Welcome to the November issue of China Dairy News
In 2025, the global economy has shown resilience amidst multiple challenges. The IMF estimates a growth rate of 3.2% for the year 2025. Against this backdrop, the Food and Agriculture Organization of the United Nations forecasts a 1.4% increase in global milk production, primarily driven by Asia, and Central and South America, but trade volume has contracted due to high prices and increased self-sufficiency in some countries.
Chinese economy is advancing steadily, with a GDP growth of 5.1% YoY in Q1–Q3 2025. Structural upgrades continue to emerge. From January to October, the share of online retail sales of physical goods rose to 25.2%, while the value-added of the equipment manufacturing industry grew by 9.5%, contributing 58.7% to industrial growth. Emerging fields such as new energy and the low-altitude economy are gaining momentum.
Chinese dairy industry is accelerating innovation and transformation, focusing on probiotics and precision nutrition. Junlebao released a "Maternal Nutrition" white paper, Mengniu launched Hi188 children's probiotics, and Fonterra reached a strategic cooperation with Xbiome. The industry is capitalising on the policy window to capture the high-end market, driving the upgrading and precision-oriented development of domestic formulations.
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