Epimedium Extract has been seeing stable supply and demand in China. SFDA issued standardization requirements on this product, which affects some suppliers. "The sales is somewhat affected, but the prices won't change significantly. The future market will become more orderly." said a manager from Layn Natural Ingredients Inc.
"SFDA requires GMP certification for manufacturers. Some terminal manufacturers are also adjusting their prescription." said a person from Hanzhong TRG Biotech Co., Ltd." For the above reasons, the sales decline sharply. Some manufacturers have to make more efforts to gain GMP certification; others have to withdraw from this industry. From this point, that will speed resource optimization and combination in the herbal industry."
The market will stay steady.
Copyright:Herbridge Media
- White Paper on Bone and Joint Health of Chinese Consumers 2020
- Yili Dairy launched high-protein yogurt, focusing on sport people
- Sinopharm Xingsha launched the Japan's Champion probiotics
- China has introduced its first policy to support the industrial hemp industry
- Beyond Meat became the first overseas Artificial Meat company to set up a factory in China
- Nongfu Spring's market value exceeded HK $370 billion on its first day
- German infant nutrition brand Amykon launched two probiotics in China
- The revenue of Besunyoung in the first half year is about 610 million yuan
- Jellly candy and powder included in the health food filing dosage form in China
- H&H Group net profit increased by 9% for the first half of year
