Thursday, 21 August 2014

China: Dairy Market Insights

This report provides key insights to the Chinese dairy market and is an essential tool for keeping up-to-date with the latest industry developments.

Key factors affecting the market in China include:
  • Growing disposable consumer income boosts dairy sales, resulting in overall growth across many dairy categories
  • Ambient drinking yogurt especially has demonstrated a surge in growth due to improving distribution networks throughout the country
  • Raw milk remains in short supply for the China market as private dairy farmers withdraw from the market faster than larger dairies are able to supplement the increased demand 
  • Administrative Measure on Inspection, Quarantine and Supervision of Imports and Exports of Dairy Products went into effect from 1 May 2013, requiring that any imported dairy products be registered in order to ensure compliance to the new national food standards.

Companies Featured

China Mengniu Ltd, Yili Group, Bright Dairy & Food Co, Want Want China Holdings Ltd, Bongrain SA, Nestle, Hainan Coconut Palm Group, Hebei Chengde Lolo Co Ltd, Fonterra, Lactalis Group, NBTY Inc, Beijing Competitor

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