World Dairy Products Markets

World Dairy Products Markets

This report analyzes the worldwide markets for Dairy Products in Millions of US$. The specific product segments analyzed are Milk Powder, Butter, Cheese, Ice Cream and Related Products, Yogurt and Related Products, and Cream. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 581 companies including many key and niche players worldwide such as Agropur Cooperative, Arla Foods amba, Arla Foods UK Plc., Dairy Farmers of America, Inc., Dean Foods Company, Groupe Danone SA, Groupe Lactalis SA, Kraft Foods, Inc., Meiji Dairies Corporation, Nestle SA, Parmalat S.P.A., Sancor Cooperativas Unidas Limitada, Snow Brand Milk Products Co. Ltd., and Unilever NV. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

ENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Milk Powder I-3
Butter I-4
Cheese I-4
Ice Creams I-4
Yogurt I-4
Cream I-4


II. EXECUTIVE SUMMARY

1. Market Dynamics II-1
Current and Future Analysis II-1
By Region II-1
By Product Segment II-2
Growth Factors II-2
Sources of Growth for Dairy Products II-3
Manufacture-driven II-3
Consumer-driven II-3
External II-3
Retailer-end II-3
Churning Out New Opportunities II-3
Summary of Opportunities and Growth Markets II-4
New Products Boost Market Prospects II-5

2. Major Trends & Issues II-6
Trends Shaping the Market - Snapshots II-6
Maturing Global Markets II-7
Rising Milk Powder Prices Opens New Avenues for Processors II-7
Changing Eating Habits II-7
Change in Traditional Meal Configuration II-7
Snacking Around II-7
Spurt in Fast Food Restaurants II-8
Waning of Home Cooking II-8
Rise in Dining Out of Home and Trial of Foreign Foods II-8
Growth of Soft Drinks II-8
Healthy Eating Versus Indulgence II-8
Development of Organic Products II-9
Corporate Strategies: An Overview II-10
Value Added Dairy Products: An International Perspective II-10
Perspective on Value Addition II-10
Expanding Urbanization and Rising Incomes II-11
Increasing Clout of Supermarkets II-11
Gradations and Variations in Standard and Degree of Value
Addition II-11
Increase in Segmentation of Consumption II-11
Changing Lifestyles and Eating Habits II-12
Product Enhancements II-12
Confines of Basic Products II-12
Increase in Functionality II-13
Spread of Umbrella Branding II-13
Premium Product Development II-13
Improving the Storage Period II-13
Progress in Organic Development II-13
Consumer Oriented Products II-14
Yogurt Drinks Propel Growth in Overall Food Market II-14
Global Dairy Markets Hold Immense Potential for EU Dairy
Industry II-14
Whey - Rides on Changing Perceptions II-15

3. Introduction to the World Dairy Industry II-16
Some Interesting Facts II-16
Consumption of Dairy Products - Global Trends II-16
Per Capita Consumption of Select Dairy Products II-16
Table 1: World Milk and Milk Products Market (2007E): Per
Capita Consumption of Fluid Milk (Litres), Cheeses (Kg) and
Butter (Kg) for Select Countries II-16
Dairy Industry Competitiveness: USA, EU, Australia and the WTO II-17
Competitiveness Ratings II-17
Factor Conditions II-17
Raw Milk Supplies and Cost II-17
Knowledge II-17
Demand Conditions: Market Growth II-17
Government: Trade Policy II-17
Similarities between the US and the EU II-18

4. Industry Structure II-19
Leading Global Players II-19
Table 2: Leading Players in the Worldwide Dairy Products
Market (2006): Percentage Breakdown of Sales by Company for
Danone, Nestle, Kraft Foods, Dean Foods, Groupe Lactalis,
Sodiaal SA, Parmalat, Arla Foods, Yakult Honsha, and Others
(includes corresponding Graph/Chart) II-19
Dairy Products: Leading Manufacturers by Geographic Origin
and Key Market Sectors II-20
Leading US Food Processors by Dairy Product Line II-21
Major Players in the European Dairy Products Market II-22
Consolidation Activity in Food Industry - A Review II-22
Major M&A Activity in 2006 & 2007 II-22

