Over 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 demand for milk and dairy products. In the coming years, the industry's prospects will be tied to global economic conditions, recessionary recovery, domestic seasonal conditions in major exporting countries and product innovation. Furthermore, the availability of pastures, feed costs, environmental costs of dairy production and trade liberalization policies will also affect the performance of operators in the industry.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.