Pain Points in The Plant Extract Industry

The strong demand of the market has driven the rapid development of the industry, but there are still many problems to be solved in the industry. The first is the restriction of laws and regulations. Different countries have different requirements for plant extracts, and product applications are different. For example, North America mainly uses dietary supplements; Europe mainly uses health products and botanical drugs; my country uses traditional Chinese medicine and food additives. Mainly. The quality standards of plant extracts are vague, and the difference in use directly affects the applicability of the types of raw materials. Only the categories that meet the requirements can enter the market, which is more restrictive. The second is the uneven distribution of industrial processing. Because of the limitation of technical conditions, our country mainly focuses on crude extracts, while the in-depth development is limited by technology and regulations. The development is not ideal and lacks international competitiveness. The third is the imperfect supporting system. Plant extracts are an emerging industry in my country. The vast majority of them do not have corresponding production standards and regulations, supervision is not effectively implemented, and product quality is uneven. There is still a lot of industry standardization. A long way to go. Take curcumin as an example: Curcumin is a hot functional food material, especially in the North American market. Curcumin has covered many fields such as dietary supplements, beverages, and cosmetics. It is mainly used in food coloring agents in China. Although food has also been on the market, it takes a long time for registration and approval, and the cost of enterprise development is relatively high. Recently, in the draft opinion for supplementing the list of health food supplements, it is proposed to list turmeric powder as a health food supplement. Although the maximum usage is still set, it will greatly promote the application of turmeric powder.