A ban slapped on British dairy products by the Chinese government opens up a major multi-billion euro opportunity for Irish dairy companies exporting there. Britain last week failed an inspection by Chinese government authorities, resulting in its imports being blocked under new food safety laws…Full Article: Independent.ie May 2014
- On 8 May 2014, China authorized 38 Irish companies to export dairy products, while allowing only six of 13 infant formula producers in New Zealand and zero British dairy producers to export
- Danone, Abbott, and Kerry Group, all top infant formula producers, have operations in Ireland
- In May 2013, Ireland’s dairy giant, Glanbia, signed a memorandum of understanding with Bright Foods Group to supply China with milk and infant formula
- Chinese imports of milk can be divided between non-concentrated (e.g. fresh) and concentrated (e.g. condensed, powder, etc.). Overall, China imports far more concentrated milk than fresh milk. New Zealand is China’s top supplier of both types of milk thanks in part to Fonterra, the country’s largest company.