The domestic fluid milk consumption in China is forecasted to steadily rise from 2024 through 2028, starting at 17.27 million metric tons in 2024 and reaching 19.13 million metric tons by 2028. Comparing with 2023, the consumption stood at approximately 16.75 million metric tons, indicating a consistent growth path.
Year-on-year growth rates indicate a strong, sustainable increase, marking percentages of around 3% annually. The Compound Annual Growth Rate (CAGR) for the five-year forecast period suggests an average yearly increase of approximately 2.6%.
Future trends to watch for include shifts in consumer preferences towards healthier and functional milk products, potential impacts of policy changes regarding dairy imports, and innovations in dairy processing and production technologies. Monitoring these aspects will be crucial for comprehensively understanding the dynamics impacting fluid milk consumption in China.
