U.S. Dairy Products Market Size & Outlook, 2019-2027
The dairy products market in the United States is expected to reach a projected revenue of US$ 66,318.0 million by 2027. A compound annual growth rate of 0.5% is expected of the United States dairy products market from 2020 to 2027.
Revenue, 2019 (US$M)
$63,479.0
Forecast, 2027 (US$M)
$66,318.0
CAGR, 2020 - 2027
0.5%
Report Coverage
U.S.
U.S. dairy products market, 2016-2027 (US$M)
Related Markets
U.S. dairy products market highlights
- The U.S. dairy products market generated a revenue of USD 63,479.0 million in 2019 and is expected to reach USD 66,318.0 million by 2027.
- The U.S. market is expected to grow at a CAGR of 0.5% from 2020 to 2027.
- In terms of segment, cheese was the largest revenue generating product in 2019.
- Cheese is the most lucrative product segment registering the fastest growth during the forecast period.
Dairy products market data book summary
| Market revenue in 2019 | USD 63,479.0 million |
| Market revenue in 2027 | USD 66,318.0 million |
| Growth rate | 0.5% (CAGR from 2019 to 2027) |
| Largest segment | Cheese |
| Fastest growing segment | Cheese |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Milk, Cheese, Yogurt, Butter, Other Products |
| Key market players worldwide | Fonterra Co-operative Group, The Kraft Heinz Co, Nestle SA, Danone SA, Dairy Farmers of America, DMK Group, Meiji Holdings Co Ltd, FrieslandCampina, Arla Foods, AMUL |
Other key industry trends
- In terms of revenue, U.S. accounted for 13.2% of the global dairy products market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. dairy products market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 66,318.0 million by 2027.
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Dairy Products Market Scope
Dairy products market segmentation & scope
Dairy Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. dairy products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dairy products market will help companies and investors design strategic landscapes.
Cheese was the largest segment with a revenue share of 37.22% in 2019. Horizon Databook has segmented the U.S. dairy products market based on milk, cheese, yogurt, butter, other products covering the revenue growth of each sub-segment from 2016 to 2027.
- U.S. Dairy Products Product Outlook (Revenue, USD Million, 2016-2027)
- Milk
- Cheese
- Yogurt
- Butter
- Other Products
- U.S. Dairy Products Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Hypermarkets/Supermarkets
- Convenience Stores
- Online
- Other Channels
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Target buyers of U.S. dairy products market databook
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Our clientele includes a mix of dairy products market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. dairy products market, including forecasts for subscribers. This country databook contains high-level insights into U.S. dairy products market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. dairy product market size, by product, 2016-2027 (US$M)
U.S. Dairy Products Market Share, 2019 & 2027 (US$M)
Related regional statistics
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