The domestic consumption of peanut meal in China is projected to rise modestly from 2024 to 2028, starting at 8.23 million metric tons in 2024 and increasing to 8.74 million metric tons by 2028. Compared to 2023, this reflects steady growth. The year-on-year growth estimates indicate a slight upward trend, averaging an annual increase of approximately 1.2%. This consistent growth pattern highlights a stable demand trajectory for peanut meal in the Chinese market.
Future trends to watch for include:
- Emerging dietary preferences that could influence peanut meal demand.
- Potential shifts due to domestic agricultural policies or global economic conditions.
- Technological advancements in agriculture that might impact production and supply chains.
