Analysis of the whole fresh goat milk producing population in Austria reveals that the value stood at 68.34 thousand heads in 2023. The year-on-year variation was 3.61% for 2023, while over the past two years (2021-2022) it was 3.82%. The Compound Annual Growth Rate (CAGR) over the last 5 years stands at 13.53%.
Looking ahead, the forecasted CAGR for the next 5 years is 2.39%, indicating a continued but slower growth trend, with a total growth rate of 12.54% over this period.
Future trends to watch for include potential influences of agricultural policies, technological advancements in farming, and market demand for goat milk products, all of which could significantly impact production levels.
