The Dairy Market report segments the industry into Category (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt), Distribution Channel (Off-Trade, On-Trade), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Includes five years of historical data and forecasts for the next five years.

The international market for milk and milk products free from lactose in the year 2024 was estimated to be USD 13,874.3 million. The market for lactose free milk led to growth in 2025 and thus the overall world market was estimated to have been worth USD 14,581.8 million in 2025. Sales during the forecasting period (2025-2035) would be at a constant average rate of growth of 5.6 % CAGR, finally ending up with a value of USD 25,118.8 million in 2035.

Attributes	Description
Estimated Global Lactose Free Dairy Product Industry Size (2025E)	USD 14,581.8 million
Projected Global Lactose Free Dairy Product Industry Value (2035F)	USD 25,118.8 million
Value-based CAGR (2025 to 2035)	5.6 %

Semi-Annual Market Update

Particular	Value CAGR
H1	5.2 % (2024 to 2034)
H2	5.4 % (2024 to 2034)
H1	5.5 % (2025 to 2035)
H2	5.6 % (2025 to 2035)

Country-wise Insights

Country	CAGR (2025-2035)
USA	5.2%
Germany	4.8%
China	6.1%
Japan	4.5%
India	7.0%

Category-Wise Insights

Segment	Value Share (2025)
Milk (By Product Type)	48.7 %

Segment	Value Share (2025)
Organic (By Nature)	37.9%

In 2024, the white milk market was dominated by private label brands, generating almost 1.8 billion U.S. dollars in sales for the 12 weeks ended July 14, 2024. Aside from private label whole milk brands, Hood had the highest level of sales, at 255 million U.S. dollars in that time. Milk cows in the United States The United States is home to around 9.4 million milk cows as of 2022. The amount of milk each cow in the United States produces has risen significantly over the past two decades. In 1999, a single dairy cow produced about 17,763 pounds of milk per year. By 2023, this figure is expected to increase to 24,345 pounds of milk per year. Dairy cows are a costly investment in terms of water usage, feed, and space. A dairy cow which is producing milk eats approximately 100 pounds of feed every day. Global milk market The global volume of cow milk production exceeded 544 million metric tons in 2022. The leading producer of cow milk worldwide is the European Union, followed by the United States and India. In 2022, the 27 countries of the European Union produced 144 million metric tons of milk, while the United States produced about 103 million metric tons of milk. India topped the list in terms of cow milk consumption in that year, with the European Union coming in second.

The global dairy and eggs market produced a revenue of over ***** billion U.S. dollars in 2023. By 2030, it was forecast to grow to over ***** billion U.S. dollars.

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.

The global milk and dairy products market is a substantial and dynamic sector, exhibiting consistent growth driven by several key factors. Rising global population, increasing disposable incomes in developing economies, and a growing preference for convenient and nutritious food options are major contributors to market expansion. The shift towards healthier lifestyles fuels demand for dairy products perceived as beneficial for bone health and overall well-being. Furthermore, the expanding food service sector, particularly in quick-service restaurants and cafes, significantly contributes to increased consumption. Innovation in product offerings, such as the introduction of functional dairy products enriched with probiotics or vitamins, further enhances market appeal. While challenges exist, such as fluctuations in milk production due to climate change and increasing raw material costs, the market shows resilience and strong growth potential. Specific product segments like yogurt and cheese demonstrate particularly robust growth due to their versatility in culinary applications and perceived health benefits. E-commerce channels are also rapidly gaining traction, offering convenient purchasing options and expanding market reach, particularly in developed nations. Geographic variations in consumption patterns are evident, with developed nations exhibiting higher per capita consumption compared to developing regions where market growth is propelled by increasing affordability and awareness of dairy's nutritional value. Competition within the industry is fierce, with large multinational corporations alongside regional players vying for market share. Strategic partnerships, mergers and acquisitions, and a focus on sustainable practices are shaping the competitive landscape. The market segmentation reflects diverse consumer preferences and purchasing behaviors. Fluid milk remains a staple, but value-added products like yogurt, cheese, and ice cream are driving significant growth, reflecting consumer demand for variety and convenience. Different distribution channels cater to these diverse needs, with hypermarkets and supermarkets holding a considerable share, while the e-commerce segment is rapidly expanding. Regional differences in consumption patterns are significant, with North America and Europe holding substantial market shares. However, rapidly developing economies in Asia-Pacific and other regions present significant growth opportunities. Looking ahead, the market is poised for continued expansion, driven by innovation, evolving consumer preferences, and increasing global demand for nutritious and convenient food choices. Sustainable production practices and efficient supply chains will be crucial in ensuring long-term growth and stability within this dynamic sector. The market is likely to see further consolidation through mergers and acquisitions, and an increase in focus on organic and plant-based alternatives.

