US Dairy Processors Must Be Versatile to Compete in Southeast Asia | CoBank - CoBank Site

US Dairy Processors Must Be Versatile to Compete in Southeast Asia

June 24, 2021

Key Points

U.S. milk production continues to expand faster than domestic demand. The answer to abundant milk is export markets, but serving them requires strategic investment.
With a growing population and rising middle class, Southeast Asia is the biggest growth opportunity for U.S. dairy exporters.
With a diverse population, Southeast Asian consumers will demand a variety of dairy products, particularly those that use heat-stable ingredients.
Other major dairy exporters, specifically Oceania and the EU, face production headwinds, potentially enabling the U.S. to capture market share.
To successfully compete in the vast Southeast Asian market, the U.S. must work to lower trade barriers while U.S. processors must invest in manufacturing technology to adapt to diverse and evolving dairy consumer needs.

Disclaimer: The information provided in this report is not intended to be investment, tax, or legal advice and should not be relied upon by recipients for such purposes. The information contained in this report has been compiled from what CoBank regards as reliable sources. However, CoBank does not make any representation or warranty regarding the content, and disclaims any responsibility for the information, materials, third-party opinions, and data included in this report. In no event will CoBank be liable for any decision made or actions taken by any person or persons relying on the information contained in this report.

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