DUBLIN–(BUSINESS WIRE)–The “Research Report on Southeast Asia Dairy Products Industry 2023-2032” report has been added to ResearchAndMarkets.com’s offering.
Due to the inherent resource constraints, milk production in Southeast Asia is low and cannot meet domestic demand.
In Vietnam, for example, in 2021, Vietnam has more than 28,000 dairy farms and dairy farmers with nearly 375,000 cows and a fresh milk production of about 1.2 million tons, which can only meet about 40% of the domestic market demand, and the remaining nearly 60% needs to be imported from overseas. Strong economic growth and limited potential milk production have led dairy producers to expand exports to Southeast Asia.
According to the publisher, there are significant differences in per capita dairy consumption in Southeast Asia. In recent years, Singapore consumes a large number of dairy products, while the rest of the countries have one of the lowest per capita consumption of dairy products in the world.
With the economic development of Southeast Asian countries, the residents’ living standards have improved, the diet structure has changed, and the per capita consumption of meat and dairy products and other high-protein foods tends to increase, so the dairy products industry in Southeast Asia has a wide scope for future development.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021.
The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.
The dairy industry in Southeast Asia to maintain its growth trend from 2023-2032.
Topics covered:
Southeast Asia Dairy Products Industry Outlook 2023-2032
Key Topics Covered:
1 Analysis of the Dairy Products Industry in Singapore
1.1 Singapore Dairy Products Industry Development Environment
1.1.1 Geography
1.1.2 Population
1.1.3 Economy
1.1.4 Minimum Wage in Singapore
1.2 Dairy Products Industry Operation in Singapore 2018-2022
1.2.1 Singapore Dairy Products Industry Production Status
1.2.2 Singapore Dairy Products Industry Sales Status
1.2.3 Singapore Dairy Products Industry Import and Export Status
1.3 Analysis of Major Dairy Product Companies in Singapore
2 Analysis of the Dairy Products Industry in Thailand
3 Analysis of the Philippine Dairy Products Industry
4 Malaysia Dairy Products Industry Analysis
5 Indonesia Dairy Products Industry Analysis
6 Vietnam Dairy Products Industry Analysis
7 Analysis of Myanmar Dairy Products Industry
8 Brunei Dairy Products Industry Analysis
9 Laos Dairy Products Industry Analysis
10 Cambodia Dairy Products Industry Analysis
For more information about this report visit https://www.researchandmarkets.com/r/b4pr07
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