Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."

How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was *** U.S. dollars, which was a decrease from the previous year. Milk production Dairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. Dairy farming is a large contributor to the overall economy in many states. California, Wisconsin, and Idaho had the highest milk supply in 2022. Continuing the trend of each year breaking the record for milk production, an estimated ***** billion pounds of milk were produced in 2023. Milk consumption Since 2011, there has been a steady decline in milk consumption in the United States, with just **** liters consumed per capita compared to **** in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, ** percent of consumers consumed soy products at least once a week, up from ** percent in 2010.

View monthly updates and historical trends for US Milk Farm Price Received. from United States. Source: US Department of Agriculture. Track economic data …

Milk rose to 17.17 USD/CWT on December 2, 2025, up 0.06% from the previous day. Over the past month, Milk's price has risen 1.48%, but it is still 13.50% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Milk - values, historical data, forecasts and news - updated on December of 2025.

Monthly average retail prices for selected products, for Canada, provinces, Whitehorse and Yellowknife. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

Dairy Price Index in World decreased to 142.20 Index Points in October from 147.20 Index Points in September of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

In 2019 and 2020, producer prices for milk fell and had a negative impact on dairy farmers' sales. In the following two years, however, industry players benefited from the increase in producer prices and milk supply volumes. In 2022 in particular, producer prices rose sharply, although less milk was produced in a five-year comparison. The irregular recovery of the milk market with short-term, sharp price rises weakened the decline in sales over the past five years to an average of 1.1% per year. Due to the pandemic, demand for milk shifted from bulk consumers to end consumers in 2020. In the food retail sector, demand for organic milk in particular rose, with sales increasing by around 16% in 2020 alone. From June 2020 to December 2021, producer prices for milk, as well as the cost of farm inputs and animal feed, rose across the board.Industry turnover of 13.1 billion euros is expected for 2024. This corresponds to a decline of 4.1% compared to the previous year. Due to the decline in producer prices, industry turnover is likely to fall. In addition, the trend of the past two years, in which contribution margins per dairy cow increased, is likely to continue. Structural change is also likely to continue in the current year. Compared to the previous year, both the number of farms and the number of dairy cows are likely to decrease. Due to the growing demand for organic products, producer prices are likely to rise slightly for some product groups in the current year. Whether dairy farmers will be able to benefit from this depends not only on their operational orientation but also on the further development of feed prices. Although they are likely to be below the highs of 2022, they are still at a very high price level.For the period from 2024 to 2029, IBISWorld expects average annual sales growth of 0.1% and industry sales of 13.1 billion euros in 2029. As a result of the high cost pressure within the industry, the number of farms is expected to continue to decrease, while the remaining dairy farmers are likely to increase their livestock numbers to expand production. The impact of the increasing importance of environmental and animal welfare on livestock numbers, on the other hand, remains to be seen. However, automation, the reorientation of the European Union's Common Agricultural Policy and the growing demand for expensive organic milk are likely to have a positive impact on the profit margins of industry players.

Snapshot img { margin: 10px !important; } The milk powder market size has the potential to grow by USD 25.38 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in the year-over-year growth.

This report provides a detailed analysis of the market by product (whole milk powder, dairy whitener, and skim milk powder), distribution channel (hypermarket and supermarket, convenience store, food and drink specialists, and others), and geography (APAC, North America, Europe, MEA, and South America). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Alpen Food Group BV, Arla Foods amba, China Mengniu Dairy Co. Ltd., Danone SA, Dean Foods Co., Fonterra Co-operative Group Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Nestle SA, Royal FrieslandCampina NV, and The Kraft Heinz Co.

Market Overview

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Market Competitive Analysis

The market is fragmented. Alpen Food Group BV, Arla Foods amba, China Mengniu Dairy Co. Ltd., Danone SA, Dean Foods Co., Fonterra Co-operative Group Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Nestle SA, Royal FrieslandCampina NV, and The Kraft Heinz Co. are some of the major market participants. The long shelf life, the increasing consumption of coffee and tea, and multiple uses of milk powder will offer immense growth opportunities to the market vendors. However, product recalls, fluctuation in milk prices, and lactose intolerance may impede the market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this milk powder market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this milk powder market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Alpen Food Group BV
Arla Foods amba
China Mengniu Dairy Co. Ltd.
Danone SA
Dean Foods Co.
Fonterra Co-operative Group Ltd.
Gujarat Cooperative Milk Marketing Federation Ltd.
Nestle SA
Royal FrieslandCampina NV
The Kraft Heinz Co.

Milk Powder Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. APAC will provide several growth opportunities to market vendors during the forecast period.

49% of the market’s growth will originate from APAC during the forecast period. China is the key market for milk powder in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the milk powder market size.

Milk Powder Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will spur milk powder market growth during the next five years
Precise estimation of the milk powder market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the milk powder industry across APAC, North America, Europe, MEA, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of milk powder market vendors

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Monthly average retail prices for food, household supplies, personal care items, cigarettes and gasoline. Prices are presented for the current month and previous four months. Prices are in Canadian current dollars.

