Milk rose to 18.67 USD/CWT on June 23, 2025, up 0.05% from the previous day. Over the past month, Milk's price has risen 0.32%, but it is still 6.28% 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 June of 2025.

For the fifth consecutive year, the global whole fresh milk market recorded growth in sales value, which increased by 5% to $826.8B in 2024. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2024 and is likely to continue growth in the near future.

The global Organic Milk Market is poised to reach a value of 25636 USD Million by 2025 and is projected to reach a value of 34608.6 USD Million by 2035, reflecting a compound annual growth rate of 3.0% over the assessment period 2025 2035.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 25636 Million
Projected Global Industry Value (2035F)	USD 34608.6 Million
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%

Category-wise Insights

Segment	Buffalo (Source)
Value Share (2025)	70%

Segment	Whole Milk (Type)
Value Share (2025)	75%

In 2024, after five years of growth, there was decline in the Asia-Pacific whole fresh milk market, when its value decreased by -1.7% to $336.1B. The market value increased at an average annual rate of +3.5% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $341.9B in 2023, and then fell modestly in the following year.

The statistical data generated through the administration of the Federal milk order program is recognized widely as one of the benefits of this program. These data provide comprehensive and accurate information on milk supplies, utilization, and sales, as well as class prices established under the orders and prices paid to dairy farmers (producers). The sources of this data are monthly reports of receipts and utilization, producer payroll reports, and reports of nonpool handlers filed by milk processors (handlers) subject to the provisions of the various milk orders. The local market administrator (MA) uses these reports to determine pool obligations under the order and to verify proper payments to producers. Auditors employed by the MA review handler records to assure the accuracy of reported information. Reporting errors are corrected; if necessary, pool obligations are revised. After the pool obligations have been determined the local market administrator summarizes the individual handler reports and submits a series of order summary reports to the Market Information Branch (MIB) in Dairy Programs. The MIB summarizes the individual order data and disseminates this information via monthly, bimonthly, and annual releases or publications. Since milk marketing order statistics are based on reports filed by the population of possible reporting firms and not a sample, these statistics are comprehensive. Also, since these individual firm reports are subject to audit and verification, these statistics are accurate. The Federal milk order statistics database contains historical information, beginning in January 2000, generated by the administration of the Federal milk order program. Most of the information in the database has been published previously by the Market Information Branch in Dairy Programs either on its web site or in the Dairy Market News Report. New users are encouraged to use the "User Guide" to learn how to navigate the search screens. If you are interested in a description of the Federal milk order statistics program, or want current data, in ready made table form, use the "Current Information" link.

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.

The global market size of Milk is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Milk Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Milk industry. The key insights of the report:
1.The report provides key statistics on the market status of the Milk manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Milk industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Milk Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Milk as well as some small players. At least 17 companies are included:
* Nestle
* Danone
* Arla Foods
* Mengniu Dairy
* Lactalis
* Dairy Farmers of America
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Milk market
* Yogurt
* Probiotic Milk
* Pure Milk
* Others
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Online
* Offline

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Dairy Price Index in World increased to 153.50 Index Points in May from 152.20 Index Points in April of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

The price per unit in the 'Milk' segment of the food market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total 0.8 U.S. dollars (+19.56 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 4.84 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Fruits & Nuts' segment of the food market in India and the average revenue per capita in the 'Chocolate Confectionery' segment of the food market in Mexico. The Statista Market Insights cover a broad range of additional markets.

This statistic shows the dairy market value worldwide from 2020 to 2022 and also provides a forecast for 2023 to 2028. The global dairy market was valued at 893 billion U.S. dollars in 2021 and was projected to grow to about 1243 billion U.S. dollars by 2028.

The revenue of the milk market in Papua New Guinea amounted to $X in 2018, jumping by X% against the previous year. Overall, milk consumption continues to indicate strong growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the milk market attained its peak figure level in 2018 and is likely to see steady growth in the near future.

In 2024, the Azerbaijani milk market increased by 0.6% to $1.7B, rising for the ninth year in a row after two years of decline. Over the period under review, consumption, however, showed a modest expansion. As a result, consumption attained the peak level of $1.8B. From 2014 to 2024, the growth of the market remained at a lower figure.

The price per unit in the 'Milk' segment of the food market in Luxembourg was forecast to continuously increase between 2025 and 2030 by in total 0.5 U.S. dollars (+17.48 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.32 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Breakfast Cereals' segment of the food market in the United Kingdom and the price per unit in the 'Fruits & Nuts' segment of the food market in Sierra Leone. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Latin American milk market decreased by -1.4% to $82.8B for the first time since 2019, thus ending a four-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the market value increased by 5.8%. Over the period under review, the market attained the peak level at $84B in 2023, and then fell in the following year.

European Processed Milk Market Size Value by Country, 2023 Discover more data with ReportLinker!

Processed Milk Market Size Value in Poland, 2021 Discover more data with ReportLinker!

The global UHT milk market is forecasted to reach a size of US$ 74 billion in 2024, according to a newly published industry analysis complied by skilled analysts at Fact.MR. Revenue from UHT milk sales 1s approximated to increase at a CAGR of 6.5% and reach US$ 138.9 billion by the end of 2034.

Report Attribute	Detail
UHT Milk Market Size (2024E)	US$ 74 Billion
Forecasted Market Value (2034F)	US$ 138.9 Billion
Global Market Growth Rate (2024 to 2034)	6.5% CAGR
Market Share of Skimmed UHT Milk (2034F)	45.6%
East Asia Market Share (2034F)	23.1%
South Korea Market Growth Rate (2024 to 2034)	7.3% CAGR
Key Companies Profiled	Nestlé SA; Parmalat; Groupe Lactalis S.A.; Fonterra Co-operative Group Limited; Danone Limited; S.A.B. de CV; Grupo Lala; Amcor Ltd.; Dairy Group (Pty) Ltd.; Bemis Company; Arla Foods; Sonoco Products Company; Gujarat Cooperative Milk; Mother Dairy; Tetra Pack.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 7.9 Billion
Growth Rate (2024 to 2034)	6.9% CAGR
Projected Value (2034F)	US$ 15.4 Billion

Attribute	China
Market Value (2024E)	US$ 8.1 Billion
Growth Rate (2024 to 2034)	6.5% CAGR
Projected Value (2034F)	US$ 15.2 Billion

Attribute	Japan
Market Value (2024E)	US$ 4.8 Billion
Growth Rate (2024 to 2034)	7% CAGR
Projected Value (2034F)	US$ 9.4 Billion

Category-wise Insights

Attribute	Skimmed UHT Milk
Segment Value (2024E)	US$ 32.1 Billion
Growth Rate (2024 to 2034)	7% CAGR
Projected Value (2034F)	US$ 63.4 Billion

Attribute	Bottles
Segment Value (2024E)	US$ 39.9 Billion
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 74.1 Billion

Condensed or Evaporated Milk Market Size Value in Germany, 2021 Discover more data with ReportLinker!

Forecast: Evaporated Milk Market Size Value in Germany 2023 - 2027 Discover more data with ReportLinker!

Processed Milk Market Size Value in Greece, 2021 Discover more data with ReportLinker!