The market is dominated by domestic suppliers, as imports account for 11.2% of total market size in 2020. Households drive market demand, with household spending representing 77.5% of total demand in 2020. China has the largest market size for dairy products in the region, with demand reaching USD91.5 billion in 2020. Inner Mongolia Yili Industrial Group Co Ltd is the largest company in China, generating 22.8% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 50.8% of total production value in 2020. The total number of companies decreases in 2020, to 7,186 units. The costs of the industry increase by 5.9% in 2020, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.0% of production value in 2020, the 16th highest in the region. With production value of USD68.8 billion, China accounts for 47.6% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Dairy Products in China: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in China: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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