Epoxy curing agent News Demand in the downstream of the industrial chain continues to grow, and my country’s erythritol development potential is huge

Demand in the downstream of the industrial chain continues to grow, and my country’s erythritol development potential is huge

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The downstream demand in the industrial chain continues to grow, and my country's erythritol development potential is huge

Erythritol is a newly developed pure natural four-carbon sugar alcohol in the form of white crystalline powder. It can be detected in mushrooms, grapes, lichens, pears, melons, eye lenses, plasma and other substances. It is a natural plant, Sugar alcohol sweeteners are widely found in animals. Erythritol has the advantages of good taste, high sweetness, anti-caries, good tolerance, and difficult to absorb. It only accounts for one-tenth of the calories of sucrose. Therefore, it is widely used as a sugar substitute in beverages, candies, and cakes. , baking, medicine, health products and other fields.
Erythritol is mainly produced through biological extraction, microbial fermentation, and chemical synthesis. The microbial fermentation method using glucose as raw material to prepare erythritol through sterilization, fermentation, purification, concentration, crystallization, centrifugation and other steps is currently a method for industrial large-scale production.
The upstream of the erythritol industry chain includes raw materials such as corn starch, Acromyces cerevisiae, and Candida lipolytica; the midstream includes the production of erythritol; and the downstream includes application scenarios such as beverages, cakes, biscuits, candies, medicines, and condiments. .
According to the “China Erythritol Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center It shows that from the upstream of the industrial chain, the production of erythritol is an extension of corn starch processing. In recent years, my country’s corn starch production has increased year by year, providing sufficient raw materials for the production of erythritol. From the perspective of the middle reaches of the industrial chain, in the past five years, my country’s erythritol production has grown by more than 30% for three consecutive years and has developed rapidly. In 2022, my country’s erythritol production will be 144,000 tons, a year-on-year increase of 34.8% from 106,800 tons in 2020.
From the downstream analysis of the industrial chain, as early as the 1990s, erythritol was used as a sugar substitute product in candies, beverages, and desserts. The production and application of erythritol in my country was relatively late. In recent years, as the number of diabetic patients in my country continues to increase and residents’ health awareness continues to increase, sugar substitute products represented by erythritol have been widely used in sugar-free foods, medicines, and health care products. Among them, the popularity of erythritol sugar-free drinks, led by Yuanqi Forest, has also greatly promoted the application of erythritol in sugar-free foods. From the perspective of downstream product demand structure, beverages are the largest application area of ​​erythritol, followed by personal care products, baked goods and pharmaceuticals.
From the perspective of enterprises, Sanyuan Bio, Yufeng Group, Baolingbao, Zhucheng Dongxiao, Fengyuan Pharmaceutical, and Huakang are the leading companies in my country’s erythritol industry, among which Sanyuan Bio accounts for 35% of my country’s market share Above, followed by Yufeng Group, accounting for about 17%. Industrial analysts said that in the past decade or so, due to limitations in processing technology and demand, my country’s erythritol The development is relatively slow, and the number of domestic enterprises that have achieved industrialized production is relatively small. As enterprises represented by Sanyuan Biotech Group continue to expand production, the application fields of erythritol in my country continue to expand, and the industry has huge development potential.
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