1. An overview of the flavor and fragrance industry
Fragrance is a substance that can be smelled by the sense of smell or tasted by the sense of taste. It is volatile, and its molecular weight is generally not greater than 400. It is the raw material for making fragrances. According to the classification of sources, fragrances can be roughly divided into natural fragrances and synthetic fragrances. There are about 7,000 kinds of spices in the world, including more than 6,000 kinds of synthetic spices and about 500 kinds of natural spices.
Food flavor is a mixture composed of aromatic substances, solvents or carriers and certain food additives, in which aromatic substances refer to one or more than two flavors; solvents and carriers refer to a class of substances that carry and preserve aromatic substances. In addition, in addition to food flavors, flavors also include daily chemical flavors, tobacco flavors, and the like. According to the classification of flavors, they can be divided into liquid flavors, pulp (paste) flavors and solid flavors; according to their properties, they can be divided into water-soluble flavors, oil-soluble flavors, emulsified flavors, powder flavors, etc. In addition, flavors can also be classified according to standards such as flavor type. Food flavor is one of the essential additives in the food industry.
The raw materials of flavors and fragrances mainly include spice plants such as mint, lemon, rose, lavender, vetiver, and animals (spices) such as musk and ambergris. Obviously, the upstream of its industrial chain covers many fields such as agriculture, forestry, and animal husbandry, and involves resource-based links such as planting, breeding, agricultural technology, harvesting and processing. These upstream industries form resource diversity and resource stock, which determine the energy for the development of the entire flavor and fragrance industry.
Since flavors and fragrances are important excipients for food, skin care products, tobacco, beverages, feed and other industries, these industries constitute the downstream of the flavors and fragrances industry. In recent years, with the development of these downstream industries, the demand for flavors and fragrances has continued to increase, and higher requirements have also been placed on flavors and fragrances products.
2. The development status of China's flavor and fragrance industry
In recent years, my country's flavor and fragrance industry has developed rapidly, sales revenue has increased, and flavor production has grown steadily. Among developing countries, China is one of the few countries that can compete with developed countries in the production of flavors and fragrances. In 2016, the sales volume of my country's flavor and fragrance industry reached 62.41 billion yuan. In 2017, the sales volume of my country's flavor and fragrance industry was about 62.1 billion yuan.
In terms of output, in 2017, the output of my country's flavor and fragrance industry was 1.248 million tons, of which the output of flavors was about 752,900 tons and the output of spices was about 495,100 tons. At present, there are more than 1,000 fragrance and fragrance enterprises in my country. Bailin Group is one of the large-scale production and sales of fragrances. The main fragrance products, Vanillin & Ethyl vanillin, have a high sales volume at home and abroad, and have been well received by domestic and foreign customers. Our company (China Bailin Group) has developed rapidly with its well-known brand, strong technical force, modern production equipment, stable product quality and standardized business philosophy. The market has become the protagonist.
3. Future Prospects of China's Flavors and Fragrances Industry
China's flavors and fragrances market has huge development potential and market space.
(1) Industrial policy support
The flavor and fragrance industry is an important raw material supporting industry for food, daily chemicals, tobacco, medicine, feed and other industries, and is closely related to the improvement of residents' living standards, the development of the food and beverage industry, and the promotion of domestic demand and consumption. The "Administrative Measures for the Recognition of High-tech Enterprises" (Guo Ke Fa Wen  No. 172) listed "separation and extraction technology of active ingredients of natural products" as a high-tech field supported by the state, providing policy support for the finishing of natural flavors. At the same time, the National Development and Reform Commission's "Industrial Structure Adjustment Guidance Catalogue (2011 Edition)" includes "artificial cultivation and development of under-forest resources such as spices and wild flowers", "development and production of new technologies for natural food additives and natural spices" and "green pollution-free". Feed and additive development” is listed as a product catalogue encouraged by the state. The National Development and Reform Commission and the Ministry of Industry and Information Technology's "Twelfth Five-Year" Development Plan for Food Industry (December 2011) listed "new technologies for development and production of natural food additives, natural flavors and new food additives" as food industry enterprises during the "Twelfth Five-Year Plan" period Technological progress and technological transformation focus.
(2) Rich upstream resources
China is currently the largest producer of natural spices, with complete varieties of natural spices, abundant resources and wide geographical distribution. According to statistics, there are about 500 kinds of natural spices listed in the international market, and no more than 200 kinds are industrially produced. There are more than 400 kinds of spice plants in China, and more than 120 kinds of natural spices have been produced. With the deepening of the concept of "safety, naturalness and environmental protection", natural fragrances face greater development opportunities. If we can strengthen the deep processing of natural flavors and change the current situation of exporting raw materials and primary products, China's flavor and fragrance industry will reach a new level.
(3) The development of the national economy drives the continuous and rapid growth of the downstream industries of flavors and fragrances
With the development of the national economy, the per capita income of Chinese residents and the total retail sales of social consumer goods have continued to grow, and the level of urbanization has been increasing, providing a good opportunity for the development of the downstream industry of flavors and fragrances. to the growing market space.