Published on : Sep 12, 2018
Albany, New York, September 12, 2018: Rapid advancements in flavor enhancements has intrigued consumer preferences thereby garnering significant growth in China dairy market. Additionally, rising awareness on dairy rich diet and government initiatives towards dairy production as well as quality control manifest ample growth scope in China dairy market. A newly collated research report titled, ‘China Dairy Market & Forecast by Type, Product, Production & Consumption, Import, Export Volume, & Companies’ offers insightful details on recent development and their impact on the growth of the market.
Portfolio Differentiation and Geographical Expansion Continue to Dominate Sales in China Dairy Market
Aiming to reverse the implications of dairy ban in China owing to various dairy scandals that hovered over China’s dairy market, leading market players are inclined to divert substantial investments towards procurement of differentiated product portfolio. Additionally, eminent market players in China dairy market are also keen in investing heavily on geographical expansion to set afoot in the global spectrum, besides adhering to stringent government laws pertaining to production as well as quality control.
Yili Acquires Pakistan’s Fauji Foods to justify its Lead in China Dairy Market
According to a recent report, eminent Chinese dairy producer, Yili has affirmed its investment towards strategic acquisition of Pakistani dairy products manufacturer, Fauji Foods. The resultant impact of the agreement is expected to strengthen Yili’s global position, adding to its consolidated market position in the Inner Mongolia region of China. The acquisition will also manifest new growth opportunities for the company in China dairy market, aided by portfolio expansion.
Additionally, as part of a significant development in China dairy market, leading company China Bright Food Group has unrolled premium yogurt based products to diversify its product line. Enhanced with goodness of healthy bacteria, the product has incurred immense attention from dairy diet enthusiasts thus crafting new growth pathway in China dairy market.
Further in the course of the report, this section documents crucial research highlights and their resultant impact on end-user response besides holistic impact on the growth of China dairy market. This section of the report identifies product type, product, production and consumption volume, and dairy product import and export as major segments in China dairy market. Based on product, China dairy market is classified into liquid milk and powder milk amongst other variants. Yogurt, Ice cream, probiotic, cheese, butter, infant formula, and flavored milk drinks have been enlisted as leading dairy products in China dairy market. On the basis of supply and demand, China dairy market is fragmented as dairy products food use, and feed use amongst other uses. In terms of import and export, China dairy market is bifurcated as liquid milk, cheese, whole milk powder, skimmed milk powder, whey, infant formula besides others.
Additionally, the report upholds veritable research highlights on various marketing tactics and tools implemented by core players in China dairy market across several regions in China to procure visible growth and entice consumer responses.
Competition Dashboard: China Dairy Market
Elaborate research postulates included in the report allow readers to comprehend the impact of potent marketing practices implemented by market players across regions and their subsequent impact on end-user response and holistic growth of China dairy market. Thorough analytical review of these strategies enrich readers’ perspectives based on which market players can facilitate lucrative investment decisions that lure increased revenue streams and secure their lead in the fast expanding China dairy market landscape. Prominent players noted in China dairy market include, China Mengniu Dairy Company Limited, Inner Mongolia Yili Industrial Group Co., Ltd, China Modern Dairy Holdings Ltd, and Bright Dairy & Food Co. Ltd
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