Milk production and processing is the most important component in livestock sector in Armenia. The favorable natural conditions of Armenia contribute to the production of dairy products.
Significant amount of milk is still imported to Armenian market, although during last 15 years the average growth rate of produced milk made up about 34%.
Nowadays there are more than 265 milk processing companies in Armenia. Strong competition among the participants of Armenian diary market nowadays creates opportunities for milk producing farmers to become strong economic leaders in the local market. However due to the lack of the necessary financial and production means the industry operates at only 30% of its capacity.
PRODUCTION OF BASIC DIARY PRODUCTS IN RA, 2004-2008
|Wholemilk dairy products in milk equivalent||279||300||312||351||369|
Source: National Statistical Service of Armenia