Dairy Market Report: 2024 Recap & 2025 Forecast
Analyse the notable shifts and trends in the confectionary market during the whole of 2024 with our EOY report. This report delves into key products such as liquids, powders, and cheeses.
Utilising Vesper's detailed data, we identify significant market movements and emerging trends that have impacted the dairy sector in 2024. The report concludes with a concise outlook for the the next year, offering essential insights for strategic planning.
What to expect from the report
The dairy market faced substantial challenges in 2024, marked by tight supply conditions and strong demand. This report analyzes key developments:
- Butter & Cream: Record-breaking price levels with cream exceeding €10,000/mt and butter surpassing €8,000/mt
- Production Impact: 3.25% decline in butter output as processors prioritized cream sales
- Protein Markets: Significant shifts in global trade patterns for SMP and specialty proteins
- Cheese Performance: Moderate price behavior despite 0.83% production growth
- Regional Analysis: Detailed assessment of Western European production challenges
- And more…
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Kristian Kabel
- Head of Sales at
- Lactoprot Germany
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Yue Li
- Market Intelligence Manager at
- Danone
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Dale Mills Jr.
- Vice President of Sales at
- Dairy Farmers of America
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Huey van Vliet
- Sales Manager at
- Fonterra Europe
Because dairy prices fluctuate, understanding the data and making smart decisions has become tricky. By providing transparent data, Vesper helps me improve my negotiation skills and increase our company’s margins.
Kiruba Tinakararajan
- Business Development Manager at
- Uno Nutrition
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Huey van Vliet
- Sales Manager at
- Fonterra Europe
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Ricardo Arellano
- Risk Manager at
- Oleofinos
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Dale Mills
- Jr. VP of Sales at
- DFA
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Ewald Bontje
- Owner at
- Grozette
What is Vesper?
Vesper, vespertool.com, is a commodity intelligence platform that transforms difficult-to-understand data into easy-to-digest intelligence and actionable insights, enabling users to back their decisions with facts. The insights provided by our market analysts in this report are backed-up by Vesper’s real-time and difficult to find data.
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