Whole fresh cow milk production in Malaysia saw a decline from 2016 onwards, after a period of modest growth from 2013 to 2015. The production stood at 33.81 thousand metric tons in 2023, indicating a year-on-year decrease of 3.87% from 2022 and a 5-year CAGR of -2.56%. The steep decline in 2016 was primarily responsible for the negative trend observed over the years. Production has been steadily decreasing, with forecasts suggesting a continued decline at a 5-year CAGR of -3.75%, projecting to 26.7 thousand metric tons by 2028.
Future trends to watch for include advancements in dairy farming technology, policy changes, and consumer preferences towards dairy alternatives which could significantly impact production levels. Strategic initiatives to improve local milk yield and productivity could stabilize or potentially reverse current trends. Environmental and sustainability factors will also play a crucial role in shaping the dairy industry's future in Malaysia.
