China’s dairy market: Lactose intolerant, yet increasingly health-conscious
China is one of the world’s largest dairy markets after the US and remains the largest importer of dairy products globally. The market continues to expand in value terms, reaching USD 74.2 billion in 2025 and projected to grow to USD 93.6 billion by 2031, despite broader FMCG stagnation, where total market value grew by […]