Latin American dairy farmers have great market opportunities
Published Oct 26, 2022
Tridge summary
The growing global demand for milk offers opportunities to Latin American producers who are exporters, said the president of the International Dairy Federation (FIL), Piercristiano Prazzale. During the sixteenth Pan-American Milk Congress, held in Quito, the director stated that "from now to 2030, world trade will grow at 3% per year, and the demand will be led by China, Southeast Asia and Africa.
Original content
The growing global demand for milk offers opportunities to Latin American producers who are exporters, said the president of the International Dairy Federation (FIL), Piercristiano Prazzale. During the sixteenth Pan-American Milk Congress, held in Quito, the director stated that "from now to 2030, world trade will grow at 3% per year, and demand will be led by China, Southeast Asia and Africa. The United States will consolidate its presence exporter and New Zealand will have a lower export surplus". Likewise, he pointed out that India aims to consolidate itself as the world's leading producer and consumer of milk by 2030. He added that "there is a market opportunity that could well be taken advantage of by the South American and Latin American dairy sector." South America "has an abundance of natural resources to become a stronger global player, although it will be limited by political and economic factors." (Read: Future of specialized dairy in Colombia is uncertain: Bancolombia) ...
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