Business / Companies

Lactalis sets sights on infant formula market

By Qiu Quanlin in Guangzhou (China Daily) Updated: 2014-05-24 07:27

More than 1,000 overseas dairy producers, 41 of which make infant formula milk powder, have received entry approval from Chinese authorities, according to the Xinhua News Agency.

Lactalis sets sights on infant formula market
Dumex donates $1.65m in infant formula to Chinese NGOs 

Lactalis sets sights on infant formula market
 China tightens regulation on infant formula makers

Demand for imported milk soared after 2008 when some Chinese suppliers were found to have added melamine, an industrial chemical that can cause kidney damage and other injuries, to infant milk products.

In 2013, overseas milk powder brands held 54 percent of the market in terms of value, Xinhua reported.

In the first two months of 2014 alone, Chinese consumers bought some 301,000 metric tons of milk powder, up 79.3 percent from a year earlier, according to Xinhua.

Under the new rules, foreign dairy companies must ensure their products comply with China's safety standards and are registered with the General Administration of Quality Supervision, Inspection and Quarantine.

"The move is a fresh effort by the Chinese government to further regulate the country's dairy market for better product quality and weed out the unqualified products, especially fake foreign brands that are actually from local makers," said Wang.

Lactalis sets sights on infant formula market
Lactalis sets sights on infant formula market

Feihe to acquire goat milk firm

Different kind of milk crisis: Not enough local feed for dairies

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...