United States Dairy Market to Grow at a CAGR of 4.96% in the forecast period

Changing consumer lifestyle & increasing consumer awareness towards fitness are driving the United States dairy market towards steady growth.

According to TechSci Research report, “United States Dairy Market By Product Type (Drinking Milk, Cheese, Yogurt, Butter and Others (Cream, Ice-Cream, Butter Milk, Milk Powder, etc.), By Distribution Channel (Departmental Stores, Convenience Stores, Supermarket/Hypermarket, Online, and Others (Direct Sales, Institutional Sales, etc.)), By Region, By Top 10 States, Competition Forecast & Opportunities, 2026” , the  United States dairy market stood at USD102.94 billion in 2020 and is projected to reach USD137.22 billion with the projected CAGR of  4.96%  by 2026F. Growth in the market can be attributed to changing consumer diets, and increasing focus on healthy lifestyle, along with increasing consumption of dairy foods and growing interest in nutrition.

The Dairy Industry in the United States includes farms, cooperatives, and companies that produce milk and cheese and related products and distribute them to end-users. It is well-positioned and eager to meet the world's growing need for dairy and fully invested in being a long-term global supplier that drives customer business forward. Dairy is not only a healthy and delicious food group, but it also contributes considerably to the United States economy by providing a key source of income to the families in the United States. In the United States, most dairy farms are family-owned.

In Addition, dairy farmers in the United States work closely with animal nutritionists and veterinarians to know the best feed combination for their dairy animals. They know that healthy and well cared cows on a nutritious diet consistently produce wholesome and high-quality milk regardless of location or herd size. The dairy industry in the United States has significant growth potential due to land, infrastructure, and technological resources. Thus, the country has continued its milk production expansion and dairy products offerings. Along with this companies are giving assurance of rigorous quality and safety standards to consumers. The dairy industry in the United States is promising to deliver high-quality products and ingredients to customers.

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The United States dairy market consists of the following segments, by product type, by distribution channel, by region, by top 10 states and by company. In terms of product type, the market is divided into drinking milk, cheese, yogurt, butter and others. Among them, cheese is growing at the fastest rate due to the rise in the number of restaurants and cafes owing to the increasing demand for fast food products and changing consumer taste & preferences. In terms of distribution channels, the United States dairy market is divided into convenience stores, departmental stores, online, hypermarket /supermarket & others. Among them, online sales segment is the fastest-growing as it is convenient due to better logistic systems.

In terms of region, the United States dairy market is divided into South, West, Midwest, and Northeast. Among which, the South region dominates the United States dairy market due to the large population and high per capita income. Additionally, dairy companies in the United States are continuously focusing on maximizing the dairy farmer investment by creating programs and resources to drive dairy demand and build consumer confidence to ensure a strong future for the dairy industry in the country. Additionally, states in the United States like Wisconsin, Minnesota, New York, Pennsylvania, Ohio, Michigan, Iowa, Kentucky, Missouri, and California have the highest number of dairy farms. To remain competitive in the market companies are continuously involved in new product development and launches and in new strategic development.

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“In July 2020, Land O’Lakes Inc. and Microsoft Corporation announced a multi-year strategic alliance to launch innovations in agriculture, improvize the supply chain and expand sustainability practices for farmers and the food system. The companies will also create a digital dairy solution, harnessing the power of edge computing to collect data from farms with limited internet access, and the power of AI to provide data-driven insights for dairy producers. Using sensors and third-party applications, this initiative will bring together multiple data streams including weather, feed management and animal health to help dairy producers improve profit potential, adopt conservation practices, and reduce waste by feeding livestock only what they require and ensuring milk supply doesn’t go bad in the supply chain.

The company will use digital dairy solution to provide traceability throughout the Land O’Lakes supply chain, to provide confidence to consumers that milk, butter, and cheese are sustainably sourced and made of the highest quality. These digital technologies will help dairy producers to enhance efficiencies and profit potential while ensuring that the food reaches to the people who need it most at a time when the dairy business is strained by changing customer demand and supply-chain gap.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United States Dairy Market By Product Type (Drinking Milk, Cheese, Yogurt, Butter and Others (Cream, Ice-Cream, Butter Milk, Milk Powder, etc.), By Distribution Channel (Departmental Stores, Convenience Stores, Supermarket/Hypermarket, Online, and Others (Direct Sales, Institutional Sales, etc.)), By Region, By Top 10 States, Competition Forecast & Opportunities, 2026” , has evaluated the future growth potential of dairy market in the United States and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the United States dairy market.

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