In 2023, lower-fat and skim milk consumption in the US stood at 80 pounds. The forecast data from 2024 to 2028 shows a decline, with consumption decreasing from 77.46 pounds in 2024 to 67.74 pounds in 2028. Year-on-year percentage variations show a consistent negative trend: -3.2% (2024 to 2025), -3.27% (2025 to 2026), -3.32% (2026 to 2027), and -3.37% (2027 to 2028). The compound annual growth rate (CAGR) over five years indicates an annual average decline of 3.26%.

Future trends to monitor include:

Increasing consumer preference for plant-based milk alternatives.
Heightened health awareness influencing dairy consumption.
Potential innovations in dairy production to cater to health-conscious consumers.
Marketing strategies from dairy producers aimed at reversing declining milk sales.