China: Will the price of goat milk powder increase in the future if the industry threshold is raised?

Published 2021년 11월 30일

Tridge summary

The State Administration for Market Regulation of China has announced new regulations for the labeling and identification of powder products, including milk powder. The rules state that if the product name indicates a specific animal origin, then the source of milk protein used must also be from that species. This means that products currently labeled as "half goat" milk powder, which use cow whey, will no longer be able to use that label. While this may increase costs for companies, it is expected that product prices may remain stable. The announcement is also expected to drive up the price of goat whey powder, which is currently expensive compared to cow whey powder. The regulations are also expected to drive out small and medium-sized goat milk powder companies, increasing market concentration.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China Business Daily (Reporter Zhou Ziying/Picture) The "half goat" milk powder that uses cow whey in its products can no longer be called goat milk powder. Recently, the State Administration for Market The Announcement on the Labeling and Identification of Powder Products (hereinafter referred to as the Announcement) clearly stipulates the source of milk protein in goat milk powder. In the eyes of industry insiders, although many "half goat" milk powder companies will face the pressure of rising costs in the future, the end products Prices may remain stable. None of these products can be called goat milk powder in the future Article 4 of the announcement clearly stipulates that if there is a certain animal origin in the product name, the source of milk protein such as raw milk, milk powder, whey powder, etc. should all come from that species. There are two or two types of milk protein raw materials used. If there are more than species of animal origin, the proportion of various ...
Source: Chinaeconomy

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