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Fonterra expands in China to target lower-tier cities amid rising demand for dairy.
The world's largest dairy exporter, Fonterra, is expanding its focus on China’s growing market by targeting lower-tier cities and increasing product innovation.
The company notes significant room for growth as dairy consumption remains low, while demand for higher-quality ingredients like butter and cream rises in the foodservice sector.
To support this strategy, Fonterra is investing NZ$75 million to boost production and opening application centers to develop local products.
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Fonterra se expande en China para apuntar a ciudades de nivel inferior en medio de la creciente demanda de productos lácteos.