date:Mar 06, 2014
k powder manufacturers to 50 from 127.
The government vowed to nurture 10 large-scale dairy entities with an annual income of more than 2 billion yuan to make up in excess of 70 percent of the market in five years.
Inner Mongolia Yili Industrial Group Co Ltd, China Mengniu Dairy Co Ltd and Bright Dairy Food Co Ltd hold a dominant share of the milk industry as larger operators seize control of the market and scoop up smaller players, according to estimates from Euromonitor International.
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