The milk consumption at farm gate in Mexico has shown significant fluctuations from 2013 to 2023. In 2023, the milk consumption was 17.27 million metric tons. The consumption displayed a decreasing trend in 2020 but rebounded in the following years, including a 3.83% increase in 2023. The 5-year CAGR from 2018 to 2023 indicates an average annual growth rate of 1.84%. Looking at the forecast, the milk consumption is expected to continue growing at a more modest average annual rate of 0.97% until 2028, resulting in a forecasted consumption of 18.35 million metric tons.
Future trends to watch for include potential impacts of economic shifts, advancements in dairy technology, changes in consumer preferences towards dairy or dairy alternatives, and government policies affecting the dairy industry. Additionally, global trade dynamics and sustainable farming practices could also play a crucial role in shaping the milk consumption trends at the farm gate in Mexico.
