my country’s food industry is huge, which is good for the development of food-grade potassium chloride industry
Food-grade potassium chloride, also known as potassium chloride, is one of the main components of low-sodium salt, accounting for about 20%-35%. Food-grade potassium chloride is mainly used in condiments and low-sodium salt products to reduce the risk of cardiovascular disease and hypertension. As Chinese residents become more concerned about their health, the demand for food-grade potassium chloride continues to rise. In addition to being used in the field of seasonings, food-grade potassium chloride can also be used in agricultural products, chemicals, fermented products and other fields, and its market development potential is huge.
In the global market, food-grade potassium chloride is mainly used in food processing, and the consumption scale is relatively stable. Potassium chloride consumption in our country is relatively high, reaching 15.5 million tons in 2020 and 7.3 million tons in the first half of 2021. Due to my country’s insufficient potassium resources, supply is relatively tight. In 2020, potassium chloride production was 7 million tons, which is far from meeting market demand. Domestic demand still relies on imports. In 2020, my country’s potassium chloride import volume was 8.5 million tons. Food-grade potassium chloride is one of the subdivided products of potassium chloride, and its industrial form is roughly the same as that of potassium chloride.
In terms of food-grade potassium chloride consumption, affected by domestic food processing and consumption, East China, Central South, and North China have higher demand for food-grade potassium chloride. In 2020, the food-grade potassium chloride market size in East China accounted for 35%, followed by Central and South China, accounting for 28%.
According to the “China Food Grade Potassium Chloride Industry Market Supply and Demand Status and Development Trend Forecast Report 2022-2026” released by the Industrial Research Center It shows that food-grade potassium chloride is mainly used in the field of seasonings. Benefiting from the development of the domestic catering industry, domestic food-grade potassium chloride application demand continues to grow. In 2016, the domestic food-grade potassium chloride market demand was 200,000 tons. It will grow to 270,000 tons in 2020.
At present, food-grade potassium chloride in my country is still mainly used as an ingredient or additive in low-sodium salt, carrageenan, jelly products, condiments, canned foods, convenience food seasonings and other products in the food industry. my country has a huge population base and a large demand in the food industry. The demand for food-grade potassium chloride is obviously rigid. In the future, the food-grade potassium chloride industry is expected to continue its positive growth trend. Low-sodium salt is more beneficial to human health and has been promoted in developed countries. However, it is less popular in the domestic market and has great potential for future development. With the development of low-sodium salt, it is beneficial to the development of the food-grade potassium chloride industry.
Industry analysts said that food-grade potassium chloride is mainly used in the field of seasonings and food processing, benefiting from my country’s catering and With the development of the food processing industry, the market demand for food-grade potassium chloride is growing steadily, and the industry has good development prospects. Food-grade potassium chloride production capacity is mainly concentrated in the western region, and Qinghai Province is one of the main production areas.