Dairy Ingredients, Lactose, Market Insights, Whey, Cheese, Supply, Exports, Nonfat Dry Milk/Skim Milk Powder, Milk Powder, Export Data, Global, MPC, Dairy Production, Volume
U.S. dairy exports’ strong performance continued in the first half of 2022, following the record-breaking volume and value growth last year. Exports year-to-date are up 27% in value and 2% in volume compared to the same period last year, buoyed by a healing supply chain. In fact, the United States was the only major dairy exporter to see solid growth in exports over the past 12 months (July 2021-June 2022), reinforcing its advantages as the international supplier of choice for dairy products and ingredients.
Market Insights, Cheese, Nonfat Dry Milk/Skim Milk Powder, Global Supply, Export Data, Global, Global Dairy Market, Whey Protein, Global Demand, Dairy Trade, Dairy Production
2015 was a challenging year for both global dairy markets and U.S. dairy exports. Over the medium-term horizon, however, USDEC analysts project that rising global dairy demand will pressure available milk supplies, accelerating export growth momentum for U.S. dairy suppliers through 2020 and beyond.