It is suggested that demand for HFCS from
domestic carbonated beverage industry is crucial for domestic HFCS producers.
For example, according to Starch & Starch Sugar, a professional magazine
published by China Starch Industry Association, about 42% of the total output
of HFCS in China
was used to produce carbonated beverage in 2011. Data from CCM’s newly-released monthly report, Sweeteners
China News 1302, showed that China 's output of HFCS in 2011 was
1.89 million tonnes, which means about 0.79 million tonnes of HFCS were
consumed by domestic carbonated beverage industry.
However, it is believed that domestic
carbonated beverage industry was affected by the growth rate decrease of soft
beverage output in 2012. According to the National Bureau of Statistics, it is
estimated that China 's
output of soft beverage was 130.24 million tonnes in 2012, just increasing by
10.7% over 2011, about 7 percentage points lower than the growth rate of 2011.
As a member of soft beverage industry, it is believed that carbonated beverage
also witnessed growth rate decrease of output in 2012.
It is predicted that more and more Chinese
will choose healthier lifestyle. As a result, domestic total output of
carbonated beverage may continue to increase in the next several years, but the
increase rate may be small. Thus carbonated beverage industry may not be able
to bring as many opportunities as it did in the past years for domestic HFCS
industry in the future.
In fact, most domestic HFCS producers
excessively emphasized the beverage industry, especially carbonated beverage
industry in China .
Meanwhile, domestic HFCS producers are facing one serious problem, namely
overcapacity. According to CCM's investigation, domestic capacity of HFCS was
about 4.0 million t/a in 2012, while its national output was just about 2.2
million tonnes in 2012, which means the average operating rate of domestic HFCS
producers was only 55% in 2012.
Actually, HFCS can be added into many other
downstream products, which means that development space of HFCS in China is still
large. In order to explore new downstream market and release their large
capacity, it is believed that domestic HFCS producers should pay more attention
to the research of the downstream application of HFCS, such as canned food and
baked food, and not just pay much attention to carbonated beverage industry or
beverage industry.
Table
content of Sweeteners China News 1302:
National Food Safety Standards of Sorbitol
came into force on 25 Jan. 2013
Guilin Layn substantially modifies its net
profit expectations
Baolingbao acquires financial subsidy of
USD1.98 million
Ganzhou Julong obtains two organic product
certificates
Auction of 0.3 million tonnes of national
reserves sucrose started in Jan. 2013
2013: Competition of sucralose market in China
will be more intense
Certain sweeteners to enjoy opportunities
for policy support
Stevia sweetener producers may focus more
on product research
Domestic HFCS industry: focus should be
shifted from carbonated beverage
QHT: perform well in H1 but not in H2 2012
Baolingbao may pay more attention to its
publicity in 2013
Anhui Jinhe starts to supply acesulfame-K
to Coca-Cola
Domestic supply of corn sufficed in past
two months
Export overview of some sweeteners and raw
materials in China ,
Dec. 2012
Export of cyclamate bounces in 2012 after a
drop in 2011
Overview of domestic sucrose market in 2012
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Sweeteners China
News, issued by CCM on 5th every month, offers
timely update and close follow-up of market and company dynamics based on China ’s
sweeteners industry. It also releases the latest information on raw material
supply, price update, import & export analysis as well as consumption trend
& competitiveness.
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17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
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