China Gymnema Silvestre P.E. Market Steady
date:2010-09-10
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Gymenma silvestre has been used in the treatment for diabetes for over 2000 years in China and India.With small demand,gymenma silvestre extract market keeps stable in China.
Like other plant extracts,gymnema silvestre extract is mainly for overseas market.The market is more focused on 25% version.Industry insider said,"the test methods haven't been uniform,most firms adopt gravimetric method while some firms use UV and HPLC."As such,25% version prices range between 130RMB/kg and 260RMB/kg.Owing to very small demand and higher production cost for 25% gymnema silvestre extract,some companies prefer to supply 5% version with prices of 80RMB/kg.
Gymnema silvestre primarily grows in Guangdong,Guangxi and Fujian provinces of China.The plant was also impaired by unfavorable climates this year.But the price increase of gymnema silvestre will not present significant stress on suppliers on account of very small demand for its extract.Given decreased profit space,some firms stopped supplying these products.
According to herbridge.com,gymnema silvestre extract market has seen no significant change in recent years.The poor harvest will not bring challenges to manufacturers of gymnema silvestre extract this year.
Like other plant extracts,gymnema silvestre extract is mainly for overseas market.The market is more focused on 25% version.Industry insider said,"the test methods haven't been uniform,most firms adopt gravimetric method while some firms use UV and HPLC."As such,25% version prices range between 130RMB/kg and 260RMB/kg.Owing to very small demand and higher production cost for 25% gymnema silvestre extract,some companies prefer to supply 5% version with prices of 80RMB/kg.
Gymnema silvestre primarily grows in Guangdong,Guangxi and Fujian provinces of China.The plant was also impaired by unfavorable climates this year.But the price increase of gymnema silvestre will not present significant stress on suppliers on account of very small demand for its extract.Given decreased profit space,some firms stopped supplying these products.
According to herbridge.com,gymnema silvestre extract market has seen no significant change in recent years.The poor harvest will not bring challenges to manufacturers of gymnema silvestre extract this year.
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