In 2023, China's nonfat dry milk supply stood at approximately 418.0 thousand metric tons. The supply is forecasted to increase annually from 2024 to 2028, with values ranging from 427.0 to 463.0 thousand metric tons. This reflects a steady year-on-year increase of about 2.1% over the forecast period, highlighting a consistent growth trajectory due to rising demand and production efficiencies. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be about 2.1%, further emphasizing a stable upward trend in supply.

Future trends to watch for include:

Potential impacts of agricultural policies and trade agreements on milk supply.
Technological advancements in dairy farming and processing.
Changes in consumer preferences and health trends influencing nonfat dry milk demand.
Environmental challenges and sustainability efforts in dairy production.