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    Home > Food News > Food Articles > Consolidation heats up in the dairy industry

    Consolidation heats up in the dairy industry

    • Last Update: 2022-09-01
    • Source: Internet
    • Author: User
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    Since last year, the domestic dairy industry has been continuously integrated


    In this regard, Liu Changquan, director of the Industrial Economics Office of the Rural Development Institute of the Chinese Academy of Social Sciences and director of the Industrial Economics Office of the National Dairy Industry Technology System, said that in this round of mergers and acquisitions of dairy companies, the mergers and acquisitions include both traditional dairy industry leading companies and those who entered the dairy industry through mergers and acquisitions.


    "The acceleration of mergers and acquisitions by dairy companies and the active entry of capital are first and foremost due to good expectations for the development prospects of the dairy industry


    In recent years, the consumption structure of China's dairy products has also been accelerated, and elements such as freshness, health, quality, characteristics, and fashion have been integrated into dairy product consumption


    Hu Bingbing, director of the Agricultural Products Trade and Policy Research Office of the Rural Development Institute of the Chinese Academy of Social Sciences, believes that changes in the consumption structure of dairy products will have an impact on the mergers and acquisitions of dairy companies.


    Relevant experts said that with the further development of digital consumption and social media, while the total consumption of dairy products in China is increasing, the consumption structure and consumption patterns will continue to change rapidly, and the characteristics of diversification and specialization will be further highlighted


    "China's dairy industry must firmly grasp this trend, focus on nutrition and safety, strengthen technological investment, product innovation and format innovation based on consumer demand, and fully tap the local characteristics and regional advantages of China's dairy industry


    (Joe Jinliang)

    "China Food News" (04 edition on March 01, 2022)

    (Editor-in-charge: Yang Xiaojing)

     

     

     

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