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The organic dairy market in China reached a value of US$1,158mn in 2020, according to a new report by ResearchAndMarkets
Looking forward, the organic dairy market in China is said to exhibit strong growth during the next five years.
Organic dairy products are derived from livestock raised through organic feed and without the use of synthetic fertilisers and pesticides. As a result, organic dairy products are considered healthier and have higher levels of vitamins, omega-3 fatty acids, antioxidants and conjugated linoleic acid (CLA).
Unlike conventional dairy farming methods, organic dairy farming helps in sustaining higher production without the environmental risks. Currently, China represents one of the fastest-growing markets for organic dairy products in Asia.
One of the major factors bolstering the growth of the organic dairy market in China is the rising awareness about the extensive use of fertilisers, pesticides and bovine growth hormone (BGH) due to which a majority of the consumers have shifted towards healthier and organic dairy products. Some of the other forces that have been proactive in maintaining the market growth include rapid urbanisation, escalating disposable incomes and large-scale food adulteration in China.
Based on the province, the market has been segmented as Guangdong Province, Jiangsu Province, Shandong Province, Zhejiang Province, Henan Province and others. Currently, Guangdong Province represents the biggest market.
Based on product type, organic fluid milk accounts for the majority of the market share. Other segments include organic infant formula, organic yoghurt, organic cheese, organic butter, organic cream, etc.
Based on packaging, the organic dairy market in China is divided into tetra-packs & pouches, bottles, cans and others. Amongst these, tetra-packs and pouches exhibit a clear dominance in the market.
Based on distribution channel, supermarkets and hypermarkets enjoy the leading position in the market. Other major segments include organic speciality stores, convenience and grocery stores, discount stores, online/e-retailing, direct sales and others.
The competitive landscape of the market has also been examined with some of the key players being Shengmu, Yili group and Megnui.
For more information about this report visit https://www.researchandmarkets.com/r/rkvxd4