PUBLISHER: MarketLine | PRODUCT CODE: 2094971
PUBLISHER: MarketLine | PRODUCT CODE: 2094971
Global Dairy industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into food & drinks specialists, independent stores, supermarkets, hypermarkets, and others. The scope of others includes e-commerce, discounters, cash & carries, etc.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for a few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global dairy market recorded a value of $689,488.7 million in 2025, representing a compound annual growth rate (CAGR) of 3.2% between 2020 and 2025.
Market consumption volumes declined with a negative CAGR of 0.7% between 2020 and 2025, reaching a total of 204,376.1 million kilograms in 2025.
In 2025, the global dairy market value grew at 3.7% annually, due to rising disposable income. For instance, according to GlobalData, the net disposable income per household in the US increased from $163,661.9 in 2024 to $170,017.3 in 2025, and the population in the US increased from 336.8 million in 2024 to 338.0 million in 2025.