The data shows India's milk gross production increases steadily from 2024 to 2028, indicating a strong upward trend. The value in 2023 was recorded at approximately 100.67 billion USD (PPP 2004–2006). For the forecasted years, the year-on-year growth percentages are as follows: 2024 (1%), 2025 (1.02%), 2026 (0.99%), 2027 (0.98%), and 2028 (0.96%). The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately 0.99%, reflecting a consistent growth trajectory.
Future trends to watch for include the impact of technological advancements in dairy farming, potential policy changes in agriculture, and shifts in consumer demand toward organic and locally-sourced milk products. Additionally, climate change and its effects on agriculture could influence future production levels.
