In 2023, the import of fermented milk to China was recorded as actual data (the value is not provided). From 2024 onwards, forecasted data reveals a steady rise in import values, starting at 10.264 million USD in 2024 and reaching 10.545 million USD by 2028. The year-on-year growth from 2024 to 2028 shows marginal increases, reflecting stable demand.
Future trends to watch for include:
- Increasing consumer demand for health and wellness products, which could drive further growth in the fermented milk market.
- Market entry of new international players and innovative products may heighten competitive dynamics.
- Government regulations and trade agreements impacting import tariffs and duties that could influence import volumes.