Analysis of international marketing on traditional Chinese medicine

VernacularTitle:中药类产品国际市场分析
Author: Zongyou LI ; Mengxiong XIAO ; Yuanyuan TONG ; Yingkai ZHAO ; Jun XU ; Junwen WANG ; Yang LIU ; Kunjie YANG ; Xiaohai MOU ; Haixia DANG
Publication Type:Journal Article
Keywords: Traditional Chinese medicine; Herbal medicine; Traditional medicine; Chinese materia medica exports; Global marketing
From: International Journal of Traditional Chinese Medicine 2016;38(5):385-389
CountryChina
Language:Chinese
Abstract: Recently, herbal medicine including traditional Chinese medicine (TCM) has gained huge attention in the world. In 2015, the global trades of herbal medicine reached 93.15 billion US dollars. And, the latest statistics from the Ministry of Industry and Information Technology of People's Republic of China showed that total sales of Chinese patent medicine and raw herbs reached 120 billion US dollars in 2014. Therefore, the aim of this study was to analyze the situation of international marketing on herbal medicine and how much TCM shared in it. The PubMed database, search engines and government websites and research reports were searched for analyses. The results showed that total trades of TCM products in both domestic and foreign markets, were about 135 billion US dollars, including Chinese patent medicine, raw herbs, herbal extracts, herbal health care products, whose proportion of the global marketing was 80%.