Research and Development Trend Forecast of Corn Deep Processing Market in China, 2014-2018, mainly analyzes corn deep processing industry, status quo, supply and demand, import and export, competition pattern of market segmentations, and the business performance of main enterprises in China as well as puts forward suggestions serving as reference basis for enterprises that want to know or invest in this field.
With many years of development in China, the corn deep processing products have had the longest processing chain and the most varieties in food crops processing. At present, there are 2000 downstream products in corn deep processing, of which 100 are often used in life. They can be met in all aspects of life; most of them are used in the fields of food, medical, daily supplies, industrial production, breeding feed etc, and indispensable to life.
In 2013, the total design capacity of large and medium corn deep processing enterprises exceeded 65 million ton, in which, both Shandong and Jilin exceeded 10 million ton, total capacity of these two provinces accounted for about 40% of nation’s total; the provinces and metropolises exceeding 5 million ton include Heilongjiang (7.17 million ton), Hebei (6.69 million ton) and Inner Mongolia (5.94 million ton). There are 150 large and medium corn deep processing enterprises in China, in which, the capacity of 16 enterprises exceeds 1 million ton respectively, and 44 enterprises exceed 500 thousand ton respectively.
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In 2013, the output of corn deep processing product reduced significantly, the operating rate was low in general, and the overall profit was poor. In 2014, it does not turn good, in the first half year of 2014, the net profit of starch decreases 34.48% over the same period of last year; Global Bio-chem Technology Group’s sales revenue decreases 27.88% over the same period of last year and incurs loss of CNY 1.342 billion; and Henan Lianhua Gourmet Powder Co., Ltd decreases 17.35% and losses CNY 61.976 million.
It is expected that the development of corn deep processing industry will turn out well in the second half year of 2014. Huidian Research predicts the main business revenue of related enterprises will maintain grow and profit level will be improved.
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