Chinese government moves further towards milk powder sector consolidation-paper
date:Aug 19, 2013
bobank.

Consumers in China are highly sensitive to food safety after persistent problems such as chemical-laced pork.

China's infant formula market is worth around $12.4 billion in 2012, and is set to double in size by 2017, according to data from Euromonitor.

In 2012, the ten biggest Chinese infant formula firms by market share were Zhejiang Beingmate, Yili, Biostime International Holdings, Yashili, Daqing Dairy, Feihe International, Wissun Group, Wondersun Dairy, Synutra International and A
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