Forecast: Nonfat Dry Milk Production in China

In 2023, China’s production of nonfat dry milk stood at 25.5 thousand metric tons. The forecasted data from 2024 to 2028 indicates a gradual increase, with production maintaining at 26.0 thousand metric tons for 2024 and 2025, rising to 27.0 thousand metric tons in 2026 and 2027, and reaching 28.0 thousand metric tons in 2028. Year-on-year growth shows stability in the early years with a 3.8% increase in 2026, a steady trend in 2027, and another 3.7% increase projected in 2028. Over the five-year period, the compound annual growth rate is expected to be moderate.

Future trends to watch for:

  • Increasing demand driven by China’s growing health and nutrition-focused consumer base.
  • Potential impacts of technology and innovation in the dairy production sector.
  • Regulatory changes that could affect the dairy industry.
  • Economic factors influencing both domestic consumption and global trade dynamics.

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