The forecast of whole dried milk production in Austria shows a gradual decrease from 3.21 thousand metric tons in 2024 to 3.10 thousand metric tons by 2028. In 2023, the actual production stood at 3.24 thousand metric tons. The year-on-year variations are: from 2023 to 2024 a -0.93% change, from 2024 to 2025 a -0.93% change, from 2025 to 2026 a -0.94% change, from 2026 to 2027 a -0.95% change, and from 2027 to 2028 a -0.64% change. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately -0.87%.
Future trends to watch for in the whole dried milk production sector include:
• Potential impacts of climate change on dairy farming and milk production.
• Technological advancements in dairy processing that may impact production efficiency.
• Changes in consumer demand for whole dried milk both locally and globally.
• Shifts in trade policies affecting dairy exports and imports.