Abstract
Dairy has an important role in the livelihood of many countries. Dairy is the single major sector which contributes the maximum to global agricultural gross domestic product (GDP). High perishable nature of dairy products creates different challenges in the marketing value chain. The world dairy sector is highly competitive and also highly distorted due to high government interventions in the sector. The cost of cultivation of milk and processing cost of dairy products are the deciding factor of the competitiveness in the global market. The new product development and value chain improvements are essential in the changing food habit scenario. The developing and developed world has a structural difference in dairying pointing out the inappropriateness of one common policy for the whole world.
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18 August 2020
The affiliations in the contributors list in the FM for the editors and in the chapters 1, 8, 10, 11 and 14 were swapped incorrectly.
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Franco, D., Nagrale, B.G. (2020). Dairy Industry: Hurdles Ahead in an Economic Perspective. In: Minj, J., Sudhakaran V, A., Kumari, A. (eds) Dairy Processing: Advanced Research to Applications. Springer, Singapore. https://doi.org/10.1007/978-981-15-2608-4_13
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DOI: https://doi.org/10.1007/978-981-15-2608-4_13
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