The production of partly skimmed milk in Spain is predicted to witness a steady year-on-year increase from 2024 to 2028, starting from 1.54 million metric tons in 2024 and reaching 1.58 million metric tons by 2028. The values depict a consistent increase of around 0.65% annually, reflecting a compound annual growth rate (CAGR) of approximately 0.65% over this five-year period. In 2023, actual production stood at 1.53 million metric tons, slightly lower than the forecasted value for 2024, showing a growth trend in production.
Future trends to watch for include potential shifts in consumer demand towards plant-based milk alternatives, which may impact the growth rate of partly skimmed milk production, and technological advancements in dairy farming that could further optimize production efficiency and yield. Additionally, market dynamics post-pandemic recovery and changes in export-import policies within the dairy sector might influence production volumes.
