How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was 4.1 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 228.3 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 65.2 liters consumed per capita compared to 78.3 in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, 35 percent of consumers consumed soy products at least once a week, up from 24 percent in 2010.

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

The global price per unit in the 'Milk Substitutes' segment of the food market was forecast to continuously increase between 2024 and 2029 by in total 0.3 U.S. dollars (+9.58 percent). After the ninth consecutive increasing year, the price per unit is estimated to reach 3.45 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average consumption per capita and sales volume change. The Statista Market Insights cover a broad range of additional markets.

Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."

In 2023, the average price of milk was 0.64 U.S. dollars per unit. Milk alternatives were priced 0.97 U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market was even higher per unit.

United States Consumer Price: Average: Milk, Fresh data was reported at 2.913 USD/lb in Oct 2018. This records an increase from the previous number of 2.890 USD/lb for Sep 2018. United States Consumer Price: Average: Milk, Fresh data is updated monthly, averaging 3.119 USD/lb from Jul 1995 (Median) to Oct 2018, with 280 observations. The data reached an all-time high of 3.961 USD/lb in Jul 2008 and a record low of 2.459 USD/lb in Sep 1995. United States Consumer Price: Average: Milk, Fresh data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.

Most milk produced in the UK is bought by dairies (registered ‘milk purchasers’) for processing. Defra runs a monthly survey in England and Wales to collect information on the volume, value and protein content of milk purchased from farms. Similar surveys are run in Scotland and Northern Ireland. The UK average farm-gate milk price, protein content and butterfat content is then calculated.

Milk decreased 0.06 USD/CWT or 0.32% since the beginning of 2025, 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 March of 2025.

Explore the factors affecting milk prices in the US as of 2023, including production costs, location, and market demand. Learn how animal feed, labor, fuel, and regional differences impact price fluctuations, and discover the influence of milk alternatives on traditional dairy pricing.

Explore the factors influencing milk prices in the United States, from geographical variability and market dynamics to consumer trends and regulatory policies, and understand how these elements create fluctuations in the cost of a gallon of milk.

Graph and download economic data for Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in the West Census Region - Urban (APU0400709211) from Jan 1980 to Jul 1984 about dairy products, retail, price, and USA.

This statistic shows projections for milk prices in the United States from 2019 to 2028. In 2028, it is expected that the price for milk in the U.S. will be 19.89 U.S. dollars per cwt.

Fresh low fat, reduced fat, or skim milk, sold per gallon, regardless of packaging type. Include organic and non-organic milk."

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

India Wholesale Price: DCA: Monthly Average: Milk: North Zone: Kaushambi data was reported at 5,703.450 INR/100 l in Jun 2023. This records an increase from the previous number of 5,643.330 INR/100 l for May 2023. India Wholesale Price: DCA: Monthly Average: Milk: North Zone: Kaushambi data is updated monthly, averaging 5,770.370 INR/100 l from Oct 2022 (Median) to Jun 2023, with 9 observations. The data reached an all-time high of 6,200.000 INR/100 l in Oct 2022 and a record low of 5,625.000 INR/100 l in Apr 2023. India Wholesale Price: DCA: Monthly Average: Milk: North Zone: Kaushambi data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC056: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Milk.

The average retail price of whole milk in Denmark fluctuated recently. It peaked in 2023, as the price of whole milk in retail stores reached on average 13.13 Danish kroner per liter. This was an increase compared to the previous year. The average retail price of organic whole milk was even higher in 2023 and amounted to 15.4 Danish kroner per liter. Organic milk comes from cows that are not treated with antibiotics and hormones and are on the pasture around 120 days a year.   Whole milk consumption  In the period from 2011 to 2023, the consumption volume of whole milk in Denmark increased overall. It grew from nearly 63 thousand metric tons to approximately 91 thousand metric tons of whole milk. By the end of this period, 15.3 kilograms of whole milk have been consumed per person in the country. Whole milk production  In Denmark, the production volume of whole milk as well as organic whole milk fluctuated. In 2023, the whole milk production volume amounted to nearly 607 thousand metric tons. By comparison, the volume of produced organic whole milk was much lower and amounted to 23.5 thousand metric tons in the same year.

Pakistan Average Retail Price: Fresh Milk data was reported at 82.750 PKR/l in 2018. This records an increase from the previous number of 80.590 PKR/l for 2017. Pakistan Average Retail Price: Fresh Milk data is updated yearly, averaging 20.245 PKR/l from Jun 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 82.750 PKR/l in 2018 and a record low of 7.710 PKR/l in 1991. Pakistan Average Retail Price: Fresh Milk data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.

Fresh, low fat or light milk sold, per half-gallon carton. Includes organic and non-organic milk."

The global whole fresh milk market totaled $752.9B in 2024, standing approx. at the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by 6.4%.