In 2023, the US imported whey weighing approximately 15.785 million kilograms. Based on the forecasted data, the imports are set to gradually increase, reaching 16.108 million kilograms by 2028. The year-on-year percentage change signals modest growth throughout the period: approximately 0.42% increase from 2024 to 2025, 0.41% from 2025 to 2026, 0.39% from 2026 to 2027, and 0.39% from 2027 to 2028. The compound annual growth rate (CAGR) over five years is projected to be steady, around 0.4% per year.
Future trends to watch for include:
- Global dairy industry fluctuations affecting whey supply and pricing.
- US demand for protein-rich products driving imports.
- Potential trade and regulatory developments impacting international dairy trade.
- Innovation in whey-based products possibly increasing consumer demand.