29-01-2013 08:48 AM
| China
Dairy sector facing the 'biggest opportunity ever'
DeLaval, the global producer of dairy and farming machinery, is predicting demand for dairy products will triple in China over the next 15 to 20 years.
Markku Vauhkonen, the company's regional president in East Asia, said China's rapid urbanization and increasing disposable income have prompted a huge rise in the consumption of dairy products, and the country's dairy industry is facing "the biggest opportunity ever".
However Vauhkonen also warned it is facing potential problems, which have to be overcome if that potential is to be realized.
Markku Vauhkonen, the company's regional president in East Asia, said China's rapid urbanization and increasing disposable income have prompted a huge rise in the consumption of dairy products, and the country's dairy industry is facing "the biggest opportunity ever".
However Vauhkonen also warned it is facing potential problems, which have to be overcome if that potential is to be realized.
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