Blog - Dairy Products

The U.S. Milk Production Rises on Strong Domestic and Export Demand for Processed Dairy Products

Jun 25, 2021

USDA forecasts that milk production in the U.S. will rise by 2.1% in 2021 thanks to gains in yield per cow as well as a slight increase in the number of milk cows. The average yearly price received by farmers for cow milk in 2021 is predicted to grow by 3.9% y-o-y amidst a rally in prices for animal feed. Rising consumer demand for cheese and butter continues to drive the market on the backdrop of lower demand for beverage milk. Demand in Asia for imported dairy products features as another factor boosting milk processing in the U.S.

Rapid Urbanization and Westernization of Diets in Asia Propel the Cheese Market

Jun 14, 2021

895

Despite consumption of cheese in Asia remains lower than in Europe and the U.S., the westernization of food habits of the Asian population leads to an increase in demand, especially from young more exposed to fast-foods. The boosting online sales channel, as well as an early shift from the lockdown in China, offset the negative impact of the Covid crisis on HoReCa and retail.

American Ice Cream Market Hits Record Highs Despite the Pandemic

Jun 4, 2021

1660

In 2020, despite the pandemic, the total ice cream consumption in the U.S. increased by 4.3% to 3.8M tons, rising for the second year in a row. Lockdown waves affected the sales channels, as people started to purchase ice cream more often in hypermarkets than in cafes. This also led to a shift in packaging from bulk HoReCa containers to family and single packs suitable for different scenarios of home eating.

Global Cheese Market Hit Record Highs But Is to Lose Momentum Against the Pandemic

Sep 10, 2020

715

In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of...

Asia's Milk Production Is Expected to Increase by 2% in 2020

Jul 7, 2020

1067

After four years of growth, the Asian whole fresh milk market decreased by -2.1% to $309.6B in 2019. The market value...

EU Buttermilk and Buttermilk Powder Market - Germany, Belgium, and France are the Biggest Suppliers

May 19, 2020

1175

The shipments of the three major exporters of buttermilk and buttermilk powder, namely Germany, Belgium and France, represented more than half of total export.

Cheese and Curd Market in the Middle East - Saudi Arabia Continues to Be the Largest and Fastest Growing Market

Apr 2, 2020

942

Saudi Arabia was the key importer of cheese and curd imported in the Middle East, with the volume of imports resulting at 172K tons, which was near 34% of total imports in 2018.

Sweetened Condensed and Evaporated Milk Market in the EU Remains Robust

Jan 30, 2020

975

The revenue of the market for condensed or evaporated milk (sweetened) in the European Union amounted to $705M in 2018, rising by 2.2% against the previous year. Market value continues to increase for the third consecutive year.

European Fresh Cheese Market - Italy's Output Doubled Over the Last Five Years

Oct 3, 2019

762

The countries with the highest volumes of fresh cheese production in 2018 were Germany (928K tons), Italy (927K tons) and France (688K tons), with a combined 58% share of total production.

EU's Casein and Caseinates Market - Ireland Emerges as the Largest Exporter

Sep 20, 2019

897

Ireland represented the key exporter of casein and caseinates in the European Union, with the volume of exports amounting to 48K tons, which was near 49% of total exports in 2018.

Global Whole Fresh Milk Market 2019 - Output is Driven by Increasing Demand in India, Turkey, the EU, and the U.S.

Sep 10, 2019

1129

The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.

Powdered Milk Market in Latin America and the Caribbean - Brazil Emerges as the Largest Producer

Sep 3, 2019

843

Brazil (683K tons) remains the largest powdered milk producing country in Latin America and the Caribbean...