The future prospect of corn deep processing industry

Introduction: judging from the situation in the United States, the future of corn deep processing industry has potential No matter in geographical scope or scale, the deep processing industry will continue to grow, the technology will be more mature and perfect, and the variety of products will also increase The cost of the product will actually fall, and the industry itself will be further consolidated However, the basic characteristics of deep processing industry will remain the same in the next decade Sweeteners, starch and alcohol will still account for about 95% of the total milling capacity, slightly lower than the current share, and will still be the basis of commodity business Of course, there may be epoch-making products that change traditional businesses, such as HFCS in the 1970s and 1980s, and alcohol in the 1980s and 1990s At present, there are quite a number of new products and technologies in the field of biotechnology, which may evolve into obvious new business departments And the impact of government policies on these developments will play an important role, which will be discussed in detail below, but it's basically a digital game This is the advantage and weakness of corn deep processing industry With a large number of products, the demand for capital continues to grow and plays an important role in the food and industrial sectors The growth of total grinding capacity in the next decade will be a key determinant of the profitability of the deep processing industry The rapidly expanding demand of each market sector will create a new turning point, and in most cases, there is always reason for optimism In the 1990s, the total grinding capacity increased at an average rate of 3.5%, far lower than the crazy rate of 7.8% when HFCS and alcohol entered the market in the 1980s The most optimistic estimate is that the growth rate will rise to an average of 4.0% in the next decade, and the grinding capacity will grow from 1.4 billion bushels in 2000 to 2 billion bushels in 2010 So where does growth come from? It can be seen that starch increases by 1% annually, sweeteners by 2.5% (if the Mexican sugar market changes, plus 100 million bushels of growth), alcohol by 5%, and starch / glucose enters other products by an increase (from 450 million bushels now to 120 million bushels a decade later) The total growth rate of the above products is equivalent to 2.5% of the annual growth rate of the existing products plus 1 million tons of starch / glucose entering other new products, which promotes the total milling capacity of the "other" categories from 3% now to 6% At present, lysine, sorbitol and citric acid account for the majority of these kinds, but many other new products are under development YXn (author:) to feed Weibo to: