In 2023, the US exported 826.0 thousand metric tons of nonfat dry milk. The forecast from 2024 to 2028 shows a steady year-on-year increase in export volumes, beginning with 834.0 thousand metric tons in 2024 and reaching 865.0 thousand metric tons by 2028. The Compound Annual Growth Rate (CAGR) over this period is moderate, reflecting a stable upward trend in exports as the market gradually expands.
Future trends to watch for:
- Global demand shifts due to dietary trends and lactose intolerance awareness.
- Trade policy changes impacting export routes or tariffs.
- Production efficiency improvements within the US dairy sector.