5. Dairy Products -An Overview II-24
A. Milk II-24
Milk Processing II-24
Pasteurization and Homogenization II-24
Ultra Heat Treatment (UHT) II-25
Flavored Milk II-25
Cultured Milk II-25
Milk Powders II-25
Instant Milk Powders II-25
Importance of Milk in the Diet II-25
Table 3: Conversion of Whole Milk (includes corresponding
Graph/Chart) II-26
Vital Lactic Acid Bacteria Used in The Dairy Industry II-26
Presence of Calcium in Dairy Products II-27
Standards Applied in Differentiating/Classifying Milk II-27
US II-27
International II-27
Kinds of Milk II-27
Fluid Whole Milk II-27
Reduced Fat/Low Fat Milk II-27
Fat-Free Milk II-28
Nonfat Dry Milk II-28
Flavored Milk II-28
Specialty Milks II-28
Reduced Lactose Milk II-28
Imitation and Substitute Milks II-28
Certified Milk II-28
Organic Milk II-29
Evaporated Milk II-29
Condensed Milk II-29
Cultured Milk II-29
Nutrient Content of Milk II-29
Table 4: Composition of Whole, Semi Skimmed and Skimmed
Milks (per pint/568ml) II-30
B. Butter II-30
Significance of Butter II-31
Key Features to Consider II-31
Manufacturing Process of Butter II-31
Clarified Butter II-32
C. Cheese II-32
Art of Cheese Making II-32
Classification of Cheese II-33
Cottage Cheese II-33
Varieties II-33
Plain Cottage Cheese II-34
Low Fat Cottage Cheese II-34
Dry Curd Cottage Cheese II-34
Baker's Cheese/Pot/Hoop Cheese II-34
Flavored Cottage Cheese II-34
Process Cheese II-34
Nutritional Information II-34
Table 5: Calories, Milk fat and Nutrient Value per ½-cup
Serving (includes corresponding Graph/Chart) II-35
D. Yogurt II-35
Introduction II-35
Stirred Yogurt II-36
Set Yogurt II-36
Recommended Compositions for Yogurts II-36
Commercial Varieties of Yogurt II-36
E. Cream II-36
Table 6: Types of Cream and their Fat Content - Clotted
Cream, Double Cream, Whipping Cream, Sterilized Cream, Cream
or Single Cream, Sterilized Half Cream, and Half Cream
(includes corresponding Graph/Chart) II-37
Cream Kinds by Homogenization II-38
Half Cream and Single Cream II-38
Whipping Cream II-38
Creams by Butterfat Content II-38
Clotted Cream II-38
Varieties of Sour Cream II-39
F. Ice Creams II-39
Production Process II-39
Different Varieties of Ice cream II-40
G. Other Dairy Products II-40
Whey II-40
Composition II-40
Uses II-40
Cultured Dairy Products II-41
Buttermilk II-41

6. Review of Dairy Product Segments II-42
Global Milk Market - A Review II-42
Milk Production II-42
Table 7: Global Milk Production (in Billion Hectolitres) and
Per Capita Milk Consumption (in Litres): 2001-2004 (includes
corresponding Graph/Chart) II-43

Table 8: Worldwide Milk Market (2006): Percentage Breakdown
of Production Volume by Type for Cow Milk, Buffalo Milk,
Goat Milk, Sheep Milk and Others (includes corresponding
Graph/Chart) II-43

Table 9: Global Milk Market (2006): Percentage Breakdown of
Production Volume for EU, US, China, Brazil, New Zealand,
Australia, Argentina and Others (includes corresponding
Graph/Chart) II-43
Milk Consumption Trends II-43
Table 10: Global Milk Market (2006): Per Capita Expenditure
(in US$) for North America, Australasia, Western Europe,
Eastern Europe, Latin America, Asia and World (includes
corresponding Graph/Chart) II-44

Table 11: Global Milk Market (2006): Per Capita Consumption
(in Litres) for Eastern Europe, North America, Australasia,
Western Europe, Latin America, Asia and World (includes
corresponding Graph/Chart) II-44
Average Milk Prices II-45
Table 12: World Dairy Market (2005): Average Milk Prices (in
US$ Per 100 Kg) Paid to Producers (includes corresponding
Graph/Chart) II-45
Cheese II-45
Production Scenario II-45
Table 13: Global Cheese Market (2006): Percentage Breakdown
of Production Volume for EU-25, US, and Others (includes
corresponding Graph/Chart) II-45
Consumption Trends II-46
Table 14: Per Capita Consumption (in Kg) of Cheese for
Select Countries (2007E) (includes corresponding
Graph/Chart) II-46
Cheese Prices II-46
Leading Brands II-47
Table 15: Worldwide Market for Natural Cheese (2004):
Percentage Breakdown of Sales by Major Brands for Athenos,
Frigo Cheese Heads, Kraft, Kraft Cracker Barrel, Land
O'Lakes, Polly O, Precious, Sargento, Tillamook, Private
Label, and Others (includes corresponding Graph/Chart) II-47

