Based on the provided data, the output of milk from state farms in China in 2024 is forecasted to be 528.92 Ten Thousand Metric Tons, increasing each year to reach 567.29 Ten Thousand Metric Tons by 2028. In 2023, the output stood at 515.20 Ten Thousand Metric Tons. The year-on-year variation is forecasted to be approximately 2.46% in 2025, 1.92% in 2026, 1.51% in 2027, and 1.19% in 2028. Over the longer term, the compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be around 1.77%.
Future trends to watch for include improvements in dairy farming technology, changes in domestic and international demand, government policies affecting agriculture, and potential environmental impacts that may influence milk production levels. Additionally, shifts in consumer behavior towards dairy consumption and possible supply chain enhancements will be crucial in shaping the future landscape.
