Asia’s middle classes to drive dairy growth 30%

RISING purchasing power among Asia’s middle classes will help drive 30% growth in global demand for milk by 2020, according to a new report by food packaging group Tetra Pak.

With global interests, Tetra Pak’s annual dairy index makes for very positive reading for Irish milk producers and processors, who have a collective target of increasing Irish dairy output by 50% in the same timeframe.

Demand in the core area of liquid milk is to rise 30%. Other liquid products such as flavoured milk and drinking yoghurt will see a 60% growth in demand.