Illicium verum
The star anise oil market in China is experiencing robust growth, driven by increasing demand in pharmaceuticals and traditional medicine. The global market size is projected to reach USD 214.10 million by 2030, registering a CAGR of 3.4 percent. China’s focus on meeting stricter quality requirements, especially for regulated export markets, is enhancing its global competitiveness. Technological advancements in species verification and chemical profiling have improved product quality, restoring market confidence.
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