China Food

China’s dairy industry “Top 12” companies, they are!

In China’s dairy industry, the production and sales revenue of the top 12 enterprises totaled 264.81 billion yuan, accounting for 67.1% of the whole industry. This is the data disclosed at the 26th annual meeting of China Dairy Industry Association and China (International) Dairy Technology Expo 2020 held in Beijing a few days ago.

According to the statistics, these include leading local dairy enterprises such as Yili and Mengniu, and multinational companies such as Nestle and Mead Johnson with dairy production plants in China. The top two companies are significantly ahead of other companies in terms of revenue.

Statistics also show that there are 5 leading dairy enterprises in the “10 billion” club, all of which are listed companies except JUNLEBAO. In addition, if you want to enter the top 12 dairy industry list, the “threshold” is annual income of about 3.8 billion yuan.

“In 2019, the production and operation situation of large backbone enterprises will be good, and the industry concentration will be increased.” Song Kungang, honorary chairman of the China National Committee of the International Dairy Federation, said in a speech at the meeting. As for the first half of 2020, he said the dairy industry had minimized the adverse effects and achieved good results.

National Bureau of Statistics

Song Kungang said that in terms of output, the dairy industry turned into positive growth in April, with a year-on-year growth of more than 7.85% in June and a year-on-year increase of 6.38% in June 2019.

As for the production of milk powder, it decreased by – 15.50% in February and increased by 13.66% in March (compared with 4.52% in March 2019). He explained that this was due to poor sales channels of liquid milk in March, and a large amount of excess milk was sprayed into milk powder for temporary storage. In June, the year-on-year growth was – 15.93%, while in June 2019, it was 5.58%.

As for sales, song Kungang said that it turned positive in April and increased by 4.43% in June. However, the profit situation of the industry was not satisfactory. In the first six months, the total profit was only 13.212 billion, a decrease of – 29.86% year-on-year

When talking about dairy imports, he described it as “still maintaining a steady growth trend”. From January to June 2020, a total of 1.6807 million tons of dairy products were imported, with a total amount of 6.371 billion US dollars, with a year-on-year increase of 4.92% and 5.45% respectively.

“Whey powder, in particular, increased by 32.05% from January to June, indicating that domestic infant formula powder production and sales are booming and the situation is gratifying.” Song Kungang said. as for

According to the data of the General Administration of customs, in the first half of this year, the import volume of domestic milk powder reached 573800 tons. Although the quantity decreased by 2.5% year on year, it was still the largest category in dairy products, and the import amount also increased to 1.935 billion US dollars.

“In the second half of this year, we should continue to work hard to organize production, control quality, do well in sales, and strive for greater achievements.” He called on dairy companies to focus on guiding consumption and expanding the market, including vigorously developing online sales, “all products suitable for online sales should be sold in online stores.”.

Song Kungang also pointed out in his speech that there were 34 brands participating in the 2020 mainstream brand infant formula milk powder quality competition. From January to August, 238 batches and 887 samples were sampled and 19 items of sampling indexes were selected, including 4 risk indicators, and the sampling pass rate was 100%.

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