Tetra Pak, a food processing and packaging company of Swedish origin, has set its eyes on 2.7 billion low-income consumers from six developing countries for the growth of daily industry, according to the Tetra Pak dairy index, which tracks worldwide facts, figures and trends in the global dairy industry.

The six developing countries are India, China, Indonesia, Brazil, Pakistan and Kenya, which account for more than 76% of daily products consumption.

Tetra Pak president and CEO Dennis Jonsson said low-income consumers represent one of the biggest growth opportunities for the dairy industry.

"They make up almost 40% of the world’s population and consume 38% of liquid dairy products in developing countries," Jonsson said.

According to the dairy index, consumption by low-income consumers in developing countries could increase from around 70 billion litres in 2011 to about 80 billion litres in 2014.

This is because of increase in spending power of emerging consumers and need for convenient ready-to-drink solutions.

In order to reach low-income consumers of developing countries, the company plans to make the products affordable, available and attractive.The growth is expected to be led by major players like Asia, Africa and Latin America.

The report also states that demand for Liquid Diary Products is set to increase by 2.9% in 2011-2014 from 2.5% in 2008-2011.

Jonsson said providing affordable, healthy and nutritious packaged LDP to DiP (Deeper in the Pyramid) consumers is not just a business opportunity.

"It is an opportunity to transform lives by making safe and nutritious food available to a new generation of emerging consumers," Jonsson added.