date:Aug 19, 2013
mpanies to account for 80 percent of the domestic market, with the largest three-to-five firms targetting annual sales of over five billion yuan ($818.00 million), the report said.
The newspaper said Feihe International and Wondersun Dairy were also likely to gain from the consolidation plan, but gave no further details.
Analysts said the consolidation drive is part of a broader plan to boost consumption of local product and allay fears about food safety following a 2008 scandal, when formula