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Essay / Dairy Industry International Trade Mission | ||| dairy productsDairy has been used by humans since the beginning of the centuries to provide new and storable nutritious foods. In some countries, much of the milk produced is consumed as purified whole, low-fat or skimmed milk. Regardless, most milk is processed into dairy products more common in global commerce, such as margarine, cheese, powdered milk, frozen yogurt, and condensed milk. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Cow's milk is by far the most vital type used throughout the world. Different creatures used for their dairy production include buffaloes (in India, China, Egypt and the Philippines), goats (in Mediterranean countries) and sheep (in southern Europe). In the mid-1800s, a normal dairy cow produced less than 1,500 gallons of milk per year. With advances in animal subsistence and particular breeding, a dairy animal currently produces an average of 6,500 liters of milk over several years, with a few cows producing up to 10,000 liters (AL-Asfoor, Abdullah, 2012). Dairy products are supplied by two types. of companies that are proprietary organizations and cooperatives. After a while, the quantities of both types of businesses decreased and the number of those remaining increased overall. Much of the proprietary data is either large organizations or their backups. Cooperatives range from small, either in terms of volume or in terms of membership criteria, to extensive. Proprietary organizations moved toward liquid milk and solidified item organizations, while cooperatives played an important role in advertisements for manufactured items (Handy and Henderson, 1994). The discussion should include, but not limited to, market size, major producers/exporters and importers, specific resources needed Market Structure Market structure generally involves sectoral orientations, degree of separation of items and simplicity with which new firms can enter an industry (Sheldon and Sperling, 2001). Market structure determines the direction of business and industry, remarkably evaluating arrangements. Direct thus decides on the financial execution, which is generally estimated in terms of profits or costs. Manchester and Blayney (1997), examined the market structure of the US dairy market and believed that an important method for the development of organizations in the dairy sector was there was a merger or purchase. Additional limits and volumes were generally accessed more cheaply through purchases rather than through the creation of new limits and competition for transactions. Tozanli (1998) demonstrated that due to mergers and acquisitions the number of European dairy companies is decreasing and that this process of concentration is infinite in the European dairy industry where the significant trend is towards a clearly oligopolistic market structure . ProductsInternational trade in milk and dairy products has undergone very significant changes over the past two decades, leading to changes in opening agreements in countriesWesterners and their choices to stop financing products from this industry. All things considered, a fundamental change in the form and type of major exporters and importers has occurred on the global dairy scene as a result of this market organization. The volumes delivered and products largely financed by the exchange, such as powdered milk and spreads, were largely influenced and experienced notable declines, even if high-value products such as cheese or matured milks been spared from this fundamental change (Commonwealth Bank, 2010). Most dairy products traded are managed modernly and on a large scale by multinational organizations. Thus, we can speak of a market which is gradually concentrated between a few giants of Western countries, but which are gradually being challenged by the powers of industrialized developing economies (Rabobank, 2001). The latter are part of universal orientations while being competitive on a global scale in terms of volumes and costs. However, each of these organizations of developing economies does not have a similar situation when it comes to international guidelines and models that oversee global trade in agricultural and food products. Major Producer/ExporterOne of our major producers of dairy products in Malaysia is Zaman Dairy. Farm Malaysia. Zaman Dairy Farm is located in the lush greenery of Bentong Pahang. Due to the vast area of natural environment, Zaman Dairy Farm produces fresh milk for all Malaysian families. The main dairy cattle population in Malaysia was initially Indian Local Cattle (LID). Farm animals expressed excellent adaptability to the local climate. The crossing of Bos Taurus dairy breeds and Zebu dairy breeds was considered the best alternative to improve the productivity of the local dairy industry. Apart from this, another major producer of dairy products is Malaysia Dairy Industries Pte Ltd (MDI). Malaysia Dairy Industries Pte Ltd is formed as a joint venture between Singaporean partners and the Australian Dairy Produce Board. Malaysia Dairy Industries Pte Ltd, together with its subsidiaries, produces, distributes and markets dairy products and beverages to customers in Singapore and overseas. Products such as sweetened condensed milk, condensed milk, UHT milk, pasteurized milk, cultured milk, non-alcoholic yogurt and yogurt drinks are offered by Malaysia Dairy Industries Pte Ltd (Company Overview of Malaysia Dairy Industries Pte Ltd, 2018). Main importers of dairy products such as cheese, yogurt, ice cream are imported into our country. The food industry has used milk proteins as a structural ingredient for many food products. All imported dairy products, including ingredients for the food industry, must be halal certified, but are subject to change as the Malaysian Department of Veterinary Services (DVS) updates the product importation protocol dairy. With around 50 percent market share, New Zealand is the largest supplier, followed by Australia and the United States. The United States is competitive in the production of dairy powders, while New Zealand focuses on the butter and cheese sectors and Australia focuses on yogurt, ice cream, butter and cheese ( Malaysia-Agricultural Sector, 2018). Provide relevant statistics or trends according to Figure 1 below shows the production of milk drinks in Malaysia from 2013 to 2017. Milk drinks produced are approximately 140 million.
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