Our China Dairy Expertise
If you are viewing from greater China, please visit our NZMP China website here.
1.4
billion people in China make this an exciting market1
17%
domestic demand for dairy is projected to grow in the next five years at 3.2% CAGR2
80%
are more aware of the importance of immunity after the pandemic3
47%
of senior* consumers want to improve health through protein replenishment4
* aged 50-65
References
- [1] GlobalData, Population of China, Macroeconomic database, 2022
- [2] Passport, Euromonitor, Dairy Products and Alternatives: Euromonitor from trade sources/national statistics, 2023
- [3] Mintel’s Immunity and Gut Health Management – China, 2023
- [4] Mintel: senior consumers health management, China, 2023
With a market of almost 1.4 billion people, the future of dairy in China is really exciting. China is already the world’s largest dairy importer and domestic demand is rising fast and is projected to grow 40% in the next five years.
NZMP has been in China for many years and we have the team and the services to provide this market the focus it deserves.