The whole fresh goat milk producing population in Chile has shown a downward trend from 2013 to 2023, starting at 370,000 heads in 2013 and decreasing to 172,060 heads in 2023. The decline is marked with significant year-on-year fluctuations, including a 33% drop in 2014 and a sustained fall over the last six years, averaging an annual decline of approximately 5% from 2021 to 2023. The last five years show an average annual decrease (CAGR) of -7.19%.
Future trends indicate further decline with forecasts suggesting a compound annual growth rate (CAGR) of -4.59% from 2024 to 2028. By 2028, the producing population is expected to decrease further by approximately 21% compared to 2023.
Key future trends to watch for include:
- Impact of changing climate conditions on goat herding and milk production capabilities.
- Government policies and incentives to stabilize or boost goat milk production.
- Technological advancements in goat farming that may improve yields or efficiencies.
- Market demand shifts both domestically and internationally for goat milk and related products.
