DUBLIN, November 4, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Dairy Products China News" report to their offering.
Fresh Milk, A Market Opportunity On 4 September, the 5th Cross-Strait Fresh Milk Development Forum was held in Fuzhou City, Fujian Province. During this event, the "Circle of Friends" for the China Quality Milk Programme was jointly established by 20+ dairy companies (including New Hope Dairy, Changfu Dairy, Bright Dairy, Beijing Sanyuan, Huishan Dairy, Wondersun Dairy, NanJing Weigang Dairy, Kunming Xuelan Dairy, Jinan Jiabao Dairy, Henan Huahuaniu Group Dairy, Yantang Milk, Fengxing Milk, Jiangxi Sunshine, Guizhou Haoyiduo Dairy, Xuzhou Lujian Dairy, Tianyou Dairy). This aimed to promote the programme's implementation and speed the development of the fresh milk segment ("Circle of Friends" is an imitation of WeChat's function, "Moment", which is also known as "Circle of Friends".) For a long period take-up of the programme has been called for by the domestic dairy industry. However, some large dairy companies have held back from full implementation. The programme mainly consists of: Labelling products as "Quality Milk" Dairy farming technology upgrade Supervision of standardisation of processing The accreditation is mainly targeted at fresh milk, which should have characteristics such as "near to raw milk sources", "short-distance refrigerated transportation" and "instant consumption". Consumers are expected to easily see whether the milks are "quality" through the labelling. "The programme will help rebuild confidence in domestic milk products and ease the imbalance of profit distribution in the industry," commented a trade source. Ever since the melamine scandal, China's dairy market has endured periods of rapid price drops or increases. This year is "the hardest year for the domestic dairy business," stated Gao Hongbin, Director of the Dairy Association of China (DAC): "In March, 51% of companies made a loss. In H2, this proportion is still growing." There are two fundamental factors behind the flat domestic dairy market: