Milk (Dairy and Soy Food) Market in China – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The milk market in China was valued at CNY164.1 billion in 2020. The market is projected to grow at a CAGR of more than 5% during the forecast period. White milk is expected to be the fastest-growing segment of the milk market between 2020 and 2025 and the weakest performing segment is forecasted to be flavored milk. Within the distribution channels, hypermarkets and supermarkets accounted for a majority share of the market for milk while the slowest operating channel was e-retailers.
The China milk market research report provides up-to-date market size data for the period 2015-2020 and an illustrative forecast to 2025 premised on the COVID-19 hit, covering key market aspects like sales value and volume for milk and its variants evaporated milk, fermented milk, flavored milk, and white milk. Furthermore, the research handbook details sales value and volume for top brands for the year 2017 to 2020 and overall market sales by distribution channel wherever applicable.
Due to ongoing large-scale uncertainties in the market due to the COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture into China milk (dairy and soy food) market. The comprehensive statistics within the research handbook provide insight into the operating environment of the market and ensure the right business decision-making based on historical trends and industry model-based forecasting.
China milk market overview
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What are the key segments in the China milk market?
The key segments in the Chinese milk market are white milk, flavored milk, and evaporated milk. In 2020, the white milk segment accounted for a major share of the market followed by flavored milk.
China milk market, by segments
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What are the key distribution channels in the China milk market?
The key distribution channels used in the Chinese milk market are hypermarkets & supermarkets, food & drinks specialists, convenience stores, e-retailers, and dollar stores & variety stores. The predominant distribution channel for the Chinese milk market was hypermarkets & supermarkets while others registered the fastest growth in the review period.
China milk market, by distribution channels
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Which are the key brands in the Chinese milk market?
The key brands in the Chinese milk market are Yili, Mengniu, Want Want, Bright, Satine, QQ star, Nestle, Wondersun, San Yuan, and Oldenburger.
China milk market, by key brands
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Market report scope
Market size (Year – 2020) | CNY164.1 billion |
CAGR | >5% |
Forecast period | 2020-2025 |
Key segments | White Milk, Flavored Milk, and Evaporated Milk |
Key distribution channels | Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, E-Retailers, and Dollar Stores & Variety Stores |
Key brands | Yili, Mengniu, Want Want, Bright, Satine, QQ star, Nestle, Wondersun, San Yuan, and Oldenburger |
Scope
- Overall milk (dairy and soy food) market value and volume analytics with growth analysis from 2015 to 2025.
- Value and volume terms for the top brands.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the milk (dairy and soy food) market and fill in the gaps in understanding trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the China milk market size in 2020?
The milk market in China was valued at CNY164.1 billion in 2020.
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What is the China milk market growth rate?
The milk market in China is projected to grow at a CAGR of more than 5% during the forecast period.
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What are the key segments in the China milk market?
The key segments in the Chinese milk market are white milk, flavored milk, and evaporated milk.
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What are the key distribution channels in the China milk market?
The distribution channels used in the Chinese milk market are hypermarkets and supermarkets, food and drinks specialists, convenience stores, e-retailers, and dollar stores & variety stores.
-
Which are the key brands in the China milk market?
The key brands in the Chinese milk market are ili, Mengniu, Want Want, Bright, Satine, QQ star, Nestle, Wondersun, San Yuan, and Oldenburger.
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