By 2030, more dairy herds but lower yields are expected worldwide

Published Jul 16, 2021

Tridge summary

A new report by the FAO and the OECD predicts that global milk production will grow by 1.7% annually, reaching 1.02 billion tonnes by 2030. The majority of this production will be cow's milk, with butter production expected to grow at 1.9% annually. India and Pakistan are expected to contribute over half of the world's milk production growth in the next decade. The dairy sector has shown resilience during the COVID-19 pandemic, with the impact varying regionally.

The report also highlights the need to improve genetics, feeding efficiency, and animal health to increase yield. The European Union is expected to see a decline in dairy herds, while North America is expected to see production growth from yield increases. Africa is projected to have strong production growth, with most milk production coming from goats and sheep. The dairy sector has been more resilient than other sectors during the pandemic, with the impact varying regionally.

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

Original content

World milk production will grow 1.7% annually to reach a total of 1.02 billion tonnes by 2030, faster than most other major agricultural products. This is indicated by a document from the FAO and the OECD that indicates that this world production is divided into 81% of cow's milk, 15% of buffalo and 4% of goat, sheep and camel (combined). In 2020 861 million tons will be achieved. While the global average growth of herds (1.1% per year) is higher than the growth of the global average yield (0.7% per year), the changing averages are the result of herds growing faster in countries that have yields. relatively low. When disaggregating between dairy products, the report notes that butter production is projected to grow at 1.9% annually. All other dairy products are projected to grow at slower rates, with skimmed milk powder and cheese at 1.2% per year, and whole milk powder at 1.4% per year. (Read: Optimistic projections for dairy worldwide) In almost all regions of the world, yield ...

Source: MXContexto