China struggles with milk glut as demand slows and herds expand
China’s dairy industry is grappling with a massive surplus of milk as production continues to rise while domestic demand weakens. After years of aggressive herd expansion and government-backed self-sufficiency drives, the country is now facing one of its largest oversupply situations in recent memory. According to recent reports, China’s milk output has reached nearly 42…
Navigating China’s Oversupply: Growth Strategies in Dairy
After nearly 30 years of dynamic development, China’s dairy sector has emerged as the world’s second-largest. According to NielsenIQ, however, this juggernaut now faces a critical juncture: production has surged while per‑capita consumption lags behind. Between 2018 and 2024, raw milk output jumped 31.6%, while productivity per cow improved 11.7%. Yet in the same period, per‑capita…