Plant extracts industry will still be a highly energetic industry

Plant Extracts industry will still be a highly energetic industry qyresearch.com

QYResearch focus on Market Survey and Research

QYResearch

Analyst

Meng Xiaoping

Publisher

QYR Consumer Goods Research Center

QYResearch focus on Market Survey and Research

QYResearch With the fast development of medicine and food industry in recent years, global Plant Extracts demand is expected to reach about 250 million MT by 2017, with estimated market revenue of 11 billion USD in the same year. The global consumption average growth rate was about 11% in past 5 years.

For the production of Plant Extracts, the global production distribution is mainly focused in the areas of India and China, which is expected to take up about 74% of the market share in 2017. For the consumption of Plant Extracts, North America and Europe are still the leaders for the advanced medicine and food industry, which take up about 46% of the market share. North America is mainly used for food additives.

Plant Extracts is widely used in Europe for medicine industry. For the emerging market, China is expected to have high consumption in the next few years.

QYResearch focus on Market Survey and Research

QYResearch For the demand of high concentration and high quality Plant Extracts, the price and is expected to increase but in a small scale.

Briefly speaking, in the next few years, Plant Extracts industry will still be a highly energetic industry. Although sales of Plant Extracts brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Plant Extracts field hastily.

QYResearch focus on Market Survey and Research

QYResearch

Thanks for reading, If you are interested in the report, please feel free to contact the QYResearch Center analyst Mr. Zhang Dong +1-6262952442 +861082945717; sales@qyresearch.com Media Contact: press@qyresearch.com Analyst : mengxiaoping@qyresearch.com

QYResearch focus on Market Survey and Research