Analysis of milk production at farm gate in China from 2013 to 2028 reveals several trends. Actual data from 2013 to 2023 indicate fluctuations with notable declines in 2017 and 2018, followed by a recovery phase. In 2023, production stood at 18.7 billion euros, reflecting modest year-on-year growth of 2.6%. The recent 5-year CAGR leading up to 2023 was 5.2%, showing a stable upward trend in production volume.

Projected data from 2024 to 2028 suggests a consistent growth trajectory with an average annual growth rate (CAGR) of 1.84%, and an overall growth rate of 9.56% over the five years. This indicates a positive outlook for milk production, albeit with slower growth compared to recent years.

Future trends to watch for include:

Technological advancements and their impact on productivity and efficiency.
Changes in consumer preferences and their influence on demand.
Global market dynamics, trade policies, and their effect on the domestic dairy industry.