The global market for Milk was estimated at 979.4 Million Tonnes in 2024 and is projected to reach 1.1 Billion Tonnes by 2030, growing at a CAGR of 2.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Milk market.
In recent years, the dairy milk market has faced significant challenges and transformations. The rise of plant-based alternatives and increasing awareness about lactose intolerance have led some consumers to seek non-dairy options. However, dairy milk continues to maintain a strong presence in the market due to its rich nutritional profile and long-standing cultural significance. Innovative advancements in dairy farming and processing have improved milk quality and shelf life, ensuring that consumers continue to receive high-quality products. Additionally, the dairy industry has seen a surge in demand for organic and grass-fed milk, driven by a growing interest in health and sustainability. This trend is reflected in the increasing availability of premium dairy products that emphasize natural and ethical farming practices.
The growth in the dairy milk market is driven by several factors. Technological advancements in dairy farming, such as automated milking systems and improved herd management techniques, have increased milk production efficiency and quality. The rising demand for high-protein and nutrient-dense foods has bolstered dairy milk`s popularity among health-conscious consumers. Furthermore, the expanding use of dairy milk in the food and beverage industry, particularly in products like cheese, yogurt, and butter, has sustained its market relevance. Consumer behavior trends, including the preference for natural and minimally processed foods, have also contributed to the growth of the dairy milk market. As the industry continues to innovate and adapt to changing consumer preferences, dairy milk remains a vital and resilient component of the global food market.
Global Milk Market - Key Trends and Drivers Summarized
Dairy milk, a staple in many households, is a key component in various dietary regimes worldwide due to its high content of essential nutrients such as calcium, vitamin D, and protein. Dairy milk comes in several forms, including whole, skimmed, and flavored varieties, catering to diverse consumer preferences. It serves not only as a beverage but also as a crucial ingredient in numerous culinary recipes, contributing to the texture, flavor, and nutritional value of many dishes.In recent years, the dairy milk market has faced significant challenges and transformations. The rise of plant-based alternatives and increasing awareness about lactose intolerance have led some consumers to seek non-dairy options. However, dairy milk continues to maintain a strong presence in the market due to its rich nutritional profile and long-standing cultural significance. Innovative advancements in dairy farming and processing have improved milk quality and shelf life, ensuring that consumers continue to receive high-quality products. Additionally, the dairy industry has seen a surge in demand for organic and grass-fed milk, driven by a growing interest in health and sustainability. This trend is reflected in the increasing availability of premium dairy products that emphasize natural and ethical farming practices.
The growth in the dairy milk market is driven by several factors. Technological advancements in dairy farming, such as automated milking systems and improved herd management techniques, have increased milk production efficiency and quality. The rising demand for high-protein and nutrient-dense foods has bolstered dairy milk`s popularity among health-conscious consumers. Furthermore, the expanding use of dairy milk in the food and beverage industry, particularly in products like cheese, yogurt, and butter, has sustained its market relevance. Consumer behavior trends, including the preference for natural and minimally processed foods, have also contributed to the growth of the dairy milk market. As the industry continues to innovate and adapt to changing consumer preferences, dairy milk remains a vital and resilient component of the global food market.
SCOPE OF STUDY:
The report analyzes the Milk market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Segment (Milk)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
- Regional Analysis: Gain insights into the U.S. market, valued at 263.7 Million Tonnes in 2024, and China, forecasted to grow at an impressive 3.4% CAGR to reach 210.3 Million Tonnes by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Milk Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Milk Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Milk Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Almarai Company, Arla Foods Amba, Armor Proteines SAS, Dairy Farmers of America, Fonterra Co-operative Group Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 227 companies featured in this Milk market report include:
- Almarai Company
- Arla Foods Amba
- Armor Proteines SAS
- Dairy Farmers of America
- Fonterra Co-operative Group Ltd.
- Foremost Farms USA
- Glanbia PLC
- Groupe Lactalis
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group Co., Ltd.
- HP Hood LLC
- Inner Mongolia Yili Industrial Group Co., Ltd.
- Kerry Group PLC
- Lifeway Foods, Inc.
- MILEI GmbH
- Morinaga Milk Industry Co., Ltd.
- Namyang Dairy Products Co., Ltd.
- Nestle SA
- Saputo, Inc.
- Valio Oy
- Want Want China Holdings Ltd.
- Warrnambool Cheese & Butter Factory Company Holdings Ltd.
- Wimm-Bill-Dann Foods OJSC
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Almarai Company
- Arla Foods Amba
- Armor Proteines SAS
- Dairy Farmers of America
- Fonterra Co-operative Group Ltd.
- Foremost Farms USA
- Glanbia PLC
- Groupe Lactalis
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group Co., Ltd.
- HP Hood LLC
- Inner Mongolia Yili Industrial Group Co., Ltd.
- Kerry Group PLC
- Lifeway Foods, Inc.
- MILEI GmbH
- Morinaga Milk Industry Co., Ltd.
- Namyang Dairy Products Co., Ltd.
- Nestle SA
- Saputo, Inc.
- Valio Oy
- Want Want China Holdings Ltd.
- Warrnambool Cheese & Butter Factory Company Holdings Ltd.
- Wimm-Bill-Dann Foods OJSC
