China Dairy Products Market Analysis (2013 - 2023)

This data guide on Dairy Products provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Dairy Products, such as Sour Milk Drinks, Milk, Drinkable Yogurt, Butter, Cheese, Yogurt, and Dairy Desserts, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Dairy Products market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The China Dairy Products market registered a growth of 4.94% to reach 319920 CNY mn in 2018. Trifles constitute the leading segment in Dairy Desserts category, which recorded a per capita consumption of 0.001629 Kg in 2018. On the other hand, Powdered Milk is the fastest growing segment in the Milk category. The Drinkable Yogurt category is expected to reach 216796.7501 by 2023, witnessing a healthy CAGR of 16%. Among distribution channels, Supermarkets and Hypermarkets are the preferred destination among the populace.

Some of the Key Takeaways

Convenience Stores is the second largest distribution channel for the sales of Dairy Products in China.
The Canned Desserts segment is expected to dominate the Dairy Desserts category sales during the forecast period.
Flavored & Fruit Yogurt segment volume sales are witnessing the fastest growth in the Yogurt category.