Table 16: Worldwide Market for Natural Shredded Cheese
(2004): Percentage Breakdown of Sales by Major Brands for
Borden, Crystal Farms, Kraft, Kraft Classic Melts, Kraft
Free, Sargento, Sargento Chef Style, Sargento Fancy,
Sargento Light, Private Label, and Others (includes
corresponding Graph/Chart) II-47
Yogurt II-47
Ice Creams II-48
Global Ice Cream Market - An Overview II-48
Per Capita Consumption II-48
Table 17: Global Ice Cream Market (2002): Per Capita
Consumption (in Litres) in New Zealand, United States,
Australia, Finland, Sweden, Canada, Italy, Ireland,
Denmark, United Kingdom, Chile, Malaysia and China
(includes corresponding Graph/Chart) II-48
Future Trends in Brand Development II-49
Major Players II-49
Table 18: Global Ice Creams Market (2006): Leading Players
by Percentage Share Breakdown of Sales for Unilever, Nestle
SA, and Others (includes corresponding Graph/Chart) II-49
Global Ice Cream (2006): Leading Players in Select Regional
Markets for Slovenia, Slovakia, Singapore, Saudi Arabia,
Portugal, Poland, The Philippines, Peru, Italy and
Indonesia II-50

7. Environmental Analysis II-51
Key Production Issues II-51
Opportunities and Threats for Dairy Industry II-51
Opportunities II-51
Threats II-51
World Dairy Prices II-52
Introduction II-52
Current Pricing Scenario II-52
Table 19: Global Dairy Market (2006-2008P): Average Prices
for Cheddar Cheese, Butter, Non-Fat Dry Milk, Dry Whey and
Milk (includes corresponding Graph/Chart) II-53
Dairy Product Prices - Forecast II-53
Cheese II-53
Whole Milk Powder II-54
Skim Milk Powder II-54
Table 20: Global Skim Milk Powder Market (2004-2006):
Production Volume (in Thousand Metric Tons) for EU-25, US,
New Zealand, India and Australia (includes corresponding
Graph/Chart) II-54

Table 21: Global Skim Milk Powder Market (2006): Price (in
US$ Per Kg) for Canada, Norway, South Korea, EU, Czech
Republic, Poland, US and World (includes corresponding
Graph/Chart) II-55
Butter II-55
Table 22: World Butter Market (2006): Price (in US$ Per Kg)
for Canada, Iceland, Norway, EU, South Korea, Poland, US
and World (includes corresponding Graph/Chart) II-55
Agricultural Policies II-56
EU Common Agricultural Policy II-56
Institutional Prices II-56
Production Quotas II-56
Reform of the CAP II-56
GATT Uruguay Round II-57
Regulatory Issues II-57
Food Labeling Laws II-57
Europe II-57
USA II-57
Japan II-58
Use of Growth Hormones II-58
HACCP II-59
HACCP Principles II-59
Principles II-59
Issues Affecting The Dairy Industry II-60
Is Milk Safe? II-60
Crohn's Disease - The Milk Connection II-60
The Belgian Dioxin Crisis II-60
Introduction II-60
Restrictions Extend to the Dairy Sector II-60
Common Diseases in Dairy Animals II-61

8. Import - Export Scenario II-62
Import/Export Trade in Global Dairy Industry - An Overview II-62
Table 23: Global Milk/Cream/Milk Products* Market
(2005-2006): Percentage Breakdown of Export Value for
Germany, France, New Zealand, Netherlands, Belgium,
Australia, US, UK, Poland and Others (includes corresponding
Graph/Chart) II-62

Table 24: Global Milk/Cream/Milk Products* Market
(2005-2006): Percentage Breakdown of Import Value for
Netherlands, Italy, Germany, Belgium, France, Spain,UK and
Others (includes corresponding Graph/Chart) II-63
Declining Stock Levels II-63
Table 25: Dairy Market in EU (2002-2006): Percentage Share
in Global Exports for Select Product - Cheese, Butter, Whole
Milk Powder, and Skim Milk Powder (includes corresponding
Graph/Chart) II-64
Export Scenario in the Near Future II-64
Import Export Review by Segment II-64
Cheese II-64
Table 26: World Cheese Market (2006E): Percentage Breakdown
of Export Quantity for EU-25, New Zealand, Australia, the US
and Rest of World (includes corresponding Graph/Chart) II-65

Table 27: Global Cheese and Curd Market (2005-2006):
Percentage Breakdown of Export Value for France, Germany,
Netherlands, Italy, Denmark, New Zealand, Australia,
Belgium, Ireland and Others (includes corresponding
Graph/Chart) II-65

