China Organic Dairy Market 2017-2023: Key Players are Shengmu, Yili Group & Megnui

DUBLIN, June 20, 2018 /PRNewswire/ --

The "Organic Dairy Market in China: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The organic dairy market in China reached a value of US$ 737 Million in 2017

Organic dairy products are derived from livestock raised through organic feed and without the use of synthetic fertilizers and pesticides. As a result, organic dairy products are considered healthier and have higher levels of vitamins, omega-3 fatty acids, antioxidants and conjugated linoleic acid (CLA). Unlike conventional dairy farming methods, organic dairy farming helps in sustaining higher production without the environmental risks. Currently, China represents one of the fastest growing markets for organic dairy products in Asia.

One of the major factors bolstering the growth of the organic dairy market in China is the rising awareness about the extensive use of fertilizers, pesticides and bovine growth hormone (BGH) due to which a majority of the consumers have shifted towards healthier and organic dairy products. Some of the other forces that have been proactive in maintaining the market growth include rapid urbanization, escalating disposable incomes and large-scale food adulteration in China.

Looking forward, the market value is projected to reach US$ 1,759 Million by 2023, registering a CAGR of 15.7% during 2018-2023.

Market Summary:

• Based on the province, the market has been segmented as Guangdong Province, Jiangsu Province, Shandong Province, Zhejiang Province, Henan Province and others. Currently, Guangdong Province represents the biggest market.
• On the basis of product type, organic fluid milk accounts for the majority of the total market share. Other segments include organic infant formula, organic yogurt, organic cheese, organic butter, organic cream, etc.
• Based on packaging, the organic dairy market in China is divided into tetra-packs & pouches, bottles, cans and others. Amongst these, tetra-packs & pouches exhibit a clear dominance in the market.
• On the basis of distribution channel, supermarkets and hypermarkets enjoy the leading position in the market. Other major segments include organic speciality stores, convenience and grocery stores, discount stores, online/e-retailing, direct sales and others.

The competitive landscape of the market has also been examined with some of the key players being

• Shengmu
• Yili group
• Megnui

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 China Organic Dairy Industry

6 Competitive Landscape

7 Performance by Province

8 Performance by Product Type

9 Performance by Packaging Type

10 Market by Distribution Channel

11 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/research/p5h6bg/china_organic?w=5

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SOURCE Research and Markets