GITNUX MARKETDATA REPORT 2024

Milk Industry Statistics

The milk industry statistics include data on production volumes, consumption trends, market share of different products, and economic impact on the overall agricultural sector.

Statistic 1

"About 10% of the milk produced globally is traded internationally."

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Statistic 2

"India has the largest dairy herd in the world, with over 300 million cows producing milk."

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Statistic 3

"Milk consumption in Canada hit a record high in 2019, reaching 10.2 billion liters."

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Statistic 4

"The use of hormones to increase milk production is banned in the European Union."

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Statistic 5

"The United States is the largest producer of milk in the world, accounting for more than 20% of global production."

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Statistic 6

"The Chinese milk industry has grown by over 50% in the past decade."

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Statistic 7

"On average, a dairy cow in the United States produces about 23,000 pounds of milk annually."

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Statistic 8

"The EU accounted for about 30% of the world's cheese production in 2020."

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Statistic 9

"Dairy alternatives like almond and soy milk have seen a substantial rise in market share, growing by 9% annually."

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Statistic 10

"The global milk production reached approximately 906 million metric tons in 2021."

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Statistic 11

"The average milk price in the European Union was about €35 per 100 kilograms in 2021."

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Statistic 12

"Global milk prices are influenced by factors such as feed costs, weather conditions, and trade policies."

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Statistic 13

"Lactose-free milk sales have grown by 13% annually from 2016 to 2021 in the U.S."

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Statistic 14

"Global per capita milk consumption was about 113 kilograms in 2020."

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Statistic 15

"The average retail price for a gallon of milk in the U.S. was approximately $3.61 in 2021."

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Statistic 16

"About 68% of the world's population is lactose intolerant, affecting milk consumption trends."

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Statistic 17

"The environmental impact of milk production includes the emission of methane, which contributes to greenhouse gases."

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Statistic 18

"In New Zealand, milk contributes around 7% to the country's GDP."

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Statistic 19

"In the UK, the average dairy cow produces around 7,900 liters of milk annually."

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Statistic 20

"Organic milk sales in the United States reached approximately $2.5 billion in 2020."

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