Dairy Products China News 1703 - Monthly Market Report
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Dairy Products China News provides you with real-time intelligence on Chinas dairy market.
It is a monthly published newsletter, which can be downloaded in PDF format. The subscription period is yearly, grants the subscriber 12 issues in total.
Demand for dairy products has increased so rapidly in China that the country has become the center of the global dairy market the main driver of the white gold rush in 2014, and the subsequent crash the following year.
Competition is intensifying as more international dairy companies seek to make their fortunes in this huge market, while domestic players are struggling to remain competitive through M&A, improving raw milk supplies and upgrading processing facilities. Meanwhile, the ecommerce revolution is putting pressure on prices and the government continues to tighten regulations on food safety and imports.
Dairy Products China News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire dairy industry chain, from raw milk and milk powder to infant formula, cheese and other end products. This includes:
Breaking news from China and abroad
The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations"
Headlines
In 2016, China imported about 2.3 million tonnes of dairy products, valued at USD6.7 billion.
On 21 March, Modern Dairy and its offeror Mengniu jointly announced that their mandatory offer had ended, resulting in Mengniu and partners owning 3.8 billion shares of Modern Dairy, a 61.3% stake.
On 10 March, CASA held a China Nutritional Standards Workshop and declared it was accelerating the revision of standards of Chinas infant formula nutritional content standards, but provided few details
In 2016, Beingmate suffered a loss of nearly USD116.3 million (RMB800 million), down by 869.9%, mainly due to its deteriorated relationships with its distributors, the sluggish market and the increased imports.
In 2016, Yantang Dairy experienced a slowdown in growth, reflcting increased competition from major players such as Yili and Mengniu and foreign brands.
On 8 March, the NEEQ-listed Shangling Animal Husbandry announced measures suggesting that it will apply for an IPO listing for A shares in the future.
In 2016, Ausnutria made sales of USD398.3 million (RMB2.7 billion), up by 30.3% and net profi of USD30.5 million (RMB210 million), up by 320.4%, thanks to the growth in sales of its infant formula.
On 14 March, Want Want China confimed that its sales fell by 7.9% in 2016 to USD2.9 billion (RMB19.7 billion), with sales of Hot Kid Milk, its best-selling product, down by 12% to USD1.2 billion (RMB8.5 billion).
According to the data released by the MOA, the purchase price of raw milk flctuated slightly in the fist week of March, although it is expected to go up this year, due to increased international pricesand a decrease in milk powder inventories.
On 20 March, VV introduced a range of new RTD vegetable protein beverages, VV Super Funny Soy Milk, a marked change from its traditional powdered soy milks which aims to attract youngcustomers.
It is a monthly published newsletter, which can be downloaded in PDF format. The subscription period is yearly, grants the subscriber 12 issues in total.
Demand for dairy products has increased so rapidly in China that the country has become the center of the global dairy market the main driver of the white gold rush in 2014, and the subsequent crash the following year.
Competition is intensifying as more international dairy companies seek to make their fortunes in this huge market, while domestic players are struggling to remain competitive through M&A, improving raw milk supplies and upgrading processing facilities. Meanwhile, the ecommerce revolution is putting pressure on prices and the government continues to tighten regulations on food safety and imports.
Dairy Products China News will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire dairy industry chain, from raw milk and milk powder to infant formula, cheese and other end products. This includes:
Breaking news from China and abroad
The latest market data, including price information for raw materials, intermediates and end products, import/export data, production, consumption, operating rates, etc.
In-depth analysis of market trends, Chinese government policy, the performance of leading Chinese producers, M&A, new technologies, and more
Expert commentary from industry insiders, including regular guest articles and interviews with insiders at leading Chinese manufacturers, associations and government organizations"
Headlines
In 2016, China imported about 2.3 million tonnes of dairy products, valued at USD6.7 billion.
On 21 March, Modern Dairy and its offeror Mengniu jointly announced that their mandatory offer had ended, resulting in Mengniu and partners owning 3.8 billion shares of Modern Dairy, a 61.3% stake.
On 10 March, CASA held a China Nutritional Standards Workshop and declared it was accelerating the revision of standards of Chinas infant formula nutritional content standards, but provided few details
In 2016, Beingmate suffered a loss of nearly USD116.3 million (RMB800 million), down by 869.9%, mainly due to its deteriorated relationships with its distributors, the sluggish market and the increased imports.
