Analyzing the forecast for whole fresh goat milk gross production in Indonesia from 2024 to 2028 shows a consistent upward trend. Starting with a value of 176.31 million USD PPP in 2024, the production is expected to increase gradually each year, reaching 182.83 million USD PPP by 2028. The year-on-year variation is positive, ranging approximately between 0.94% and 1.26% annually. Over the last two years from 2026 to 2028, the production continues to rise steadily. The CAGR calculation over this five-year period aligns with the observed annual growth rate, averaging around 1.4% per year.
In 2023, the gross production of whole fresh goat milk stood at 174.68 million USD PPP, marking the baseline for future growth. The forecasted trends highlight a sustained increase in production, reflecting stable growth in the sector.
Future trends to watch for:
- Technological advancements in goat farming and milk production techniques.- Expansion of the domestic market for goat milk products.- Potential shifts in consumer preferences towards goat milk for its health benefits.- Impact of governmental policies on agriculture and dairy production.
