Summary
The NAFTA Dairy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The dairy industry within the NAFTA countries had a total market value of $1,39,122.4 million in 2023.The US was the fastest growing country, with a CAGR of 8.1% over the 2019-23 period.
- Within the dairy industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,03,466.3 million in 2023. This was followed by Canada and Mexico, with a value of $19,662.4 and $15,993.7 million, respectively.
- The US is expected to lead the dairy industry in the NAFTA bloc, with a value of $1,22,808.8 million in 2028, followed by Canada and Mexico with expected values of $22,032.7 and $20,211.1 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA dairy market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA dairy market
- Leading company profiles reveal details of key dairy market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA dairy market with five year forecasts by both value and volume
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA dairy market by value in 2023?
- What will be the size of the NAFTA dairy market in 2028?
- What factors are affecting the strength of competition in the NAFTA dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA dairy market?
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Table of Contents
1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Dairy
2.1. Industry Outlook
3 Dairy in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Dairy in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Dairy in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Groupe Lactalis SA
9.2. Danone SA
9.3. China Mengniu Dairy Co Ltd
9.4. Inner Mongolia Yili Industrial Group Co Ltd
9.5. Nestle SA
9.6. Meiji Holdings Co, Ltd.
9.7. Savencia SA
9.8. Arla Foods amba
9.9. Sodiaal International.
9.10. Royal FrieslandCampina NV
9.11. Bega Cheese Ltd
9.12. Saputo Inc
9.13. Fonterra Co-operative Group Ltd
9.14. Agropur cooperative
9.15. Bright Food (Group) Co Ltd
9.16. Hebei Yangyuan Zhihui Beverage Co Ltd
9.17. Gujarat Cooperative Milk Marketing Federation Ltd
9.18. National Dairy Development Board
9.19. Karnataka Co-operative Milk Producers’ Federation Ltd
9.20. Tamilnadu Co-operative milk producers' Federation Ltd
9.21. Indofood Cbp Sukses Makmur Tbk PT
9.22. PT Ultrajaya Milk Industry & Trading Co Tbk
9.23. Granarolo SpA
9.24. Mondelez International, Inc.
9.25. Yakult Honsha Co., Ltd.
9.26. Megmilk Snow Brand Co Ltd
9.27. Morinaga Milk Industry Co Ltd
9.28. Grupo LALA SAB de CV
9.29. Ganaderos Productores de Leche Pura SAPI de CV
9.30. Sigma Alimentos SA de CV
9.31. Upfield BV
9.32. Westland Kaasspecialiteiten BV
9.33. The Kraft Heinz Co
9.34. Valio Ltd
9.35. TINE SA
9.36. Malaysia Dairy Industries Pte Ltd
9.37. Fraser and Neave Ltd
9.38. Clover SA Pty Ltd
9.39. Blue Diamond Growers
9.40. Seoul Dairy Cooperative
9.41. Binggrae Co Ltd
9.42. Namyang Dairy Products Co Ltd
9.43. Corporacion Alimentaria Penasanta SA
9.44. Corporacion Empresarial de Materiales de Construccion (Coemac) SA
9.45. Emmi AG
9.46. Yasar Holding AS
9.47. Sutas Sut Urunleri AS
9.48. Koc Holding AS
9.49. Arla Foods UK Plc
9.50. Land O'Lakes, Inc.
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries dairy industry, revenue ($m), 2019-28
Table 2: NAFTA countries dairy industry, revenue ($m), 2019-23
Table 3: NAFTA countries dairy industry forecast, revenue ($m), 2023-28
Table 4: Canada dairy market value: $ million, 2018-23
Table 5: Canada dairy market volume: million kilograms, 2018-23
Table 6: Canada dairy market category segmentation: % share, by value, 2018-2023
Table 7: Canada dairy market category segmentation: $ million, 2018-2023
Table 8: Canada dairy market geography segmentation: $ million, 2023
Table 9: Canada dairy market share: % share, by value, 2023
Table 10: Canada dairy market distribution: % share, by value, 2023
Table 11: Canada dairy market value forecast: $ million, 2023-28
Table 12: Canada dairy market volume forecast: million kilograms, 2023-28
Table 13: Canada size of population (million), 2019-23
Table 14: Canada real gdp (constant 2010 prices, $ billion), 2019-23
