During the past five years, high volatility in the international dairy market has had a significant impact on the performance of the Global Milk and Cream Manufacturing industry. Economic growth and rising affluence in the growing economies of Asia, South America and the Middle East led to a rapid increase in the demand for milk and dairy products. This growing demand coincided with falling supplies from traditional milk exporters, such as Australia and New Zealand, due to adverse climatic conditions, high feed costs and the difficulty of expanding herds quickly.
This industry comprises establishments that are mainly engaged in grading, filtering and chilling fresh liquid whole milk or cream. Operators are also involved in manufacturing, bottling or cartoning pasteurized liquid whole milk; flavored liquid whole or skim milk; liquid skim milk; liquid standardized milk; milk powder; cream; sour cream; or buttermilk.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.