The gross production of milk in Saudi Arabia for the year 2023 stood at 1.352 billion US Dollars PPP. Forecasted data indicates an upward trend in milk gross production, with values progressively increasing from 1.3891 billion in 2024 to 1.5428 billion in 2028. Year-on-year variations show steady growth rates: approximately 2.8% from 2024 to 2025, 2.7% from 2025 to 2026, 2.6% from 2026 to 2027, and 2.5% from 2027 to 2028. The compound annual growth rate (CAGR) for the five-year forecasted period is close to 2.7%, suggesting a consistent annual rise.
Future trends to watch for include technological advancements in dairy farming, governmental policies promoting local milk production, and evolving consumer preferences towards higher dairy consumption. These factors could potentially impact the forecasted growth rates and overall market dynamics.
