The forecast for milk production in India from 2024 to 2028 shows a steady upward trend, with values projected to rise from 227.89 million metric tons in 2024 to 252.14 million metric tons in 2028. By comparison, the milk production level stood at around 221 million metric tons in 2023. Year-on-year, there is an estimated increase of approximately 2.74% each year, reflecting a consistent growth trajectory. Over this five-year forecast period, the compound annual growth rate (CAGR) is about 2.54%.
Future trends to watch in the Indian milk production sector include increased adoption of technology and digital solutions in dairy farming, potential impacts of climate change on dairy yields, and changes in consumer demand towards more sustainable and organic dairy products. Efforts to improve efficiency and productivity in the dairy supply chain will also be crucial.
