Lactose Market in the United States
In value terms, lactose production contracted slightly to $ in . Overall, production saw noticeable growth. The most prominent rate of growth was recorded in 2010 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production failed to regain momentum.
The revenue of the lactose market in the United States dropped to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a resilient increase. Over the period under review, the market attained the peak level at $ in , and then contracted in the following year.