Plant-based bubble bursts
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Exactly five years ago Fonterra launched its first Anchor milk product in China, today it is sold in 13,000 stores in 220 Chinese cities.
New Zealand's dairy farmer leaders have been told that while global demand for milk is great, there is no future without China.
China's digital world is second to none, but Fonterra isn’t putting all its eggs in one basket in selling fresh and packaged food.
Fonterra shareholders could end up losing over $1 billion on the co-op’s controversial investment in Chinese infant formula company Beingmate, says business commentator Rod Oram.
Yoghurt and cheese have been winning categories in China in recent years, says market intelligence agency Mintel.
New Zealand agriculture may soon feel the waves from intensifying trade conflict between the US and China.
The China infant formula market has been very challenging for several dairy companies operating there for the last 18 months – not just Fonterra, says Rabobank senior dairy analyst Michael Harvey.
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