North America Milk Market 2024

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The milk in North America market is expected to increase by USD 2.8 billion, at a compound annual growth rate (CAGR) of 1.4% from 2024 to 2029, according to the latest edition of the Milk Market in North America Report. The North America milk market is primarily driven by evolving consumer preferences towards organic and plant-based alternatives, reflecting broader trends in health and sustainability. Consumers are increasingly seeking out milk products that align with their health goals and ethical values, leading to a growing market for non-dairy milk options and organic dairy. Additionally, innovations in dairy processing and packaging are enhancing product quality and extending shelf life, which are critical in maintaining consumer interest. The region’s strong emphasis on food safety and regulatory compliance further supports market stability, ensuring continued consumer trust and demand for milk products.

This report presents a detailed overview of the North America milk industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, distribution channel, and country. This detailed analysis supports the identification of growth opportunities within the milk industry.


Market Segmentation


The milk market in North America is structured as follows:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: distribution channel, convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others
Country: USA, Canada

The North America milk market is segmented on the basis of product, distribution channel, and country. By product, the milk market in North America has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Based upon distribution channel, the milk market in North America is categorized into distribution channel, convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others. In terms of geographical distribution, the milk market in North America has been divided into USA, and Canada.


Competitive Landscape


The North America milk market is highly competitive. The key players in the milk market include The Coca-Cola Company, Saputo Inc., Prairie Farms Dairy Inc., Organic Valley Family of Farms, Nestle S.A., Lactalis South Africa (Pty) Ltd., Kenvue Inc., HP Hood LLC, Grupo Lala S.A.B. de C.V. , Dean Foods Co., Danone S.A., Agropur Cooperative.

This report provides a thorough assessment of the North America milk market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.


Why Buy This Report?


Obtain precise statistical data and forecasts for the North America milk market.
Gain deep insights into the dynamics of the North America milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the North America milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewNorth America milk market – product analysis
North America milk market – distribution channel analysis
North America milk market – country analysis
Key players and market share
– The Coca-Cola Company
– Saputo Inc.
– Prairie Farms Dairy, Inc.
– Organic Valley Family of Farms
– Nestle S.A.

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table North America milk market 2019-2029
Chart North America milk market, net growth, 2019-2029
Chart North America milk market, growth rates, 2019-2029
Table North America milk market by product, 2019-2029
Chart North America milk market by product, CAGR historic and forecast, 2019-2029
Chart North America milk market by product, 2019-2029
Table North America milk market by distribution channel, 2019-2029
Chart North America milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart North America milk market by distribution channel, 2019-2029
Table North America milk market by country, 2019-2029
Chart North America milk market by country, CAGR historic and forecast, 2019-2029
Chart North America milk market by country, 2019-2029
Table North America milk market share (%), by companies, 2019-2023
Chart North America milk market, by companies, 2023
Table North America milk market share (%), by brands, 2019-2023
Chart North America milk market, by brands, 2023
Table North America – population (millions) and forecast
Table North America – consumer price index (CPI) and forecast
Table North America – gross domestic product and forecast
Table North America milk market: spend as a proportion of GDP (%)
Table North America milk market: consumption per capita (population)


Product Type

Industry Statistics

Region

North America

Published Date

2024

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