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.

Explore the factors influencing the cost of a pint of milk in the US, ranging from $0.50 to $1.00, shaped by production costs, regional variations, and market demand as of October 2023.

Monthly average retail prices for selected products, for Canada and provinces. 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.

Discover the current pricing of a 6-pint bottle of milk at UK retailer Iceland, ranging between £1.50 and £2.00 in 2023, influenced by location, promotions, and brand. Learn about factors affecting these prices, including geographical differences, offers, and the type of milk. Stay informed to secure the best deals on your groceries.

Over the five years through 2025-26, revenue in the Milk and Cream Production industry is expected to swell at a compound annual rate of 4.5%, with a 0.7% increase in the current year to reach £9.0 billion. Demand has remained resilient, supported by steady household consumption and strong links to downstream food sectors like bakeries, cafés and dessert manufacturers. Producers have also benefited from rising interest in barista-specific milk and organic cream lines, with products like Arla’s Barista Milk or Yeo Valley’s organic double cream. However, cost pressures have intensified. Profitability has narrowed over the past five years as industrial electricity prices surged, packaging taxes were introduced and major supermarkets cut retail milk prices, with many of these pressures intensifying over the two years through 2023-24. According to the International Energy Agency, electricity costs rose by 124% in 2023, while The Guardian reported a 10p-per-pint price drop by leading grocers. Many manufacturers have struggled to maintain earnings with limited pricing power and high input costs. Producers have turned to automation and energy-saving technology to improve efficiency and stay competitive. Arla Foods, for example, installed a new automated packing line at its Settle Creamery in 2023 to reduce energy use and streamline production. The company has also committed to cutting operational emissions by 30% by 2030 as part of its net-zero strategy. The push for consolidation has continued, particularly among mid-sized dairies seeking greater scale and tighter supply chain control. Sustainability compliance and packaging regulations have also risen to the agenda, raising operational costs. While profit margins remain structurally lower than those in broader manufacturing, the industry has adapted to protect profitability wherever possible, investing in automation, energy-efficient equipment and value-added products like Arla’s high-protein dairy drinks to stretch revenue from the same milk volumes. Looking ahead, revenue is forecast to swell at a compound annual rate of 5% over the five years through 2030-31, reaching £11.5 billion. Export opportunities are likely to expand, especially in Asian markets, as UK dairy gains a reputation for quality and food safety. At the same time, demand for premium and functional dairy products, such as high-protein cream or lactose-free milk, continues to surge. Still, competitive pressure from plant-based alternatives and rising environmental expectations will present challenges.

The price of pasteurized milk in Russia gradually increased between January 2021 and October 2024. From November 2023 onwards, figures have generally followed a upward trend, measuring at 84.8 Russian rubles per liter as of October 2024.