In 2016, Yantang Dairy experienced a slowdown in growth, reflcting increased competition from major players such as Yili and Mengniu and foreign brands.
On 8 March, the NEEQ-listed Shangling Animal Husbandry announced measures suggesting that it will apply for an IPO listing for A shares in the future.
In 2016, Ausnutria made sales of USD398.3 million (RMB2.7 billion), up by 30.3% and net profi of USD30.5 million (RMB210 million), up by 320.4%, thanks to the growth in sales of its infant formula.
On 14 March, Want Want China confimed that its sales fell by 7.9% in 2016 to USD2.9 billion (RMB19.7 billion), with sales of Hot Kid Milk, its best-selling product, down by 12% to USD1.2 billion (RMB8.5 billion).
According to the data released by the MOA, the purchase price of raw milk flctuated slightly in the fist week of March, although it is expected to go up this year, due to increased international pricesand a decrease in milk powder inventories.
On 20 March, VV introduced a range of new RTD vegetable protein beverages, VV Super Funny Soy Milk, a marked change from its traditional powdered soy milks which aims to attract youngcustomers.
TABLE OF CONTENTS
Headline
Editors Note
1.Market Dynamics
1.1 Chinas Dairy Products Imports in 2016
1.2 Mengniu Acquires 61.3% Stake in Modern Dairy
2.Governmental Direction
2.1 Revision to standards of Chinas infant formula products to be accelerated
3.Company Developments
3.1 Beingmate: Loss of USD116.3 million in 2016
3.2 Yantang Dairy: Growth Slowdown in 2016
3.3 Shangling Animal Husbandry Probably to List on A Share Market
3.4 Ausnutria: Net Profit +320.4% in 2016
3.5 Falling Demand for Flavoured Milk Results in Continuous Decrease in Sales of Hot Kid Milk
4.Raw milk supply
4.1 Raw Milk Price Fluctuates Slightly in March
5.New Products, Technology & Packaging
5.1VV Introduces New Super Funny Soy Protein Drinks
6.News in Brief
6.1 February Imports
6.2 Milk from Ireland Destroyed for Excess Mould
6.3 Yantang Dairy Extends Construction of 600 t/d Plant
6.4 Weigang Dairy Partners with XDKB
6.5 Allmilk Infant Formula Blacklisted Again
6.6 Infant Formula: -9.2% in Imports in January
6.7 Kedi Dairy: Net Profit Down 6.9% YoY
6.8 Hebei: Dairy Companies Expected to Maintain Milk Market Order
6.9 Saikexing to Acquire 2 Dairy Farming Companies
6.10 Yashili Continues Purchasing Raw Materials from Mengniu
Editors Note
1.Market Dynamics
1.1 Chinas Dairy Products Imports in 2016
1.2 Mengniu Acquires 61.3% Stake in Modern Dairy
2.Governmental Direction
2.1 Revision to standards of Chinas infant formula products to be accelerated
3.Company Developments
3.1 Beingmate: Loss of USD116.3 million in 2016
3.2 Yantang Dairy: Growth Slowdown in 2016
3.3 Shangling Animal Husbandry Probably to List on A Share Market
3.4 Ausnutria: Net Profit +320.4% in 2016
3.5 Falling Demand for Flavoured Milk Results in Continuous Decrease in Sales of Hot Kid Milk
4.Raw milk supply
4.1 Raw Milk Price Fluctuates Slightly in March
5.New Products, Technology & Packaging
5.1VV Introduces New Super Funny Soy Protein Drinks
6.News in Brief
6.1 February Imports
6.2 Milk from Ireland Destroyed for Excess Mould
6.3 Yantang Dairy Extends Construction of 600 t/d Plant
6.4 Weigang Dairy Partners with XDKB
6.5 Allmilk Infant Formula Blacklisted Again
6.6 Infant Formula: -9.2% in Imports in January
6.7 Kedi Dairy: Net Profit Down 6.9% YoY
6.8 Hebei: Dairy Companies Expected to Maintain Milk Market Order
6.9 Saikexing to Acquire 2 Dairy Farming Companies
6.10 Yashili Continues Purchasing Raw Materials from Mengniu
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