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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.
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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.
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The United States Dairy Market is segmented by Category (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
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The UHT (Ultra-High Temperature) Milk market is witnessing significant growth, with a market size estimated at USD 57.2 billion in 2023 and projected to reach USD 89.6 billion by 2032, reflecting a robust CAGR of 5.2% during the forecast period. This upward trend is largely driven by increasing consumer demand for convenience and extended shelf life in dairy products, which is a result of the busy lifestyles prevalent in urban areas. The various factors contributing to the growth of this market include technological advancements in processing techniques, rising health consciousness among consumers, and increasing globalization and exposure to Western culture and dietary habits. These aspects collectively drive the demand for UHT milk, making it a staple in many households and industries worldwide.
One of the primary growth factors of the UHT milk market is the increasing global demand for long-life dairy products. As urbanization continues to accelerate, particularly in emerging economies, consumers are increasingly seeking products that are both convenient and easy to store. UHT milk, with its extended shelf life and reduced need for refrigeration, fits these needs perfectly. Furthermore, UHT processing, which involves heating milk at high temperatures to kill bacteria and enzymes, ensures that the milk remains safe for consumption for several months without preservatives. This has made UHT milk particularly popular in regions that face logistical challenges in the cold supply chain, enhancing its market penetration and appeal.
Another significant driver is the growing health awareness among consumers, which has led to increased consumption of milk as a source of essential nutrients. UHT milk offers the same nutritional benefits as fresh milk, making it an attractive option for health-conscious consumers. Additionally, the UHT process does not significantly affect the milk’s nutritional content, retaining its proteins, vitamins, and minerals. This nutritional equivalence, coupled with the convenience of UHT milk, is encouraging more consumers to make the switch. Moreover, with the popularity of on-the-go food and beverage products, UHT milk’s packaging options, such as cartons and bottles, cater well to this trend, further propelling market growth.
The rise of e-commerce and online retail channels has also significantly contributed to the growth of the UHT milk market. As consumers increasingly turn to online shopping for their grocery needs, the availability of UHT milk through these platforms has expanded its accessibility and convenience. Retailers and manufacturers are increasingly partnering with e-commerce platforms to reach a broader consumer base, offering competitive pricing and promotions that attract buyers. This shift towards digital sales channels has proven to be advantageous, particularly in light of the COVID-19 pandemic, which has accelerated the adoption of online shopping habits. The ease of home delivery and the ability to stockpile due to the long shelf life of UHT milk has further cemented its position in the market.
Regionally, Europe holds a significant share in the UHT milk market, driven by high consumption levels in countries like France, Spain, and Italy, where UHT milk is a staple in households. The Asia Pacific region is expected to exhibit the highest growth rate, with a CAGR of 6.0% over the forecast period, driven by rising disposable incomes and changing dietary habits in countries like China and India. In contrast, North America maintains a steady growth pattern, influenced by increasing demand for organic and specialty UHT milk varieties. The market in Latin America and the Middle East & Africa is also growing, supported by improving distribution networks and rising consumer awareness. These regional dynamics highlight the diverse factors influencing the UHT milk market across the globe.
The UHT milk market is segmented by product type into whole UHT milk, semi-skimmed UHT milk, skimmed UHT milk, and flavored UHT milk, each catering to different consumer preferences and dietary requirements. Whole UHT milk, which contains higher fat content, remains a popular choice among consumers who prefer a creamier taste and are less concerned about fat intake. It is particularly favored in regions with traditional dietary preferences that emphasize rich, full-bodied milk. Whole UHT milk also appeals to the food service industry, where it is used in various culinary applications requiring richness in flavor and texture.
