The forecasted production of concentrated sweetened milk in Switzerland shows a steady decline from 2024 to 2028. The production values from 2024 to 2028 are 2.21, 2.17, 2.12, 2.08, and 2.04 thousand metric tons, respectively. Compared to the actual production value of 2.26 thousand metric tons in 2023, the year-on-year percentage variations indicate a consistent decrease: - 2024: -2.2% - 2025: -1.8% - 2026: -2.3% - 2027: -1.9% - 2028: -1.9%
The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 is -2.0%, highlighting the average annual decline in production over this timeframe.
Future trends to watch for include potential impacts of shifts in consumer preferences towards healthier or non-dairy alternatives, regulatory changes impacting dairy production, and global market dynamics influencing export potential and competition in the dairy sector.
