A few days ago, Wang Aijun, general manager of Meihua Group, announced at a press conference held in Beijing that the company's latest strategic positioning was "to become the world's leading amino acid company and the leading domestic condiment company."
Wang Aijun said that amino acids are widely used in industries such as food, medicine, feed, and chemical industry, and there are 20 amino acids needed by the human body. Currently, 13 can be industrialized by mature fermentation methods. Meihua Group has already mastered these 13 amino acids. Of the production technologies, 9 have already achieved industrial production and 4 have achieved R&D reserves. Judging from the current market conditions, global amino acid use will maintain an annual growth rate of more than 15% in the next few years. The State has listed the bio-industry as one of the seven key development areas in the "Twelfth Five-Year Plan" development plan, including amino acids. The bio-fermentation industry in the future will gain a broader space for development.
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