Mulberry leaf extract continued to appear in the top 25 export of Plant Extract in recent three years. The export volume of mulberry leaf extract in 2018-2019 is the same, and the export volume in 2019 is about 20% lower than that in 2018. In 2019, the market price of mulberry leaves will rise by 30%, and the market price of mulberry leaf extract will rise by about 15%. At present, the countries with the largest demand for mulberry leaf extract are concentrated in Asia, such as Japan, South Korea and China; Western Europe, such as Germany, France and the United States. The countries with obvious market demand growth in 2018 are Japan and the United States. The market of Japan and Korea is mainly used in the field of cosmetics; Western Europe and the United States market is mainly used in the field of health products and drugs. With more and more high-quality people and younger age, there will be more and more demand for mulberry leaf extract in domestic and international markets in the future. The export volume of Ginseng Extract market has increased three times, and it is also one of the varieties with strong growth in all plant extracts.
The market demand of ginseng extract increased, and the market price of extract was not changed much. Only in 2014, due to market speculation and other reasons, the market price of ginseng had a short period of high price fluctuation in the new production period. After several large purchasing enterprises in the industry jointly suppressed, the ginseng market returned to rationality. In the future, the market price of ginseng extract will continue to run stably, excluding artificial speculation.
Astaxanthin is a kind of super Antioxidant, occupying almost 90% of the antioxidant market, especially in Europe. Up to now, there are 23 patents on astaxanthin in the world. Because of such a strong market demand, international giant suppliers have expanded their production, and the main suppliers of astaxanthin in China are also actively expanding their production. With the maturity of production technology and the increase of market competitiveness, the astaxanthin market is developing in a reverse direction: increasing market demand and decreasing market price. The market price of astaxanthin decreased by 10% in 2014 due to the market competitiveness and process maturity. The future market trend can be expected.
