Cleveland, OH, October 17, 2017 — US dairy product shipments are forecast to total $122 billion in 2021, according to Dairy Products: United States, a report recently released by Freedonia Focus Reports. Advances will be driven by population growth and increasing disposable personal income levels, which will lead to rising demand for US dairy products in domestic and export markets.
Shipments of yogurt, the fastest growing product segment, will benefit from new product introductions and an ongoing consumer trend toward healthy snacks.
These and other key insights are featured in Dairy Products: United States. This report forecasts US dairy product shipments in nominal US dollars at the manufacturers’ level to 2021. Total shipments are segmented by type in terms of:
- fluid milk & cream
- frozen dairy
- other dairy products such as dry, condensed, and evaporated milk.
To illustrate historical trends, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.
More information about the report is available at https://www.freedoniafocusreports.com/Dairy-Products-United-States-11198479/.