Dairy production accounts for a large part of the GDP of many countries. Those exporting significant surpluses of milk include members of the European Union, New Zealand, Australia, Argentina and the USA. Today, the world’s dairy products trade is estimated to be worth US$25 billion or roughly 53 million tonnes of milk equivalents. This only accounts for about 7% of the world’s total output.
Olam is the dairy ingredients supplier of choice to many markets and end users. Commencing in 2004 with the supply of our first consignment of milk powders into Algeria, we have since grown into a dairy business with extensive operations across more than 20 countries worldwide. Today we are among the top five traders of dairy ingredients in the world.