Global Dairy Market - The Facts
International demand for dairy products is expected to continue to increase by over two per cent each year according to the Food and Agriculture Policy Research Institute (FAPRI).
This growth is being driven by:
- Incomes in new and emerging markets, such as China and the Middle East, are increasing and dairy is becoming more affordable for consumers in these countries
- People throughout Asia are increasingly adopting western diets and tastes - this includes an appetite for dairy
- Consumers becoming more aware of health and nutrition
- People are increasingly looking for food that is both easy to prepare and good for you
- The dairy industry is continually developing new products and new ways of providing customers with the benefits found in dairy
