On November 28, the III Conference “Starch and Starch Products” was held, organized by the Association of Russian Manufacturers of Starch Products.
This year the event was attended by leading industry experts and representatives of Russian and international companies. The event was attended by specialists from Switzerland, Belgium, China and Russia.
During the conference, a dialogue was established between producers and consumers of starch, forecasts were made for the development of the industry, issues of possible mechanisms for the output of products on foreign markets, trends in food and processing industries in the world as a whole and in Russia in particular were considered.
Conference speakers were representatives of major industry companies in Europe and Russia. Velamur Krishnakumar, Executive Director of the international company GIRACT, spoke about trends in the global starch industry and its derivatives: “We expect global demand for food starch to grow by 3,2% CAGR by 2022. Currently, the share of food modifications in the global production of starch is 19%. Modified starches have great technical functionality and account for 22% of global starch production. ”
Juliette Jacques, Deputy Executive Director of Starch Europe, made a presentation on new trends in the European market. According to Starch Europe, of the 5,3 million tons of vegetable proteins and fibers produced by the European Starch Industry in 2017, 1,1 million tons are classified as products with a very high protein content (protein content above 60%). With growing preferences for vegetarianism, especially in Europe, some proteins are increasingly being used in foods as an alternative to animal proteins. They are a useful alternative for consumers on a vegetarian or vegan diet who need to find a diverse source of protein.
Andrey Vusyk, Deputy General Director of Myande Group Co, spoke about the Chinese market for starch and its derivatives. In 2018, corn starch production reached 28,15 million tons, an increase of 8,5% compared to 2017. And the production of molasses in China in 2018 amounted to 13,54 million tons, an increase of 15.04% compared to previous years.
Pavel Paramonov, market research manager at Cargill LLC, Marina Sidak, analytical director of the Sykden Group of Companies (Russia), Alla Danilovtseva, general director of the Rosspirtprom JSC, executive director of the National Union of Meat Processors, commented on the state of the Russian starch industry and related industries. Ekaterina Luchkina.
Oleg Radin, President of the Roskrakhmalpatok Association, is confident of the need for such events, which are both educational and discussion platforms: “The event took place in the form of one strategic session. We specifically chose this format, combining reports on global trends and the positioning of the domestic industry in this paradigm. And in my opinion, we succeeded, did not even meet the planned 2,5 hours. The discussion turned out to be lively, deep and dynamic. In the future we plan to stick to this format. ”
This year the event was attended by 38 participants, representatives of industry magazines were also guests of the meeting. At present, the audience’s interest in narrow-profile events dedicated to key trends in commodity markets is especially noticeable.
About the company:
The Association of Russian manufacturers of starch and syrup products Roskrakhmalpatoka is a professional non-profit organization that promotes the strengthening and development of domestic production of starch products and advocates protecting the domestic market from unequal competition with foreign suppliers.
The association was founded in 1998 and currently unites the largest enterprises in the industry, providing about 75% of the domestic production of starch and molasses.
The main mission of the association is to promote the strengthening of intersectoral and territorial ties, to interact with other Russian and foreign unions and associations in the interests of supporting Russian producers of starch products.
Among the key goals of the organization are coordinating the efforts of members of the Association in implementing joint programs, developing business relations and protecting their interests in the executive and legislative branches of the Russian Federation, as well as promoting and supporting initiatives and projects aimed at developing the starch industry.
The key principles of the Association are trust and mutual assistance, business ethics, decision making taking into account the interests of all members of the Association, as well as collegiality and democratic management.
The material was prepared by the press service of the Association of Russian manufacturers of starch-and-syrup products.