The butter and ghee fat supply quantity per capita in China is projected to remain relatively stable in the near future, with only slight increases. In 2023, this value was recorded at 0.35 grams per capita per day. From 2024 to 2028, forecasts indicate a modest rise from 0.36 to 0.37 grams. This suggests a minimal year-on-year growth of approximately 1.39% over the forecasted period. The compound annual growth rate (CAGR) over these five years is anticipated to be steady, reflecting a stable demand trajectory.
Future trends to watch for include potential shifts in dietary preferences towards greater consumption of dairy products, which might influence the demand for butter and ghee. Additionally, economic factors such as income growth and urbanization could impact consumption patterns and market dynamics.
