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While developing countries will become most important producers of milk, a modest increase in consumption of dairy products – with the exception of cheese and fresh dairy products - is expected in developed countries. By 2021, the consumption of all dairy products is expected to increase by about 30 per cent in developing countries.
Interestingly again, developing countries under the lead of India and China are projected to overtake developed countries in milk production by 2013.
Responses are invited from readers. They may be sent to agribiz@thehindu.co.in
Keywords: global agricultural commodity prices, COMMODITY FOCUS column, OECD-FAO Agricultural Outlook 2012-2021, bio-ethanol and biodiesel
While developing countries will become most important producers of milk, a modest increase in consumption of dairy products – with the exception of cheese and fresh dairy products - is expected in developed countries. By 2021, the consumption of all dairy products is expected to increase by about 30 per cent in developing countries.
Interestingly again, developing countries under the lead of India and China are projected to overtake developed countries in milk production by 2013.
Responses are invited from readers. They may be sent to agribiz@thehindu.co.in
Keywords: global agricultural commodity prices, COMMODITY FOCUS column, OECD-FAO Agricultural Outlook 2012-2021, bio-ethanol and biodiesel
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