EXECUTIVE SUMMARYThe Report titled “Argentina Milk and Dairy Products Market Outlook to 2015” provides a comprehensiveanal...
Butter had the minimum trade surplus among all the other dairy products in the country. In 2007, the butter nettrade incre...
TABLE OF CONTENTS1.     Argentina     1.1.     Argentina Milk Market Introduction       1.1.1. Argentina Cow Milk Market P...
1.5.   Argentina Milk and Dairy Products Market Future Outlook     1.6.   Argentina Macro Economic Indicators: Current and...
LIST OF FIGURESFigure 1: Argentina Cow Milk Production and Fluid Milk Consumption along withManufacturing Use and Exports ...
Figure 18: Argentina Whole Milk Powder Market Net Trade by Volume in Thousand Tonnes,2007-2015Figure 19: Argentina Populat...
Upcoming SlideShare
Loading in …5
×

Argentina Milk and Dairy Products Market Outlook to 2015

1,614 views

Published on

The Report titled “Argentina Milk and Dairy Products Market Outlook to 2015” provides a comprehensive analysis of the milk and dairy products industry in Argentina.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,614
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
24
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Argentina Milk and Dairy Products Market Outlook to 2015

  1. 1. EXECUTIVE SUMMARYThe Report titled “Argentina Milk and Dairy Products Market Outlook to 2015” provides a comprehensiveanalysis of the milk and dairy products industry in Argentina.The report covers the total cow milk production, fluidmilk consumption, segmentation on the basis of dairy products such as butter, cheese, skim milk powder, milkdrinks and fermented products, cream, condensed milk and whey powder and volume of net trade for dairyproducts. It offers prevalent trends and developments in the industry, future opportunities and competitivelandscape of the prominent players operating in the country. The report also includes information on the majormacroeconomic indicators regressed for estimating the market for milk and dairy products in Argentina.Most of the milk production comes from the central region of the country called Pampas. The farming is allpasture based and is heavily dependent on rainfall. The dairy industry has to compete with other agro basedproducts such as soybean, maize and other agro crops for land. Most of the farmers grow crops on rotation basisand generally allocate a significant portion of land for this purpose. The dairy industry is susceptible to thechanges in the profitability for both these markets. Out of the total costs involved in the dairy production,direct/variable costs represent almost 60%, with feed being the major cost followed by the labour cost. Amongthe feed costs, grain constituted 40% and maize silage 13% of the direct cost. The opportunity cost for landconstituted 13% of the total cost.The cow milk production in the country showcased a CAGR of 3.7% during the historical period from 2007-2009.The market volume of cow milk production increased from 9,400 thousand tonnes in 2007 to 10,100 thousandtonnes in 2009. The historical increase in the cow milk production is expected to continue in the future as well.Milk production per cow has also increased in Argentina over the years. New improved cow breeds, efficiency inoperations, improved quality of raw material have all contributed to the increase in the milk production. During theperiod from 2007-2009, the milk production per cow increased from 4,372 litres in 2007 to 4,810 litres in 2009,registering a high CAGR of 4.9%. However, the forecasted period might not be able to achieve the same CAGRas achieved in the historical period. In the period from 2009-2015, the milk production per cow is expected togrow at a CAGR of 1.3% and the production per cow will reach 5,201 litres in 2015.Cheese is one of the most important dairy products constituting nearly 45% of the total milk production. Soft /Fresh types (Cremoso, Saint Paulin and Mozzarella) dominate the cheese categories constituting 45% of thetotal cheese market. Semi soft cheese (Gouda, Swiss type) hold 30% of the market share followed by hardcheese (Provolone and Sardo) accounting for 15% of the market. Other types of cheese account for theremaining 10%.Cheese is the second largest dairy product produced in terms of quantity in the country after milkdrinks and fermented products. In the year 2009, the production declined marginally and reached 534 thousandtonnes. During the period from 2007-2009, the production increased at a CAGR of 6.0%. The production is likelyto witness a steady growth of 2.8% during the period from 2009-2015.Whey powder production increased at a moderate growth of 19.0% during the period from 2007-2008. In 2009,the growth was revolutionized with an exorbitant increase in growth rate. The production jumped from 25thousand tonnes in 2008 to 72 thousand tonnes in 2009. The production in the foregoing years is expected to besteady at a CAGR of 6.7% from 2009-2015. This is largely due to increasing utility of whey powder in theprocessing of animal protein, nutritional supplements, cheese etc and awareness among producers, which wasotherwise considered waste in the past. This segment is expected to remain niche and will experience rapidgrowth in the coming years.In Argentina, skim milk powder is one of the least consumed dairy products. Most of the skim milk powderproduced is exported to other regions. During the three years from 2007-2009, the consumption of skim milkpowder only registered an increase of 1 thousand tonnes. The consumption increased from 9 thousand tonnes in2007 to 10 thousand tonnes in 2009. In the future as well, the consumption of skim milk powder will increasemarginally. The consumption is expected to increase from 10 thousand tonnes in 2009 to 14 thousand tonnes in2015, an increase of 4 thousand tonnes in 6 six years time.Argentina exports nearly 20% of the total milk and dairy products production. For whole milk powder, Argentina isranked as the third largest exporter and exported 140,000 tonnes in the previous year. Although, the products areexported across the globe, Venezuela, Brazil and Mexico are the major markets.
