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The Market For Plant Extracts Is Booming

Baoji Herbest Bio-Tech Co.,Ltd | Updated: Jul 13, 2020

With the development of national economy, the improvement of per capita life in China, the gradual enhancement of people's awareness of health care, China's food, health products industry rapid development. As an important intermediate carrier, the yield of plant extracts is increasing year by year. China's output of plant extracts was 208,000 tons in 2018, up 35,000 tons from 2017 and 17 percent year-on-year. With the rapid rise of plant extract market and the development of B2B business model by plant extract masters, the new ecology of plant extract industry can be realized.


National policies promote the rapid development of the industry

In 2017, the State Food and Drug Administration issued the Guidelines for The Registration and Approval Of Health Food Registration Using New Raw Materials and For the First Time Import, which further standardized and made breakthroughs in the innovative development of the health food industry. In 2018, the National Committee for the Protection and Evaluation of Traditional Chinese Medicine (CMEC) issued a public bidding announcement for the special research project on the list of health food raw materials, which has been expanded twice. In July 2018, the fourth batch of plant extract standards were officially released, involving more than 20 extract varieties including lycopene, rutin and glucosinolate. The industry standards for plant extract are more standardized.

plant extract supplier

B2B e-commerce has great potential for development. Master Zhiti seized the opportunity and went upstream

According to China e-commerce market data monitoring, China's B2B e-commerce transactions in the first half of 2018 reached 11.2 trillion yuan, up 14.2% year-on-year from 9.8 trillion yuan in the first half of 2017. The development of B2B e-commerce in China is entering a new era with more detailed industry segmentation, which provides a prerequisite for the rapid development of the plant industry. In the era of rapid development of B2B e-commerce, Plant extract Master utilizes big data, artificial intelligence, cloud computing and other new technologies to integrate Internet informatization with plant extract industry, integrate upstream and downstream resources, develop B2B e-commerce model, and provide more convenient and efficient plant extract trading services for upstream and downstream enterprises.


B2B e-commerce new mode of cultivation master to build a new industry ecology

Phytochemistry master for B2B third-party plant extracts information service and trading platform, USES the advanced Internet technology, phytochemistry industry enterprises, products, and space reconstruction, the relationship between integration of the four categories of phytochemistry series products (plants, animals, fungi, raw materials), to build industry information, commodities trading, logistics, integrated electric business platform of gold. At the same time, Master Plant constantly optimize and upgrade services, launch new supply chain services, commodity information, logistics, finance and other factors of production into the transaction of the supply chain to build a professional plant industry of the whole industry chain service platform.


欧宝体育With the popularization and application of e-commerce in various industries, many new business models have been derived. Adhering to the concept of "independent innovation", Zhite Master deeply cultivates B2B business model, so as to provide more, broader and more powerful business capabilities for the zhite industry and promote the new ecological reform of the zhite industry.