The whole fresh cow milk production in Thailand stood at 1.3078 million metric tons in 2023. Over the last two years, there was a steady growth of 1.87% in 2022 and 1.8% in 2023. Analyzing the period from 2013 to 2019 reveals minimal fluctuations, with consistent production levels from 2015 to 2019 followed by a slight decrease in 2020. The five-year CAGR up to 2023 was 1.74%, indicating moderate growth. Looking ahead, the forecasted data shows an increasing trajectory reaching 1.4287 million metric tons in 2028, with a forecasted five-year CAGR of 1.39% and an overall growth rate of 7.16%.
Future trends to watch for include:
- Technological advancements in dairy farming and production.
- Changes in consumer demand and dietary preferences within Thailand.
- Potential shifts in export markets and international trade agreements affecting dairy exports.
- Sustainability initiatives and their impact on production practices.
- Government policies and investments in agriculture and dairy sectors.
