Analysis of the Goat Milk Cheese production in Chile from 2013 to 2023 shows a notable declining trend. Starting at 1.89 Thousand Metric Tons in 2013, production has seen fluctuations with a general downward trajectory, ending at 1.21 Thousand Metric Tons in 2023. Key trends include sharp declines in 2014 (-26.67%) and 2020 (-6.89%). The average yearly reduction (CAGR) over the last five years leading to 2023 is -1.96%. The projection from 2024 to 2028 continues this decline, with an expected 5-year CAGR of -1.75%, reflecting a forecasted reduction of 8.46% by 2028.
Future trends to watch for:
- Impacts of market dynamics on goat milk supply
- Consumer demand shifts towards alternative dairy products
- Environmental and agricultural policy changes affecting production