date:Jan 16, 2020
minary long-term growth ambition of mid to high-single digit organic sales growth per year until 2024/25, he concludes.
Market development
The end markets for Chr. Hansens fermented milk grew by 1 to 2 percent in the first three months of 2019/20, driven by Asia-Pacific and Latin America, while Europe, Middle East and Africa was flat, and the US declined slightly. Meanwhile, the global production of cheese grew by around 1 percent, primarily driven by North America and Latin America.
Globally