The forecast for fluid milk supply in Mexico shows a consistent increase from 2024 to 2028, starting at 13.51 million metric tons in 2024 and reaching 13.82 million metric tons by 2028. The year-on-year variation indicates a stable growth trend with percentage increases around 0.6% to 0.8% annually. This stability can be useful for strategic planning and market expectations. In 2023, the supply stood at approximately 13.44 million metric tons, giving a clear baseline for observing future trends. The CAGR for this period is anticipated to be around 0.68%.
Future trends to watch for include potential impacts of climate change on dairy farming, advancements in dairy farming technology, changes in consumer behavior towards alternative milk products, and possible economic or regulatory changes that could affect production and supply chain logistics.