Milk (Dairy and Soy Food) Market in the United States of America – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The milk market in the US was valued at $22.51 billion in 2020. The market is projected to grow at a CAGR of more than 3% during the forecast period. White milk is expected to be the fastest growing segment of the milk market between 2020 and 2025 and the weakest performing segment is forecasted to be evaporated milk. In 2020, the largest segment of the milk market in volume terms was white milk followed by flavored milk. Within the distribution channels, hypermarkets and supermarkets accounted for a majority share of the market for milk while the slowest operating channel was food & drinks specialists.
The US milk market research report provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for milk and its variants evaporated milk, fermented milk, flavored milk and white milk.
US milk market overview
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What are the key segments in the US milk market?
The key segments in the milk market in the US are white milk, flavored milk, evaporated milk, and fermented milk. White milk was the largest segment in 2020 by value and volume while flavored milk was the fastest growing segment during the review period both by value and volume.
US milk market, by segments
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What are the key distribution channels in the US milk market?
The key distribution channels in the milk market in the US are hypermarkets and supermarkets, food and drinks specialists, convenience stores, e-retailers, dollar stores, variety stores and others. The predominant distribution channel for the US milk market was hypermarkets and supermarkets while e-retailers registered fastest growth in the review period.
US milk market, by distribution channels
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What are the key brands in the US milk market?
Some of the key brands in the US milk market are DairyPure – Others, Horizon, Borden, Carnation, Fairlife, Lactaid, Prairie Farms, Organic Valley, Darigold, Dairymen`s, and Private Label. DairyPure – Others led the market by value and Horizon led the market by volume in 2020. Fairlife recorded the fastest growth during the review period.
US milk market, by key brands
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Market report scope
Market size (Year – 2020) | $22.51 billion |
Growth rate | CAGR of >3% |
Forecast period | 2020-2025 |
Key segments | White Milk, Flavored Milk, Evaporated Milk, and Fermented Milk |
Key distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, E-Retailers, Dollar Stores, Variety Stores |
Key brands | DairyPure – Others, Horizon, Borden, Carnation, Fairlife, Lactaid, Prairie Farms, Organic Valley, Darigold, Dairymen`s, and Private Label |
This report provides:
- Overall milk (dairy and soy food) market value and volume analytics with growth analysis from 2015 to 2025.
- Value and Volume terms for the top brands.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the milk (dairy and soy food) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the US milk market size in 2020?
The milk market size in the US was valued at $22.51 billion in 2020.
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What is the US milk market growth rate?
The milk market in the US is projected to grow at a CAGR of more than 3% during the forecast period.
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What are the key segments in the US milk market?
The key segments in the milk market in the US are white milk, flavored milk, evaporated milk, and fermented milk.
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What are the key distribution channels in the US milk market?
The key distribution channels in the milk market in the US are hypermarkets and supermarkets, food and drinks specialists, convenience stores, e-retailers, dollar stores, variety stores and others.
-
What are the key brands in the US milk market?
Some of the key brands in the US milk market are DairyPure – Others, Horizon, Borden, Carnation, Fairlife, Lactaid, Prairie Farms, Organic Valley, Darigold, Dairymen`s, and private label.
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