Table 28: Global Cheese and Curd Market (2005-2006):
Percentage Breakdown of Import Value for Germany, UK, Italy,
US, Belgium, France, Spain, Japan, Russia, Netherlands and
Others (includes corresponding Graph/Chart) II-66
Skim Milk Powder (SMP) II-66
Table 29: World Skim Milk Powder Market (2006E): Percentage
Breakdown of Export Quantity for EU-25, New Zealand, the US,
Australia and Rest of World (includes corresponding
Graph/Chart) II-66
Whey Products II-67
Table 30: Major Importers of Whey Products Worldwide: 2000 -
China, Canada, EU, Mexico, and Japan (includes corresponding
Graph/Chart) II-67
Other Dairy Products II-67
Table 31: World Butter Market (2006E): Percentage Breakdown
of Export Quantity for New Zealand, EU-25, Australia and Rest
of World (includes corresponding Graph/Chart) II-68

Table 32: World Whole Milk Powder Market (2006E): Percentage
Breakdown of Export Quantity for New Zealand, EU-25.
Australia, the US and Rest of World (includes corresponding
Graph/Chart) II-68

Table 33: Global Milk-Based Butter/Fats & Oils Market
(2005-2006): Percentage Breakdown of Export Value for New
Zealand, Netherlands, Belgium, Ireland, France, Germany,
Denmark, Australia, Spain, UK and Others (includes
corresponding Graph/Chart) II-68

Table 34: Global Milk-Based Butter/Fats & Oils Market
(2005-2006): Percentage Breakdown of Import Value for UK,
France, Germany, Belgium, Netherlands, Italy, Mexico, Russia,
US, Denmark, Saudi Arabia and Others (includes corresponding
Graph/Chart) II-69

9. Distribution and Marketing Dynamics II-70
Distribution II-70
Table 35: Global Market for Dairy Products (2006): Percentage
Breakdown of Sales through Different Outlet Types for
Convenience Stores, Discounter Stores, Independent
Food/Grocery Stores, Multiple Grocers, and Others (includes
corresponding Graph/Chart) II-70
Retail Distribution and Retailing Issues II-70
Impact of Widening Distribution II-70
Growth of Grocery Multiples II-71
Discount Merchandisers II-71
Convenience Stores/CTNs/Kiosks II-71
Doorstep Delivery II-71
Emerging Markets II-72
Latin America II-72
Asia-Pacific II-72
Africa II-72
Purchasing Trend II-73
Retailer Strategies II-73
Branding II-74
Developments in Branding II-74

10. Product Introductions/Innovations II-75
Kraft Introduces First Probiotic Cheddar Cheese in Canada II-75
Dannon Rolls Out New Functional Probiotic Dairy Products II-75
Lifeway Foods Introduces Lifeway Lassi, a Smoothie Beverage II-75
Breyers Ice Cream Unveils 100 Calorie Ice Cream Line II-75
WhiteWave Foods Launches Rachel’s® Wickedly Delicious Yogurt II-76
Smith Dairy Launches Flavors of Ruggles® Premium Frozen Yogurt II-76
Mother Dairy Launches Branded “Dahi” II-76
MaggieMoo’s Debuts ‘Zoomers’ Ice Creams and Fruit Smoothies II-76
Fredericks Dairies Introduces Cadbury Chunky Choc Ice Range
of Ice Cream II-77
Matanuska Maid Dairy Launches Premium Probiotic Yogurts II-77
Danisco Unveils New Goat Milk Ice Cream II-77
TCBY Introduces New Hand-Scooped Frozen Yogurt Range II-77
Amul Introduces Sugar-Free and Probiotic Products II-77
Ilchester Introduces Somersby, a Salad Cheese II-78
Universal Dairy Ties Up with Disney to Unveil New Ice-Creams II-78
General Mills to Launch Fizzix Yogurt II-78
HLL to Introduce Skippy Peanut Butter II-78
HUL Launches Moo, a New Brand of Ice Cream II-78
Amul Launches Single Serving Packs of Butter II-78
Laloo's Launches Two New Ice Cream Flavors II-79
Arla’s Discover Brand Launches Multitude of New Products II-79
Arla Launches Lactofree II-79
Morinaga Launches Two Cone Ice Cream Products in Japan II-79
Tesco Introduces a New Reducol-Enriched Yogurt Drink II-79
Yoplait Pioneers the Launch of an Immunity Boosting Yogurt II-80
Vanilco Launches Two New Products II-80
Amul Unveils a New Ice Cream Product II-80
Stonyfield France Unveils an Organic Yogurt Portfolio II-80
Feiraco Unveils a Fermented Milk Product Portfolio II-80
Al Ain Dairy Introduces First-Ever Camel Milk Ice Cream II-80
Danisco Develops New Ice Cream with Super Low Fat II-81
Kraft Introduces New White Cream Cheese Spread II-81
Dannon Launches Low-Fat Yogurt, Activia II-81
Glanbia Introduces New Yoplait Essence Functional Yogurt Drinks II-81
Dairy Crest Announces Launch of ‘Over the Moon’ Blended
Cheese Brand II-81
YoCream Rolls out Jolly Rancher Candy Flavors and New FCB Line II-81
CoolBrands Launches Yoplait Frozen Yogurt and Cereal Bars II-82
Tesco and Forbes to Introduce Low Fat Cheese II-82
Dairy Fresh to Unveil Low Fat Ice Cream II-82
Nestlé Introduces Movenpick in China II-82

