North America Dairy Market Size, Share, and COVID-19 Impact Analysis, By Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt), By Distribution Channels (Off-Trade and On-Trade), and North America Dairy Market Insights, Industry Trend, Forecasts to 2033

North America Dairy Market Insights Forecasts to 2033

• The North America Dairy Market Size Was Valued at USD 134.1 Billion in 2023.
• The North America Dairy Market Size is Growing at a CAGR of 3.79% from 2023 to 2033
• The North America Dairy Market Size is Expected to Reach USD 194.6 Billion by 2033

The North America dairy Market Size is Anticipated to reach USD 194.6 Billion by 2033, Growing at a CAGR of 3.79% from 2023 to 2033. The North American dairy market has been witnessing unprecedented growth owing to increased consumer demand for health and nutritious products, rising interest in plant-based dairy alternatives, advancements in production technology, and the ever-increasing appeal for premium dairy products. Sustainability trends and government subsidies are also supporting growth in the dairy industry.

Market Overview

The North American dairy market includes the industries engaged in the husbandry, processing, distribution, and consumption of dairy products such as milk, cheese, butter, yogurt, and dairy beverages in Canada and the USA. This market includes traditional dairy products arising from cows, goats, and sheep as well as plant-based dairy alternatives to meet changing consumer preferences. Dairy products are known to be an excellent source of protein. Demand for protein-rich dairy foods, such as Greek yogurt, cottage cheese, and cheese, has surged owing to the increasing acceptance of high-protein diets among fitness buffs and bodybuilders, especially in conjunction with certain regimens like the ketogenic or paleo diet. Furthermore, companies prove their operational efficiency by modernizing their facilities with cutting-edge technologies to maximize production efficiency. Dairy farming technologies, such as robotic milking machines, automatic feeding systems, and AI-based cow health monitoring, have played their role in evolving milk production efficiency and reducing operational costs.

Report Coverage

This research report categorizes the market for the North America dairy market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America dairy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North American dairy market.

Driving Factors

Milk, cheese, and yogurt are dairy products that are an excellent source of essential nutrients such as calcium, vitamin D, and protein. With rising consumer interest in healthy eating, dairy is often seen as a cheap and convenient source of these nutrients, particularly for promoting bone health and muscle development. Moreover, yogurt and probiotic drinks such as kefir are gaining popularity among consumers for their health benefits in gut and immunity support. While a section of consumers has become more health-conscious and functional foods like these are contributing to dairy market growth.

Restraining Factors

Milk prices can fluctuate greatly due to factors such as weather, feed prices, and international demand. Such flapping prices make dairy farming unprofitable and more costly for consumers, making dairy products unaffordable and disrupting the market. On the other hand, the proceeded mass proliferation of popular plant-based foods and veganism led consumers toward searching for considerable substitutes for dairy, including products like almond milk, soya milk, and oat milk. Such a demand shift is affecting dairy demand, particularly those younger customers who tend to be more aware of the health implications.

Market Segmentation

The North America dairy market share is classified by type and distribution channel.

• The cheese segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the type, the North America dairy market is segmented into butter, cheese, cream, dairy desserts, milk, sour milk drinks, and yogurt. Among these, the cheese segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is due to cheese forming an integral part of North American food regularly consumed in meals, snacks, and processed foods. It is popular among all age groups making it a massive consumption item even within the household or food service. It's one of the most versatile ingredients and, being so applicable to many forms of cooking, its flexibility regarding type of food increases its need.

• The off-trade segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the distribution channel, the North American dairy market is divided into off-trade and on-trade. Among these, the off-trade segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growth is attributed to the wide availability of dairy products through retailers such as supermarkets, grocery shops, hypermarkets, and online sales channels. These outlets represent the primary source for consumers buying everyday dairy staples for home consumption, including milk, cheese, yogurt, and butter. Products like milk and cheese are most commonly bought and consumed in larger quantities, which are easier formats to do in the retail environment. The appeal of larger pack sizes and family packs in stores helps boost off-trade sales.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America dairy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Danone SA
• Froneri International Limited
• Groupe Lactalis
• The Kraft Heinz Company
• Unilever PLC
• Blue Diamond Growers
• Borden Dairy Company
• Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2025, Sargento has launched a 'Natural American Cheese' made only with five ingredients, which aims to duplicate the characteristics of traditional American cheese without the use of any additives.

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America dairy market based on the below-mentioned segments:

North America Dairy Market, By Type

• Butter
• Cheese
• Cream
• Dairy Desserts
• Milk
• Sour Milk Drinks
• Yogurt

North America Dairy Market, By Distribution Channel

• Off-Trade
• On-Trade