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Examine the Chinese Dairy Market and It's Growth Potential

Posted on: Friday, 1 June 2007, 00:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c58581) has announced the addition of 2005-2006 Annual Report on China Dairy Market Review & Outlook to their offering.

In 2005, Chinese dairy Industry maintained a high growth, its operation became better compared with 2004. As to production of milk source, dairy cattle inventory and raw milk production both increased over 20%. Dairy cattle and raw milk all endured a price correction period, and dairy cattle industry returned to normal development from overheated development in the last few years. Dairy cattle import obviously fell, affected by diseases abroad.

As to processing of dairy products, sale volume of dairy enterprises in the first three quarters of 2005 reached 61.6 billion Yuan, up 31% from same period 2004; annual sale volume is estimated to be near 80 billion Yuan, up 25% from same period 2004, slightly lower than last year's level. Gross profit of dairy industry in the first three quarters was 3 billion Yuan, adding 21% over same period 2004; annual gross profit is projected to be 4 billion Yuan, adding 18% over same period 2004, obviously higher than last year's increase rate of 10%. The industrial profit margin in the first three quarters exceeded 10% and is expected to be 8% for the whole year, higher than last year's level of 5.41%. New investment in 2005 was about 12 billion Yuan, parallel to 2004.

As to import and export of dairy products, on the one hand, dairy products supply on international market declined and price remained high especially New Zealand where export price increased substantially; on the other hand, domestic demand for dairy products was weak while supply was abundant, in addition to Nestle event and Bright event, consumption market was blew, resulting in import decline especially the milk powder and export increase after recovery in last year.

As to consumption of dairy products, generally speaking, per capita consumption volume of urban citizens in over half provinces saw negative growth, decreasing by near 3% all the year round. As to policy perspective, notice of "remade milk" label, released by State Council Office at the end of September, has greatly influenced and will continue influencing domestic dairy development.

This report analyzes dairy production, consumption, market price, basic situation of import and export, market competition, relevant hot topics, policy direction and impact, development of main dairy processing and packaging enterprises in China and the development of the international dairy industry in 2005, there is also a forecast for the development trend of the Chinese dairy industry in 2006.

This report is a joint product of the experts of the Dairy Department, its clients include many famous Chinese and foreign enterprises. The company has unique views on many hot issues in the development of the Chinese dairy industry and quite often, the views were reprinted by lots of mass media.

The research report on the Chinese dairy industry in 2004 first added the "Balance Sheet of Milk" which is commonly adopted in the world. The research report on the Chinese dairy industry in 2005 will continue provide "Balance Sheet of Milk in China in 2005". This research report is based on the information from the National General Administration of Statistics, the National Economic Information Center, the Customs General Administration of China, the National Commercial Information Center, China Beverage Industrial Association, China Dairy Industrial Association, China Competition Intelligence Network, relevant papers of the country and overseas, and lots of data either published or supplied by research institutes of food and beverage, meanwhile, the database of the company was used, surveys and research results of the company were used as well.

This is a rare report which shall be of great value for dairy producers, dealers and research institutes both at home and abroad to understand the development trend of the dairy industry, to make decisions on the positioning of the enterprise and to formulate development strategies.

For more information visit http://www.researchandmarkets.com/reports/c58581.

Source: Business Wire

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