Key Market Indicators
Brazil's milk production is expected to rise 1.1 percent annually between 2021 and 2026. This follows an average annual growth rate of 1.8 percent since 1966. As of 2021, Brazil placed third in the ranking of global milk production at 39.6 million metric tons. The United States Virgin Islands and Pakistan were first and second, respectively, at 37 million metric tons and 37.1 million metric tons.
