Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The US dairy market was driven by the increasing exports of dairy products. The U.S. dairy exports of dairy products like milk powders, butterfat, cheese, whey and lactose increased by 20% in the Q1 of 2020 as compared to 2018 to reach 1.14 million tons. The robust growth in the export of US dairy products was a result of the increasing demand for major US export products like skim milk powder, cheese, lactose, and whey. Thus, decreasing domestic sales of dairy were balanced by the demand from the overseas market. The increase in SMP stock led to an increase in its export to regions like Southeast Asia, China, and Mexico.
The renegotiated trade agreement called USMCA, which will be replacing NAFTA, between the US, Canada and Mexico will provide further impetus for the expansion of trade in the US. Under the new trade deal, US will be allowed 3.6% tariff-free access to the Canadian dairy market, leading to an increase in the export of dairy products like cheese, milk, and others.
Regionally, the California dairy market is recovering after the drought between 2011 and 2017, and heavy rains and flooding in early 2017. The milk production in California saw an increase of over 2% in 2018, as compared to 2017. The Wisconsin dairy market saw an expansion in its milk production despite the drought.
In December 2018, Dairy Farmers of America (DFA) announced its acquisition of Agropur’s St. Paul, Minnesota facility. The acquisition will increase the cooperative’s extended shelf-life capabilities while diversifying its product portfolio. The St. Paul plant manufactures a wide array of dairy products ranging from fresh to extended shelf-life to aseptic dairy products for renowned organic milk brands and grocery store chains.
Market Analysis by Types and Regions:
Key Findings of the Report:
Key Offering of the Report:
Nestlé USA, Inc, Dean Foods Company, Danone S.A., Dairy Farmers of America, Land O'Lakes, Inc., The Kraft Heinz Company, Schreiber Foods Inc., and California Dairies, Inc. are the key players in the US dairy markets that have been analysed in the EMR report. The EMR report provides an in-depth look into the market share and capacities of these major players along with their latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.