Journal of Dairy Science and Biotechnology
- Volume 30 Issue 1
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- Pages.11-16
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- 2012
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- 2733-4554(pISSN)
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- 2733-4562(eISSN)
Global Dairy Industry and Current Situation: III. 2010 World Dairy Report
세계 낙농산업 동향: III. 2010년 현황을 중심으로
- Song, Soo-Yeon (Division of Animal Science, Chonnam National University) ;
- Oh, Se-Jong (Division of Animal Science, Chonnam National University)
- Received : 2012.04.30
- Accepted : 2012.05.30
- Published : 2012.06.30
Abstract
During the 2009 global economic downturn, the dairy industry was also affected. Global milk production had gradually decreased, and the dairy industry was failing. However, in 2010, China's sudden consumption increase of dairy products, the price of dairy products recovered due to the great demand in China. The Asian continent as a whole played a significant role in maintaining the health of the global dairy industry, by preventing its total collapse. Currently, the price of all dairy products, except that of whole milk powder, has increased. The International Dairy Federation (IDF) expects that milk production will grow by 2% annually over the next 10 years, owing to Asia's high demand for all kinds of dairy products.