The production of whole fresh goat milk in North America was 24.79 thousand metric tons in 2023. Analyzing the data from 2013 to 2023, there has been a significant overall decline, with notable fluctuations. From a peak of 33.7 thousand metric tons in 2013, production decreased sharply by 24.09% in 2014. Despite brief periods of modest increases, the overall trend has been downward, with a consistent annual decrease reflected in the 0.8% decline from 2022 to 2023. The most recent five-year CAGR stands at -0.8%.
Looking ahead, the forecasted data suggest a continued decline in production, with an expected average annual decrease of 0.69% through 2028. The production volume is anticipated to fall to 23.76 thousand metric tons by 2028, marking a 3.42% decline in total production over these five years.
Future trends to watch for include potential impacts of climate change on goat farming, shifts in consumer preferences towards plant-based milk alternatives, and possible technological advancements in dairy production efficiency. Monitoring regulatory changes and market dynamics, particularly in new market entrants and competitive pressures, will also be crucial.
