Search
Close this search box.

Market analysis of China’s grain and oil processing industry in 2020

Content
bucket elevator parts

The grain and oil industry is an important processing industry in our country, and grain and oil processing mainly include grain storage and vegetable oil processing procedures. Grain storage mainly includes the storage of edible oil materials such as soybeans, peanuts, and sesame.

Grease and oil processing industry

Data show that in 2018, the total output of China’s eight major oilseeds, including rapeseed, soybean, peanut, cottonseed, sunflower seed, sesame, camellia seed, and linseed, was 63.488 million tons, an increase of 3.279 million tons from the 60.209 million tons in 2017, an increase of 5.4. %. Edible vegetable oil occupies a major position in our country’s consumption structure, while edible animal oil accounts for a relatively low proportion. In 2019, our country’s consumption of edible vegetable oil was 35.76 million tons, an increase of 1.36 million tons compared to 2018, an increase of 4.0%, showing a steady growth trend.

oil processing

In the context of consumption upgrades, competition in the edible oil market is no longer at the supply level, but is gradually moving closer to meeting the diverse and high-end demands of consumers. With the improvement of people’s living standards, the acceleration of urbanization, and the enhancement of national health awareness, consumers’ demand for edible oil has shifted from the pursuit of benefits to the pursuit of high quality.

At present, our country is implementing a strategy to increase the self-sufficiency rate of oils. Edible oils are diversified on the supply side. Varieties such as rice bran oil, corn oil, sunflower oil, tea seed oil, olive oil, algae oil, and microbial oils continue to emerge. At the same time, with the application of edible vegetable oils in other fields, the technical level and R&D level of professional oil processing has been increasing. In addition, as the country’s requirements for environmental protection, safety, occupational health, and energy conservation in the oil industry continue to increase, a considerable number of old oil processing enterprises need to be systematically upgraded. New oil products, new technologies, and new trends in the oil industry have urged edible oil processing companies to improve the quality of oil products and diversify the types of oil products to continuously meet the needs of consumers. This process promotes the upgrading and transformation of factories and equipment and then provides upstream Of professional engineering service industry suppliers bring broad business opportunities.

Rice processing industry

Our country is the most populous country in the world, as well as the largest country in rice production and consumption. In recent years, with the changes and adjustments of our country’s traditional agricultural structure, animal husbandry has developed rapidly, dairy and aquaculture have made considerable progress, and consumers’ demand for traditional staple foods such as rice has entered a stable stage. Since 2013, our country’s rice consumption has remained relatively stable. From 2017 to 2019, the consumption has remained at 143 million tons for three consecutive years.

grain storge

As residents pay more attention to food safety and consumption upgrade trends further develop in the future, consumers’ demand for high-quality rice and brand-name rice will continue to increase, which will promote the increase in the production and supply of high-quality rice by processing companies. However, processing companies will have more urgent needs for the equipment and technology involved in the production of high-quality rice, as well as the upgrading and transformation of factory structures. This puts forward higher requirements for upstream suppliers of high-tech professional engineering services in the production line transformation, workshop technology upgrade, etc. This creates more business opportunities.

Flour processing industry

Flour mainly refers to products processed from wheat. The integration of the domestic flour processing industry has accelerated, and large flour companies have continued to expand their production capacity, and a large-scale production system has been formed in China. Data show that the top three domestic flour processing companies, Wudeli, Yihai Kerry and COFCO, account for about 30% of the country’s flour output. These three companies will continue to expand their production capacity in the future. With the acceleration of the flour industry’s scale and grouping trend, wheat flour milling enterprises are expected to continue to decrease, the competition of flour processing enterprises is becoming increasingly fierce, and the industry concentration is expected to further increase.

Corn processing industry

Corn is our country’s largest food crop, and it plays an important role in deepening the structural reform of the agricultural supply side. Since 2016, our country’s corn consumption has remained stable. In 2019, China’s corn consumption reached 279 million tons, an increase of nearly 5 million tons over 2018, showing a steady growth trend.

corn storage

Feed processing industry

After nearly 30 years of development, our country’s feed industry has already ranked among the top in the world in terms of output value, scale, and the scale of related feed machinery and supporting industries. In recent years, the development direction of our country’s feed industry has shifted from focusing on quantity to improving quality. The “Thirteenth Five-Year Development Plan for the National Feed Industry” issued by the Ministry of Agriculture and Rural Affairs will develop safe, efficient, and environmentally friendly feed products, accelerate the development of new feed additives, research and promote safe and environmentally friendly feed products, and build a precise formulation technology system as one of the most important tasks. . In the future, with the increase in the scale and concentration of the feed industry, feed processing companies will continue to increase their demand for plant reconstruction and expansion and production line efficiency improvement, which will also provide a broad business growth space for upstream professional engineering service providers.

Grain warehousing logistics industry

Our country’s grain storage and logistics engineering industry has developed from the original state-planned construction stage to the market-oriented construction stage. After more than 20 years of development, our country’s grain storage and logistics infrastructure have become more and more perfect. Various new technologies, new warehouse types, and new equipment have been vigorously promoted. Some areas have initially formed modern grain storage and logistics system with efficient operations. Ways and advanced management concepts. our country’s grain logistics system will develop in the direction of modernization of storage and transportation technology, information testing network, seamless circulation process, etc. This will bring a lot of business opportunities to upstream professional engineering service providers of grain and oil.

Yutung Coveyor manufactures the bulk handling elevator and conveyor components for grain storage, feed storage, wheat storage, corn storage, rice storage, and oil storage.

  1. Drag conveyor components: conveyor chain, chain sprocket, drag conveyor flight, nylon gear wheel
  2. Screw conveyor components: continuous screw flight, sectional screw flight
  3. Belt conveyor components: conveyor belt, conveyor idler(conveyor roller), and impact bar (bed)
  4. Engineer plastic: UHMWPE, PU, nylon, HDPE, PTFE rod, tube, and sheet.
  5. Sieve cleaner, pan cleaner, and rubber ball
  6. Bucket elevator components: plastic bucket, steel bucket, elevator bolt, PVC elevator belt, rubber elevator belt, belt clamp fastener, lagging material for head pully

For more information please check our website https://www.ytconveyor.comEmail inquiry: sales@ytconveyor.com

grain handling parts

Leave a Reply

Your email address will not be published. Required fields are marked *

three × 2 =

Need Help To Maximize Your Business?

Reach out to us today and get a free E-catalogue and our engineer's suggestion.

Ask For A Quick Quote

We will contact you within 1 working day, please pay attention to the email with the suffix “@yutungindustrial.com” or “@ytconveyor.com”