In 2023, the actual gross production of milk in Mexico stood at a value of 5.556 billion US Dollars PPP - 2004-2006. From 2024 to 2028, forecasted data shows a consistent annual increase in milk production values: 5.6031 billion in 2024, rising steadily to 5.7885 billion by 2028. Year-on-year growth rates are seen to be around 0.84% from 2024 to 2025, approximately 0.83% from 2025 to 2026, about 0.81% from 2026 to 2027, and near 0.80% from 2027 to 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) averages to about 0.82%.
Future trends to watch for include technological advancements in dairy farming and processing, shifts in consumer preferences towards plant-based alternatives, and potential governmental policies that may influence production scales and methods. These factors could either bolster or temper the forecasted growth rates.
