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NEX 2018 to Start a New Journey as the International Competitiveness of the Chinese Plant Extract In

NEX 2018 to Start a New Journey as the International Competitiveness of the Chinese Plant Extract In

by CPhI-China

March 6, 2018

The stable growth of demands of the developed countries and regions in the Europe and America, etc. for plant extracts in recent years has greatly stimulated the development of the Chinese plant extract industry. The global sales of plant extracts reached USD 10.14 billion in 2006, and USD 33.32 billion in 2016, with the annual market growth of about 12.63%. China’s position in the world has been rising after rapid development in recent years, with its plant extract market accounting for 7.16% of the world. The compound annual growth rate of the Chinese plant extract market is expected to be 9.0% from 2017, and the market is expected to reach USD 6.03 billion by 2022.

Under such background of flourishing, the NEX 2018 hosted by UBM EMEA and China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) and co-sponsored by Shanghai UBM Sinoexpo International Exhibition Co., Ltd. (UBM Sinoexpo) will take place again in Shanghai New International Expo Centre on June 20-22, 2018, where numerous quality Chinese and overseas extract enterprises will gather, to help enterprises develop markets of the pharmaceutical, food, beverage, functional food and dietary supplement fields, etc., and furnish plant extract enterprises which are in the process of transformation with different solutions. After 9 years of cultivation, NEX has obtained significant improvements in terms of exhibitor quantity, exhibition area, and visitor quantity and quality, and become an annual event of the plant extract industry that is second to none.

Overseas visitors gathered on NEX 2017 site

Plant extract industrial clusters from multiple places will gather, with the industrial progress witnessed by NEX

With the raising of health consciousness of consumers and gradual update of the consumption concept, the functional food industry gradually shifts from the chemical synthesis field to the natural extract field. Besides the applications in the herbal medicine preparation field, plant extracts are receiving attention from more and more food and health product enterprises thanks to their excellent performance in terms of food coloring, seasoning, and preservation, etc. NEX, a leading exhibition in the Chinese plant extract industry, has comprehensively gathered top enterprises of the industry, with the exhibitors expected to reach over 550 in 2018: in addition to the nearly 100 enterprises from Shaanxi, one of the birthplaces of plant extracts, including Acetar, Shaanxi Jiahe, Shaanxi Huike, and Xi'an Yuensun, etc., there will also be leading plant extract enterprises from Hunan led by Organic Herb, Hunan NutraMax, Hunan Huacheng, and Changsha Huir, etc., to jointly explore the new development trends of the industry.

Moreover, NEX has witnessed the progress and development of the industry over the years, and the 2018 exhibition will present more diverse innovative products and technologies, for example, the microencapsulation technology of innoBio microencapsulates the functional oils as powder, to improve the stability, water solubility, and bioavailability thereof, and promote the improvement of the bioavailability of natural functional raw materials; Hongjiu leads the entire industry and reaches the international advanced level in terms of pesticide residue treatment and heavy metal treatment process, etc., and has made brilliant achievements in purification and separation of ginseng monomer saponins.

Quality extract exhibitions gathered

2018 exhibition scale will be upgraded, with splendid and brilliant conferences and activities

The NEX 2017 site was extremely popular, and attracted 55,020-person-time visitors from 120 countries and regions together with the co-located CPhI China, and exhibitors completed to expand their stands owing to the good exhibition effects. NEX 2018 will add exhibition halls to meet the participation demand of more enterprises, with the total exhibition area to be expanded to 17,500...

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