By 2024, milk gross production in Indonesia is forecasted at 750.8 million US Dollars PPP (2004–2006 baseline), up from its 2023 level. Over the subsequent years, a steady growth trend is projected—760.16 million in 2025, 769.43 million in 2026, 778.61 million in 2027, and 787.7 million in 2028. This indicates a consistent year-on-year increase.
Variations:
- 2024-2025: +1.24%
- 2025-2026: +1.22%
- 2026-2027: +1.19%
- 2027-2028: +1.17%
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.2%, showing a moderate but steady increase in milk production value.
Future trends to watch for include fluctuations in global dairy prices, changing consumer demand patterns in Indonesia, advancements in dairy farming technology, and policy changes impacting the dairy sector. Additionally, the effects of climatic conditions on milk production and potential trade agreements could also influence future projections.
