Bellamy's Organic chief executive Laura McBain says demand for the company's products in China will continue to soar.
"There is a huge market opportunity that still exists for Bellamy's in China in terms of gaining additional market share."
Business is booming, and is continuing to do so. Market is huge, plenty of room to grow market share in years to come
"It won't have an impact on the demand for Bellamy's going forward."
"For us, what it really means is any net difference for any purchases of 500 RMB is 1.9 per cent; in reality, the impact is actually quite small overall on the pricing," Ms McBain said.
Zero impact on demand via eCommerce channel
But the tax will not be applied to products sold on the lucrative grey market, or customers selling products to one another.
Daigou business not impacted, business as usual. The demand engine is firing on all cylinders, ready to lap up extra Fonterra stock...
"It really does depend on the farm. In order to get real scale, though, we are really three years away. But our vision is to be able to achieve a significant portion of Bellamy's organic milk to be coming from Australian farmers."
