The whole cow milk cheese production in Thailand saw variable year-on-year changes from 2013 to 2023. Production decreased significantly in 2014 but gradually recovered and stabilized in subsequent years. In 2023, production stood at 4.37 thousand metric tons, reflecting a modest increase of 0.76% from the previous year.
From 2017 to 2021, the Compound Annual Growth Rate (CAGR) indicated steady but minor fluctuations, averaging around 0.8%. Moving forward, the forecasted data (2024-2028) suggests a consistent growth trend, with an estimated 5-year CAGR of 0.6% and an overall growth rate of 3.05% by 2028.
Future trends to watch for include:
- Influence of domestic dairy policies on production capacity
- Impact of technological advancements in dairy farming and cheese production
- Changing consumer preferences and demand for whole cow milk cheese products
- Global economic factors affecting export opportunities
