Red yeast rice extract is a traditional product in China, which also has advantage in foreign market. Red yeast rice has a history of more than a thousand years in China. Red yeast rice extract is widely used in food, TCM, cosmetics, seasonings and others. Many manufactures are supplying the extract in China, but limited by strict quality control, only a few manufacturers can offer high-end products for the west market.
“The extract is divided into red kojic rice and functional red yeast rice. As for red kojic rice, about 70 percent is for domestic market, and 30 percent for export. The advantage of red kojic rice over other pigments is its higher quality and lower prices.” said an manager from Wuhan Jiacheng Biotechnology Co., Ltd. “The market remains stable. Red kojic rice will be directly and indirectly used in supplements, which will enlarge the market in the future.”
“We focus on superior functional red yeast rice primarily for supplements in the west. The market demand grows in recent years. The common functional red yeast rice’s prices tend to decline in a price war, but the superior functional red yeast rice’ prices remain stable.” said an manager from Zhengjiang Sanhe Bio-tech Co.,Ltd.
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