Tridge summary
The 'World Dairy Industry Trends Report', published by IDF in collaboration with major dairy organizations, provides statistical data on milk production, consumption, and trade in over 50 countries, as well as insights into the challenges and opportunities faced by the dairy industry. The report highlights the growth of the alternative beverage market as a threat to the dairy industry and emphasizes the need for stronger regulations. Despite the impact of COVID-19 and the war in Ukraine on crude oil production, it is projected to recover in 2023, with some countries showing signs of recovery. The report also mentions a decline in dairy production and demand, leading to price increases and a decrease in global dairy trade volume in 2022. FAO and OECD predict a further decline in the dairy industry due to factors such as environmental and health concerns, the expansion of the alternative food market, and increased environmental regulations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
[Reporter Min Byeong-jin, Livestock News] Recently, IDF published its flagship publication, ‘World Dairy Industry Trends Report’. This report is the product of close collaboration between major dairy-related organizations around the world and IDF experts, and provides statistical data on raw milk production, consumption and trade in over 50 countries around the world, as well as insight into supply and demand, and the challenges and opportunities facing the dairy industry. is providing. Accordingly, we briefly introduced the contents of the ‘2023 Global Dairy Industry Trend Report’ through the ‘Global Dairy Report November issue’ published by the Dairy Promotion Association (Chairman Kim Seon-young). The growth of the alternative beverage market is threatening... Strengthening regulations on the dairy industry ▲Crude oil production, processing and consumption trends Crude oil production seemed to increase despite the continued aftermath of COVID-19 in early 2022, but began to ...
Source: Chuksannews
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