DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xw6lcs/research_report) has announced the addition of the "Research Report on China Dairy Industry, 2014-2018" report to their offering.
Demand for dairy products keeps increasing as Chinese economy develops and people's lifestyle changes.
Due to frequent food safety incidents in the last few years, dairy industry in China is going through rectification and reform. Chinese government has issued a series of policies to regulate and guide the production, import and export, and selling of dairy products since 2013.
In 2013 there were more than 600 dairy producers in China. The revenue of main business was approximately CNY 280 billion, up by 14% YOY. The output volume of dairy products was 26.98 million tons, up by 6% YOY. Sales of the product also went up in recent years while the finished goods inventory fell drastically. By the end of December, total value of the finished goods inventory in the whole industry was CNY 6.38 billion, down by 7.47% YOY. It equals to the value of 610 thousand tons of products, which takes only 2.3% of the total output volume. It is indicated that the product is very popular in the market.
Although dairy industry in China performed well in production and selling in 2013, economic benefit did not grow at the same pace. Total profit and tax of the industry increased by 5.83% YOY while total profit only increased by 3.76% YOY. The reason is that profit brought by increase of sales revenue is offset by increase of raw material cost.
China is now one of the countries with high milk price. The Ministry of Agriculture monitors the average price of raw milk in ten major milk producing areas such as Inner Mongolia and Hebei. In November 2013 the average price of raw milk was 4.03 CNY/kg while that in January 2014 was 4.26 CNY/kg, up by 24.9% YOY. In November 2013, the weighted average price of milk in 28 countries in EU was 39.98 EUR/100kg, which was 3.35 CNY/kg by the exchange rate in the month. The weighted average price of milk in Germany, France, England, Holland and Poland was 39.75 EUR/100kg, which was 3.33 CNY/kg. Overall the purchasing price of raw milk in China is 1/3 higher than the international level. High-priced milk becomes a key factor that hinders the growth of dairy product consumption in China.
Key Topics Covered:
1 Overview on China Dairy Industry
2 Development Environment of China Dairy Industry, 2011-2013
3 Operation Status of China Dairy Industry, 2009-2013
4 Analysis of Competition in China Dairy Industry, 2011-2013
5 Analysis of Sub-industries of China Dairy Industry, 2011-2013
6 Analysis of Import and Export of Dairy Product in China, 2011-2013
7 Introductions of Major Enterprises in China Dairy Industry, 2011-2013
8 Prospect of China Dairy Industry, 2013-2017
Companies Mentioned
- Beijing Sanyuan Foods Co., Ltd.
- Bright Dairy & Food Co., Ltd.
- China Mengniu Dairy Company Limited
- Feihe Dairy
- Feihe International, Inc.
- Guangdong YASHILI
- Guangdong YASHILI Group Co., Ltd.
- Heilongjiang LONGDAN Dairy Science Technology Co., Ltd.
- Inner Mongolia Yili Industrial Group Company Limited
- Mengniu Dairy
- Shanghai Chenguan Dairy Co., Ltd.
- Shuangcheng Nestle Co., Ltd.
- Synutra International Inc.
- Wandashan Dairy
- Wandashan Dairy Co., Ltd.
- Wissun (Fujian) Infant Nutrition Foods Co., Ltd.
- Xi'an Yinqiao Biological Science and Technology Co., Ltd.
- Yili Group
For more information visit http://www.researchandmarkets.com/research/xw6lcs/research_report
