Transcript of "Brazil Milk and Dairy Products Market Outlook to 2015"
EXECUTIVE SUMMARYThe Report titled “Brazil Milk and Dairy Products Market Outlook to 2015” provides a comprehensive analysisof the milk and dairy products industry in Brazil.The report covers the total cow milk production, fluid milkconsumption, segmentation on the basis of dairy products such as butter, cheese, skim milk powder, milk drinksand fermented products, cream, condensed milk and whey powder and volume of net trade for dairy products. Itoffers prevalent trends and developments in the industry, future opportunities and competitive landscape of theprominent players operating in the country. The report also includes information on the major macroeconomicindicators regressed for estimating the market for milk and dairy products in Brazil.In terms of milk production, Brazil is ranked sixth among other nations worldwide with the production ofapproximately 27.9 million litres of milk in the country in 2009. The country is developing ways and means fordeveloping and increasing the quantity of exports and also the domestic production capacity. Milk constitutes amajor segment of the agri-business and offers employment opportunities to almost 3.6 million individuals. Most ofthe milk production is concentrated in the Southeast and Southern region. The two regions constitute roughly65%-70% of the entire milk production in the country. Small farms contribute to nearly 10 litres of milk productionin a day whereas the large farms accounts for nearly 60,000 litres of milk production. Brazil has doubled its milkproduction in just 15 years. The cow milk production during the historical period from 2007-2009 has increased ata CAGR of 2.3%. The production increased from 26,750 thousand tonnes in 2007 to 27,968 thousand tonnes in2009.Manufacturing use for dairy products has increased over the period of time as are the number of dairy products.Milk is used in producing a number of dairy products such as butter, milk, cheese, skim powder, yogurt andothers. In 2009, 17,893 thousand tonnes of milk was used for manufacturing purposes.Brazilian dairy products include butter, cheese, skim powder, whole milk powder, milk drinks and fermentedproducts, cream, condensed milk and whey powder. In 2007, the market for dairy products stood at 1,315thousand tonnes. The market registered a growth of 10.1% in 2008 and then a decline of -9.6% in 2009, becauseof the economic depression. However, the market is expected to recover from the depression and bounce backagain in the forecasted period.The production of cheese in Brazil has primarily inclined due to higher demand for several types of cheese fromthe fast food industry. There is an intense competition within the cheese sector, characterized by the high level ofdisintegration and bulk sales of the low margin products such as mozzarella and plate cheese (semi-hardcheese). The cheese industry in Brazil registered a positive CAGR of 2.9% during the period from 2007-2009.The production of cheese increased from 580 thousand tonnes in 2007 to 630 thousand tonnes in 2008,registering a promising growth of 8.6%. However, the year 2009 registered a decrease in the growth rate. Thissector is expected to showcase a strong growth till 2015.Whole milk powder consumption has remained strong over the last decade. The growth in consumption has faroutstripped the production of whole milk powder domestically. Therefore, Brazil is one of the heavy importers ofwhole milk powder from Argentina and Uruguay. The government is endeavoring to reduce the alarming rise inthe import level. It is expected that demand and supply gap will widen despite the government measures largelydue to two major factors affecting the production and imports, 1) currency volatility 2) lower fluid milk productionand availability for the manufacturing use.
