Dairy in North America
Summary
Dairy in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The North American Dairy market had total revenues of $139,122.4 million in 2023, representing a compound annual growth rate (CAGR) of 6.3% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 0.1% between 2018 and 2023, to reach a total of 34,925.7 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.5% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $165,052.6 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in North America
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America dairy market with five year forecasts
- What was the size of the North America dairy market by value in 2023?
- What will be the size of the North America dairy market in 2028?
- What factors are affecting the strength of competition in the North America dairy market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's dairy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the North American dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the North American dairy market?
- 8 Company Profiles
- 8.1. Groupe Lactalis SA
- 8.2. Danone SA
- 8.3. Saputo Inc
- 8.4. The Kraft Heinz Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America dairy market value: $ million, 2018-23
- Table 2: North America dairy market volume: million kilograms, 2018-23
- Table 3: North America dairy market category segmentation: % share, by value, 2018-2023
- Table 4: North America dairy market category segmentation: $ million, 2018-2023
- Table 5: North America dairy market geography segmentation: $ million, 2023
- Table 6: North America dairy market distribution: % share, by value, 2023
- Table 7: North America dairy market value forecast: $ million, 2023-28
- Table 8: North America dairy market volume forecast: million kilograms, 2023-28
- Table 9: North America dairy market share: % share, by value, 2023
- Table 10: Groupe Lactalis SA: key facts
- Table 11: Groupe Lactalis SA: Key Employees
- Table 12: Danone SA: key facts
- Table 13: Danone SA: Annual Financial Ratios
- Table 14: Danone SA: Key Employees
- Table 15: Danone SA: Key Employees Continued
- Table 16: Saputo Inc: key facts
- Table 17: Saputo Inc: Annual Financial Ratios
- Table 18: Saputo Inc: Key Employees
- Table 19: The Kraft Heinz Co: key facts
- Table 20: The Kraft Heinz Co: Annual Financial Ratios
- Table 21: The Kraft Heinz Co: Key Employees
- Table 22: The Kraft Heinz Co: Key Employees Continued
- Table 23: North America exchange rate, 2018-23
- List of Figures
- Figure 1: North America dairy market value: $ million, 2018-23
- Figure 2: North America dairy market volume: million kilograms, 2018-23
- Figure 3: North America dairy market category segmentation: $ million, 2018-2023
- Figure 4: North America dairy market geography segmentation: % share, by value, 2023
- Figure 5: North America dairy market distribution: % share, by value, 2023
- Figure 6: North America dairy market value forecast: $ million, 2023-28
- Figure 7: North America dairy market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the dairy market in North America, 2023
- Figure 9: Drivers of buyer power in the dairy market in North America, 2023
- Figure 10: Drivers of supplier power in the dairy market in North America, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the dairy market in North America, 2023
- Figure 12: Factors influencing the threat of substitutes in the dairy market in North America, 2023
- Figure 13: Drivers of degree of rivalry in the dairy market in North America, 2023
- Figure 14: North America dairy market share: % share, by value, 2023
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