Tridge summary
The EU Commission forecasts a gradual increase in milk production to 162 million tons per year by 2030 at a rate of 0.6% annual growth. This growth is expected to be fueled by the segmentation of the dairy industry, with an anticipated 10% share of organic milk and other specialized production systems. Despite this, the number of dairy cows is projected to decrease by 7% to 19.2 million. The EU is expected to remain the leading exporter of dairy products, with an annual export value growth of 3% driven by higher cheese demand and improved whey utilization. Milk production in New Zealand and the US is also expected to grow slightly. Globally, milk production is anticipated to increase due to growth in developing countries, with a slowdown in import demand despite rising demand for high-quality dairy products and raw materials in the EU, leading to an increase in the EU raw milk price, keeping the EU competitive globally.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The EU Commission expects a production of 162 million tons of milk per year in 2030 or an annual growth of 0.6% in the next ten years. While milk production continues to increase by 1.4% per year, the segmentation of production will prevent a sharp decline in dairy herds: the proportion of organic milk production is expected to be 10% in 2030 (3.5% in 2018), but also others Systems such as pasture-based, hay-based or GMO-free feeding could increase. In addition, the demand for short supply chains and local food systems encourage direct marketing. According to the experts, this greater segmentation prevents a greater decline in the number of dairy cows in the EU. They assume that this will be reduced to 19.2 million animals by 2030 (7% less than in 2020). EU consumption of dairy products in 2030 (number above bars) and change in selected periods (kg per capita; blue: change from 2010 to 2020; red: change from 2020 to 2030; together: absolute change from 2010 to 2030). (Image ...
Source: Top Agrar Online
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