In 2023, India's milk production stood at 243 million metric tons. The forecasted production levels from 2024 to 2028 indicate a steadily increasing trend, rising from 253.31 million metric tons in 2024 to a projected 294.13 million metric tons by 2028. Year-on-year percentage variations show consistent growth: an increase of 4.08% from 2023 to 2024, 4.09% from 2024 to 2025, 3.88% from 2025 to 2026, 3.71% from 2026 to 2027, and 3.53% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is expected to be around 4.00%.
Future trends to watch for include technological advancements in dairy farming, government initiatives to support the dairy sector, and changes in consumer demand for dairy products. Monitoring these factors will be crucial for projecting long-term production levels and identifying potential challenges in the industry.
