China Business Intelligence Network News: Recently, the rise in the price of Chinese herbal medicines has once again attracted attention. Since last year, the price of Chinese herbal medicines has shown a general upward trend, and the prices of some Chinese herbal medicines have doubled. It is reported that in the past ten years, the number of registrations of its related enterprises has shown an overall growth trend, but the growth rate has fluctuated relatively flatly.
1. The number of registrations of TCM-related enterprises has increased
According to the data of enterprise inspection, there are 2,036,900 traditional Chinese medicine-related enterprises in China. In the past ten years, the number of registrations of related enterprises has shown an overall growth trend, and the growth rate difference is small. In 2023, the number of registrations and growth rate will usher in a double peak in the past five years, exceeding 400,000 for the first time, a year-on-year increase of 47.24% to 436,000.
Data source: Qichacha, compiled by China Business Industry Research Institute
2. The number of registrations in the first quarter of this year increased by 17.84% year-on-year
Up to now, the number of registrations this year has reached 118,700, of which 101,700 were registered in the first quarter, exceeding 100,000 for the first time, a year-on-year increase of 17.84%.
Data source: Qichacha, compiled by China Business Industry Research Institute
3. From a regional point of view: Shandong has the most existing traditional Chinese medicine-related enterprises
According to the data of enterprise inspection, from a regional point of view, there are 176,500 traditional Chinese medicine-related enterprises in Shandong, ranking first. Guangdong followed closely behind, with 172,200 extant, ranking second. There are 134,200 in Henan, ranking third. After that, it was Sichuan, Anhui and other places.
4. From the perspective of cities: Chongqing has the largest number of traditional Chinese medicine-related enterprises
According to the data of Qichacha, from the perspective of cities, there are 54,000 traditional Chinese medicine-related enterprises in Chongqing, ranking first. Guangzhou and Shenzhen have 47,900 and 39,600 respectively, ranking among the top three. Since then, it has been Chengdu, Bozhou, Beijing and other places.
For more information, please refer to the "Research Report on China's Traditional Chinese Medicine Market Prospect and Investment Opportunities" released by the China Commercial Industry Research Institute, and the China Commercial Industry Research Institute also provides consulting services such as industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, business plans, feasibility study reports, park industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meetings, etc.