Asia dairy growth | Dairy Set to Explode: Fastest Growing Commodity by 2034!
- ZISK
- Jul 22
- 1 min read
Global Milk Production Forecast to Surge, Driven by Asia & Africa.
The global dairy sector is poised for remarkable expansion, with milk production projected to be the fastest-growing agricultural commodity over the next decade. According to the OECD-FAO Agricultural Outlook 2025-2034, world milk output is forecast to increase by 1.8% annually, reaching 1.146 billion tonnes (1.112 billion litres) by 2034. This represents a substantial increase of 208 million tonnes (202 million litres) compared to the 2022-2024 average, highlighting a robust outlook for dairy economics.
The majority of this impressive milk production growth will originate from Asian and African countries, with India and Pakistan leading the charge. India’s volumes are expected to soar from 236.7 million tonnes in 2025 to 323.3 million tonnes in 2034, adding 84 million litres over the decade. Pakistan is also set for significant expansion, with output projected to climb from 66.6 billion tonnes (64.6 billion litres) in 2025 to 87 billion tonnes (81.5 billion litres) by 2034. In contrast, growth will be slower in the US and New Zealand, while the European Union is forecast to see a slight decline due to falling cow numbers despite yield increases.
July 21, 2025
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