Semi-skimmed and skimmed UHT milk variants cater to the growing seg
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According to Cognitive Market Research, the global Milk Market size will be USD 951245.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 380498.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 285373.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 218786.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 47562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 19024.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The Liquid milk category is the fastest growing segment of the milk industry
Market Dynamics of Milk Market
Key Drivers for Milk Market
Growing Adoption of Lactose-Free Goods to Boost Market Growth
The market for milk is expanding due in large part to the growing demand for lactose-free products. More customers are looking for dairy product substitutes as they become more aware of lactose intolerance and dairy allergies. For those who find that drinking ordinary milk causes pain or digestive problems, lactose-free milk provides an alternative. Dairy producers are being encouraged by this increasing demand to create and broaden their product ranges of lactose-free milk, cheese, and Yoghurt. Furthermore, because lactose-free milk is frequently promoted as being simpler to digest, it appeals to both people who are lactose intolerant and health-conscious shoppers looking for goods that might have different digestive advantages. In line with a larger movement toward inclusive food alternatives and tailored nutrition, the trend for lactose-free products supports the dairy industry's and the milk market's steady expansion. The advent of creative dairy substitutes that satisfy lactose-sensitive consumers supports this trend.
Raising Awareness of Nutrition and Health to Drive Market Growth
Dairy products' high calcium content and support of bone growth and health make them essential components of a balanced diet. Dairy products also contain important amounts of protein, vitamins (such B12 and D), and minerals (including magnesium and potassium). Global dairy demand is rising as people seek out healthy, nutrient-dense foods and become more health conscious. Additionally, the market dynamics are being shaped by the growing demand for plant-based and lactose-free dairy substitutes as a result of increased knowledge of lactose intolerance and milk allergies. To meet the need for functional foods that promote general well-being, dairy companies in the sector are also reacting by adding extra nutrients to their products.
Restraint Factor for the Milk Market
Concerns associated with Food Safety, will Limit Market Growth
The milk market is significantly hampered by worries about food safety. Problems with bacterial development, contamination, and inappropriate handling can endanger public health and erode customer trust. Salmonella, Listeria, and E. coli are among the bacteria that can cause serious health problems when they contaminate milk. Additionally, consumers are skeptical due to worries about the use of hormones and antibiotics in dairy farming. To handle these issues, strict laws and quality control procedures are necessary, yet any violations of safety standards can result in product recalls, harm to one's reputation, and monetary losses. Because of this, issues with food safety continue to impede the expansion of the milk market, necessitating constant attention to production procedures.
Impact of Covid-19 on the Milk Market
The worldwide milk market was greatly affected by the COVID-19 epidemic, which caused supply chains to break down and had an effect on both production and consumption. Some areas saw lower milk production due to lockdowns and labor shortages, and distribution was hampered by delayed transit. While ret...
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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.
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Access Asia Pacific Flax Milk Industry Overview which includes Asia Pacific country analysis of (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC), market split by Product Type, Distribution Channel
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The North America Non-Dairy Milk Market is segmented by Product Type (Almond Milk, Cashew Milk, Coconut Milk, Hemp Milk, Oat Milk, Soy Milk), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.
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The global Fresh Milk market is forecasted to grow at a noteworthy CAGR of 3.82% between 2025 and 2033. By 2033, market size is expected to surge to USD 551.6 Billion, a substantial rise from the USD 393.64 Billion recorded in 2024.
The Global Fresh Milk market size to cross USD 551.6 Billion in 2033. [https://edison.valuemarketresearch.com//uploads/report_images/VMR112112391/fresh-milk-market-si
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According to Cognitive Market Research, the global A2 Milk market size is USD 2315.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 9.80% from 2023 to 2030.
North America held the major market of more than 40% of the global revenue with a market size of USD 926.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030
Europe market of more than 30% of the global revenue with a market size of USD 694.56 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030
Asia-Pacific emerges as the fastest-growing market of more than 23% of the global revenue with a market size of USD 532.50 million in 2023 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2023 to 2030
Latin America market of more than 5% of the global revenue with a market size of USD 115.76 million in 2023 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2023 to 2030
Middle East and Africa market of more than 2.00% of the global revenue with a market size of USD 46.30 million in 2023 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030
Growing Consumer Awarenessto Provide Viable Market Output
One key driver propelling the A2 Milk market is the increasing awareness among consumers regarding the potential health benefits associated with A2 milk. As individuals become more health-conscious, there is a rising demand for dairy products perceived as easier to digest and less likely to cause discomfort. A2 Milk, characterized by its A2 beta-casein protein composition, is believed by some consumers to be a suitable alternative for those sensitive to the A1 protein found in conventional milk. This heightened awareness and preference for A2 Milk contribute significantly to its market growth.