11. Recent Industry Activity II-83
Arla Foods Amba Completes Acquisition of Arla Foods UK II-83
Groupe Danone Acquires Stake in Vialat’s Dairy Business in Chile II-83
Friesland and Warrnambool Enter MoU to Form a Joint Venture II-83
Campina and Thai Advanced Food Form a Joint Venture II-84
Arla Foods and Artis to Set Up a Russian Joint Venture II-84
Groupe Danone and Alqueria Establish a Joint Venture in Columbia II-84
Arla Foods Establishes New Milk Powder Plant in China II-84
Saputo Acquires Land O’Lakes West Coast Industrial Cheese
Business II-85
Saputo Acquires Dansco Dairy Product II-85
Firmenich Acquires Flavor Division of Danisco II-85
Lactalis Acquires Majority Stake in Moravskoslezske Mlekarny II-85
NexCen Brands Takes Over Two Hand-Mixed Premium Ice Cream Brands II-85
Bega Cheese Acquires Majority Stake in Tatura Milk II-86
Danone Acquires Calpis Ajinomoto Danone, Forms Danone Japan II-86
Milk Link Acquires The Cheese Company II-86
Danone France Divests Danao Brand II-86
J. M. Smucker Acquires Eagle Family Foods II-86
AMC Acquires Canned Milk Business of Nestle II-87
Coolbrands International Divests Yogurt Division II-87
Bel and Sahar Dairy Establish Joint Venture in Iran II-87
Neptune and Yoplait Form R&D Partnership II-87
Baskin-Robbins and Hershey Tie Up to Introduce New Products II-88
Dean Foods Takes Over Friendship Dairies II-88
HP Hood Takes Over Crystal Cream & Butter II-88
No Compromises and Dean Foods to Launch Organic Milk II-88
Brewster Dairy to Take Over Kraft Foods’ Cheese Manufacturing
Facility II-88
Bel Group Acquires Ukraine’s Shostka II-89
A V Birla Group to Acquire Nilgiris Dairy II-89
Associated Milk Takes Over North Dakota’s Cass-Clay II-89
Sigma Alimentos to Acquire Mexican Cheese II-89
Entremont Alliance and Sodiaal to Form Joint Venture II-90
Groupe Danone to Establish Dairy Facility in India II-90
Nestlé Establishes Milk Processing Facility in Pakistan II-90
Nestlé Establishes Milk Plant in Inner Mongolia Autonomous
Region II-90
Nestle Divests Ba Vi Dairy Facility to Anco II-90
Hatsun Agro to Launch New Ice Cream Outlets II-90
Goodman Fielder Signs Agreement to Acquire IDP II-91
Danone to Exit Joint Venture with Wadia II-91
Arla Foods Establishes Arla Foods Vietnam II-91
Emmi to Acquire 25% Stake in Ambrosi II-91
Blue Ribbon to Set Up New Cheese Unit II-91
SMC to Sell National Foods II-92
Shanghai Dairy & SI Food to Acquire Stake in Bright Dairy II-92
Nestlé Fully Acquires Dreyer's Grand II-92
WBD Concludes Molka Ojsc Acquisition II-92
WBD Acquires Russian Ochakovo Dairy II-92
WBD Acquires Manros Dairy Plant II-93
Denali Acquires CoolBrands’ Ice Cream Ingredient Production
Facility II-93
Lactalis Acquires Celia II-93
Dean Foods Completes Acquisition of Jilbert's Dairy II-93
Yarnell Ice Cream Acquires Klinke’s Angel Food Brand II-93
Fairmount Acquires Cheese Division of ConAgra Foods II-94
Sartori Acquires Antigo Cheese Company II-94
Emmi Acquires Trentinalatte II-94
MVMPC Acquires Giant Food's Landover Facility II-94
National Foods Acquires Lactos II-94
Nestle Acquires Delta Ice Cream II-95
Brigham’s and Durkee-Mower Enter into Partnership II-95
Arla Foods Announces Acquisition of White Clover Dairy II-95
American Dairy Signs Treaty with China Government II-95
Tetra Pak Completes Acquisition of Carlisle Process Systems II-96
Lifeway Foods Announces Acquisition of Helios II-96
Yili Plans a New Milk Powder Manufacturing Plant II-96
Vivartia Acquires Stake in Mevgal II-96
Campina and Vitalus Establish Joint Venture Company II-97
Von ME-hlenen to Partner with Cremo II-97
Nestle and Lactalis to Form Joint Venture II-97
Glanbia and Greater Southwest Agency Set up New Joint Venture II-97
Saputo Acquires Spezialitäten-Käserei II-98
WBD Acquires Surgut City Dairy Plant II-98
Arla Acquires Tholstrup Cheese II-98
Groupe DANONE Acquires Molochnyi Zavod II-98
Groupe Danone Forms Joint Venture with China Mengniu II-98
Parmalat SpA Acquires Majority Stake in Newlat Sri II-99
Friesland Foods to Build New Factory in Vietnam II-99
2005 Developments II-99

