Ageing populations, urbanisation and an emerging global middle class are driving demand for new types of liquid dairy products* (LDP) in both developed and developing countries, reports the Tetra Pak newsletter, which tracks worldwide facts, figures and trends in the global dairy industry.

Said Tetra Pak President and CEO Dennis Jönsson, “The population in many countries will have more time, money and education than ever before. They’ll also be more active and vibrant. As people live longer, they also plan their lives differently. Dairy producers who can meet the changing needs of this demographic segment will realise significant growth opportunities.”

According to Kandarp Singh Marketing & Product Management Director, Tetra Pak South Asia Markets, “Carton milk continues to see strong growth in its early stages of entry in the Indian market - we are very optimistic that this trend will only accelerate. In fact, to the point that maintaining supply could become a challenge.”

LDP consumption back on track

Worldwide consumption of milk and other LDP is expected to grow at a compound annual growth rate (CAGR) of 2.4% from 2009 to 2012 — reaching 283 billion litres. This is up 0.2 percentage points compared to the previous forecast of 2.2% CAGR. Worldwide LDP consumption increased year-on-year by 1.8% to 264 billion litres and demand has continued to be strong through the first half of 2010.