Forecast: Import of Fermented Milk to the US

In 2023, the import value of fermented milk into the US stood at an estimated level, serving as a baseline for the forecasted increase throughout 2024 to 2028. From 2024 to 2028, the import value of fermented milk is projected to rise steadily. The year-on-year percentage changes indicate consistent growth, with the value increasing annually by approximately 3.5% to 3.8%.

Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to average around 3.7%. This upward trend suggests that the demand for fermented milk in the US is robust, potentially driven by increased consumer interest in health and wellness.

Future trends to watch for include:

  • Potential changes in consumer preferences towards plant-based or other dairy alternatives.
  • Impact of international trade policies on dairy imports.
  • Advancements in storage and transportation technologies that might influence import dynamics.

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