Table 15: Canada gdp (current prices, $ billion), 2019-23
Table 16: Canada inflation, 2019-23
Table 17: Canada consumer price index (absolute), 2019-23
Table 18: Canada exchange rate, 2018-23
Table 19: Mexico dairy market value: $ million, 2018-23
Table 20: Mexico dairy market volume: million kilograms, 2018-23
Table 21: Mexico dairy market category segmentation: % share, by value, 2018-2023
Table 22: Mexico dairy market category segmentation: $ million, 2018-2023
Table 23: Mexico dairy market geography segmentation: $ million, 2023
Table 24: Mexico dairy market share: % share, by value, 2023
Table 25: Mexico dairy market distribution: % share, by value, 2023
Table 26: Mexico dairy market value forecast: $ million, 2023-28
Table 27: Mexico dairy market volume forecast: million kilograms, 2023-28
Table 28: Mexico size of population (million), 2019-23
Table 29: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
Table 30: Mexico gdp (current prices, $ billion), 2019-23
Table 31: Mexico inflation, 2019-23
Table 32: Mexico consumer price index (absolute), 2019-23
Table 33: Mexico exchange rate, 2018-23
Table 34: United States dairy market value: $ million, 2018-23
Table 35: United States dairy market volume: million kilograms, 2018-23
Table 36: United States dairy market category segmentation: % share, by value, 2018-2023
Table 37: United States dairy market category segmentation: $ million, 2018-2023
Table 38: United States dairy market geography segmentation: $ million, 2023
Table 39: United States dairy market share: % share, by value, 2023
Table 40: United States dairy market distribution: % share, by value, 2023
Table 41: United States dairy market value forecast: $ million, 2023-28
Table 42: United States dairy market volume forecast: million kilograms, 2023-28
Table 43: United States size of population (million), 2019-23
Table 44: United States real gdp (constant 2010 prices, $ billion), 2019-23
Table 45: United States gdp (current prices, $ billion), 2019-23
Table 46: United States inflation, 2019-23
Table 47: United States consumer price index (absolute), 2019-23
Table 48: United States exchange rate, 2018-23
Table 49: Groupe Lactalis SA: key facts
Table 50: Groupe Lactalis SA: Key Employees
Table 51: Danone SA: key facts
Table 52: Danone SA: Annual Financial Ratios
Table 53: Danone SA: Key Employees
Table 54: Danone SA: Key Employees Continued
Table 55: China Mengniu Dairy Co Ltd: key facts
Table 56: China Mengniu Dairy Co Ltd: Annual Financial Ratios
Table 57: China Mengniu Dairy Co Ltd: Key Employees
Table 58: China Mengniu Dairy Co Ltd: Key Employees Continued
Table 59: Inner Mongolia Yili Industrial Group Co Ltd: key facts
Table 60: Inner Mongolia Yili Industrial Group Co Ltd: Annual Financial Ratios
Table 61: Inner Mongolia Yili Industrial Group Co Ltd: Key Employees
Table 62: Nestle SA: key facts
Table 63: Nestle SA: Annual Financial Ratios
Table 64: Nestle SA: Key Employees
Table 65: Nestle SA: Key Employees Continued
Table 66: Meiji Holdings Co, Ltd.: key facts
Table 67: Meiji Holdings Co, Ltd.: Annual Financial Ratios
Table 68: Meiji Holdings Co, Ltd.: Key Employees
Table 69: Savencia SA: key facts
Table 70: Savencia SA: Annual Financial Ratios
Table 71: Savencia SA: Key Employees
Table 72: Arla Foods amba: key facts
Table 73: Arla Foods amba: Key Employees
Table 74: Arla Foods amba: Key Employees Continued
Table 75: Sodiaal International.: key facts
Table 76: Sodiaal International.: Key Employees
Table 77: Sodiaal International.: Key Employees Continued
Table 78: Royal FrieslandCampina NV: key facts
Table 79: Royal FrieslandCampina NV: Key Employees
Table 80: Bega Cheese Ltd: key facts
Table 81: Bega Cheese Ltd: Annual Financial Ratios
Table 82: Bega Cheese Ltd: Key Employees
Table 83: Saputo Inc: key facts
Table 84: Saputo Inc: Annual Financial Ratios
Table 85: Saputo Inc: Key Employees
Table 86: Fonterra Co-operative Group Ltd: key facts
Table 87: Fonterra Co-operative Group Ltd: Annual Financial Ratios
Table 88: Fonterra Co-operative Group Ltd: Key Employees
Table 89: Agropur cooperative: key facts
