Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Global dairy industry - statistics & facts

The first evidence of dairy consumption dates back over six thousand years, and today dairy products are enjoyed all over the world. Over the past couple millennia there has been an incredible amount of creativity and innovation when it comes to processing, fermenting, and consuming dairy products. In 2019, the value of the dairy market worldwide was estimated to be about 720 billion U.S. dollars, which is projected to grow to 1,032 billion dollars by 2024.

Milk market outlook

In terms of production, the vast majority of dairy products are made with cow’s milk. India tops the list with the most number of milk cows of any country, at 56.5 million cows, while the leading producer of cow milk in the world is Europe, followed by the United States and India. Although East Asian countries do not have a long history of milk consumption, in recent years China has more than tripled its domestic milk production volume since 2000.

International trade

One of the many consequences of globalization is that dairy products are now consumed all across the world, and every year massive quantities of milk and cheese and other dairy products are traded between countries. In 2020, over 55.75 billion U.S. dollars worth of dairy products were exported, a significant increase from about 39 billion dollars in 2015. The European Union, with countries like France, Ireland, and Germany which are renowned for their cheese and butter, controls a 38 percent share of the global dairy product export market, the largest of any world region. Germany alone exports about 4.6 billion dollars worth of cheese in a year.

Top global dairy producers

As charming as they were, the days of small family owned dairy farms are long gone, and now enormous corporations such as Dairy Farmers of America and Fonterra control significant shares of the global dairy market. Nestlé Group, one of the largest food and drink companies in the world, earned about 11 billion Swiss francs from milk product sales in 2020, making dairy the third largest product category for the multinational giant.

Key figures

The most important key figures provide you with a compact summary of the topic of "Dairy industry" and take you straight to the corresponding statistics.

Dairy production

International trade

Interesting statistics

In the following 4 chapters, you will quickly find the 30 most important statistics relating to "Dairy industry".

Global dairy industry

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Global dairy industry - statistics & facts

The first evidence of dairy consumption dates back over six thousand years, and today dairy products are enjoyed all over the world. Over the past couple millennia there has been an incredible amount of creativity and innovation when it comes to processing, fermenting, and consuming dairy products. In 2019, the value of the dairy market worldwide was estimated to be about 720 billion U.S. dollars, which is projected to grow to 1,032 billion dollars by 2024.

Milk market outlook

In terms of production, the vast majority of dairy products are made with cow’s milk. India tops the list with the most number of milk cows of any country, at 56.5 million cows, while the leading producer of cow milk in the world is Europe, followed by the United States and India. Although East Asian countries do not have a long history of milk consumption, in recent years China has more than tripled its domestic milk production volume since 2000.

International trade

One of the many consequences of globalization is that dairy products are now consumed all across the world, and every year massive quantities of milk and cheese and other dairy products are traded between countries. In 2020, over 55.75 billion U.S. dollars worth of dairy products were exported, a significant increase from about 39 billion dollars in 2015. The European Union, with countries like France, Ireland, and Germany which are renowned for their cheese and butter, controls a 38 percent share of the global dairy product export market, the largest of any world region. Germany alone exports about 4.6 billion dollars worth of cheese in a year.

Top global dairy producers

As charming as they were, the days of small family owned dairy farms are long gone, and now enormous corporations such as Dairy Farmers of America and Fonterra control significant shares of the global dairy market. Nestlé Group, one of the largest food and drink companies in the world, earned about 11 billion Swiss francs from milk product sales in 2020, making dairy the third largest product category for the multinational giant.

Interesting statistics

In the following 4 chapters, you will quickly find the 30 most important statistics relating to "Dairy industry".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Hadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)