According to statistics from Messi Biology, approximately 90% of magnesium oxide in the international market is consumed in the industrial sector, with only 10% used in food and medical fields. Globally, food-grade magnesium oxide is mainly concentrated in related industries such as food ingredient formulations and additives, with a relatively stable consumption scale. With the improvement of people’s living standards, the demand for food among Chinese residents is also rapidly increasing, which will drive the stable growth in the consumption of upstream ingredients such as food-grade magnesium oxide.
Currently, the production capacity layout of domestic food-grade magnesium oxide is not the same as ordinary magnesium oxide enterprises, which are located near areas such as Qinghai and Liaoning. Instead, it is more closely related to the layout of the food industry. Due to factors such as transportation and import/export convenience, there are currently very few domestic food-grade magnesium oxide manufacturers, most of which are concentrated in the eastern coastal areas. A well-known domestic food-grade magnesium oxide manufacturer is located in Xingtai, Hebei – Messi Biology. In addition, most domestic manufacturing companies produce it through the re-processing of industrial-grade magnesium oxide, with very few large-scale production facilities. Therefore, China has great production potential for pharmaceutical and food-grade magnesium oxide products, and the market capacity is considerable.
At present, China’s food-grade magnesium oxide consumption market is concentrated in East China, North China, and Central-South China, which is closely related to the local population density and relatively developed economy. East China accounts for the largest proportion of food-grade magnesium oxide consumption, followed by North China and Central-South China. Messi Biology is optimistic about the market prospects for food-grade magnesium oxide.