Revenue in the milk segment of the food market Worldwide 2019-2029

The global revenue in the 'Milk' segment of the food market was forecast to continuously increase between 2024 and 2029 by in total 135.9 billion U.S. dollars (+38.5 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 488.84 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Milk' segment of the food market was continuously increasing over the past years.

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Revenue in the milk segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Milk is defined as a protein- and fat-rich opaque white or creamy-colored fluid. This combination of nutrients can also be milked from other animals such as sheep and goats, but from an economic perspective, cow's milk remains the world's most important dairy product.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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