Analysts predict growth in consumption of cheese and butter in Russia

Published 2023년 3월 31일

Tridge summary

Russia's milk production is projected to grow by 3% in 2023, reaching 25.5 million tons, which is expected to drive an increase in the consumption of dairy products, particularly cheese and butter. According to the National Union of Milk Producers, cheese consumption is predicted to rise from 7 kg to 7.21 kg per capita, and butter from 2.8 kg to 2.9 kg per capita by the end of the year. There is potential for butter consumption to reach 3 kg per capita in the future. The head of the Center for Industry Expertise of the Russian Agricultural Bank, Andrey Dalnov, highlights the potential of milk processing into products with a longer shelf life as a key to market balance. Exports of Russian dairy products, mainly cheese, have seen a significant increase over the past decade, with over 35 countries receiving these exports.

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Original content

In connection with the growth of milk production, the volume of its processing will increase and the consumption of dairy products, in particular cheese and butter, will increase. This was stated by the head of the Center for Industry Expertise of the Russian Agricultural Bank Andrey Dalnov, his words are quoted in the message of the financial organization. According to the calculations of the National Union of Milk Producers (Soyuzmoloko), the production of marketable milk in Russia in 2023 may increase by 3% compared to 2022, to 25.5 million tons. According to analysts of Rosselkhozbank, with the growth of milk production, the consumption of processed products will increase: cheese and butter. According to experts, cheese consumption will increase from the current 7 kg per capita to 7.21 kg, butter - from 2.8 kg to 2.9 kg per person by the end of 2023. And taking into account the fact that production is actively increasing, in the coming years the consumption of butter can reach ...

Source: Milknews