Strong growth ahead for global dairy products market
$546.8 billion
That’s the number the global market for dairy products is projected to reach by 2022. Growth will be driven by the rising importance of milk products in a balanced diet and nutrition, a growing body of scientific evidence validating the beneficial use of low-fat dairy products in controlling hypertension, and robust ingredient and flavor innovations for dairy products.
Source: Global Industry Analysts Inc., “Dairy Products — Global Strategic Business Report,” 2017.
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50%
Half of skim milk and milk-alternative drinkers say nutritional value is the most important factor in the foods they purchase. Meanwhile, 66% percent of whole milk drinkers say they eat what they want regardless of calories.
Source: Packaged Facts, 2017 white paper titled “Terminology Tempest in the Dairy Case.”
26%
Only about a quarter of U.S. consumers say they trust organic food labels. Even fewer — only 13% — agree that organic food and beverages are “highly regulated.”
Source: Mintel, “The Natural/Organic Food Shopper US 2017” report.
U.S. cheese production share, top eight states
Wisconsin and California account for almost half of total U.S. cheese production, with a combined 47.3% share.*
*2016 total U.S. production, 12.16 billion pounds
Source: Wisconsin Milk Marketing Board