Switzerland's milk production is forecasted to decline gradually from 3.7842 million metric tons in 2024 to 3.7274 million metric tons by 2028. The year-on-year variations indicate a consistent decline, with a negative trend visible across all forecasted years. Specifically, the decline from 2026 to 2027 is expected to be about 0.37%, while the drop from 2027 to 2028 is projected at around 0.37%. From 2023 to 2024, the production was 3.7988 million metric tons, indicating a decline of 0.39%. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be -0.30% per year.
Future trends to watch for:
- Potential shifts in consumer demand towards plant-based milk alternatives.
- Policies and regulations impacting dairy farming practices.
- Technological advancements in dairy production and supply chain management.
- Climate change and its effects on agricultural productivity.