There is traditionally a strong dependency between dairies and their suppliers. This is due to the obligation to supply and the purchase guarantee. Both the quantities and prices of raw milk can be subject to strong fluctuations. Although the coronavirus crisis led to significant shifts in demand, it did not result in any major fluctuations in sales. The milk price rose sharply in 2022 and is still at a high level in the current year. Industry turnover rose by an average of 1.3% per year in the period from 2020 to 2025. In the current year, industry turnover is expected to fall by 1.5% to 46 billion euros.The coronavirus crisis was eclipsed in 2022 by the war in Ukraine and rising inflation. Although private demand for milk and dairy products declined, the sharp rise in consumer prices led to slight sales growth. Changes in consumer trends also had an impact on the sector's performance. While growing health awareness is increasing demand for plant-based milk substitutes and thus contributing to the decline in per capita consumption of milk and dairy products, rising environmental awareness is also leading to growing demand in the high-priced organic dairy products segment. The latter is having a positive effect on the profit margin. Although energy costs are likely to fall further in the current year, they are still at a high level and therefore pose major challenges for industry players.In the coming years, industry turnover will continue to be significantly influenced by the upstream industry. Raw milk volumes and prices will have a direct impact on the industry's performance. With increasing protests from milk producers, dairies are facing increased criticism of their pricing policy. The German Dairy Farmers' Association has already called for an EU-wide reduction in milk volumes in 2023. Due to the saturated domestic market, the importance of stable sales markets abroad is increasing. Thanks to their quality leadership and specialisation in high-quality foods, German dairies are increasingly able to serve both domestic consumers and the increased demand from emerging markets. IBISWorld expects industry turnover to increase at an annual growth rate of 2.4% per year to 51.8 billion euros between 2025 and 2030.

Livestock Output Value: Milk: Daman and Diu data was reported at 53.371 INR mn in 2020. This records an increase from the previous number of 43.122 INR mn for 2019. Livestock Output Value: Milk: Daman and Diu data is updated yearly, averaging 34.678 INR mn from Mar 2012 (Median) to 2020, with 9 observations. The data reached an all-time high of 55.938 INR mn in 2012 and a record low of 16.782 INR mn in 2017. Livestock Output Value: Milk: Daman and Diu data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIQ011: Livestock Output Value: 2011-2012p: Current Price: Milk.

United States - Producer Price Index by Industry: Dry, Condensed, and Evaporated Dairy Products: Secondary Products was 122.72300 Index Dec 1983=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Dry, Condensed, and Evaporated Dairy Products: Secondary Products reached a record high of 158.25400 in October of 2022 and a record low of 69.80000 in May of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Dry, Condensed, and Evaporated Dairy Products: Secondary Products - last updated from the United States Federal Reserve on November of 2025.

Livestock Output Value: Milk: Arunachal Pradesh data was reported at 2,886.200 INR mn in 2021. This records a decrease from the previous number of 3,820.200 INR mn for 2020. Livestock Output Value: Milk: Arunachal Pradesh data is updated yearly, averaging 2,303.615 INR mn from Mar 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 3,820.200 INR mn in 2020 and a record low of 704.001 INR mn in 2012. Livestock Output Value: Milk: Arunachal Pradesh data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIQ011: Livestock Output Value: 2011-2012p: Current Price: Milk.

Livestock Output Value: Milk: West Bengal data was reported at 272,728.102 INR mn in 2020. This records an increase from the previous number of 254,175.009 INR mn for 2019. Livestock Output Value: Milk: West Bengal data is updated yearly, averaging 183,708.453 INR mn from Mar 2012 (Median) to 2020, with 9 observations. The data reached an all-time high of 272,728.102 INR mn in 2020 and a record low of 136,162.201 INR mn in 2012. Livestock Output Value: Milk: West Bengal data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Agriculture Sector – Table IN.RIQ011: Livestock Output Value: 2011-2012p: Current Price: Milk.

1.Introduction

Sales data collection is a crucial aspect of any manufacturing industry as it provides valuable insights about the performance of products, customer behaviour, and market trends. By gathering and analysing this data, manufacturers can make informed decisions about product development, pricing, and marketing strategies in Internet of Things (IoT) business environments like the dairy supply chain.

One of the most important benefits of the sales data collection process is that it allows manufacturers to identify their most successful products and target their efforts towards those areas. For example, if a manufacturer could notice that a particular product is selling well in a certain region, this information could be utilised to develop new products, optimise the supply chain or improve existing ones to meet the changing needs of customers.

This dataset includes information about 7 of MEVGAL’s products [1]. According to the above information the data published will help researchers to understand the dynamics of the dairy market and its consumption patterns, which is creating the fertile ground for synergies between academia and industry and eventually help the industry in making informed decisions regarding product development, pricing and market strategies in the IoT playground. The use of this dataset could also aim to understand the impact of various external factors on the dairy market such as the economic, environmental, and technological factors. It could help in understanding the current state of the dairy industry and identifying potential opportunities for growth and development.

