Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 37 , 10 November 2023


Open Access | Article

The Current Situation and Future Trends of China's Dairy Industry

Ke Hu 1 , Han Sun * 2 , Tianyu Zhou 3
1 Chongqing NO.1 High School
2 Dalhousie University
3 Guiyang No.1 High School

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 37, 74-80
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Ke Hu, Han Sun, Tianyu Zhou. The Current Situation and Future Trends of China's Dairy Industry. AEMPS (2023) Vol. 37: 74-80. DOI: 10.54254/2754-1169/37/20231843.

Abstract

China's dairy industry has experienced rapid development in recent years, primarily due to the country's growing population and improved living standards. Dairy products have become an essential part of people's daily lives. The leading companies in focus are Mengniu and Yili. This article provides an in-depth analysis of China's dairy industry, focusing on the leading companies Mengniu and Yili. The industry has experienced rapid development due to China's increasing population and improved living standards, with dairy products becoming an indispensable part of daily life. The article examines the size and value chain distribution of the industry, which is dominated by brand manufacturers, and analyzes both the supply and demand sides. The per capita consumption of dairy products is increasing, and high-end liquid milk is gaining popularity. With a valuation analysis using the comparable company valuation method on Mengniu and Yili. The article provides a detailed analysis of the size and value chain distribution within the industry, which is predominantly led by brand manufacturers. Both the supply and demand sides of the dairy products have been examined. Per capita consumption of dairy products is continuously increasing, with a growing popularity of high-end liquid milk. Despite facing challenges, the dairy industry in China has enormous potential for growth. These results shed light on guiding further exploration of Yongsheng Yang, Understanding the development of China's dairy industry.

Keywords

dairy industry, valuation, industry analysis

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-095-0
ISBN (Online)
978-1-83558-096-7
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/37/20231843
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated