Key Market Indicators
Japanese milk production is set to dip by 0.4% year-on-year, to a total of 7.1 million metric tons by 2026. This marks a decrease of 0.5% since 1966. In 2021, Japan ranks 24th in global milk production, at 7.2 million metric tons. Australia overtook Japan in this ranking, with the United States Virgin Islands, Pakistan and Brazil taking the second, third and fourth spots, respectively.
