According to the latest data, the market size of the milk industry in China is expected to rise by USD 4.6 billion with a CAGR of 1.6% by the end of 2029. The China milk market is driven by increasing health consciousness and the growing demand for premium dairy products among middle-class consumers. As awareness of the nutritional benefits of milk rises, there is a strong shift towards fortified, organic, and high-quality milk options. Additionally, the expansion of e-commerce and modern retail channels is making a wider variety of milk products more accessible to consumers across the country, particularly in urban areas. Government initiatives to enhance food safety standards and support domestic dairy production are further bolstering market growth, ensuring a reliable supply of safe and high-quality milk products to meet evolving consumer preferences.
This report presents a detailed overview of the China milk industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, and distribution channel. This detailed analysis supports the identification of growth opportunities within the milk industry.
Market Segmentation
The milk market in China is structured as follows:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others
The China milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in China has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in China has been segmented into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The China milk market is highly competitive. The leading players in the milk market include Zhejiang Liziyuan Dairy Food Co. Ltd., Xinjiang Tianrun Dairy Co. Ltd., Want Want Holdings Limited, The Hangzhou Wahaha Group Co. Ltd., Shijiazhuang Junlebao Dairy Co. Ltd., Saputo Inc., New Hope Dairy Co. Ltd., Nestle S.A., Nanjing Dairy (Group) Co. Ltd., Maxigenes Pty Ltd, Inner Mongolia Yili Industrial Group Co. Ltd., Inner Mongolia Shengmu Organic Milk Co. Ltd., Heilongjiang Wondersun Dairy Co. Ltd., Hebei Xiaoyangren Biological Dairy Co. Ltd., Hangzhou Adopt a Cow Biotechnology Co. Ltd., Guangxi Royal Dairy Co. Ltd., Guangdong Yantang Dairy Co. Ltd., Guangdong Jiabao Group Co. Ltd., Fujian Dali Group Co. Ltd., Food Wise Co. Ltd., China Feihe Limited, China Mengniu Dairy Company Limited, Bright Food (Group) Co. Ltd., Beijing Sanyuan Foods Company Limited.
This report provides a thorough assessment of the China milk market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the China milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the China milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the China milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewChina milk market – product analysis
China milk market – distribution channel analysis
Key players and market share
– Zhejiang Liziyuan Dairy Food Co., Ltd.
– Xinjiang Tianrun Dairy Co., Ltd.
– Want Want Holdings Limited
– The Hangzhou Wahaha Group Co., Ltd.
– Shijiazhuang Junlebao Dairy Co., Ltd.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table China milk market 2019-2029
Chart China milk market, net growth, 2019-2029
Chart China milk market, growth rates, 2019-2029
Table China milk market by product, 2019-2029
Chart China milk market by product, CAGR historic and forecast, 2019-2029
Chart China milk market by product, 2019-2029
Table China milk market by distribution channel, 2019-2029
Chart China milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart China milk market by distribution channel, 2019-2029
Table China milk market share (%), by companies, 2019-2023
Chart China milk market, by companies, 2023
Table China milk market share (%), by brands, 2019-2023
Chart China milk market, by brands, 2023
Table China – population (millions) and forecast
Table China – consumer price index (CPI) and forecast
Table China – gross domestic product and forecast
Table China milk market: spend as a proportion of GDP (%)
Table China milk market: consumption per capita (population)