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    Home > Medical News > Medical World News > The development of the traditional Chinese medicine formula granule industry has entered a new stage, and the transformation and upgrading of pharmaceutical enterprises is urgent

    The development of the traditional Chinese medicine formula granule industry has entered a new stage, and the transformation and upgrading of pharmaceutical enterprises is urgent

    • Last Update: 2022-04-15
    • Source: Internet
    • Author: User
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    [Pharmaceutical Network Market Analysis] Traditional Chinese medicine formula granules are made from traditional Chinese medicine decoction pieces as raw materials, through extraction, separation, concentration, drying, granulation, packaging and other production processes.
    New formulations of medicines
    .

    It has the advantages of no decoction, convenient carrying and storage, safety and hygiene, etc.
    , and can meet the modern fast-paced life
    .

    As a modern TCM decoction tablet, TCM formula granules have the advantages of convenience and standardization, so they are also favored by the market
    .

    In recent years, with the enhancement of residents' awareness of health care, the continuous release of policy dividends, and the active deployment of a large number of enterprises, the market of traditional Chinese medicine granules has maintained a rapid growth trend
    .

    According to data from the Ministry of Industry and Information Technology, the market size of traditional Chinese medicine formula granules in 2020 is about 53.
    3 billion yuan
    .

    The industry believes that the traditional Chinese medicine formula granule industry will maintain rapid growth in the future, and by 2023, the industry scale is expected to exceed 50 billion yuan
    .

    Driven by market demand and policy dividends, the market size of traditional Chinese medicine formula granules will be further expanded
    .

    But at the same time, analysts believe that it has become urgent to promote the upgrading of the traditional Chinese medicine industry structure
    .

    Especially since November 1, 2021, the pilot work of traditional Chinese medicine formula granules for more than 20 years has ended, which means that all qualified traditional Chinese medicine enterprises can produce traditional Chinese medicine formula granules only by filing.
    The market reshuffle will continue to accelerate
    .

       In this context, in order to further develop formula granules in China, it is necessary to accelerate standardized development and accelerate transformation and upgrading
    .

    It is reported that many traditional Chinese medicine enterprises in the industry have embarked on the road of transformation and upgrading and high-quality development
    .

    For example, in the business of traditional Chinese medicine formula granules, China Resources Sanjiu has increased the number of products by strengthening the construction of medicinal material planting bases and research on medicinal material provenance, and relying on intelligent traditional Chinese medicine pharmacies for business promotion, and the overall capacity of the industry chain is promoted.
    growth
    .

       In recent years, Hongri Pharmaceutical has established a whole-process quality traceability system in the traditional Chinese medicine formula granule sector
    .

    In the process of planting Chinese medicinal materials, Hongri Pharmaceutical incorporates the growth process, picking time, transportation route, production date, production batch number, storage time, etc.
    of the medicinal materials into the traceability system, so that every link is well documented.
    The system guarantees the safety, effectiveness, stability and controllability of Chinese herbal medicines
    .

    In addition, the processing and production links of Hongri Pharmaceutical's traditional Chinese medicine granules have also achieved digitalization, standardized management and quality traceability of the whole process
    .

    Combined with the ever-improving TCM Internet and TCM intelligent systems, this sector also enables information query and quality traceability throughout the entire process of formula granules from planting to production to pharmacy prescriptions
    .

       Kangyuan Pharmaceutical also stated that by 2021, the company has carried out research on the production process and quality standards of nearly 400 varieties of traditional Chinese medicine formula granules, and has formed stable process and quality standards and completed production verification
    .

    At the same time, the company has coordinated and arranged production lines, business personnel, etc.
    , and is actively promoting the filing work in accordance with the regulatory policy of the Jiangsu Provincial Drug Administration on traditional Chinese medicine granules
    .

       However, it should be noted that although the development of the traditional Chinese medicine formula granules market continues to improve, as it enters a new stage of development, enterprises entering this field are also facing higher requirements
    .

    In this regard, the industry believes that in the future, the strong enterprises of traditional Chinese medicine formula granules will remain strong, and the situation of big fish eating small fish in the industry may become a general trend
    .

       Disclaimer: Under no circumstances does the information or opinions expressed in this article constitute investment advice to anyone
    .

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