Whole fresh cow milk production in Mexico has shown a consistent growth pattern from 2013 to 2023, standing at 12.819 million metric tons in 2023. After a slight downturn in 2020 with a 4.2% drop, the production recovered strongly in 2021 with a 6.53% increase, and continued to grow modestly in the subsequent years, with a 1.13% year-on-year increase in 2023. The compound annual growth rate (CAGR) over the past five years was 1.32%.
Looking ahead to the forecasted period from 2024 to 2028, the production is expected to continue its upward trajectory, with a forecasted 5-year CAGR of 0.9%, resulting in a 4.56% growth rate by 2028. Keeping an eye on innovations in dairy farming, changes in domestic demand, and international trade policies will be crucial for understanding future trends in the Mexican dairy industry.
