The forecast for partly skimmed milk production in Austria projects a decline from 200.64 thousand metric tons in 2024 to 187.06 thousand metric tons in 2028. This indicates a year-on-year reduction of 1.98% from 2024 to 2025, 1.82% from 2025 to 2026, 1.65% from 2026 to 2027, and 1.50% from 2027 to 2028. Over the previous two years leading up to 2024, the market experienced a stable trend with modest variations. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to average at -1.71%, suggesting a consistent downward trajectory.
Future trends to watch for include potential shifts in consumer preferences towards plant-based milk alternatives, regulatory changes impacting dairy production, and technological advancements in dairy farming. Additionally, fluctuations in global milk prices and trade policies may also influence domestic production levels.
