In 2023, milk gross production in China stood at 20.05 Billion US Dollars PPP = 2004–2006. Moving into 2024, the forecasted production is 21.03, marking a 4.9% year-on-year increase. For 2025, the production is expected to rise by another 4.8% to reach 22.032. By 2026, it projects a 4.5% increase to 23.025, and further expands by 4.3% in 2027 to hit 24.007. Finally, the growth rate for 2028 indicates a 4.1% increase, bringing the total to 24.98. Over the last five years, the compound annual growth rate (CAGR) remains robust at 4.5%.
Future trends to watch for include technological advancements in dairy farming, changes in consumer preferences towards dairy products, and government policies supporting the dairy industry, which could further influence production levels in the following years.
