United States Dairy Market is expected to reach UK 52 Billion Pound by the end of the year 2026.
The per capita consumption of fluid milk is decreasing in the United States because people prefer a non-dairy product like soya milk, almond milk and other organic products. The many segments of dairy like flavoured milk, cottage cheese, low-fat ice-cream and fresh yoghurt are rising, and it will continue to grow during the forecast period. The dairy farmer of the United States continues to struggle to meet market demand.
Oversupply is one of the biggest issues of the United States dairy market because it creates price fluctuation and margin challenges. The dairy farm of the United States is not able to identify the exact demand for domestic consumption and export supply. Besides many dairy farms of the United States are closing since the last couple of year due to low profitability and government regulation.
The number of cows in the United States is also declining. The average number of cows was declining to reach 9.336 million in 2019 from 9.406 million cows in 2017. Rising milk productivity per cow is one of the core key factors of the United States dairy market. Since the last couple of years, US dairy faces demand and supply gap of milk and dairy product.
Therefore actual forecasting of the dairy product will help out the US dairy market in terms of stability of price fluctuation and margin challenges etc. The consumption of whole milk has slightly declined, but on the other hand, flavoured whole milk is rising due to preference among children and adults during the exercise. The retail sales of fresh frozen yoghurt are rising.
The milk is produced in almost all the 50 states of the US, western and northern holds large market share. In the United States, the dairy farm is a family-owned business, and they are a member of producer co-operative society. In this report, the market is divided into two parts; fluid milk and soft dairy product which includes ice-cream, yoghurt, cheese, sour cream etc.
Americans are moving towards dairy alternative product due to health benefits, and large populations of the United States have lactose intolerance. Organic milk and dairy product are one of better substitute of conventional dairy product that will hinder the US dairy market in forecast year. The demand for sour cream was rising in the US because it is the core ingredient of many recipes.
Whole Milk will hold the largest market share in the forecast period. The conventional fluid milk consumption of the United States is declining because other nutritional and functional substitutes are available in the market. As flavoured whole milk demand is rising and it will continue this trend in future.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
5. United States Dairy Market
5.2 Retail Sales
6. United States Fluid Beverage Milk Volume by Segment