Key Market Indicators
Milk consumption is predicted to drop slightly over the next five years, falling by 0.1% on average annually. However, demand is expected to jump by 0.5% year on year. The UK, Italy, and France rank 2nd, 3rd and 4th in milk consumption. Italian milk production is forecast to grow 0.8% annually until 2026, reaching 14.1 million metric tons. The country saw a 3.3% increase in supply since 1966. Poland overtook Italy in 2021, coming in 13th place. The US Virgin Islands, Pakistan and Brazil ranked 2nd, 3rd and 4th.