United States (US) Dairy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Dairy in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). 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 2022 exchange rates.
- The US Dairy market had total revenues of $99,587.0 million in 2022, representing a compound annual growth rate (CAGR) of 6.4% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.4% between 2017 and 2022, to reach a total of 23,998.6 million kilograms in 2022.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.1% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $116,273.1million by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in the United States
- 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 United States dairy market with five year forecasts
- What was the size of the United States dairy market by value in 2022?
- What will be the size of the United States dairy market in 2027?
- What factors are affecting the strength of competition in the United States dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States' 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. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the US dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
- 7.4. Which companies market shares have suffered over the same period?
- 7.5. What are the most popular brands in the US dairy market?
- 7.6. What have been the most significant M&A deals in the US dairy market over the last five years?
- 8 Company Profiles
- 8.1. The Kraft Heinz Co
- 8.2. Danone SA
- 8.3. Chobani LLC
- 8.4. Land O'Lakes, Inc.
- 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: United States dairy market value: $ million, 2017-22
- Table 2: United States dairy market volume: million units, 2017-22
- Table 3: United States dairy market category segmentation: % share, by value, 2017-2022
- Table 4: United States dairy market category segmentation: $ million, 2017-2022
- Table 5: United States dairy market geography segmentation: $ million, 2022
- Table 6: United States dairy market distribution: % share, by value, 2022
- Table 7: United States dairy market value forecast: $ million, 2022-27
- Table 8: United States dairy market volume forecast: million units, 2022-27
- Table 9: United States dairy market share: % share, by value, 2022
- Table 10: The Kraft Heinz Co: key facts
- Table 11: The Kraft Heinz Co: Annual Financial Ratios
- Table 12: The Kraft Heinz Co: Key Employees
- Table 13: The Kraft Heinz Co: Key Employees Continued
- Table 14: Danone SA: key facts
- Table 15: Danone SA: Annual Financial Ratios
- Table 16: Danone SA: Key Employees
- Table 17: Danone SA: Key Employees Continued
- Table 18: Chobani LLC: key facts
- Table 19: Chobani LLC: Key Employees
- Table 20: Land O'Lakes, Inc.: key facts
- Table 21: Land O'Lakes, Inc.: Key Employees
- Table 22: Land O'Lakes, Inc.: Key Employees Continued
- Table 23: United States size of population (million), 2018-22
- Table 24: United States gdp (constant 2005 prices, $ billion), 2018-22
- Table 25: United States gdp (current prices, $ billion), 2018-22
- Table 26: United States inflation, 2018-22
- Table 27: United States consumer price index (absolute), 2018-22
- Table 28: United States exchange rate, 2018-22
- List of Figures
- Figure 1: United States dairy market value: $ million, 2017-22
- Figure 2: United States dairy market volume: million units, 2017-22
- Figure 3: United States dairy market category segmentation: $ million, 2017-2022
- Figure 4: United States dairy market geography segmentation: % share, by value, 2022
- Figure 5: United States dairy market distribution: % share, by value, 2022
- Figure 6: United States dairy market value forecast: $ million, 2022-27
- Figure 7: United States dairy market volume forecast: million units, 2022-27
- Figure 8: Forces driving competition in the dairy market in the United States, 2022
- Figure 9: Drivers of buyer power in the dairy market in the United States, 2022
- Figure 10: Drivers of supplier power in the dairy market in the United States, 2022
- Figure 11: Drivers of degree of rivalry in the dairy market in the United States, 2022
- Figure 12: United States dairy market share: % share, by value, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook