Based on the provided data, Thailand's whole fresh cow milk gross production shows a consistent upward trend from 2024 to 2028, with values ranging from 518.34 million USD PPP in 2024 to 542.7 million USD PPP in 2028. The year-on-year percentage variations indicate steady growth; from 2024 to 2025, the increase is approximately 1.19%, and similarly, from 2025 to 2026, it is around 1.17%. The average annual growth rate (CAGR) over this five-year period is approximately 1.15%.
In 2023, whole fresh cow milk gross production in Thailand stood at 512 million USD PPP. Over the last two years, this represents a yearly increase of approximately 1.23%, indicating a stable and predictable market increment.
Future trends to watch in the Thai dairy market include potential impacts of technological advancements in dairy farming, changes in consumer dietary preferences, government policies promoting local dairy production, and global market fluctuations that might influence domestic production levels.