Bega's adviser, David Williams of Kidder Williams, urged competition regulators to take a more «balanced» view of the dairy sector, saying industry rationalisation was necessary to build scale and enable the Australian industry to take a bigger share of the booming
Asian dairy market.
The company, which has grown sales from $ 7 million in 2012 to $ 23 million in 2013 and $ 36 million in 2014, hopes to take advantage of strong overseas interest in the Australian and
Asian dairy markets.
Not exact matches
«These prices were supported by strong demand for quality
dairy ingredients in emerging
markets across a number of
Asian economies, as well as Brazil and China, offsetting economic uncertainty in Europe,» he added.
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The exports arrangements, sealed earlier this year, will expand Australia's
dairy exports to China outside of the current main export, with the
Asian giant Australia's second - largest
market for long - life milk.
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