Table 90: Agropur cooperative: Key Employees
Table 91: Bright Food (Group) Co Ltd: key facts
Table 92: Bright Food (Group) Co Ltd: Key Employees
Table 93: Hebei Yangyuan Zhihui Beverage Co Ltd: key facts
Table 94: Hebei Yangyuan Zhihui Beverage Co Ltd: Annual Financial Ratios
Table 95: Hebei Yangyuan Zhihui Beverage Co Ltd: Key Employees
Table 96: Gujarat Cooperative Milk Marketing Federation Ltd: key facts
Table 97: Gujarat Cooperative Milk Marketing Federation Ltd: Key Employees
Table 98: National Dairy Development Board: key facts
Table 99: Karnataka Co-operative Milk Producers’ Federation Ltd: key facts
Table 100: Karnataka Co-operative Milk Producers’ Federation Ltd: Key Employees
List of Figures
Figure 1: NAFTA countries dairy industry, revenue ($m), 2019-28
Figure 2: NAFTA countries dairy industry, revenue ($m), 2019-23
Figure 3: NAFTA countries dairy industry forecast, revenue ($m), 2023-28
Figure 4: Canada dairy market value: $ million, 2018-23
Figure 5: Canada dairy market volume: million kilograms, 2018-23
Figure 6: Canada dairy market category segmentation: $ million, 2018-2023
Figure 7: Canada dairy market geography segmentation: % share, by value, 2023
Figure 8: Canada dairy market share: % share, by value, 2023
Figure 9: Canada dairy market distribution: % share, by value, 2023
Figure 10: Canada dairy market value forecast: $ million, 2023-28
Figure 11: Canada dairy market volume forecast: million kilograms, 2023-28
Figure 12: Forces driving competition in the dairy market in Canada, 2023
Figure 13: Drivers of buyer power in the dairy market in Canada, 2023
Figure 14: Drivers of supplier power in the dairy market in Canada, 2023
Figure 15: Factors influencing the likelihood of new entrants in the dairy market in Canada, 2023
Figure 16: Factors influencing the threat of substitutes in the dairy market in Canada, 2023
Figure 17: Drivers of degree of rivalry in the dairy market in Canada, 2023
Figure 18: Mexico dairy market value: $ million, 2018-23
Figure 19: Mexico dairy market volume: million kilograms, 2018-23
Figure 20: Mexico dairy market category segmentation: $ million, 2018-2023
Figure 21: Mexico dairy market geography segmentation: % share, by value, 2023
Figure 22: Mexico dairy market share: % share, by value, 2023
Figure 23: Mexico dairy market distribution: % share, by value, 2023
Figure 24: Mexico dairy market value forecast: $ million, 2023-28
Figure 25: Mexico dairy market volume forecast: million kilograms, 2023-28
Figure 26: Forces driving competition in the dairy market in Mexico, 2023
Figure 27: Drivers of buyer power in the dairy market in Mexico, 2023
Figure 28: Drivers of supplier power in the dairy market in Mexico, 2023
Figure 29: Factors influencing the likelihood of new entrants in the dairy market in Mexico, 2023
Figure 30: Factors influencing the threat of substitutes in the dairy market in Mexico, 2023
Figure 31: Drivers of degree of rivalry in the dairy market in Mexico, 2023
Figure 32: United States dairy market value: $ million, 2018-23
Figure 33: United States dairy market volume: million kilograms, 2018-23
Figure 34: United States dairy market category segmentation: $ million, 2018-2023
Figure 35: United States dairy market geography segmentation: % share, by value, 2023
Figure 36: United States dairy market share: % share, by value, 2023
Figure 37: United States dairy market distribution: % share, by value, 2023
Figure 38: United States dairy market value forecast: $ million, 2023-28
Figure 39: United States dairy market volume forecast: million kilograms, 2023-28
Figure 40: Forces driving competition in the dairy market in the United States, 2023
Figure 41: Drivers of buyer power in the dairy market in the United States, 2023
Figure 42: Drivers of supplier power in the dairy market in the United States, 2023
Figure 43: Factors influencing the likelihood of new entrants in the dairy market in the United States, 2023
Figure 44: Factors influencing the threat of substitutes in the dairy market in the United States, 2023
Figure 45: Drivers of degree of rivalry in the dairy market in the United States, 2023
