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Growth Forecast in Worldwide Milk Consumption

June 1, 2009: 08:58 AM EST
Global consumption of milk and other liquid dairy products is expected to increase by a compound annual growth rate (CAGR) of 2.2 percent over the next three years. In a media release, Tetra Pak, the world leader in food processing and packaging solutions, said that global consumption of liquid dairy products, excluding soy and dairy alternatives, reached a record high of 258 billion litres in 2008, an increase of 1.6 percent over the previous year. Nearly 96 percent of the growth is in emerging markets, such as India, Pakistan, China and the Middle East.
"Tetra Pak forecasts continued growth in global milk consumption over the next three years", Tetrapak.com, June 01, 2009, © Tetra Pak International
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