Japan dairy companies bet on Asia exports as demand slows at home

Megmilk targets Thailand while Yotsuba Milk seeks higher Singapore sales

Megmilk Snow Brand will add Thailand to the list of Asian markets where its long-life milk products are sold.

YUSUKE YAGI, Nikkei staff writer

July 18, 2023 03:05 JST

TOKYO -- Japanese milk producers Megmilk Snow Brand and Yotsuba Milk Products will expand dairy exports to Asian markets to secure new revenue streams as prices hikes dent demand at home.

Megmilk will soon start exporting its "Hokkaido" brand long-life milk to Thailand. It already ships the product to Singapore, Taiwan, Hong Kong and Palau.