PPT - Organic Dairy Market In China: 2019-2024: Industry Overview, Growth Rate and Forecast 2024

China Organic Dairy Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

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China Organic Dairy Market Overview: According to a recent report by IMARC Group, titled “ Organic Dairy Market in China: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-20 24 �, the organic dairy market in China reached a value of US$ 860 Million in 2018. Being one of the rapidly growing segments of the organic food industry, organic dairy forms a key market in the overall Chinese economy. Organic dairy products are obtained from livestock raised through organic farming methods.

These dairy products are relatively healthier as compared to their conventional counterparts since they are a rich source of omega-3 fatty acids, vitamins, antioxidants and conjugated linoleic acid (CLA). Their consumption offers various health benefits such as strengthening the immune system, boosting overall metabolism and significantly reducing the chances of diseases.

Organic Dairy Market Trends A majority of the consumers in the country have shifted from regular to organic dairy products on account of the 2008 milk scandal. The incident involved melamine-tainted milk formula causing numerous infant deaths across the country. Since organic products do not involve the usage of chemicals, they have become a preferred choice amongst the consumers.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Other factors such as rapid urbanization and inflating disposable income levels are also contributing to the market growth. By 2024, the organic dairy market in China size is anticipated to reach US$ 2,014 Million, expanding at a CAGR of around 15% during 2019-2024.

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In addition to this, owing to the prevalence of chronic diseases in the country coupled with the growing awareness about the benefits offered by organic dairy products, consumers are now increasingly incorporating them in their daily diets. Moreover, the Government of China is encouraging the practice of organic farming due to rising environmental issues which, in turn, is bolstering the sales of organic products in the country.

Market Segmentation by Product Type • • • • • • •

Organic Fluid Milk Organic Infant Formula Organic Yogurt Organic Cheese Organic Butter Organic Cream Others

On the basis of the product type, the market has been divided into organic fluid milk, infant formula, yogurt, cheese, butter, cream and others. Amongst these, organic fluid milk represents the most preferred product type.

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For more information, click here: https://www.imarcgroup.com/china-organic-dairy-market Market Segmentation by Packaging Type • • • •

Tetra Packs and Pouches Bottles Cans Others

Based on the packaging, tetra packs and pouches account for the biggest market share. Other major segments include bottles, cans and others.

Market Segmentation by Distribution Channel • • • • •

Supermarkets and Hypermarkets Organic Specialty Stores Convenience and Grocery Stores Discount Stores Online/E-Retailing

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Direct Sales Others

On the basis of the distribution channel, supermarkets and hypermarkets account for the largest market share. Organic specialty stores, convenience and grocery stores, discount stores, online/eretailing and direct sales are the other significant distribution channels.

Market Segmentation by Province • • • • •

Guangdong Province Jiangsu Province Shandong Province Zhejiang Province Henan Province

On a geographical front, China represents the largest market for acetic acid owing to rapid industrialisation and a strong growth in the end-use industries. China is followed by North America, Western/Eastern Europe, North East Asia, South East Asia, and Middle East and Africa.

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Report Description Competitive Landscape:

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

• • •

China Shengmu Organic Milk Limited Inner Mongolia Yili Industrial Group China Mengniu Dairy Company Limited

Browse Related Report Organic Dairy Market Report: https://www.imarcgroup.com/organic-dairy-market Dairy Market Report: https://www.imarcgroup.com/prefeasibility-report-on-a-dairy-processing-plant

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