Fonterra to expand into premium dairy segment

Fonterra executives said the company will focus on lower-tier cities and enhance innovations to encourage consumption of cheese and butter at restaurants in China. — China Daily

SHANGHAI: Fonterra Group, a New Zealand-based dairy and nutrition multinational corporation, says it will expand its China business into premium categories to serve health-conscious consumers.

Fonterra executives said the company will focus on lower-tier cities and enhance innovations to encourage consumption of cheese and butter at restaurants in China.