United States Dairy Market Growth, Size, Trends, Demand, Share, Revenue and Future Competition
United States Dairy Market Size- By Category, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: FOOD2461 | Pages: 1 - 103 | Formats*: |
| Category : Food & Beverages | |||
United States Dairy Market Introduction and Overview
According to SPER Market Research, the United States Dairy Market is estimated to reach USD 146.75 billion by 2033 with a CAGR 3.72%.
The report includes an in-depth analysis of the United States Dairy Market, including market size and trends, product mix, distribution channels, and supplier analysis. Food items made from milk are commonly referred to as dairy goods. These goods go through a number of procedures, including fermentation, homogenization, and pasteurization, which to improve shelf life, taste, and texture.
- December 2022: Kraft Heinz's Canadian Grated Cheese division was acquired by Lactalis Canada, launching the company into the ambient market.
- August 2022: Dairy Farmers of America purchased two SmithFoods shelf-extended facilities. The purpose of this acquisition was to help the company take advantage of the expanding market for products with longer shelf life.
Market Opportunities and Challenges
Opportunities: The US dairy sector has grown significantly as a result of the rising demand for cheese. The popularity of ethnic food that uses cheese, the availability of a larger variety of cheese, and the rise in eating out have all contributed to the rise in cheese consumption. Recent years have seen mozzarella emerge as the most popular cheese, and the consumption of other cheese varieties has been increasing rapidly as well, demonstrating the significance of cheese in the American diet. Furthermore, The United States' production of butter is influenced by the growing demand for it both domestically and abroad. A country's increasing milk production is impacted by its growing milk cow population.
Challenges: Traditional dairy products are directly challenged by plant-based milk substitutes, which may cause customer preferences to change and may result in a decline in dairy sales. A significant portion of the milk business has shifted to plant-based substitutes, particularly among younger consumers who are becoming more environmentally and health conscious. As customers become more conscious of their health and well-being, they are choosing plant-based substitutes because they believe they are healthier due to their lower cholesterol and saturated fat levels. Because they use less water and produce fewer greenhouse gas emissions than dairy products, plant-based goods are more popular with consumers who value sustainability. More money is being spent on R&D and marketing as a result of the growing acceptance of plant-based substitutes, which will further accelerate their expansion and market share.
Market Competitive Landscape
The top five firms in the US dairy market account for 17.32% of the market, which is fragmented. Danone SA, Froneri International Limited, Groupe Lactalis, Nestlé SA, and The Kraft Heinz Company are the leading companies in this market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Category, By Distribution Channel |
| Regions covered | Eastern, Western, Northern, Southern |
| Companies Covered | California Dairies Inc., Conagra Brands Inc., Continental Dairy Facilities LLC, Dairy Farmers of America Inc., Danone SA, Froneri International Limited, Groupe Lactalis, Land O'Lakes Inc., Nestlé SA, Prairie Farms Dairy Inc., Schreiber Foods Inc. |
COVID-19 Impact on United States Dairy Market
The dairy market in the United States has been significantly impacted by the COVID-19 epidemic, which has changed consumer behavior and caused supply chain disruptions. The demand for dairy products, such as cheese and butter, which are frequently used in large quantities by these industries, first declined significantly as a result of the closure of restaurants, schools, and other food service establishments. Due to difficulties in processing the additional milk produced as a result, some dairy producers were forced to dispose of their excess milk. Conversely, as people stocked up on necessities during lockdowns, there was an increase in demand for dairy goods at grocery shops.
Key Target Audience:
- Food Retailers
- Food Service Providers
- Dairy Processors
- Dairy Farmers
- Institutional Buyers
- Food Manufacturers
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| By Distribution Channel: |
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Key Topics Covered in the Report:
- United States Dairy Market Size (FY’2024-FY’2033)
- Overview of United States Dairy Market
- Segmentation of United States Dairy Market By Category (Butter, Cheese, Daily Deserts, Milk, Sour Milk Drinks, Yogurt)
- Segmentation of United States Dairy Market By Distribution Channel (Off-trade, On-trade)
- Expansion Analysis of United States Dairy Market
- Problems and Obstacles in United States Dairy Market
- Competitive Landscape in the United States Dairy Market
- Impact of COVID-19 and Demonetization on United States Dairy Market
- Details on Current Investment in United States Dairy Market
- Competitive Analysis of United States Dairy Market
- Prominent Players in the United States Dairy Market
- SWOT Analysis of United States Dairy Market
- United States Dairy Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States Dairy Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Dairy Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Dairy Market
7. United States Dairy Market, By Category (USD Million) 2020-2033
7.1. United States Dairy Market Size, Share and Forecast, By Category, 2020-20267.2. United States Dairy Market Size, Share and Forecast, By Category, 2027-20337.3. Butter7.3.1. Cultured7.3.2. Uncultured7.4. Cheese7.4.1. Natural Cheese7.4.2. Processed Cheese7.5. Cream7.5.1. Single Cream7.5.2. Double Cream7.5.3. Whipping Cream7.5.4. Others7.6. Daily Deserts7.6.1. Cheesecakes7.6.2. Frozen Desserts7.6.3. Ice Cream7.6.4. Mousses7.6.5. Others7.7. Milk7.7.1. Fresh Milk7.7.2. Condensed Milk7.7.3. Flavoured Milk7.7.4. UHT Milk7.7.5. Powdered Milk7.8. Sour Milk Drinks7.9. Yogurt
8. United States Dairy Market, By Distribution Channel (USD Million) 2020-2033
8.1. United States Dairy Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. United States Dairy Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Off-Trade8.3.1. Convenience Stores8.3.2. Online Retail8.3.3. Specialist Retailers8.3.4. Supermarkets and Hypermarkets8.3.5. Others8.4. On-Trade
9. United States Dairy Market Forecast, 2020-2033 (USD Million)
9.1. United States Dairy Market Size and Market Share
10. United States Dairy Market, By Region, 2020-2033 (USD Million)
10.1. United States Dairy Market Size and Market Share By Region (2020-2026)10.2. United States Dairy Market Size and Market Share By Region (2027-2033)10.3. Eastern Region10.4. Western Region10.5. Northern Region10.6. Southern Region
11. Company Profile
11.1. California Dairies Inc.11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Conagra Brands Inc.11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Continental Dairy Facilities LLC11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Dairy Farmers of America Inc.11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Danone SA11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Froneri International Limited11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Groupe Lactalis11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Land O'Lakes Inc.11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Nestlé SA11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Prairie Farms Dairy Inc.11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Schreiber Foods Inc.11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments11.12. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Dairy Market is projected to reach USD 146.75 billion by 2033, growing at a CAGR of 3.72% during the forecast period.
United States Dairy Market grew in market size from 2023. The Market is expected to reach USD 146.75 billion by 2033, at a CAGR of 3.72% during the forecast period.
United States Dairy Market CAGR of 3.72% during the forecast period.
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United States Dairy Market size is USD 146.75 billion from 2024 to 2033.
United States Dairy Market segment is Covered By Category, By Distribution Channel.
The North America Region is anticipated to have the highest market share in the United States Dairy Market .
The key players in the market include Companies Covered California Dairies Inc., Conagra Brands Inc., Continental Dairy Facilities LLC, Dairy Farmers of America Inc., Danone SA, Froneri International Limited, Groupe Lactalis, Land O'Lakes Inc., Nestlé SA, Prairie Farms Dairy Inc., Schreiber Foods Inc.
The United States' production of butter is influenced by the growing demand for it both domestically and abroad.
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