Between now and 2030, the worldwide demand for milk and milk products will be three times the level of current U.S. milk production, according to findings released in the latest publication from the International Farm Comparison Network (IFCN), and discussed recently at the 19th IFCN Conference.
“More milk will be needed on the market. The increase of demand is not only due to more people living in the world, but also the per capita consumption will increase, due to growing prosperity and worldwide investments in dairy product development,” Dr. Torsten Hemme, Managing Director of the IFCN, stated.
The founder of IFCN underlined that the increased demand will be covered by higher global milk supply. The dynamics of structural changes of dairy farms internationally will continue and farms will intensify their farming systems. Hemme said that ‘By 2030, IFCN forecasts an increase in milk production and demand in total by 35%’. Read more: IFCN Dairy Outlook 2030 Brochure, Read more: IFCN Dairy Outlook 2030 Article