The forecast for millet protein supply quantity per capita in China indicates a consistent decrease from 2024 to 2028, starting at 0.095 grams in 2024 and dropping to 0.082 grams by 2028. In 2023, the actual supply stood higher than these forecasted figures, reflecting a noteworthy declining trend. The year-on-year declines suggest a gradual reduction in millet protein consumption, likely around 3-4% each year. The compound annual growth rate (CAGR) over the next five years depicts a slow downward trajectory, emphasizing a steady reduction in millet protein availability per capita daily.
Future Trends to Watch:
- Monitor potential shifts in consumer preferences that could further influence millet demand.
- Assess agricultural policy changes or innovations affecting millet production efficiency.
- Observe global trends in grain protein substitutes and their impact on millet consumption.
