Whole milk production in Spain stood at 1.22 million metric tons in 2023. The forecasted data indicates a gradual decline over the next five years, with production decreasing from 1.19 million metric tons in 2024 to 1.09 million metric tons by 2028.
Year-on-year variation shows a progressive decline: 2025 (-1.68%), 2026 (-2.56%), 2027 (-1.75%), and 2028 (-2.68%). Over the forecast period, the compound annual growth rate (CAGR) reveals an average annual decrease of 2.16% from 2023 to 2028.
Future trends to watch for include potential impacts of shifts in consumer preferences towards plant-based dairies, regulatory changes affecting dairy farming, and technological advancements in dairy production. Monitoring these factors will be critical for stakeholders in the Spanish dairy industry.
