Nowadays, about 300 milk collecting companies and 70 dairy companies are operating in Armenia. Despite the high level of milk production and the advanced level of the market, most of the milk is imported. In Armenia, the insufficiency of milk output is accounted for, primarily, lack of specialized farms. 90 percent of these producers are individual farmers who have an average of 1-2 livestock. In recent years dairy products have been diversified and can be found in local dairy products.
Agroleasing, in collaboration with the US Department of Agriculture Marketing Assistance Program, has funded the production of dairy products, equips the leading companies in the current market, imports the first milk cooling equipment, and promotes the establishment of dairy producers’ associations.
Dairy production development financing starting at 12% annual interest rate.