Based on the forecasted data, South Africa's milk production is expected to increase steadily over the next five years. In 2023, the milk production stood at 3.65 million metric tons. The projected figures show an increase from 3.73 million metric tons in 2024 to 4.03 million metric tons in 2028.
- 2024: +2.19%
- 2025: +2.14%
- 2026: +1.84%
- 2027: +2.06%
- 2028: +1.77%
Compound Annual Growth Rate (CAGR) over the five-year period is approximately +2.00%.
Future trends to watch for include advancements in dairy farming technologies, policy changes affecting agriculture, climate change impacts, and shifts in both local and global demand for dairy products. Monitoring these factors will be pivotal in understanding and forecasting more precise future production levels.