12. Focus on Select Players II-106
Agropur Cooperative (Canada) II-106
Arla Foods amba (Denmark) II-106
Arla Foods UK Plc (UK) II-106
Dairy Farmers of America, Inc. (USA) II-106
Dean Foods Company (USA) II-107
Groupe Danone SA (France) II-107
Groupe Lactalis SA (France) II-107
Kraft Foods, Inc. (USA) II-107
Meiji Dairies Corporation (Japan) II-108
Nestle SA (Switzerland) II-108
Parmalat S.P.A. (Italy) II-108
Sancor Cooperativas Unidas Limitada (Argentina) II-108
Saputo, Inc. (Canada) II-109
Snow Brand Milk Products Co Ltd (Japan) II-109
Unilever NV (UK/Netherlands) II-109

13. Global Market Perspective II-110
Table 36: World Recent Past, Current & Future Analysis for
Dairy Products by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-110

Table 37: World Long Term Projections for Dairy Products by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-111

Table 38: World Historic Review for Dairy Products by
Geographic Region - US, Canada, Japan, Europe, Asia- Pacific
(excluding Japan), Middle East and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-112

Table 39: World 20-Year Perspective for Dairy Products by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-113

Table 40: World Recent Past, Current & Future Analysis for
Fluid Milk by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-114

Table 41: World Long Term Projections for Fluid Milk by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-115

Table 42: World Historic Review for Fluid Milk by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) II-116

Table 43: World 20-Year Perspective for Fluid Milk by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-117

Table 44: World Recent Past, Current & Future Analysis for
Milk Powder by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-118

Table 45: World Long Term Projections for Milk Powder by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-119

Table 46: World Historic Review for Milk Powder by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) II-120

Table 47: World 20-Year Perspective for Milk Powder by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-121

Table 48: World Recent Past, Current & Future Analysis for
Butter by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-122

Table 49: World Long Term Projections for Butter by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-123

Table 50: World Historic Review for Butter by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) II-124

Table 51: World 20-Year Perspective for Butter by Geographic
Region - Percentage Breakdown of Dollar Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-125

Table 52: World Recent Past, Current & Future Analysis for
Cheese by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-126

Table 53: World Long Term Projections for Cheese by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-127

Table 54: World Historic Review for Cheese by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
1991 through 2000 (includes corresponding Graph/Chart) II-128

Table 55: World 20-Year Perspective for Cheese by Geographic
Region - Percentage Breakdown of Dollar Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-129

Table 56: World Recent Past, Current & Future Analysis for Ice
Cream and Related Products by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-130

Table 57: World Long Term Projections for Ice Cream and
Related Products by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-131

Table 58: World Historic Review for Ice Cream and Related
Products by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-132

Table 59: World 20-Year Perspective for Ice Cream and Related
Products by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-133

Table 60: World Recent Past, Current & Future Analysis for
Yogurt and Related Products by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-134

Table 61: World Long Term Projections for Yogurt and Related
Products by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-135

Table 62: World Historic Review for Yogurt and Related
Products by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-136

Table 63: World 20-Year Perspective for Yogurt and Related
Products by Geographic Region - Percentage Breakdown of Dollar
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-137

Table 64: World Recent Past, Current & Future Analysis for
Cream by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-138

Table 65: World Long Term Projections for Cream by Geographic
Region - US, Canada, Japan, Europe, Asia- Pacific (excluding
Japan), Middle East and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-139

Table 66: World Historic Review for Cream by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-140

Table 67: World 20-Year Perspective for Cream by Geographic
Region - Percentage Breakdown of Dollar Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East and
Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-141


