In 2023, global milk production at farm gate, expressed in Billion Euros, shows India at the forefront with 87.52 billion Euros, followed by Brazil (9.85 billion), New Zealand (8.59 billion), and Mexico (4.51 billion). Among these countries, notable year-on-year variations include India with a 6.2% increase, New Zealand at 3.29%, and Mexico at a striking 6.81%. On the other hand, Brazil saw a slight decline of 0.4%, while Iceland experienced a decrease of 2.13%. Over the past five years, consistent annual growth has been observed in several regions, with significant contributions from Indonesia and Mexico, maintaining dynamic market shifts.
Several future trends to watch for in global milk production include the continued dominance of India, potential recovery in Brazil, and increased growth from emerging markets such as Indonesia. Technological advancements, climate change impact, and evolving consumer preferences are also expected to play crucial roles in shaping the landscape of milk production worldwide.
Top countries in Milk Production at Farm Gate by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 87,520 | 2023 | +4.72% | +6.2% | View data |
| 2 | 2 Brazil | 9,850 | 2023 | -0.86% | -0.4% | View data |
| 3 | 3 New Zealand | 8,590 | 2023 | +2.81% | +3.29% | View data |
| 4 | 4 Mexico | 4,510 | 2023 | +1.94% | +6.81% | View data |
| 5 | 5 Argentina | 2,700 | 2023 | +0.45% | +3.13% | View data |
| 6 | 6 Colombia | 2,210 | 2023 | +1.57% | +0.73% | View data |
| 7 | 7 Kazakhstan | 1,700 | 2023 | +2.45% | +2.15% | View data |
| 8 | 8 South Africa | 983.31 | 2023 | +1.71% | +1.17% | View data |
| 9 | 9 Indonesia | 413.04 | 2023 | +3.54% | +9.42% | View data |
| 10 | 10 Iceland | 87.12 | 2023 | -0.012% | -2.13% | View data |