The whole fresh cow milk-producing population in the Philippines stood at 5.43 thousand heads in 2023. The forecast data for the years 2024 to 2028 indicates a stabilizing trend in the population, with a slight decrease from 5.42 thousand heads in 2024 and 2025 to 5.41 thousand heads from 2026 to 2028. The year-on-year variation between 2024 and 2025 is 0%, while a minimal decreament of approximately -0.18% occurs from 2025 to 2026. The five-year CAGR (Compound Annual Growth Rate) from 2023 to 2028 shows a negligible average decline.
Future trends to watch for:
- Technological advancements in dairy farming that could affect herd productivity and population stabilization.
- Potential policy changes or subsidy programs aimed at boosting local dairy production and supporting farmers.
- Impact of climate change and environmental factors on livestock health and productivity.
- Market demand fluctuations and its effect on the dairy-producing sectors.