Fluid milk factory use consumption in China stood at 26.2 Million Metric Tons in 2023. For the forecast period from 2024 to 2028, it shows a steady increase: 26.96 in 2024, 27.73 in 2025, 28.5 in 2026, 29.26 in 2027, and 30.02 Million Metric Tons in 2028. The year-on-year growth rates for 2024 and 2025 are approximately 2.9%. The compounded annual growth rate (CAGR) over the five-year period from 2024-2028 is around 2.8%, highlighting a consistent upward trend.
Future trends to watch for include potential impacts of dietary changes, economic shifts in China, and technological advancements in dairy farming and processing. Additionally, global trade policies and consumer demand for dairy alternatives could also influence this market.