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Outlook III-1
Major Trends III-1
Milk Consumption Trends in North America III-1
Surplus Organic Milk Drives Product Innovation III-1
Threat of Prepared Foods III-2
Commercial Dairy Demand Expected to Increase III-2
New Flavors Find Way into Dairy Products III-2
Leading Flavors Introductions for Select Dairy Products in
the US (2005) III-2
An Introduction to the US Dairy Industry III-3
Production III-3
Table 68: US Dairy Products Market (2005): Production
Volume (in Million Pounds) for Cheese (excluding Cottage
Cheese), Yogurt, Butter, Sour Cream, and Cream and
Neufchatel Cheese (includes corresponding Graph/Chart) III-3
Leading Brands in the US Dairy Products Market (2007) III-3
Review of Dairy Product Segments III-3
Milk III-3
Milk Production in the US III-4
Table 69: US Dairy Market (2003-2007): Milk Production in
Billion Pounds (includes corresponding Graph/Chart) III-4
Fluid Milk Market III-4
Select Trends III-4
Popularity of Pasteurized Milk III-4
Children - At the Core of Milk Consumption III-5
UHT Milk - Ranks Low on Market Penetration III-5
Flavored Milk - Undergoing a Revolution III-5
Consumers - Beneficiaries of Modifications III-5
Powder Milk III-5
Fermented Products III-5
Skimmed Milk III-5
Competitive Landscape III-6
Table 70: Leading Processors in the US Fluid Milk Market
(2007E): Percentage Breakdown Value Sales for Dean Foods,
Kroger Dairy Division, H.P. Hood, National Dairy
Holdings, Prairie Farms Dairy, Inc. and Others (includes
corresponding Graph/Chart) III-6

Table 71: Leading Vendors in the US Refrigerated Whole
Milk Market (2007E): Percentage Breakdown of Value Sales
for Milk Products LP, WhiteWave Inc., Dean Foods Co.,
McNeil Consumer Products, Oak Farms Dairy, Prairie Farms
Dairy, Swiss Dairy, Garelick Farms Inc., Tuscan Dairy
Farms, Private Label, Others (includes corresponding
Graph/Chart) III-6

Table 72: Leading Vendors in the US Refrigerated
Skim/Lowfat Milk Market (2007E): Percentage Breakdown of
Value Sales for McNeil Consumer Products, Dean Foods Co.,
WhiteWave Inc., Kemps LLC, Organic Valley Family of
Farms, HP Hood Inc., Garelick Farms Inc., Prairie Farms
Dairy, Farmland Dairies LLC, Private Label and Others
(includes corresponding Graph/Chart) III-7

Table 73: Leading Vendors in the US Flavored Milk/Eggnog/
Buttermilk Market (2007E): Percentage Breakdown of Value
Sales for Nestle USA Inc., Dean Foods Co., Kemps LLC, HP
Hood Inc., Prairie Farms Dairy, Milk Products LP,
Mayfield Dairy Farms Inc., Garelick Farms Inc., WhiteWave
Inc., Private Label and Other (includes corresponding
Graph/Chart) III-7
Leading Brands III-8
Table 74: Leading Brands in the US Whole Milk Market
(2007E): Percentage Breakdown by Value and Volume Sales
for Horizon Organic, Borden, Lactaid 100, Prairie Farms,
Garelick Farms, Pet, Organic Valley, Mayfield, Dean's,
Private Label and Others (includes corresponding
Graph/Chart) III-8

Table 75: Leading Flavored Milk Brands in the US (2007E):
Percentage Breakdown of Value and Volume Sales for Nestle
Nesquik, Dean's, Kemps, Mayfield, Prairie Farms, Borden
Milk Prod., Garelick Farms, Land O’Lakes, Hersheys Morn.,
Private Label and Others (includes corresponding
Graph/Chart) III-9

Table 76: Leading Flavored Milk/Eggnog/Buttermilk Brands
in the US (2007E): Percentage Breakdown of Value and
Volume Sales for Nestle Nesquik, Dean's, Kemps, Prairie
Farms, Mayfield, Borden, Garelick Farms, Hiland, Land
O'Lakes, Private Label and Others (includes corresponding
Graph/Chart) III-10

Table 77: Leading Brands in the US Low Fat & Skim Milk
Market (2007E): Percentage Breakdown of Value and Volume
Sales for Lactaid 100, Horizon Organic, Dean's, Organic
Valley, Garelick Farms, Prairie Farms, Kemps, Hood,
Mayfield, Private Label and Others (includes
corresponding Graph/Chart) III-11
Cream III-12
Table 78: Leading Vendors in the US Sour Cream Market
(2007E): Percentage Breakdown of Value Sales forKraft
Foods Inc., Daisy Brand, Friendship Dairies Inc., Cacique
Cheese Co. Inc., Crowley Foods Inc., Dean Foods Co.,
Marigold Foods Inc., Tillamook County Creamery, Meadow
Gold Dairy Inc., Private Label and Others (includes
corresponding Graph/Chart) III-12

