date:Aug 02, 2013
d European families.
This drive for foreign supply, in a Chinese infant formula market projected to double in value to $25 billion by 2017 according to research firm Euromonitor, comes at a welcome time for EU producers preparing to emerge from a milk quota system.
For the first time since quotas were introduced in 1984, to halt chronic oversupply resulting from the production-focused farm subsidies of the time, EU countries will have the scope to increase freely their output.
Profitable Gree