The forecast for dry whole milk powder consumption in China shows a steady year-on-year increase from 2024 to 2028, starting at 1.74 million metric tons in 2024 and reaching 1.85 million metric tons by 2028. In 2023, China's consumption stood at approximately 1.71 million metric tons, indicating a gradual upward trend in demand. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is expected to average around 1.5%, reflecting consistent but moderate growth in the sector.

Future trends to watch for include:

The impact of dietary changes and increasing health consciousness among consumers.
Potential shifts in trade policies affecting import/export dynamics.
Technological advancements in milk powder production and efficiency.