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Demand for Dairy Products to Grow Double Digits

04 December 2019

BANGLADESH - Bangladesh has huge growth potential in dairy and the demand for dairy products is likely to grow double-digit, buoyed by rising income and expanding middle class, said a senior executive of an international dairy company owned by farmers.

Tim Ørting Jørgensen, executive vice-president and head of Arla Foods International, said: “When you create stronger wealth and middle-class economy, you just increase your dairy consumption. Then you move from powders to liquid to yogurts to cheese to whatever.”

“I think there is a good opportunity that consumption of milk and dairy products will increase and innovations will come.”

The senior official of Arla shared the view during an interview at his office in Copenhagen last month.

Arla Foods is an international dairy company owned by 9,900 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg and the Netherlands.

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Source: The Daily Star

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