China Herbal Extracts Market: Industry Segmentation (By Extracts, By Form of Extract, By Application), Market Driver, Growth, Statistics, Share, Key Players, Opportunities 2030

Market Overview

China herbal extracts market has immense growth prospects in the country since ancient times. The use of herbs and herbal extracts in China has been dominant across multiple applications. Moreover the presence of variety of herbs in the country coupled with the knowledge regarding their appropriate application has led to growth of the market all over the world. Pharmaceutical, cosmetics and food & beverages companies in China have been inclined towards the application of herbal extracts. Hundreds of processes have been discovered in China to get the extracts.

Further, traditional Chinese medicine (TCM) has been in use over centuries to treat large number of diseases. For example the metabolic syndrome, a global epidemic, can be treated by the Chinese herb named gynostemma pentaphyllum which shows anti-atherosclerotic and anti-diabetic properties.

China Herbal Extracts Market Segmentation

By Extracts

• Chamomile Extract
• Garlic Extract
• Ginkgo Extract
• Ginseng Extract
• Thyme Extract
• Others (Licorice extracts, Stevia Extracts, etc.)

By Form of extract

• Capsule
• Tablet
• Powder
• Soft Gel
• Liquid

By Application

• Cosmetics
  • Hair care
  • Skin care
  • Fragrances
• Food
  • Food Supplement
  • Sport Drinks
  • Health Drinks
• Pharmaceuticals
  • Anti-inflammatory
  • Detoxification
  • Treatment of several illness

Market Share by Application & Geography

Based on geography, China acquires nearly 33.7% market share in 2017 of the Asia Pacific herbal extracts market due to high consumption and production of herbal extracts and herbal products across the country. Further, the players in China herbal extracts market has adopted the advanced technologies in the extraction method and have combined their traditional knowledge with the advanced healthcare knowledge, which has led to robust growth rates of the China herbal extracts market.

On the basis of application, pharmaceuticals accounted for highest market share i.e. 61.3% in 2017 of the total China herbal extracts market. Pharmaceutical herbal extracts market also witnesses’ highest growth rate, due to presence of herbal medicines knowledge in the country and also it being cheaper than allopathic products with few or none side effects. Furthermore, the food segment in the application of herbal extracts is also growing following the pharmaceuticals owing to the health awareness among the consumers thus impacting continuous increasing use of herbal food and drinks in the country. 

Trends, Drivers & Challenges to Market Growth

According to our China market study on the basis of extensive primary and secondary research, there is a new trend of widespread adoption of China herbal products in the aquaculture. As the use of chemical medicines in aquaculture have raised health concerns in the human by consumption of fishes. These Chinese herbal medicines are termed as ‘green medicine’, which improves growth in aquaculture, improvement in disease resistance and enhancement in quality of fish meat.

According to the report, major driving factor for the growth of herbal extracts market is the convenient availability of the herbs and the advancement in the extraction processes. The affordable equipment for extraction process, easy availability of the herbs and cost efficiency as compared to the chemical based products are the major advantages driving the extraction of the active ingredients from herbs.

Further, the major challenge for the extraction is the standardization and quality control. The extraction is either single herb based or multiple herbs based. In multiple herbs extraction it is difficult to have the quality and quantity control. Standardization includes batch to batch consistency, correct amount of extract per unit. Standardization is difficult with the herbal extraction compared to the chemical compositions.

Covered in This China Herbal Extracts Market Report

The report covers the present ground scenario and the future growth prospects of the herbal extracts market for 2017-2030 along with the import and export data of herbs and herbal products. We calculated the market size and revenue share on the basis of revenue generated from major players and sales of herbal extracts and products from major players across the globe. 

Herbal extracts market outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the herbal extracts market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. China herbal extracts market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Key Players

China herbal extracts market report comprises of the following companies as the key players in the herbal extracts market:  Xi'an Jinrui International Trading Co., Ltd., A-Way Biotechnology Co., Ltd., Xian BZ Biotech Co., Ltd., Shaanxi Zishan Natural Technology Co.,Ltd., Wuhan Yitongtai Science and Technology Co., Ltd., Hangzhou Joymore Technology Co., Ltd., Doehler GmbH, Synthite Industries Ltd., Kalsec Inc., Naturex SA, Superior Supplement Manufacturing Inc., Maat Nutritionals, Matsun Nutrition, Kingherbs ltd., Savesta, Green Earth Products pvt. Ltd., Plant Extracts International Inc., Organic Herb Inc., BerryPharma AG, FT Technologies, Chenguang Biotech Group, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this China Herbal Extracts Market Report

• What is the total market size by 2030 and what would be the expected growth rate?
• What is the revenue of herbal extracts market in 2016-17 and what would be the expected demand over the forecasted period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who all are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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