The livestock gross production in China is forecasted to grow steadily from 2024 to 2028. In 2023, the value stood at approximately 305.5 billion USD PPP, marking a progressive increase in the subsequent years. The year-on-year growth rates from 2024 to 2028 show consistent increments, with the highest rise expected between 2027 and 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 implies a healthy average annual growth.
Future trends to watch for include:
- Potential impacts of environmental policies on livestock production.
- Technological advancements in agriculture affecting productivity.
- Shifts in consumer preferences toward plant-based alternatives.
