|Natural drugs take up about 30% of the International Medicine Market. The application of plant extracts in the medicine is attached much importance to in many countries. The market of plant extracts increases by 10% annually in the developed countries or regions such as America and EU. What’s more, the market of plant extracts has also developed quickly in the vast areas of the developing countries and regions.
There are rich resources of plants in China, where herbal medicine has already been applied as a great tradition from of old. Manufacturers of plant extracts with different specialties have been developed in many provinces according to their local conditions of geology, etc. But they have not formed the great market competitive power and still remained the state of chaos due to the factors such as the weak technical force.
With more recognition of plant extracts, that extracting new officinal ingredients from natural plants has become a hotspot of drug discovery. It is estimated that the prospect of the plant extract market will be very bright.