Whole fresh goat milk production in South Korea has seen fluctuating trends from 2013 to 2023, with recent years showing a slight upward movement. The production value stood at 10.61 thousand metric tons in 2023, reflecting a steady trend with a year-on-year increase of 0.56% and a 5-year CAGR of 1.28%. The initial years exhibited considerable volatility, with notable peaks and troughs; however, the overall long-term trend remains positive.
Future trends to watch for:
- Continued steady growth with a projected 5-year CAGR to 2028 of 0.45%
- Potential market expansion and changes in consumer preferences
- Technological advancements in dairy farming and production processes
These factors may influence the stability and growth of the goat milk market in South Korea over the next few years.