The global milk protein market is expected to grow from USD 12.2 billion in 2025 to USD 16.8 billion by 2035, reflecting a CAGR of 3.2%.

Attributes	Description
Estimated Industry Size (2025E)	USD 12.2 billion
Projected Industry Value (2035F)	USD 16.8 billion
Value-based CAGR (2025 to 2035)	3.2%

Semi-Annual Market Update

Particular	Value
H1(2024 to 2034)	2.9%
H2(2024 to 2034)	3.0%
H1(2025 to 2035)	3.1%
H2(2025 to 2035)	3.2%

Country-wise Insights

Countries	CAGR 2025 to 2035
USA	3.9%
Germany	4.1%
China	5.3%
Japan	4.8%
India	5.8%

The Organic Milk Market Report is Segmented by Product Form (Fresh/Pasteurized, UHT, and More), Source (Cow, Buffalo, and More), Packaging Material (Cartons/Tetra Pak, and More), Distribution Channel (Off Trade and On Trade), and Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

The dairy products market, which will be worth USD 649.88 billion in 2025, is expected to reach USD 813.58 billion by 2035, with a CAGR of 2.3% from 2025 to 2035.

Metrics	Values
Industry Size (2025E)	USD 649.88 billion
Industry Value (2035F)	USD 813.58 billion
CAGR (2025 to 2035)	2.3%

Semi-Annual Demand Space Update

Particular	Value CAGR
H1 (2024 to 2034)	2.7%
H2 (2024 to 2034)	2.8%
H1 (2025 to 2035)	2.3%
H2 (2025 to 2035)	2.4%

Segment-wise Analysis

Segment	Value Share (2025)
Milk (Product Type)	42.3%

Segment	Value Share (2025)
Convenience Store	66.6%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	4.8%
UK	3.6%
France	3.2%
Germany	3.5%
Italy	3.1%
South Korea	5.2%
Japan	2.9%
China	6.4%
Australia	4%
New Zealand	4.5%

Competitive Outlook

Company Name	Estimated Market Share (%)
Nestlé	20-24%
Danone	18-22%
Fonterra	14-18%
Arla Foods	10-14%
Lactalis	8-12%
Other Companies (Combined)	30-40%

The organic milk market size was estimated at USD 24.91 billion in 2024. The organic milk industry is expected to grow from USD 25.6 billion in 2025 to USD 34.6 billion by 2035.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 25.6 billion
Projected Global Industry Value (2035F)	USD 34.6 billion
Value-based CAGR (2025 to 2035)	3.0%

Country wise Insights

Countries	CAGR, 2025 to 2035
USA	4.2%
Germany	3.4%
India	6.5%

The Milk Market size was valued at USD 276.2 Billion in 2024 and is anticipated to reach USD 375.4 Billion by 2031, growing at a CAGR of 4.1% from 2024 to 2031.

Global Milk Market Drivers

Increased Demand for Milk and Dairy Products: The global demand for milk and milk-based products is rising, driven by population growth, urbanization, and higher disposable incomes. According to the Food and Agriculture Organization (FAO), world milk output grew by 4% between 2016 and 2017, reaching 811 million tons in 2017, indicating a consistent upward trend in production.

Health Consciousness: Growing awareness of the health benefits associated with milk consumption, such as its nutritional value and role in a balanced diet, is propelling market Many consumers are increasingly incorporating milk and dairy products into their diets for their protein, calcium, and vitamin content.

Rising Popularity of Lactose-Free Products: The increasing prevalence of lactose intolerance has led to a surge in demand for lactose-free and low-lactose dairy products. This trend is supported by the introduction of innovative dairy alternatives that cater to lactose-sensitive consumers.

Expansion of Retail Distribution Channels: The growth of supermarkets, hypermarkets, and online retail platforms has made milk and dairy products more accessible to In 2023, supermarkets held a 55% share of the global dairy products market, facilitating easier access to a variety of milk products.

The global camel milk products market size was valued at USD 14.09 billion in 2023. It is estimated to reach USD 25.04 billion in 2032, growing at a CAGR of 6.6% over the forecast period (2024–2032) and the plain milk segment dominates the global market.
Report Scope:

Report Metric	Details
Market Size in 2023	USD 14.09 Billion
Market Size in 2024	USD 15.02 Billion
Market Size in 2032	USD 25.04 Billion
CAGR	6.6% (2024-2032)
Base Year for Estimation	2023
Historical Data	2020-2022
Forecast Period	2024-2032
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Singapore, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Global demand for plant-based milk is projected to climb from USD 21.9 billion in 2025 to USD 52.4 billion by 2035, a 9.1% CAGR.

