In 2023, the whole fresh goat milk producing population in China stood at 1.241 million heads. Analyzing the year-on-year variations, there has been a noticeable declining trend from 2014 to 2019, followed by a steady decrease from 2020 to 2023 with minor fluctuations. The CAGR over the last five years ending in 2023 was -0.54%, indicating a gradual reduction in the producing population. This downtrend is projected to continue, with a forecasted 5-year CAGR of -0.63%, leading to a forecasted population of 1.1924 million heads by 2028. Significant factors include declining demand, changes in farming practices, and market conditions.
Future trends to watch for include potential technological advancements in goat farming, changes in consumer preferences towards goat milk, and possible government policies affecting the agricultural sector. It will be crucial to monitor these factors to understand their impact on the goat milk producing population. Additionally, shifts in global trade dynamics and environmental sustainability practices could also influence future projections.