2. Citation

Please cite the following papers when using this dataset:

1. I. Siniosoglou, K. Xouveroudis, V. Argyriou, T. Lagkas, S. K. Goudos, K. E. Psannis and P. Sarigiannidis, "Evaluating the Effect of Volatile Federated Timeseries on Modern DNNs: Attention over Long/Short Memory," in the 12th International Conference on Circuits and Systems Technologies (MOCAST 2023), April 2023, Accepted

3. Dataset Modalities

The dataset includes data regarding the daily sales of a series of dairy product codes offered by MEVGAL. In particular, the dataset includes information gathered by the logistics division and agencies within the industrial infrastructures overseeing the production of each product code. The products included in this dataset represent the daily sales and logistics of a variety of yogurt-based stock. Each of the different files include the logistics for that product on a daily basis for three years, from 2020 to 2022.

3.1 Data Collection

The process of building this dataset involves several steps to ensure that the data is accurate, comprehensive and relevant.

The first step is to determine the specific data that is needed to support the business objectives of the industry, i.e., in this publication’s case the daily sales data.

Once the data requirements have been identified, the next step is to implement an effective sales data collection method. In MEVGAL’s case this is conducted through direct communication and reports generated each day by representatives & selling points.

It is also important for MEVGAL to ensure that the data collection process conducted is in an ethical and compliant manner, adhering to data privacy laws and regulation. The industry also has a data management plan in place to ensure that the data is securely stored and protected from unauthorised access.

The published dataset is consisted of 13 features providing information about the date and the number of products that have been sold. Finally, the dataset was anonymised in consideration to the privacy requirement of the data owner (MEVGAL).

File	Period	Number of Samples (days)
product 1 2020.xlsx	01/01/2020–31/12/2020	363
product 1 2021.xlsx	01/01/2021–31/12/2021	364
product 1 2022.xlsx	01/01/2022–31/12/2022	365
product 2 2020.xlsx	01/01/2020–31/12/2020	363
product 2 2021.xlsx	01/01/2021–31/12/2021	364
product 2 2022.xlsx	01/01/2022–31/12/2022	365
product 3 2020.xlsx	01/01/2020–31/12/2020	363
product 3 2021.xlsx	01/01/2021–31/12/2021	364
product 3 2022.xlsx	01/01/2022–31/12/2022	365
product 4 2020.xlsx	01/01/2020–31/12/2020	363
product 4 2021.xlsx	01/01/2021–31/12/2021	364
product 4 2022.xlsx	01/01/2022–31/12/2022	364
product 5 2020.xlsx	01/01/2020–31/12/2020	363
product 5 2021.xlsx	01/01/2021–31/12/2021	364
product 5 2022.xlsx	01/01/2022–31/12/2022	365
product 6 2020.xlsx	01/01/2020–31/12/2020	362
product 6 2021.xlsx	01/01/2021–31/12/2021	364
product 6 2022.xlsx	01/01/2022–31/12/2022	365
product 7 2020.xlsx	01/01/2020–31/12/2020	362
product 7 2021.xlsx	01/01/2021–31/12/2021	364
product 7 2022.xlsx	01/01/2022–31/12/2022	365

3.2 Dataset Overview

The following table enumerates and explains the features included across all of the included files.

Feature	Description	Unit
Day	day of the month	-
Month	Month	-
Year	Year	-
daily_unit_sales	Daily sales - the amount of products, measured in units, that during that specific day were sold	units
previous_year_daily_unit_sales	Previous Year’s sales - the amount of products, measured in units, that during that specific day were sold the previous year	units
percentage_difference_daily_unit_sales	The percentage difference between the two above values	%
daily_unit_sales_kg	The amount of products, measured in kilograms, that during that specific day were sold	kg
previous_year_daily_unit_sales_kg	Previous Year’s sales - the amount of products, measured in kilograms, that during that specific day were sold, the previous year	kg
percentage_difference_daily_unit_sales_kg	The percentage difference between the two above values	kg
daily_unit_returns_kg	The percentage of the products that were shipped to selling points and were returned	%
previous_year_daily_unit_returns_kg	The percentage of the products that were shipped to

Ireland - Harmonised index of consumer prices (HICP): Other milk products was 121.50 points in October of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Harmonised index of consumer prices (HICP): Other milk products - last updated from the EUROSTAT on November of 2025. Historically, Ireland - Harmonised index of consumer prices (HICP): Other milk products reached a record high of 122.70 points in August of 2025 and a record low of 91.70 points in January of 2020.

Greece - Harmonised index of consumer prices (HICP): Other milk products was 120.83 points in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Harmonised index of consumer prices (HICP): Other milk products - last updated from the EUROSTAT on November of 2025. Historically, Greece - Harmonised index of consumer prices (HICP): Other milk products reached a record high of 120.83 points in September of 2025 and a record low of 91.96 points in December of 2020.