Page 28 - Food & Drink Business Nov-Dec 2019

#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 $3.0 billion in revenue
Average profit for milk and cream processors totals 3.2% of revenue
Just over one-quarter
of Australia’s milk production is pasteurised and sold as drinking milk
Supermarkets are the largest market for milk and cream processors
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China accounts for around 30% of milk and cream exports