The 2023 Western American Plant Extracts Exhibition SupplySideWest was successfully held in Las Vegas from October 25th to 26th. This exhibition brought together more than 1,000 exhibitors and nearly 18,000 suppliers and professional visitors from around the world. It is a wonderful global food market. Extravaganza.
SupplySide West, the American Natural, Healthy and Innovative Ingredients Exhibition (West), was founded in 1997 and is hosted by Informa Exhibitions, the world's largest exhibition group. It has now developed into the largest international exhibition of natural extracts, functional food ingredients and food additives in the United States. Sex exhibition.
Compared with China, the health industry abroad is relatively mature. As an emerging industry, the plant extract industry took the lead in European and American countries. Today, relying on abundant plant resources and continuously optimized extraction technology, China has become a major producer and exporter of plant extracts in the world.
According to China Customs data, from January to June 2022, the export value of plant extracts continued to maintain steady growth, with an export value of US$380 million, a year-on-year increase of 19.3%, accounting for 41.6% of the export value of traditional Chinese medicine commodities year-on-year; the export quantity was 23,000 tons, a year-on-year increase of 13.0%; the average export price increased by 5.6% year-on-year.
Data source: National Bureau of Statistics
This time, Qingyunshan Pharmaceutical and Helv Health jointly appeared at SupplySide West, launching new market trend products such as pesticide-free ginseng, Pleurotus goldenrod and hypoglycemic mulberry leaf extract; they also launched TI-3S FastmeltPowder dosage form has been well received by overseas customers.