Analyzing China's whole fresh goat milk production from 2013 to 2023 reveals a historical peak in 2014 followed by a decline. In 2023, production stood at 226.87 thousand metric tons, representing a year-on-year decrease of 0.94% and a five-year CAGR of -0.74%. In recent years, production has shown slight declines, attributed to various factors such as fluctuating demand and production challenges.
Looking ahead, forecasts suggest a continuation of this downtrend, with production expected to decrease to 215.63 thousand metric tons by 2028. The forecasted five-year CAGR is -0.8%, indicating a steady decline in production volume.
Future trends to watch for:
- Potential policy changes or government support for the dairy sector.
- Shifts in consumer preferences towards goat milk products.
- Technological advancements in production efficiency.
- Environmental and climatic impacts on goat farming.