In May 2022, the a2 Milk Company and Lincoln University are collaborating to introduce a new program to support sustainable dairy farming initiatives in New Zealand. The A2 Milk Company and Lincoln University, New Zealand's only specialist land-based university, joined forces to launch The Farm Sustainability Fund.
Nutritional Advantagesto Propel Market Growth
The growth of e-commerce and online retail has significantly impacted the A2 Milk market. Consumers now have easy access to a wide range of A2 Milk from the comfort of their homes. Online platforms offer convenience, product variety, and reviews, allowing shoppers to make informed choices. This shift in shopping behavior has fueled market expansion, making A2 Milk more accessible to a global audience, thereby contributing to increased sales and brand awareness within this niche market.
March 2020: The A2 Milk Co. Ltd announced an agreement with the Canadian Agrifoods Cooperative for the production, distribution, sales, and marketing of milk in Canada.
Source-thea2milkcompany.com/latest-company-news/the-a2-milk-brand-expands-into-the-canadian-market-under-licence
Market Restraints of the A2 Milk market
Limited Availability and Supply Chain Challengesto Restrict Market Growth
One key restraint faced by the A2 Milk market is the limited availability of A2-producing cows and the associated supply chain challenges. Unlike conventional milk, which is derived from a broader range of cow breeds, A2 Milk relies on cows specifically bred to produce A2 beta-casein protein. The scarcity of such cows, coupled with challenges in maintaining a consistent supply chain, can result in production limitations and potential fluctuations in A2 Milk availability, posing a constraint to market expansion.
Impact of the COVID-19 on the A2 Milk market
The A2 Milk market experienced both challenges and opportunities due to the COVID-19 pandemic. On the positive side, there was a surge in demand for packaged and essential food products, including A2 Milk, as consumers stockpiled goods during lockdowns. The focus on health and wellness during the pandemic also benefited the A2 Milk market, with consumers seeking products perceived as more nutritious and easier to digest. However, disruptions in the supply chain, restrictions on movement impacting distribution, and economic uncertainties affected the market negatively. Additionally, the closure...
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The Mexico flavoured milk market size was approximately USD 1.77 Billion in 2024. The market is assessed to grow at a CAGR of 8.60% between 2025 and 2034, reaching a value of USD 4.04 Billion by 2034.
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The global fluid milk market volume was 239.12 Million Tons in 2024 and is projected to grow at a 1.60% CAGR, reaching 280.25 Million Tons by 2034.
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According to Cognitive Market Research, the Global Flax Milk Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
The Flax Milk market will expand significantly by XX% CAGR between 2024 and 2031.
The original flax milk type accounts for the largest market share and is anticipated to a healthy growth over the approaching years.
The hypermarkets and supermarkets are the market’s largest contributor and are anticipated to expand at a CAGR of XX% during the projected period.
North-America region dominated the market and accounted for the highest revenue of XX% in 2022 and it is projected that it will grow at a CAGR of XX% in the future.
Market Dynamics of the Flax Milk Market
Key Drivers of the Flax Milk Market
The health-related benefits associated with flax milk are driving the market growth.
Flaxseed milk is a plant-based milk substitute that is continuously coming to the preference list of health-conscious people, especially youngsters. It is produced by blending flaxseeds with water and has a nutty, slightly sweet flavor. Flaxseed-based milk is termed a great dairy-free alternative that is low in calories, high in nutrients, and provides many health benefits.
Flaxseed milk is a great source of nutrients. It is rich in omega-3 fatty acids, which are essential for heart health, brain function, and overall well-being. Also, it is a good source of protein, fiber, calcium, iron, and vitamin B12. All these nutrients are essential for building strong bones, boosting the immune system, and supporting overall health.
Moreover, flax milk is a perfect choice for people trying to lose weight or maintain a healthy weight. The characteristics of consisting less calories and fat make it an ideal choice for people trying to reduce their calorie intake. Consumption of flax seeds can be helpful to stick to desired weight management goals by avoiding overeating as it is high in fiber which helps to feel full and satisfied for longer periods.
