Herbs & Botanicals-Raw Material Supply Update
go.ncsu.edu/readext?466689
en Español / em Português
El inglés es el idioma de control de esta página. En la medida en que haya algún conflicto entre la traducción al inglés y la traducción, el inglés prevalece.
Al hacer clic en el enlace de traducción se activa un servicio de traducción gratuito para convertir la página al español. Al igual que con cualquier traducción por Internet, la conversión no es sensible al contexto y puede que no traduzca el texto en su significado original. NC State Extension no garantiza la exactitud del texto traducido. Por favor, tenga en cuenta que algunas aplicaciones y/o servicios pueden no funcionar como se espera cuando se traducen.
Português
Inglês é o idioma de controle desta página. Na medida que haja algum conflito entre o texto original em Inglês e a tradução, o Inglês prevalece.
Ao clicar no link de tradução, um serviço gratuito de tradução será ativado para converter a página para o Português. Como em qualquer tradução pela internet, a conversão não é sensivel ao contexto e pode não ocorrer a tradução para o significado orginal. O serviço de Extensão da Carolina do Norte (NC State Extension) não garante a exatidão do texto traduzido. Por favor, observe que algumas funções ou serviços podem não funcionar como esperado após a tradução.
English
English is the controlling language of this page. To the extent there is any conflict between the English text and the translation, English controls.
Clicking on the translation link activates a free translation service to convert the page to Spanish. As with any Internet translation, the conversion is not context-sensitive and may not translate the text to its original meaning. NC State Extension does not guarantee the accuracy of the translated text. Please note that some applications and/or services may not function as expected when translated.
Collapse ▲
11/21/2022 – This article was written twelve years ago, but the situation has not changed much! Consumer sales of medicinal herb products continue to increase every year and US manufacturers still seek domestically grown herbs. For example, from the American Botanical Council “Consumers in the United States spent an estimated $9.602 billion on herbal dietary supplements in 2019, an 8.6% increase in total US sales from the previous year.” Look for other posts and pages about the current situation on our website.
11/16/2010 – Many farmers in North Carolina are interested in growing herbs and botanicals for the natural products industry. A few want to produce their own value-added products, but most who contact me want to grow raw material and sell it on the wholesale market. I just finished reading the October 2010 issue of the Nutrition Business Journal which is dedicated to raw materials and ingredients supply. Thought I would share a few highlights from that issue for those interested in growing bulk raw materials for this industry:
- Prices were relatively stable for raw material and ingredient supply companies in 2009 and early 2010.
- Manufacturers are asking for more information and quality assurance on the raw material they purchase in order to be in compliance with the new Good Manufacturing Practices (GMP) implemented by the FDA.
- These regulatory pressures are actually helping to stablize the market. Manufacturers and raw material suppliers are having to work more closely together to meet regulations. This is stablizing relationships; making switching suppliers (to follow the low price) less attractive.
- Manufacturers are not increasing prices on their products because the market is so competitive. Yet their costs are going up. That means they still want to get the best prices they can on raw materials.
- Raw material supply companies are fighting back by increasing the value of their products. They are selling branded ingredients, providing better testing and quality controls, and creating their own value-added products.
- The new GMP regulations are costing raw material suppliers more in lab costs.
- Raw material suppliers are optimistic about the future.
A few quotes directly from the article:
- “Ingredient supply sales of herbs and botanicals rose 5% in 2009 to reach $450 million in sales.”
- “Supply shortages hit several crops, including saw palmetto, turmeric, and milk thistle.”