As of 2023, the US milk production was approximately 103.5 million metric tons. The forecasted data for 2024-2028 shows a steady increase in production, reaching 108.37 million metric tons by 2028. The year-on-year growth from 2024 to 2025 is about 0.98%, with similar growth rates observed in the subsequent years. Over the five-year period, the compound annual growth rate (CAGR) is around 0.94%.
Future trends to watch for in the US milk production include:
- Advancements in dairy technology improving yield.
- Impact of environmental policies on farming practices.
- Fluctuations in consumer demand for plant-based milk alternatives.
- Economic factors influencing production costs.