Domestically produced milk only meets 40% of demand in Vietnam

Published 2024년 4월 23일

Tridge summary

At a seminar focused on transforming Mang Yang - Gia Lai into a dairy paradise, Associate Professor Dr. Tran Quang Trung, Chairman of the Vietnam Dairy Association, discussed the growth and untapped potential of Vietnam's dairy industry. He pointed out that despite the dominance of liquid and powdered milk in the market and an annual increase in milk output, Vietnam's raw milk production satisfies only about 40% of domestic demand, highlighting significant opportunities for expansion. The industry aims to cater to the young, economically growing population's preference for high-value, quality, and organic products. Mang Yang, with its ideal natural conditions for dairy farming, is expected to enhance the supply of fresh milk through the importation of high-yield dairy cows and the adoption of modern production technologies, aligning with sustainable and circular agricultural practices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn Associate Professor. Dr. Tran Quang Trung - Chairman of the Vietnam Dairy Association shared about developing milk raw material areas and building a brand for Vietnamese milk at the seminar "Building Mang Yang - Gia Lai into a dairy paradise." ", organized by Thanh Nien Newspaper on the morning of April 16. Associate Professor-Dr. Tran Quang Trung - Chairman of Vietnam Dairy Association According to Associate Professor-Dr. Tran Quang Trung, the revenue structure of Vietnam's dairy market is mainly liquid milk and powdered milk with a market share of over 70%, followed by yogurt products. Every year, milk output always maintains growth momentum. In 2023 alone, according to the General Statistics Office, the country's fresh milk output is estimated to reach 1,860.8 million liters, an increase of 7.5% compared to 2022; Powdered milk reached 154,800 tons, a slight increase of 0.1% compared to 2022. Liquid milk and powdered milk output in the period 2019-2023. ...

Source: AgroInfo.vn