At the 2016 industry annual conference of the Colorant Professional Committee under China Food Additives & Ingredients Association (CFAIA) held in Changshu City of Jiangsu Province last month, the Secretary-General of Colorant Professional Committee made a work report.
China’s colorant industry as a whole has developed steadily in a micro-growth trend throughout the past year, as the report pointed out.
As estimated, the entire production and sales volume of food colorants will reach 736,000 tons by the end of 2016, up 0.016% compared to that of 2015; while total sales value will exceed 5.83 billion yuan, down by 3.48%. Export volume may go beyond 10,247 tons with overall export value breaking $232 million. This year is to witness the whole industry attain the ‘micro-growth’ goal in production and sale.
Among all items, natural colorants like purple sweet potato pigment, radish red, cabbage red and some other varieties have gone up in production and sale.
For synthetic colorants and its complex and compound products, and caramel colour manifest healthy and stable development dynamics. Capsanthin sector demonstrates clear capacity removal effect along with rebound price.
The marigold-lutein sector suffers price decline to a certain degree on account of increased planting area in 2016.
In the meantime, monascus red, gardenia yellow, turmeric pigment and other similar varieties pose overcapacity problems followed by fall of production, sales volume and price, which should raise industry concern.
In addition, the report made an analysis from thirteen aspects on the major issues and contradictions encountered in the industry and sector development, coupled with new challenges and opportunities moving forward.
(By our own staff)