Update of Medicinal & Aromatic Plants Industry Research

 

 

Update of Medicinal and Aromatic Plants industry research

 

Our team is working continuously to keep up with the Medicinal and Aromatic Plants industry. With the help of research reports, communicating with companies, data from our survey, we are gathering more and more information.

According to data that we have at the moment, when buying raw materials, pharmaceutical companies approach multiple suppliers. This number can vary from 2 to even 20; it shows how extensive a supplier network can be for some businesses. Quality plays the most important role when selecting the supplier. Moreover, the majority of our data shows that pharmaceutical companies are interested in establishing new business relations with suppliers.

Aloe vera, Chamomile, Elderberry, Red clover, Common mullein, Euphorbia are just a few examples of plants that companies are purchasing the most. On the other hand, plants like Hemp agrimony, Verbascum thapsus, Ginkgo biloba, etc. are more difficult for companies to obtain.

Are you a supplier that produces and trades these medicinal plants, or a company that buys these materials? If yes, then join us at MAP-Expo 2018 and do not miss the possibility to meet your future business partners at our match-making program.

If you are a pharmaceutical company and would like to contribute to our research, then please click the link down below:

https://karinamarkute.typeform.com/to/U1DVJa

Image source: Pixabay


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