date:Mar 06, 2014
vere shortage of raw milk in China will force companies to step up consolidation along the value chain. In 2013, the supply shortage exceeded 4 million tons compared with 1.7 million tons in 2010, consultancy Fitch Ratings said in November.
A pickup in mergers and acquisitions among dairy companies to tap the growing demand from customers as disposable incomes grow and the government relaxes its one-child policy is also predicted by experts.