Scope of ResearchThe report will entail thorough analysis and valuable insights on the milk and dairy products industry in Brazil.The scope of the report includes: • The total Brazilian market of cow milk production and fluid milk consumption by volume, 2007 to 2015. • The Brazilian milk cow numbers and milk production per cow, by volume, 2007 to 2015. • The Brazilian dairy production by volume for butter, cheese, skim milk powder, milk drinks and fermented products, cream, condensed milk and whey powder, 2007 to 2015. • The Brazilian dairy consumption by volume for butter, cheese, skim milk powder, whole milk powder, 2007 to 2015. • Current statistics and Projections of the various Macro Economic Indicators, 2009 to 2015 for Brazil. • Competitive Landscape of the major companies (Brasil Foods, Itambe and Bom Gosto), key trends and developments and future outlook of the milk and dairy products industry in Brazil. 2
TABLE OF CONTENTS1. Brazil 1.1. Brazil Milk Market Introduction 1.1.1. Brazil Cow Milk Market Production and Fluid Milk Consumption by Volume, 2007-2015 1.1.2. Brazil Milk Cow Numbers and Milk Production per Cow, 2007-2015 1.2. Brazil Dairy Products Market Introduction 1.2.1. Brazil Dairy Products Market Production by Volume, 2007-2015 1.2.2. Brazil Dairy Product Market Production by Volume, 2007-2015 188.8.131.52. Butter 184.108.40.206. Cheese 220.127.116.11. Skim Milk Powder 18.104.22.168. Whole Milk Powder 22.214.171.124. Others (Milk Drinks & Fermented Products, Cream, Condensed Milk & Whey Powder) 1.2.3. Brazil Dairy Product Market Consumption by Volume, 2007-2015 126.96.36.199. Butter 188.8.131.52. Cheese 184.108.40.206. Skim Milk Powder 220.127.116.11. Whole Milk Powder 1.2.4. Brazil Dairy Product Market Net Trade by Volume, 2007-2015 18.104.22.168. Butter 22.214.171.124. Cheese 126.96.36.199. Skim Milk Powder 188.8.131.52. Whole Milk Powder 1.3. Trends and Developments in Brazil Milk and Dairy Products Market 1.4. Competitive Landscape 1.5. Brazil Milk and Dairy Products Market Future Outlook 3
1.6. Brazil Macro Economic Indicators: Current and Projections 1.6.1. Population, 2007-2015 1.6.2. GDP, 2007-2015 1.6.3. Inflation, 2007-2015 1.6.4. Unemployment Rate as a % of Labour Force, 2007-2015 1.6.5. Demographic Distribution of Population on the basis of Age, 2009-2010 1.6.6. Personal Disposable Income and Number of Households in Brazil, 2009-2010 1.6.7. Distribution of Income among Households, 2009-20102. Appendix 2.1. Market Definition 2.2. Abbreviations 2.3. Research Methodology Data Collection Methods Approach 2.4. Disclaimer 4
LIST OF FIGURESFigure 1: Brazil Cow Milk Production and Fluid Milk Consumption along with ManufacturingUse and Exports by Volume in Thousand Tonnes, 2007-2015Figure 2: Brazil Milk Cow Numbers in Thousand Head and Milk Production per Cow inKilograms, 2007-2015Figure 3: Brazil Total Dairy Products Market Production by Volume in Thousand Tonnes,2007-2015Figure 4: Brazil Butter Market Production by Volume in Thousand Tonnes, 2007-2015Figure 5: Brazil Cheese Market Production by Volume in Thousand Tonnes, 2007-2015Figure 6: Brazil Skim Milk Powder Market Production by Volume in Thousand Tonnes, 2007-2015Figure 7: Brazil Whole Milk Powder Market Production by Volume in Thousand Tonnes,2007-2015Figure 8: Brazil Others (Milk Drinks & Fermented Products, Condensed Milk, Cream andWhey Powder) Market Production by Volume in Thousand Tonnes, 2007-2015Figure 9: Brazil Butter Market Consumption by Volume in Thousand Tonnes, 2007-2015Figure 10: Brazil Cheese Market Consumption by Volume in Thousand Tonnes, 2007-2015Figure 11: Brazil Skim Milk Powder Market Consumption by Volume in Thousand Tonnes,2007-2015Figure 12: Brazil Whole Milk Powder Market Consumption by Volume in Thousand Tonnes,2007-2015Figure 13: Brazil Butter Market Net Trade by Volume in Thousand Tonnes, 2007-2015Figure 14: Brazil Cheese Market Net Trade by Volume in Thousand Tonnes, 2007-2015Figure 15: Brazil Skim Milk Powder Market Net Trade by Volume in Thousand Tonnes, 2007-2015Figure 16: Brazil Whole Milk Powder Market Net Trade by Volume in Thousand Tonnes,2007-2015Figure 17: Brazil Population Trend in Million, 2007-2015Figure 18: Brazil Gross Domestic Product in USD Billion, 2007-2015 5
Figure 19: Brazil Inflation, Average Consumer Prices in Percentage, 2007-2015Figure 20: Brazil Unemployment Rate as a Percentage of Labour Force, 2007-2015LIST OF TABLESTable 1: Industry Structure of Milk Industry in BrazilTable 2: Brazil Cow Milk Production and Fluid Milk Consumption along with ManufacturingUse and Exports by Volume in Thousand Tonnes, 2007-2015Table 3: Brazil Milk Cow Numbers in Thousand Head and Milk Production per Cow inKilograms, 2007-2015Table 4: Competitive Landscape of Major Dairy Products Companies (Brasil Foods, Itambe,Bom Gosto) in BrazilTable 5: Demographic Distribution of Population in Brazil on the basis of Age and Gender, inMillion, 2009-2010Table 6: Personal Disposable Income in USD Million and Number of Households inThousands in Brazil, 2009-2010Table 7: Income Distribution among Households in thousands in Brazil, 2009-2010 6