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Milk Leads Rice and Pork in Global Food Commodity Values

Milk Leads Rice and Pork in Global Food Commodity Values
Think rice is No. 1? Milk beats rice and pork as the world’s most valuable food commodity · businesstoday.in

Milk was the most valuable food commodity in the world in 2024.

It was worth about $379 billion.

Rice was close behind at $362 billion.

Pork ranked third at $355 billion.

Milk production reached 985 million metric tonnes.

Cows produced most of the milk, while buffalo milk was also important in the wider ranking.

Meat, eggs and milk occupied many of the highest spots.

Tomatoes were the only fruit or vegetable among the top 10 foods.

The rankings show how much people around the world depend on staple foods and animal products.

Key facts

Top commodity
Milk, with a 2024 gross production value of $379 billion
Global milk output
985 million metric tonnes in 2024
Cattle’s share
Cattle contributed 81% of global milk production
Second place
Rice, valued at $362 billion
Third place
Pork, valued at $355 billion
Meat production
Global meat production reached 374 million metric tonnes in 2024
Only produce in top 10
Tomatoes, valued at $136 billion

Quotes

Shivraj Chouhan

Indian political figure speaking at India-Japan Business Conclave

“"India Must Become The World’s Food Basket"”
businesstoday.in

Sources

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