The 14th Natural Product Innovation and Development Forum (NIC2019) and Natural Ingredient Industry Development Forum was successfully held in Shanghai. Yu Zhibin, Director of the Chinese Medicine Department of the China Chamber of Commerce for Import and Export of Medicines and Health Products, and the Secretary of the Plant Extract Branch, analyzed the export trends of plant extracts and the analysis of the current status of the plant extract industry, summarized the development trend of the industry, and made in-depth thinking on the development of the industry. .
2018 China's plant extract exports
In 2018, China's export of plant extracts reached 2.36 billion US dollars, up 17.8% year-on-year. It achieved a rare double-digit growth, exceeding the export value in 2015. Among them, the top three export markets, exports to the United States 530 million US dollars, an increase of 16.7%, exports to Japan 250 million US dollars, an increase of 4.4%, exports to Hong Kong 160 million US dollars, an increase of 51%, ranking 4-10 The export markets are Indonesia (6.4%), South Korea (4.91%), Germany (4.71%), Spain (3.97%), India (3.97%), Malaysia (3.65%), and France (3.32%).
Export top ten extract varieties
Among the specific export varieties, 2018 plant extracts exported the top ten varieties of Stevia extract for the fifth consecutive year, benefiting from the continued growth of stevioside in food and beverage; followed by eucalyptus oil, menthol, licorice extract , marigold extract, cranberry extract, hesperidin, ginkgo juice and extract, rutin and milk thistle extract. Among them, the export volume of licorice extract, cranberry extract, hesperidin and rutin increased compared with 2017.
Licorice extract generally contains glycyrrhizin, glycyrrhizic acid, glycyrrhizin, licorice flavonoids, scutellaria, stalk, quercetin, etc., and has excellent performance in the field of beauty sunscreen and sugar substitute. Group standards for licorice-related plant extracts such as licorice extract, glycyrrhizic acid, glycyrrhizic acid amine, dipotassium glycyrrhizinate, licorice extract powder, licorice extract, and licorice sweetener will be established, and it is believed that it will achieve stronger development.
Bilberry extract has a significant effect on eye problems, presumably by improving the ability of oxygen and blood to be delivered to the eye. The source of many eye diseases, including cataract formation and macular degeneration, is ultimately attributed to the damage of free radicals to the eyes, and acts as a powerful antioxidant to protect the eyes from free radical damage. As eye health issues become more and more of a concern, cranberry extracts are also being used more in functional foods.
Hesperidin has the functions of maintaining osmotic pressure, enhancing capillary toughness, shortening bleeding time, lowering cholesterol, etc. It is commonly used in the adjuvant treatment of cardiovascular diseases in clinic, and is one of the main raw materials of the medicine "Pulse". It can be used as a natural antioxidant in the food industry and also in the cosmetics industry.
Rutin is a flavonoid compound and a strong oxidant for scavenging free radicals. It can terminate the chain reaction of free radicals, inhibit the peroxidation of polyunsaturated fatty acids on biofilms, remove lipid peroxidation products, protect biofilms and sub- The integrity of the cell structure plays an important role in the body, and can be used as an edible antioxidant and a nutrient enhancer, and can also be used as a sunscreen whitening cosmetic.
Analysis of popular varieties of plant extracts
In 2018, Stevia extract continued to rank first in the export of extracts, with an annual export volume of US$260 million, a year-on-year increase of 10.94%. From the point of view of exporting countries, China’s exports to the United States in 2018 amounted to US$105 million, an increase of 8% year-on-year, and exports accounted for 40% of total exports of Stevia. Malaysia followed closely with US$66 million in exports. 15.42%; South Korea, Mexico, and Japan are also the main export markets of Stevia. In 2018, the exports to the three countries have declined to varying degrees. The declines in South Korea and Japan are more obvious, down 11.8% and 17% respectively, and the export volume is 16.5 million. US dollars and 8.4 million US dollars; Mexico's exports fell by 3%, and exports amounted to 9 million US dollars.
In 2018, the export performance of the company was also eye-catching, and the volume and price increased. The rise in the price of eucalyptus oil, in addition to the strong demand in the international market, is also the result of multiple factors such as increased labor costs, inflationary pressures and the international economic environment. The annual export value of eucalyptus oil was US$259 million, a year-on-year increase of 70.6%; the export volume was 11,000 tons, an increase of 8.62% year-on-year.
The ASEAN market accounts for half of the world's exports, with an export value of US$127 million, an increase of 87.31% year-on-year; both the North American market and the European market have a large increase, with a year-on-year increase of 76.66% and 53.6%, and exports amounting to US$29 million and US$62 million. The export volume in the Middle East fell the most, with exports amounting to US$266 million, down 87.87% year-on-year.
From a single country perspective, Indonesia's export performance is far ahead, with exports reaching US$110 million, up 94.47% year-on-year. Exports accounted for 42.41% of global exports and 87% of ASEAN's total exports.
In recent years, the heat of the cannabis industry has been heating up worldwide. With the passage of the US Farm Bill in 2018, it was announced that the cannabis CBD component is legal in 50 states. At the same time, Canada has also announced the legalization of cannabis across the country. These events have once again triggered a wave of investment in world cannabis CBD.
Many international giants have also said that they have tested the water. For example, global gum giant William Wrigley Jr announced the investment in the medical cannabis industry; and Marlboro and Altria Group announced that they have purchased a 45% stake in the famous Canadian cannabis listed company Cronos Group for $1.8 billion. And it is possible to increase to 55% in the next 5 years. With the rise of marijuana winds around the world, investment in the cannabis industry has become a hot topic in the field of domestic extracts last year. China's Heilongjiang, Jilin, and Yunnan markets have begun the cultivation and processing of medical marijuana. Some listed companies have also experienced ups and downs due to the marijuana theme, but the current Chinese market outlook is still unclear.