Table 79: Leading Brands in the US Sour Cream Market
(2007E): Percentage Breakdown of Value and Volume Sales
for Daisy, Breakstone, Knudsen Hampshire, Friendship,
Cacique, Knudsen, Tillamook, Dean's, Hood, Private Label
and Others (includes corresponding Graph/Chart) III-13
Butter III-13
Leading Brands III-14
Table 80: Leading Brands in the US Butter Market (2007E):
Percentage Breakdown of Value and Volume Sales for Land
O'Lakes, Challenge, Breakstone, Tillamook, Crystal Farms,
Kellers, Cabot, Hotel Bar, Horizon Organic, Private Label
and Others (includes corresponding Graph/Chart) III-14

Table 81: Leaidng Brands in the US
Margarine/Spread/Butter Blends Market (2007E): Percentage
Breakdown of Value and Volume Sales for I Can't Believe
It's Not Butter, Shedd's Country Crock, Smart Balance,
Parkay, Blue Bonnet, Land O'Lakes, Imperial, Smart
Balance Light, Fleischmann's, Private Label and Others
(includes corresponding Graph/Chart) III-15
Cheese III-15
Cheese Consumption on the Rise III-15
Cheese Market - At a Glance III-16
Major Trends in the Cheese Market III-16
Growing Popularity of Specialty/Exotic Cheeses III-16
Snacking Drives Cheese Sales III-16
Flavored Cheeses Finds Favor Among Consumers III-16
Production Scenario III-17
Table 82: Cheese Production in the US (2006-2007):
Percentage Breakdown of Production Volume by Dairy
Category for American (Cheddar and Other American),
Italian (Mozzarella and Other Italian), Cream &
Neufchatel, Swiss, Hispanic and All Others (includes
corresponding Graph/Chart) III-17

Table 83: US Italian Cheese Market (2004-2007E):
Percentage Breakdown of Production Volume for Mozzarella
and Other Cheese Varieties (includes corresponding
Graph/Chart) III-18

Table 84: US Cheese Market (2006): Percentage Breakdown
of Production Volume by State for Wisconsin, California,
Idaho, New York, Minnesota, Pennsylvania, Ohio, South
Dakota, and Others (includes corresponding Graph/Chart) III-18
An Overview of Various Cheese Types III-19
Cottage Cheese III-19
Table 85: Leading Vendors in the US Cottage Cheese
Market (2007E): Percentage Breakdown of Value Sales for
Kraft Foods, Dean Foods, Friendship Dairies, HP Hood,
Crowley Foods, Prairie Farms Dairy, Marigold Foods,
Hiland Dairy, WestFarm Foods, Private Label and Others
(includes corresponding Graph/Chart) III-19

Table 86: Leading Brands in the US Cottage Cheese Market
(2007E): Percentage Breakdown of Value and Volume Sales
for Breakstone, Knudsen, Breakstone Cottage Doubles,
Dean's, Friendship, Hood, Prairie Farms, Light N Lively,
Knudsen Cottage Doubles, Private Label and Others
(includes corresponding Graph/Chart) III-20
Processed Cheese III-20
Hard Cheese III-20
Soft Cheese III-21
Major Players III-21
Table 87: Leading Vendors in the US Natural Shredded
Cheese Market (2007E): Percentage Breakdown of Value
Sales for Kraft Foods, Sargento Foods, Crystal Farms,
American Dairy Brands, Saputo Cheese USA, Tillamook
County Creamery, Lactalis USA, BelGioioso Cheese, Cabot
Creamery, Private Label and Others (includes
corresponding Graph/Chart) III-21

Table 88: Leading Vendors in the US Natural Chunk Cheese
Market (2007E): Percentage Breakdown of Value Share for
Kraft Foods, Tillamook County Creamery, Lactalis USA,
Cabot Creamery, Land O'Lakes, Cacique Cheese Co., Heluva
Good Cheese, Crystal Farms, Saputo Cheese USA, Private
Label and Others (includes corresponding Graph/Chart) III-22
Major Brands III-22
Table 89: Leading Brands in the US Natural Shredded
Cheese Market (2007E): Percentage Breakdown of Value and
Volume Sales for Kraft, Sargento, Crystal Farms, Borden,
Kraft Free, DiGiorno, Kraft Classic Melts, Stella,
Sargento Bistro Blends, Private Label and Others
(includes corresponding Graph/Chart)