All these benefits of flaxseed milk make it a healthy option for people and raise the demand resulting in market growth.
The rising vegan and lactose intolerant population is one of the main driving factors for the increase in the demand for flax milk.
Being vegan or veganism is the practice of only eating food that doesn’t include animal products. Animal products here include not only meat but also milk, eggs, and other food products that are derived, in whole or in part, from the bodies of animals. The rising global vegan population is growing the demand for plant-based milk substitutes such as flax milk. For instance, a 2023 U.S. survey revealed that around 4% of Americans are vegans. (Source: https://sentientmedia.org/increase-in-veganism/)
Furthermore, the growing lactose intolerance incidence is driving people to look out for alternative sources to consume proteins and nutrients. Lactose intolerance is a condition that makes it difficult to digest lactose, a sugar found in milk and several other dairy/animal-based products Approximately 65% of the human population has a reduced ability to digest lactose after infancy. An alternative to “milk” like almond milk, flax milk is finely milled flaxseed mixed with filtered water and other minor compounds. Since flax milk also contains proteins and nutrients, it is an excellent alternative to dairy milk as it is lactose-free. It is suitable for people allergic to soy, nuts, and gluten, and it contains more health benefits than almond milk.
Key Restraints in the Flax Milk Market
The prevalence of highly competitive plant-based milk substitutes can restrict the market growth for flax seed milk.
Animal-based milk has long been known as a rich source of protein and calcium; however, with the growing concerns regarding the side effects of milk consumption, there has been a gradual shift towards milk alternatives. The rising prevalence of lactose intolerance and milk allergies has brought new life to the dairy-substitute segment.
The consumption of plant-based milk substitutes has spread rapidly around the world due to its numerous positive health effects on the human body. Individuals with cow’s milk allergy, lactose intolerance, and hypocholesterolemia prefer such dairy substitutes. This rapid shift has given an opportun...
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The size of the United States Dairy Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.30% during the forecast period. The dairy industry in the United States includes the manufacturing, circulation, and promotion of milk and various dairy goods like cheese, butter, yogurt, and ice cream. The market is enjoying consistent expansion, fueled by rising health-conscious customers and high per capita personal income. Dairy Farmers of America, Dean Foods, and Danone are dominating the market with large product offerings and strong distribution systems. The increasing popularity of high-protein diets and the use of dairy in a variety of food products are driving the growth in demand for dairy products. In spite of obstacles like varying milk prices and strict regulations, the market is optimistic due to continuous research and development endeavors. This path underscores the crucial importance of dairy items in the American diet and their possibility for continuous expansion in the U.S. market. Recent developments include: December 2022: Lactalis Canada acquired Kraft Heinz's Grated Cheese business in Canada, marking its entry into the ambient category.November 2022: The Kraft Heinz Company launched the cheesecake kit Philly Handbag.August 2022: Dairy Farmers of America acquired two shelf-extended facilities of SmithFoods. The strategy of this acquisition was to assist the corporation in capitalizing on the market's growing demand for products with extended shelf lives.. Key drivers for this market are: Growing Demand for Cocoa Butter Equivalents Among Food Manufacturers, Rising Application in Food Industry. Potential restraints include: Health Concerns Pertaining to the Excessive Consumption of Fats and Oils. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Global Oat Milk market size is expected to reach $5.18 billion by 2029 at 10.1%, segmented as by source, organic, conventional
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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% |
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The global nut milk market reached a value of approximately USD 12.59 Billion in 2024. The market is projected to grow at a CAGR of 11.40% between 2025 and 2034, reaching a value of around USD 37.06 Billion by 2034.
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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% |
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The United States non-dairy milk market was valued at USD 4.92 Billion in 2024. The industry is expected to grow at a CAGR of 11.80% during the forecast period of 2025-2034 to attain a valuation of USD 15.01 Billion by 2034.
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Access North America Flax Milk Industry Overview which includes North America country analysis of (United States, Canada, Mexico), market split by Product Type, Distribution Channel
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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.