The registration volume of Chinese herbal medicine-related companies has fallen, and the market concentration will further increase

Chinese medicinal materials refer to the original medicinal materials used to prevent and treat diseases under the guidance of Chinese medicine theory.
The sources mainly include botanical medicine, animal medicine and mineral medicine
.
It is the material basis of TCM disease prevention and treatment, and it has always played a vital role in the efficacy of TCM
.
It is worth noting that in recent years, as the level of demand has increased and the industry has upgraded, the entire Chinese medicinal material industry has also begun to undergo some new changes
.
For example, under a series of policies that promote the favorable development of the Chinese medicine industry, while the Chinese medicinal material market continues to expand, the processing and production of Chinese medicinal materials are becoming more and more standardized
.
In addition, the quality of Chinese medicinal products is constantly improving
.
On the whole, the industry predicts that the development of Chinese herbal medicine product brands in China will continue to accelerate, and the industrial efficiency will be further improved
.
However, in the context of a good development, data show that the registration volume of Chinese medicinal materials-related companies is declining
.
Specifically, it can be seen from the development status of Chinese herbal medicine-related companies in the past ten years that the overall number of company registrations is increasing.
2018 is the peak period of registrations, with 129,000 registrations in the year; registrations in 2019 were 11.
2 Ten thousand, the number of registrations in 2020 was 120 thousand, a year-on-year increase of 7.
1%
.
But judging from the number of registrations this year, a total of 39,000 companies were registered in August 2021, a year-on-year decrease of 53.
8%
.
In this regard, the industry believes that the decline in the registration of Chinese medicinal materials-related companies is mainly due to the fact that the Chinese medicinal industry is constantly moving towards high-quality development
.
In recent years, with the rapid development of China's traditional Chinese medicine industry, the demand for standards is becoming more and more obvious and urgent
.
In order to further strengthen and standardize the standards of Chinese medicinal materials, the country and even localities have successively issued a series of notices on the management of Chinese medicinal materials standards to promote the high-quality and standardized development of China's traditional Chinese medicine industry
.
For example, in the reply of the Ministry of Agriculture and Rural Affairs to Recommendation No.
10060 on July 26, it was clearly pointed out that in the next step, the Ministry of Agriculture and Rural Affairs will continue to work with relevant departments and units to accelerate the revision of standards for Chinese medicinal materials and improve the standardization of Chinese medicinal materials planting.

.
Further strengthen the management of the pesticide market, purify the market environment, standardize the safe use of Chinese medicinal materials, strengthen the quality supervision and testing of Chinese medicinal materials, and improve the quality and safety of Chinese medicinal materials
.
In addition, some analyses have also pointed out that the scarcity of wild resources of some Chinese medicinal materials, the climatic environment of artificial planting, and the planting area are also affecting the development of Chinese medicinal materials-related companies and further increasing market concentration
.
In general, driven by a series of national support policies, the strategic position of Chinese medicinal materials has gradually become prominent, and the Chinese medicinal materials industry is also constantly developing and growing
.
But at the same time, the overall competition of the entire Chinese medicinal material companies is becoming increasingly fierce, and the decline in the registration of related companies is the epitome of this
.
The industry expects that the follow-up overall corporate development direction will be based on the development of leading companies, and through the merger and integration of other companies in the industry, it will continue to promote the accelerated development of the industry
.
For small and medium-sized enterprises, relying on regional characteristics, using local characteristics, providing differentiated products, and constantly improving their competitiveness will become crucial
.