First, the definition of inositol industry and the analysis of application areas
Inositol, also known as cyclohexahydrate, is a water-soluble vitamin that belongs to the vitamin B family. Inositol is an essential substance for the growth of humans, animals and microorganisms, and is widely used in feed, medicine, food and other industries.
Inositol is usually widely distributed in animal and microbial cells in the form of phosphatidyl inositol, while in natural plants, it is usually present in the form of inositol hexaphosphate. At present, inositol is mainly produced from rice bran cake meal. Rice bran has a high content of phytate, among which the content of calcium and magnesium phytate in defatted rice bran after the production of rice bran oil is 10%-11%, which is much higher than that of other oil crops, so the rice bran cake meal after defatting is the most suitable raw material for extracting calcium phytate and producing inositol.
Source: Collation of publicly available information
Second, the analysis of the import and export status of inositol industry
China is the world's largest rice producer, because the main raw material for inositol production is rice bran, so for many years, it has been the world's largest producer and exporter of inositol, and the export volume accounts for a large part of the world. According to data from the China Starch Industry Association, in 2018, China's inositol imports amounted to 15 tons, with an import amount of 545,000 US dollars; inositol exported 5899 tons, with an export amount of 33.645 million US dollars.
Source: China Starch Industry Association, compiled by Huajing Industry Research Institute
From the perspective of import and export unit prices, in 2018, the unit price of inositol in China was 36307 US dollars / ton, and the export unit price was 5704 US dollars / ton.
Third, inositol market outlook analysis
At present, the production of inositol is mainly based on rice bran as raw material to prepare, China is a big rice producer, therefore, China has sufficient raw materials for the production of inositol, which is not only conducive to improving the added value of rice bran, reducing the waste of resources of grain and oil processing by-products, and the production of inositol is used in medicine, food processing, feed, cosmetics and other fields, which has important significance for people's health and life.
China, as an important producer and exporter of inositol, should continue to improve the output and efficiency while strengthening its investment in technology, especially in the global advocacy of conservation and environmental protection, sustainable development today, microbial enzymatic digestion of inositol because of its catalyst environmental protection and easy to obtain, mild reaction conditions and small energy consumption of the huge advantages, coupled with the continuous breakthrough of biotechnology to inositol microbial enzymatic digestion into production of strong support, will have broad prospects.