Food Industry News

BCG predicted growth in the global sales of milk

The global volume of milk sales in the next three years will rise to 800 500 billion dollars with billions of dollars at the end of the year 2015, writes "BBC News," referring to the forecast of The Boston Consulting Group International Consulting Company (BCG).

“Prospects for revenue indicators are pretty bright: analysts predict that by 2020, sales will be 800 billion dollars, but companies cannot expect to succeed only due to increased demand,” says the BCG report.

As the company, in 2015, the category of dairy products showed the most significant and rapid revenue growth in the sector of food and beverages: sales volume worldwide has reached 500 billion dollars.

BCG notes that, in Russia, the problem of low investment activity in the sector remains unsolved. "The reasons for this - a disproportionately high cost of credit resources and the general unattractiveness of dairy cattle for investors because of the large payback period of investments in comparison with, for example, from pigs or poultry, where the payback period of investment projects is 5-7 years against 10-15 years milk ", - the report says.

Despite the introduction of Russian prodembargo at BCG opinion, the deficit of raw milk is stored.

"Opportunities for increasing its production in the short term is limited, according to a study" Soyuzmoloko "stagnating (2013 - 30,5 million tons, 2014 - 30,8 million tons, 2015 - 30,8 million tons) and reducing the number of cows (2013 - 8,7 million head, 2014 - 8,5 million head, 2015 - 8,4 million head) ", - the report says.

See also ... 23/06/2014 Milk warmed up 11/04/2016 Export of Estonian dairy products fell by one third 30/12/2013 In 2014 Ukraine is expected to increase milk production by 1,1% 23/01/2014 Western Ukraine dairy producers are worried about APM11/08 / 2016 The European Union refuses to buy Ukrainian milk 08/11/2013 Milk Alliance plans to occupy 25-27% of the Ukrainian market of dairy products for children14/01/2014 Belarus canceled the technical regulation for milk 04/02/2016 Estonian concern Tere faces bankruptcy10/07/2014 Valio managed to find a replacement for the Russian market26/07/2016 The growth of the Baltic dairy sector threatens Finland 03/11/2015 Arla Foods and Molvest launched a new production 19/11/2014 Vietnamese TH Milk enters the Russian market 04/05/2016 Milk and cheese prices in US falls due to Russia 10/02/2016 Foreigners look at Latvian Latvijas piens 19/05/2015 Estonian milk exports have already dropped by 17%

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