Western Europe led the way in 2011 with over 300 kg consumption per head, followed by Latin America with 130 kg, Asia with around 50 kg and Africa with 40 kg.
Consumption globally has risen in the last seven years by between 2% and 3% per year. This growth has firstly been driven by an increase in consumption per head and secondly by the global population growth. The UNO estimates that this level of annual growth will continue for the foreseeable future.
However, the continued growth in the world population by up to 30% by 2050 (compared to 2000) coupled with a yearly increase in milk demand of 3.2% could mean shortages leading to a price increase in the near future.This could then lead to an increase in exports of Swiss milk in the future.
The outlook for milk powder in the future is excellent. The FAO/OECD is likewise predicting a strong increase in demand, with an anticipated rise of 26% for full milk powder and 22% for low-fat milk powder.
Source: IDF International Dairy Federation
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