The butter and ghee market in China shows a stable forecast from 2024 to 2028, with a per capita volume of 0.15 kilograms each year. This consistent level indicates no forecasted year-on-year variation in per capita consumption for this period. The 2023 data culminated in a 0.15 kilograms per capita, sustaining an unwavering trend throughout the five-year outlook. The calculated compound annual growth rate (CAGR) over these five years remains at 0%, reflecting no anticipated growth or decline in volume consumption per individual.
Future trends to watch in this market include potential shifts in consumer preferences towards healthier diets, influencing butter and ghee consumption. Additionally, changes in economic conditions or dairy product innovations could impact future consumption patterns. Monitoring these areas could uncover latent growth opportunities or emerging challenges within this sector.
