Forecast: Whole Cow Milk Cheese Production in India

The production of whole cow milk cheese in India was 2.73 thousand metric tons in 2023. From 2013 to 2023, the production initially showed growth, peaking at 4.03 thousand metric tons in 2017. However, a downward trend began in subsequent years, with a significant annual decline recorded over the last three years. The compound annual growth rate (CAGR) over the last five years (2019-2023) is -5.51%, indicating a steady decrease. Moving forward, this declining trend is expected to continue, with forecasts for 2028 showing production dropping to 1.83 thousand metric tons and a forecasted five-year CAGR of -6.33%.

Future trends to watch for:

- The impact of evolving consumer preferences towards plant-based and alternative cheeses.

- Potential technological advancements and innovations in dairy farming and cheese production that could reverse the declining trend.

- Changes in dairy farming policies and practices and their effects on milk supply and cheese production.

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