Fitch Ratings: Chinese Dairy Industry to Consolidate Further
date:Nov 27, 2013
2012-17, according to MINTEL, a leading market research firm.

Therefore, to secure high-quality raw milk supply, Chinese dairy players must move upstream either through acquisitions of mature dairy farms or nurturing their own ranches, which usually takes years. Dairy companies will also seek MA activity to tap the growing demand from consumers who are more aware of the benefits of milk, who have more spending power and as the government relaxes its one-child policy. Consumer confidence in dome
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