influence. For example, some companies have formed a clear product matrix through the layout of the entire industrial chain and established a good brand image in the international market.
The Chinese plant extract industry has strengthened quality control and improved product quality to meet the international market's demand for high-quality products. The China Chamber of Commerce for Import and Export of Medicines and Health Products and the China National Institute of Standardization jointly led the compilation of the "Good Manufacturing Practice for Plant Extracts" (GEP) to guide the high-quality development of the industry, which will help enhance the credibility and competitiveness of Chinese plant extract products in the international market.
JIUYUAN BIOTECH's achievements in 2024 and plans for 2025
JIUYUAN BIOTECH has always been committed to the production and research and development of high-quality plant extracts. In the past year, we have participated in industry exhibitions in countries including Switzerland, Thailand, and Japan, and have been recognized by many new customers. In 2025, we will continue to provide better products and services to customers from all over the world with an operating model based on product quality and featuring OEM/ODM services.
For OEM/ODM customization services, please refer to this page.
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