Milk has the potential to become Uganda's biggest revenue generator

Published 2023년 5월 26일

Tridge summary

Pearl Dairy Farm, the maker of Lato Milk, is urging stakeholders in Uganda's dairy sector to invest to tap into the sector's potential to generate value-added revenue. CEO Amit Sagar launched Project Prosperity, aimed at increasing production and income, and called for investment in quality production and consistent milk supply. He pointed out that Uganda's milk production per cow is low due to poor diet and lack of knowledge, but the country has potential for billions of liters of milk for export annually. The dairy sector, which is one of Africa's biggest milk exporters, could earn a billion dollars over the next decade, according to Sagar. The sector needs to reduce production costs and stabilize producer prices for both the producer and the processor.

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

Original content

Pearl Dairy Farm, maker of Lato Milk, said that stakeholders in the milk value chain must invest properly to realize the capacity of the dairy sector, which has the potential to become Uganda's main value-added revenue generator. Speaking at the launch of Project Prosperity, which aims to triple production and income in the city of Mbarara, Amit Sagar, CEO of Pearl Dairy, said the missed opportunity in Uganda's dairy sector is worrying as smallholder farmers lose up to $4 per cow per day due to low milk production. This, he said, hampers the country's ability to explore export markets, many of which lack adequate environments to produce natural and organic milk. Therefore, said Sagar, to explore the country's potential it is necessary to invest in prospects that guarantee the quality of production, quantity and supply of milk throughout the year. This, he said, will involve providing inputs, which, among others, include a variety of species, cow feed, and creating feed ...

Source: Milkpoint