As China&39;s economy continues to recover, the consumer market shows a moderate rebound. According to the Natioferrous fumarate-docusatenal Bureau of Statistics, China&39;s GDP grew by 5.3% year-on-year (YoY) in Q1 2024, and per capita disposable income increased by 6.2% YoY, both indices showing a 0.1 percentage point imprferrous fumarate 210mg elemental ironovement over the ferrous fumarate 305mgsame period in 2023. Additionally, the total retail sales of consumer goods in China grew by 4.7% YoY in Q1 2024. However, despite the recovery in most consumer goods sectors, the dairy industry’s rebound fell short of expectations. Nielsen IQ data reveals that dairy sales across all channels decreased by 2.4% YoY in 2023 and 3.1% YoY in Q1 2024. UHT white milk remains the most significant category, with its share in dairy consferrous gluconate priceumption increaunited home ferrous sulfate for pregnantsing yearly.
Exploring New Growth Opportunities in China’s Dairy Market Slowdown
