date:Jan 09, 2014
e.
Fonterra controls roughly one-third of global dairy exports and is a major wholesale supplier of milk powder used in milk formula and other food products marketed by Danone, Nestle and other multinationals.
The food safety scare and drought conditions in New Zealand which curbed supply in early 2013 has highlighted the risk of over-reliance on one supplier, and some dairy brands in China have started to look to diversify their supply.