GITNUX MARKETDATA REPORT 2024

Must-Know Dairy Industry Statistics [Latest Report]

With sources from: grandviewresearch.com, fas.usda.gov, fao.org, statista.com and many more

Interestingly, the latest figures suggest that the global dairy market was valued at approximately $720 billion USD in 2019. According to our research from the Market Data Report, the dairy industry spans diverse trends, from the rise of plant-based alternatives to the significant contributions of l

Statistic 1

"The average annual consumption of milk per capita in the United States is approximately 18 gallons."

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Statistic 2

"Europe is the leading exporter of dairy products, accounting for 32% of global dairy exports in 2020."

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Statistic 3

"The demand for plant-based milk alternatives is growing by about 10% annually, impacting traditional dairy sales."

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Statistic 4

"The cheese segment accounts for over 30% of the global dairy market revenue."

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Statistic 5

"The average price of a gallon of milk in the United States was $3.54 in 2021."

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Statistic 6

"The lactose-free dairy market is expected to reach $19.8 billion by 2025."

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Statistic 7

"New Zealand exports 95% of its dairy production, with the dairy industry accounting for about 7% of its GDP."

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Statistic 8

"In 2020, India produced about 192 million metric tons of milk, making it the highest milk-producing country in the world."

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Statistic 9

"In the European Union, the average dairy cow produces around 7,000 liters of milk annually."

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Statistic 10

"The United States is the largest producer of cow’s milk, contributing over 16% of global milk production in 2020."

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Statistic 11

"The global dairy market was valued at approximately $720 billion USD in 2019."

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Statistic 12

"The global demand for dairy products is predicted to grow at a compound annual growth rate (CAGR) of 5% from 2021 to 2028."

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Statistic 13

"Dairy farming contributes to approximately 1.5% of global greenhouse gas emissions."

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Statistic 14

"Russian dairy consumption per capita is about 250 liters annually, one of the highest in the world."

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Statistic 15

"China is the world's largest importer of dairy products, importing the equivalent of $12 billion USD worth of dairy products in 2020."

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Statistic 16

"In 2019, global butter production was approximately 10.3 million metric tons."

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Statistic 17

"Organic dairy products hold a market share of about 5% in the overall dairy industry."

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Statistic 18

"Goat milk only represents about 2% of the world's total milk production."

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Statistic 19

"In 2021, the global market for dairy packaging was valued at around $21 billion USD and is projected to grow at a 4.5% CAGR through 2026."

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Statistic 20

"Australia produces roughly 9 billion liters of milk annually, contributing 6% to the world’s dairy trade."

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Interpretation

The dairy industry showcases a dynamic landscape with intriguing trends and significant figures. Notably, Europe dominates global dairy exports, while the rise of plant-based alternatives challenges traditional dairy sales, with lactose-free products set for exponential growth. Surprisingly, India emerges as the world's top milk producer, contrasting with Russia's high per capita dairy consumption. The environmental impact is evident, as dairy farming contributes to greenhouse gas emissions. Add

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