In 2023, the exports of food and live animals used mainly for food in China stood at a significant level, as the projections suggest a consistent growth trend from 2024 onwards. The market forecasts a steady increase in export value, with a year-on-year growth of approximately 2.78% from 2024 to 2028. This indicates a robust demand for Chinese food and live animal exports globally. Over a five-year period, the compound annual growth rate (CAGR) is expected to strengthen, reflecting positive market conditions.
Future trends to watch for include the potential impact of trade policies, global economic conditions, and China's strategic initiatives to enhance agricultural productivity and trade relations. Additionally, evolving consumer preferences and sustainability developments could play crucial roles in shaping this sector.
