Page 28 - Food&Drink Magazine November-December 2021

INDUSTRY REPORT #C1131:
MILK AND CREAM PROCESSING IN AUSTRALIA
CREAM OF THE CROP
Victorian milk processors produce about two-thirds of Australia’s milk
The industry generates $3.7 billion in revenue
Average profit for milk and cream processors totals 3.8% of revenue
Approximately 30.0% of Australia’s milk production is pasteurised and sold as drinking milk
Supermarkets are the largest market for milk and cream processors
China accounts for 34.9% of milk and cream exports
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