Page 36 - Food&Drink magazine November-December 2022

#C1131:
MILK AND CREAM PROCESSING IN AUSTRALIA
CREAM OF THE CROP...
INDUSTRY REPORT
Victorian milk processors produce about two-thirds of Australia’s milk
The industry generates $4.3 billion in revenue
Average
profit for milk and cream processors totals 1.8% of revenue
Approximately
25% of Australia’s
milk production is pasteurised and sold as drinking milk
China accounts for around 45% of milk and cream exports
Supermarkets are the largest market for milk and cream processors
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