Forecast: Whole Fresh Cow Milk Production in Japan

Japan's whole fresh cow milk production in 2023 stood at 7.150 million metric tons. The forecasted data from 2024 to 2028 shows a steady decline in production values as follows: 2024 (7.1135), 2025 (7.0777), 2026 (7.0426), 2027 (7.0082), and 2028 (6.9745) million metric tons. The year-on-year percentage variations indicate a small but consistent decrease each year. Specifically, the percentage decreases year-on-year from 2023 to 2024 by approx. 0.51%, and from 2024 to 2025 by approx. 0.50%. Further decreases are noted: 2025 to 2026 sees a decline of approx. 0.50%, 2026 to 2027 sees a decrease by approx. 0.49%, and 2027 to 2028 shows a reduction by approx. 0.48%. The compound annual growth rate (CAGR) over these five years also depicts a negative growth.

Future trends to watch for include potential impacts of technological advancements in dairy farming, governmental policies on agriculture, and shifts in consumer preferences towards alternative milks. Environmental regulations and sustainability efforts could further influence production levels.