Dairy Food in China

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Date Submitted: 02/09/2014 07:37 PM

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Latest trends in CHINA

1) China  -  Food & Drink  -  02 Dec 2013

News: Costa Rican dairy producer Dos Pinos will increase the number of containers it ships monthly to China to 100, presenting one of the largest export opportunities for Costa Rican dairy products in 2014. The move comes after Costa Rica received sanitary protocols approval to export dairy to China in early 2013. According to the Foreign Trade Promotion Office (Procomer), Dos Pinos has already shipped more than 42 tonnes of milk and cream worth US$40,000 to China. The move will boost the company's presence in the Chinese dairy market, according to Costa Rica's Minister of Agriculture and Livestock Gloria Abraham Xinhua.

BMI View: Dairy is currently one of the highest growth sub-sectors of China's food industry. Fuelled by rising disposable incomes, urbanisation, the improved affordability of domestic cold storage facilities and a growing awareness of the potential health benefits of dairy consumption, demand in the country - particularly among the growing middle class - has been soaring. In spite of this strong demand, China remains dependent on imports for many dairy products, particularly high-value processed items such as butter and cheese. This reliance on imports creates significant opportunities for new investors, especially since the market remains fragmented and does not operate as efficiently as greater large-scale involvement would allow.

2) News: New Zealand-based dairy company Fonterra will incorporate China's locally produced milk into its own branded products, as part of the company's expansion strategy in China's consumer sector. In September 2013, the company announced plans to launch a second farming unit in the Chinese Province of Shanxi with 3,000 cattle farms, and is expected to go into production in H214. The company started its Anchor-branded ultra-high-temperature (UHT) milk to boost its market presence.

3) China  -  Food & Drink  -  22 Jan 2014  - ...