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Research Report on China's Corn Oil Industry
Beijing Orient Agribusiness Consultant Ltd, Aug 2011, Pages: 100
This report is one of the most important reference materials for domestic and foreign investment companies, edible oil manufacturing enterprises, traders, industry association and research institute.
Background
With the fast development of China's economy and the great growth of people's living standard, people's requirements for the quality of edible oil are increasing and the concept of consuming healthy edible oil is getting obvious. Corn oil is more beneficial to health, because it contains more unsaturated fatty acid. In the future, Chinese people will take more consideration to health. In addition, the national income is growing continuously, it is expected that corn oil consumption will be expanded further.
There is a big gap between edible supply and demand in China, and the sufficiency rate is less than 40%. China is the second largest corn production country around the world and owns rich corn resource that can be used to make corn oil which is a by-product of corn deep processing. In China, about 15% corn used for industrial consumption, while in US the proportion is up to 30%. In addition, the industrial consumption of corn in US is much larger than China, so there is some space for the development of corn processing industry. In the process of corn deep processing, most corns haven't undertaken expelling, so the production of corn oil in China has a large growing room in the future.
Chinese corn oil market has broad prospect, several domestic edible oil enterprises entered into the market and promoted their corn oil brands, such as “Fulinmen” of COFCO, “Arawana” of YiHaiKerry Group, “XiWang” of XiWang Group and “Jonquil”of Three-stars oil company. There are both opportunities and challenges in corn oil industry, so it is necessary for existing enterprises or investors who want to go into the market to learn the competition and the development trend. The special report will provide reference for investors and enterprises to learn corn oil market.
Based on the analysis of world corn oil development status, the report makes deep research on the policy environment, consumption prospect, production situation and competition of China's corn oil industry, and gives a macro view of the corn industry chain.
The report is the wisdom crystallization of BOABC's edible oil research team which keeps a good relationship with related government departments, key edible oil manufacturing enterprises and relevant industries. These resources provide great support for the report, and also ensure the accuracy, authority, scientificity and perspectiveness of the data. BOABC believe that the report is one of the most important reference materials for domestic and foreign investment companies, edible oil manufacturing enterprises, traders, industry association and research institute.
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