China’s Milk Output Falls Amid Shifting Consumer Tastes
China’s dairy industry is experiencing its first production decline in five years, with liquid milk output dropping 2.8% to 27.4 million tons in 2024. Total dairy product output also fell by 1.9% to 29.6 million tons, marking a significant shift from the previous years’ growth trends. This downturn is attributed to evolving consumer preferences and […]