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Growing global demand for milk offers opportunities for South America and Latin America

Published Oct 27, 2022

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The growing global demand for milk, which aims to consolidate India as the world's largest producer and consumer by 2030, opens up opportunities for Latin America, said the president of the International Dairy Federation (FIL), Italian Piercristiano Brazzale.

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Updated a day ago The growing global demand for milk, which aims to consolidate India as the world's largest producer and consumer by 2030, opens up opportunities for Latin America, said the president of the International Dairy Federation (FIL), Italian Piercristiano Prazzale "Until 2030, world trade will grow 3% per year, and demand will be led by China, Southeast Asia and Africa. The United States will consolidate its export presence and New Zealand will have a smaller export surplus," he said during the 16th Congress. Pan-American Games de la Leche, on Wednesday in Quito. Prazzale added that "there is a market opportunity that can be seized by the South American and Latin American dairy sector." He noted that South America "has an abundance of natural resources to become a stronger global player, although it is limited by political and economic factors". "It's a little bit the opposite of what we saw happening in India, where the right policies will mean that by 2030 it will ...
Source: Milkpoint
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