QYResearch: The global consumption value of saponin increases with the 3.67% average growth rate
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Saponins are a class of chemical compounds found in particular abundance in various plant species.
More specifically, they are amphipathic glycosides grouped phenomenologically by the soap-like
foaming they produce when shaken in aqueous
solutions, and structurally by having one or more hydrophilic glycoside moieties combined with a lipophilic triterpene derivative.
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Saponin industry has low technology barrier and is mainly concentrated in China. Currently, there are many producing companies in the world saponin industry. The main players are Laozhiqing Group, Yongxin Youxiang, Tianmao, Hubei Jusheng Technology and Weihe Pharma. The global production of saponin increases to 14695.5 MT in 2016 from 13331.3 MT in 2011 with average growth rate of 1.97%. Global saponin capacity utilization rate remained at around 54.26% in 2016. According to QYResearch, In consumption market, the global consumption value of saponin increases with the 3.67% average growth rate. And USA and China are the main consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 91.59% of the global consumption volume in total.
Saponin has many types, which include theasaponins, diosgenin, notoginsenoside, ginsenoside, soyasaponin and others. And each type has application industries relatively. Due to production process, diosgenin production is limited by China Government. With pharmaceutical value of saponin, the downstream application industries will need more saponin products. So, saponin has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good performance saponin through improving technology.
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The major raw materials for saponin are tea seed cake, dioscorea zingiberensis, pseudo-ginseng, ginseng plants, soybean meal and other auxiliary chemicals. Difference in the price of the upstream product will impact on the production cost of saponin. The production cost of saponin is also an important factor which could impact the price of saponin. QYResearch tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
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