Camels stand in pens at the Good Earth Dairy camel dairy farm in Yathroo, Australia.

Camels stand in pens at the Good Earth Dairy camel dairy farm in Yathroo, Australia.

Photographer: Philip Gostelow/Bloomberg

The World Wants More Camel Milk. Australia Can Help

  • Australian dairy wants to expand output to 10,000 liters a day
  • World's biggest wild camel herd gives Australia opportunity

Marcel Steingiesser gave up a 14-year career at the world’s biggest mining company to stake his future on what he says is an even better opportunity — Australian camel milk.

That’s because while demand is growing in the U.S. and Asia as camel milk’s purported health benefits attract drinkers outside the traditional markets in Africa and the Middle East, there simply aren’t enough camels available globally to supply the milk that retails for as much as $19 a liter ($72 a gallon) in parts of Asia.