Dairy Bussiness Worldwide: October - December 2016
In the year 2025: World dairy market trends and transformations
By Eric J. Brooks
And with growth shifting to immature, less sophisticated markets, the growth rate of industrial dairy goods like WMP in developed and developing countries will be 31% and 69%, respectively, decelerating at annual rates of 2.2% and 2.1%, respectively.
The deceleration in demand growth for internationally traded dairy goods in our decade is also impacting the world's top dairy exporters. With their own domestic markets flat and world demand growth falling off, the combined dairy output of New Zealand, Australia, America and the EU is rising by only 1.2%. In particular, by 2025, combined milk output of Australia and New Zealand will have risen by only 4.8 million tonnes - less than India’s annual output increase over the next decade.
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