OECD forecasts regarding the development of the world dairy market

The OECD predicts that global milk production (including 81% cow milk, 15% buffalo milk and 4% goat, sheep and camel milk combined) will grow by 1.6% annually over the next decade, reaching 1,085 million tonnes by 2033 year Growth rates outpace those of other major agricultural commodities and are driven by increased productivity per animal. More than half of this growth is expected to come from India and Pakistan, which together will account for more than 30% of global production by 2033. A significant increase in production is also expected in China and African countries. Instead, milk production in the European Union, the second largest milk-producing region, is expected to decline slightly due to stagnant demand, environmental policy restrictions and a shift to alternative production systems such as organic and pasture-based farming, leading to a reduction in cow numbers. In Oceania, production is expected to continue to grow modestly due to sustainable production policies and ...