In 2023, Russia led global fluid milk domestic feed use consumption with 42.33 thousand metric tons, despite a slight 1.17% decrease from the previous year. Ukraine saw a more significant decline of 8.62%, ending at 14.87 thousand metric tons. Conversely, the United States and Brazil experienced growth, with increases of 2.24% and 2.3%, respectively. New Zealand recorded a substantial rise of 9.46%. Canada, Belarus, and Japan saw minimal declines. Over the past five years, the compounded annual growth rate (CAGR) varies, indicating dynamic market shifts in different regions.
Future trends to watch include:
- Potential recovery in Ukraine's consumption as geopolitical stability improves.
- Continued growth momentum in New Zealand driven by increased dairy production efficiency.
- Monitoring impact of regulatory changes in major milk-producing nations on feed use.
- Technological innovations in animal nutrition possibly altering feed consumption patterns.
Top countries in Fluid Milk Domestic Feed Use Consumption Share by Country (Thousand Metric Tons)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 42.33 | 2023 | -2.37% | -1.17% | View data |
| 2 | 2 Ukraine | 14.87 | 2023 | -9.72% | -8.62% | View data |
| 3 | 3 Belarus | 12.13 | 2023 | -0.93% | -0.45% | View data |
| 4 | 4 United States | 11.78 | 2023 | +3% | +2.24% | View data |
| 5 | 5 Canada | 10.64 | 2023 | +1.09% | -0.96% | View data |
| 6 | 6 Brazil | 4.69 | 2023 | 0% | +2.3% | View data |
| 7 | 7 New Zealand | 2.52 | 2023 | 0% | +9.46% | View data |
| 8 | 8 Japan | 1.03 | 2023 | 0% | -0.44% | View data |
