双塔食品(002481) - 双塔食品调研活动信息

Group 1: Company Overview - Yantai Shuangta Food Co., Ltd. is the largest producer of pea protein, pea starch, dietary fiber, and other related products in the industry [1][2]. Group 2: Supply Chain and Raw Materials - The company sources its peas primarily from Canada, with sufficient raw material reserves to supply production for over six months, mitigating supply risks [2][3]. - Pea cultivation is mainly concentrated in countries like Canada, India, Russia, Ukraine, France, and Australia, with India being a significant producer but exporting less [2]. Group 3: Competitive Advantages - The company has several competitive advantages, including: - Scale advantage as the largest producer in the industry [3]. - Unique status as a national-level circular economy base, capable of producing 10 different products from a single pea [3]. - Cost advantage through a circular economy model, resulting in lower overall costs compared to competitors [3]. - Technological advantage with leading extraction techniques for pea protein [3]. Group 4: Market Applications and Pricing - Pea protein is primarily used in solid beverages, energy bars, breakfast cereals, and plant-based meat, with increasing applications in the plant-based meat sector [3][4]. - The average price of high-end pea protein is around 20,000 yuan per ton, with stable pricing expected unless market demand changes [3][4]. Group 5: Future Strategies - The company plans to enhance the added value of pea protein and expand its product range based on customer needs, including different types and applications of pea protein [4]. - Future investments will focus on domestic projects, with potential for international expansion in the future [4].