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.

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

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.

In 2024, the average price of milk was *** U.S. dollars per gallon. Milk alternatives were priced **** U.S. dollars. The difference between the price of meat and its alternatives in the U.S. retail market amounted to about *** U.S.dollars per pound.

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

In the 52 weeks ending on November 30, 2024, the average price of one liter of semi-skimmed milk was ** pence per liter in the UK. Plant-based alternatives cost over *** British pounds.

The Wholesale Price Index of milk across India during financial year 2024 was over ***. An overall increase in the price index for milk was seen over the years from financial year 2013 in the country.

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.

Northeast Area Milk Prices - Historical chart and current data through 2024.

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

For the fifth year in a row, the global whole fresh milk market recorded growth in sales value, which increased by 4.8% to $825.4B 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 in certain years. Global consumption peaked in 2024 and is expected to retain growth in the immediate term.

The price per unit in the 'Milk Substitutes' segment of the food market in the United States was modeled to stand at **** U.S. dollars in 2024. Between 2018 and 2024, the price per unit rose by **** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The price per unit 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 Substitutes.

In 2024, the Sri Lankan whole fresh milk market increased by 1.7% to $710M, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +4.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Dairy Price Index in World decreased to 142.20 Index Points in October from 147.20 Index Points in September of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

Get the latest insights on price movement and trend analysis of Whole Milk Powder (WMP) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In February 2025, the average whole fresh milk import price amounted to $773 per ton, increasing by 1.7% against the previous month.

In 2024, after four years of growth, there was decline in the Asian whole fresh milk market, when its value decreased by -1.7% to $353.4B. The market value increased at an average annual rate of +3.6% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $359.6B in 2023, and then fell in the following year.

The Swedish whole fresh milk market dropped to $1.7B in 2024, reducing by -4.2% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $1.9B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.