The Milk Market | United States

The US milk market includes the production of milk and dairy beverages. Current trends indicate a stunted growth for this industry in the upcoming years.

The US dairy milk market is expected to decline to USD 15.9 billion by 2020. This industry underperformed and experienced volatility in growth in the past five years due to price fluctuations in milk. In 2015, dairy sales decreased by a 7% margin, dropping to USD 17.8 billion; the market forcast predicts further drop rates in upcoming years.

Fluid milk consumption has been declining; in addition, a main challenge faced by this industry are the growing number of non-dairy products and plant milk production which hinder industry growth.

The current sales of non-dairy milk products in the US totals around USD 2 billion and is expected to be valued at USD 3 billion by the year 2020, with continuous y-o-y growth.

Half of the American population consumes non-dairy milk and this impacts the future growth of this industry. Public perceptions also factor into the decline of this industry, as much of the population views dairy as a supplemental beverage with only calcium and no other nutritional benefits. This leads to milk not being consumed or treated as a stand-alone beverage.

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Dean Foods

  • Country : United States
  • Turnover : USD 11.46 billion
  • Position : Is a leading American food and beverage company that manufactures a wide variety of dairy products in the US.

Land O’ Lakes

  • Country : United States
  • Turnover : USD 14.24 billion
  • Position : Is a member-owned company with a primary focus on dairy product manufacturing, such as milk and cheese.

Dairy Farmers Of America

  • Country : United States
  • Turnover : USD 13.5 billion
  • Position : A national milk marketing cooperative based in the US that operates over 9,000 dairy farms across 48 states and is owned by over 15,000 dairy farming members.

Schreiber Foods

  • Country : United States
  • Turnover : USD 5 billion
  • Position : A dairy company that is known for the production of cream cheese, yogurt and processed cheese in the US.

Kraft Foods Inc.

  • Country : United States
  • Turnover : USD 18.22 billion
  • Position : An American manufacturing and dairy processing company that markets several other brands under its banner across 170 countries.

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