Food-related sectors to see strong growth
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DUTCH chemicals group Royal DSM, which specializes in life and material sciences, sees strong growth potential for its food ingredient business in China as people increasingly demand safer and healthier products.
The company, which makes food enzymes and savory ingredients for the food and beverage industry, said while ingredients represent about 2 percent of the value of the final product, the added value in terms of taste, texture and other functions is huge.
“While China’s economic expansion is slower now, we still see very good growth in food-related sectors,” Hu Jian, Asia president for DSM Food Specialties, said yesterday at the Food Ingredients China trade fair.
He said the dairy sector poses great opportunities in China, where more than 80 percent of people are believed to be lactose intolerant or have digestion issues related to milk. DSM’s fermentation-produced lactase could solve the problem and it counts major Chinese dairy firms as its clients.
DSM sees a double-digit growth in hydrocolloids, which can cut the fat content in food products, said Gong Xiangwei, a director.
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