China seeks more dairy

CHINA - China is eating its way through 25 million tonnes of dairy a year and its taste for dairy is growing every day, according to agribusiness bank, Rabobank.
calendar icon 15 November 2006
clock icon 1 minute read
Already the second-largest dairy market in Asia, Chinese consumption of dairy products has more than doubled over the past five years.
A newly-released report from Rabobank said growth had been driven by growing affluence, rising nutrition awareness, fast-expanding retail chains and dairy industry investment in brands and promotion.

Rabobank Food and Agribusiness senior analyst Lillian Lou said in addition to growing strongly, the nature of demand for dairy in China was also changing.

"The market is becoming more sophisticated with consumers moving from milk powder to UHT milk," she said.

Source: theweeklytimes.news.com.au
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