Attributes	Description
Estimated Industry Size (2025E)	USD 21.93 Billion
Projected Industry Value (2035F)	USD 52.4 billion
Value-based CAGR (2025 to 2035)	9.1%

Country wise Insights

Countries	CAGR, 2025 to 2035
United States	7.4%
Germany	6.0%
India	11.6%

Category-wise Insights

Segment	Value Share (2025)
Liquid (Form)	63%

Segment	Value Share (2025)
Soy Milk (Product Type)	38%

The revenue in the 'Milk' segment of the food market in the United States was modeled to amount to ************ U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Milk.

The global coconut milk market is set to experience consistent expansion from USD 1.3 billion in 2025 to USD 2.4 billion by 2035, reflecting a CAGR of 8.5% during the forecast period.

Attribute	Details
Market Size (2025E)	USD 1.3 billion
Market Size (2035F)	USD 2.4 billion
CAGR (2025 to 2035)	8.5%

Semi-Annual Market Update

Particular	H1
Year	2024 to 2034
CAGR	6.0%

Particular	H2
Year	2024 to 2034
CAGR	6.4%

Particular	H1
Year	2025 to 2035
CAGR	6.1%

Particular	H2
Year	2025 to 2035
CAGR	6.5%

Country-wise Insights

Country	CAGR (2025 to 2035)
USA	6.3%
UK	5.1%
China	7.6%
Germany	2.7%
Japan	5.3%

The United States Dairy Market Report is Segmented by Product Type (Butter, Cheese, Cream and More), and Distribution Channel (Off-Trade and On-Trade. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Liters).

This statistic depicts the estimated total milk products sales in the United States in 2024, by milk category. Flavored whole milk generated sales of *** million pounds. Total milk products sales amounted to about ** billion pounds.

In 2025, the rice milk market was valued at approximately USD 704.43 million. By 2035, it is projected to reach USD 1,237.93 million, reflecting a compound annual growth rate (CAGR) of 5.8%.

Metric	Value
Market Size in 2025	USD 704.43 Million
Projected Market Size in 2035	USD 1,237.93 Million
CAGR (2025 to 2035)	5.8%

Country-wise Outlook- Rice milk market

Country	CAGR (2025 to 2035)
USA	6.0%

Country	CAGR (2025 to 2035)
UK	5.6%

Region	CAGR (2025 to 2035)
European Union (EU)	5.7%

Country	CAGR (2025 to 2035)
Japan	6.1%

Country	CAGR (2025 to 2035)
South Korea	6.2%

Segmentation Outlook- Rice milk market

Distribution Channel	Market Share (2025)
Supermarket & Hypermarket	55%

Form	Market Share (2025)
Liquid	68%

Competitive Outlook

Company Name	Estimated Market Share (%)
Califia Farms	28-33%
Rice Dream	20-25%
Eden Foods	15-20%
The Rice Company	10-15%
Oatly Group AB	7-11%
Other Companies (combined)	15-25%

In 2024, Yili Group held more than*** percent of China's dairy product market, ranking first among all market players. In second place was Mengniu with a market share of about ** percent.

The dairy product production industry in the US has been a staple of the agricultural sector, consistently contributing to the nation's economy. Over recent years, it has faced a blend of challenges and opportunities. Despite the volatility in milk prices and shifting consumer preferences, the sector has shown resilience. Traditional dairy products like milk, cheese and yogurt remain household staples, but there's been a noticeable shift towards organic and specialty products. Innovations in production methods and a focus on sustainability have also started to shape the industry's landscape, reflecting broader consumer trends toward healthier and more environmentally friendly options. However, the rise in dairy imports, particularly from countries with lower production costs, has intensified competition, putting pressure on domestic producers and affecting profitability. The industry has been shrinking at an average annualized 3.2% over the past five years and is expected to total $124.4 billion in 2025 when revenue will climb by an estimated 0.5%. Over the past few years, the dairy industry has undergone significant transformations. The adoption of advanced technology in dairy farming, like automated milking systems and precision farming techniques, has increased efficiency and productivity. At the same time, there’s been growing competition from plant-based dairy alternatives, which has pressured traditional dairy producers to innovate and diversify their product offerings. The farm-to-table movement has also gained momentum, with more consumers opting for locally sourced and artisanal dairy products. This trend has helped small and mid-sized farms find new markets and build stronger community connections. Despite these advancements, the industry has had to navigate challenges like fluctuating feed costs, labor shortages and stringent environmental regulations. Several key trends are likely to shape the dairy industry. Sustainability will be a significant focus, with farms adopting greener practices to meet regulatory requirements and consumer expectations. Technological advancements will continue revolutionizing the sector, from precision farming to blockchain for supply chain transparency. The rise of functional and health-focused dairy products will drive growth as consumers seek options offering added nutritional benefits. Also, the competition from plant-based alternatives will persist, pushing traditional dairy producers to innovate. Overall, industry revenue is forecast to grow at an annualized 1.2% over the five years through 2030 to total $131.8 billion.