Global milk production shifts from Europe to US

Published 2024년 10월 29일

Tridge summary

Rabobank's analysis at the World Dairy Expo forecasts a decline in European milk production due to legislation, environmental impacts, and labor shortages, anticipated to decrease by around 10 million tons by 2035. New Zealand and Australia may also experience slight reductions due to environmental and competitive pressures, respectively. In contrast, South America is projected to see a significant increase in milk production, with China's demand for high-quality dairy products contributing to global market dynamics. The United States is expected to benefit greatly from the anticipated rise in global dairy demand, with an increase in annual milk production by approximately 1.5% per year, reaching 19 million tons by 2035, largely attributed to higher milk production per cow.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

While milk production in Europe will be under severe pressure in the coming years, it is expected to grow strongly in the United States. This is what news site The Bullvine writes in response to a presentation by Rabobank at the World Dairy Expo. Legislation and labor shortages put pressure on European production With a share of approximately 30 percent of the world dairy trade, Europe is still one of the most important players on the international dairy market. However, European milk production is expected to decline in the coming years as a result of nature and environmental legislation in the context of the European Green Deal. Increasing demands on animal welfare and the lack of well-trained employees and successors for companies of farmers who are ceasing their activities will also put pressure on production. Rabobank expects that annual European milk production will be approximately 10 million tons lower in 2035 than it is now. Stable production in Oceania For Australia and ...

Source: Veeteelt