In 2023, the consumption of dry nonfat milk in the U.S. stood at 2.47 pounds. Forecasted data suggests a continuous decline through 2028, with values at 2.42 pounds in 2024, decreasing to 2.23 pounds by 2028. Year-on-year percentage variations show a decline of approximately -2.07% from 2024 to 2025, -1.69% from 2025 to 2026, -2.15% from 2026 to 2027, and -2.19% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period reflects an average yearly decrease of -2.00%.
Future trends to watch for include the potential impacts of changing dietary preferences, increased competition from plant-based alternatives, and potential innovations in dairy product offerings that could influence consumer demand for dry nonfat milk.
