The forecast for the import of unsweetened milk and cream powder to the US shows a steady upward trend from 2024 to 2028, indicating a gradual increase in market value over this period. In 2023, the import value was slightly lower than the projected 2024 figure, suggesting a continual rise from the previous year. The year-on-year percentage increase remains consistent, highlighting robust demand in the market. Over the five-year horizon, the compound annual growth rate (CAGR) reflects moderate but stable expansion.
Future trends to watch for include the impact of global trade dynamics, potential shifts in consumer preferences towards plant-based alternatives, and changes in international regulatory standards, which could influence import volumes and market value.
