The whole fresh goat milk production in Spain has been gradually increasing from 472 thousand metric tons in 2013 to 550.73 thousand metric tons in 2023. The year-on-year variation has fluctuated with increments such as 1.88% in 2016 and a notable peak of 7.08% in 2017. However, certain years witnessed a decline, for instance, -4.94% in 2020. The compound annual growth rate (CAGR) over the last five years up to 2023 has been moderate at 1.33%.
Looking forward, production is expected to continue its upward trend, reaching 575.65 thousand metric tons by 2028, with a forecasted 5-year CAGR of 0.7%. Notably, the year-on-year growth rate in the future appears stable, suggesting steady demand and production improvements.
Future trends to watch for:
- Technological advancements in goat farming and milk production methods.
- Potential impacts of climatic changes and policies affecting livestock farming.
- Shifts in consumer preference towards goat milk and its derivatives.
- Regulatory changes and their implications on production standards and sustainability.
