Find Hot News in Dairy Products China News 1312
Tag: grain & food processors, General Administration of Customs of China, local food safety
standards, dairy farming, UHT milks, infant formula product, the State Council
Summary: Data from 5 key processors shows that their performance in H1 is rather mixed,
reflecting market challenges.
Published on the 31th every month, Dairy Products China News is a monthly publication released
by CCM. It offers timely update and close follow up of China’s various kind of Dairy market
dynamics, analyze the market data and trends. Major columns include the latest information on
new market dynamics, company dynamics, new dairy products and consumption trend, new
legislations and policies and raw milk supply dynamics that are shaping the market.
Following are headline news of the latest issue of Dairy Products China News:
Guangda Group to Expand Milk Supply
Guangda Group plans to set up the 5th dairy farm in Chongqing in December to boost its milk
Vitasoy Launches Grain Milk
Vitasoy launches grain milk in mainland China, aiming to expand its business in the grain
beverages market – a fast-growing market segment.
Beingmate Targets Children's Milk Market
On 25 November, Beingmate announces that it will set up a wholly-owned subsidiary for
production and sales of children's milk, aiming to acquire a share in this growing niche market.
Synutra to Acquire Youthbase
On 21 November, Synutra announces the acquisition of Youthbase, a Shanghai-based brand with
complementary channel positioning.
YST Launches IPO
On 11 November, YST launches a HKD3.9 billion IPO in Hong Kong, aiming to raise capital for
further business expansion.
Meiji Dairies Targets Pasteurised Milk and Yoghurt Market
On 15 November, Meiji Dairies announces its launch of fresh milk and yoghurt in Eastern China
in December, moving on from its formula market exit.
New Hope Dairy Re-enters Infant Formula Market
New Hope Dairy announces its re-entry to the infant formula market in early 2014 with a range
produced in and imported from New Zealand.
Revised Draft of Food Safety Law Announced
On 29 October, the State Council issues a draft amendment to the Food Safety Law which is
notable for proposing harsher punishments for violators.
Domestic Dairy Processors Raise Product Prices
Several domestic dairy processors are raising their product prices this month, suggesting the
potential for wider price increases for domestic dairy products in the near future.
One-child Policy Shift Benefits Infant Formula Industry
China will relax its one-child policy, allowing couples to have two children if one of the parents is a
single child, a move which is expected to be beneficial for the infant formula industry.
Tingyi and Wakodo to Form JV
Japanese baby food producer Wakodo is establishing a JV with Tingyi, aiming to expand its
business in the Chinese market – with Dutch-sourced product.
Cheese Market Growth
Cheese imports for 2013 overall are expected to hit 45,000 tonnes, with Shanghai and Beijing
taking the lion's share.
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