  2. 2. Butter had the minimum trade surplus among all the other dairy products in the country. In 2007, the butter nettrade increased from 3 thousand tonnes in 2007 to 4 thousand tonnes in 2008 but declined in 2009 to the samelevel of 2007.Scope of ResearchThe report will entail thorough analysis and valuable insights on the milk and dairy products industry inArgentina. The scope of the report includes: • The total Argentine market of cow milk production and fluid milk consumption by volume, 2007 to 2015. • The Argentine milk cow numbers and milk production per cow, by volume, 2007 to 2015. • The Argentine 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 Argentine 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 Argentina. • Competitive Landscape of the major companies (Mastellone Hermanos and Sancor), key trends and developments and future outlook of the milk and dairy products industry in Argentina. 2
  3. 3. TABLE OF CONTENTS1. Argentina 1.1. Argentina Milk Market Introduction 1.1.1. Argentina Cow Milk Market Production and Fluid Milk Consumption by Volume, 2007-2015 1.1.2. Argentina Milk Cow Numbers and Milk Production per Cow, 2007-2015 1.2. Argentina Dairy Products Market Introduction 1.2.1. Argentina Dairy Products Market Production by Volume, 2007-2015 1.2.2. Argentina Dairy Product Market Production by Volume, 2007-2015 1.2.2.1. Butter 1.2.2.2. Cheese 1.2.2.3. Skim Milk Powder 1.2.2.4. Whole Milk Powder 1.2.2.5. Milk Drinks & Fermented Products 1.2.2.6. Cream 1.2.2.7. Whey Powder 1.2.3. Argentina Dairy Product Market Consumption by Volume, 2007-2015 1.2.3.1. Butter 1.2.3.2. Cheese 1.2.3.3. Skim Milk Powder 1.2.3.4. Whole Milk Powder 1.2.4. Argentina Dairy Product Market Net Trade by Volume, 2007-2015 1.2.4.1. Butter 1.2.4.2. Cheese 1.2.4.3. Skim Milk Powder 1.2.4.4. Whole Milk Powder 1.3. Trends and Developments in Argentina Milk and Dairy Products Market 1.4. Competitive Landscape 3
  4. 4. 1.5. Argentina Milk and Dairy Products Market Future Outlook 1.6. Argentina 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 Argentina, 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
  5. 5. LIST OF FIGURESFigure 1: Argentina Cow Milk Production and Fluid Milk Consumption along withManufacturing Use and Exports by Volume in Thousand Tonnes, 2007-2015Figure 2: Argentina Milk Cow Numbers in Thousand Head and Milk Production per Cow inKilograms, 2007-2015Figure 3: Argentina Total Dairy Products Market Production by Volume in Thousand Tonnes,2007-2015Figure 4: Argentina Butter Market Production by Volume in Thousand Tonnes, 2007-2015Figure 5: Argentina Cheese Market Production by Volume in Thousand Tonnes, 2007-2015Figure 6: Argentina Skim Milk Powder Market Production by Volume in Thousand Tonnes,2007-2015Figure 7: Argentina Whole Milk Powder Market Production by Volume in Thousand Tonnes,2007-2015Figure 8: Argentina Milk Drinks & Fermented Products Market Production by Volume inThousand Tonnes, 2007-2015Figure 9: Argentina Cream Market Production by Volume in Thousand Tonnes, 2007-2015Figure 10: Argentina Whey Powder Market Production by Volume in Thousand Tonnes,2007-2015Figure 11: Argentina Butter Market Consumption by Volume in Thousand Tonnes, 2007-2015Figure 12: Argentina Cheese Market Consumption by Volume in Thousand Tonnes, 2007-2015Figure 13: Argentina Skim Milk Powder Market Consumption by Volume in ThousandTonnes, 2007-2015Figure 14: Argentina Whole Milk Powder Market Consumption by Volume in ThousandTonnes, 2007-2015Figure 15: Argentina Butter Market Net Trade by Volume in Thousand Tonnes, 2007-2015Figure 16: Argentina Cheese Market Net Trade by Volume in Thousand Tonnes, 2007-2015Figure 17: Argentina Skim Milk Powder Market Net Trade by Volume in Thousand Tonnes,2007-2015 5
  6. 6. Figure 18: Argentina Whole Milk Powder Market Net Trade by Volume in Thousand Tonnes,2007-2015Figure 19: Argentina Population Trend in Million, 2007-2015Figure 20: Argentina Gross Domestic Product in USD Billion, 2007-2015Figure 21: Argentina Inflation, Average Consumer Prices in Percentage, 2007-2015Figure 22: Argentina Unemployment Rate as a Percentage of Labour Force, 2007-2015LIST OF TABLESTable 1: Argentina Cow Milk Production and Fluid Milk Consumption along withManufacturing Use and Exports by Volume in Thousand Tonnes, 2007-2015Table 2: Argentina Milk Cow Numbers in Thousand Head and Milk Production per Cow inKilograms, 2007-2015Table 3: Competitive Landscape of Major Dairy Products Companies (Mastellone Hermanos,Sancor) in the ArgentinaTable 4: Demographic Distribution of Population in Argentina on the basis of Age andGender, in Million, 2009-2010Table 5: Personal Disposable Income in USD Million and Number of Households inThousands in Argentina, 2009-2010Table 6: Income Distribution among Households in thousands in Argentina, 2009-2010 6

×