Wisconsin’s dairy industry contributes $52.8 billion to the state’s economy in 2022. The industry supports 353,900 jobs and is a global leader in agricultural growth and innovation.
Wisconsin’s dairy industry, often referred to as “America’s Dairyland,” continues to be a central pillar of both the state’s economy and its agricultural identity. With a remarkable contribution of $52.8 billion to the state’s economy in 2022, the dairy sector stands as one of the most influential agricultural industries globally. The latest data from the University of Wisconsin-Madison’s Department of Agriculture and Applied Economics emphasizes how the dairy sector drives significant economic activity, both locally and internationally.
The dairy industry in Wisconsin accounts for nearly half of the state’s annual agricultural revenue and has experienced a 16% increase in its economic contribution in recent years. The state’s overall agricultural economic impact rose by 11%, totaling $116.3 billion in 2022. This makes Wisconsin’s dairy industry comparable to global business giants like Nike and American Airlines, which each generate roughly $50 billion annually.
Chad Vincent, CEO of Dairy Farmers of Wisconsin, praised the efforts of the state’s dairy farm families and noted the importance of innovation and quality in maintaining Wisconsin’s global recognition for its dairy products. “Wisconsin continues to lead the way in innovation, quality, and global recognition for its dairy products,” said Vincent.
The dairy industry’s reach is evident in its impact on employment, with over 353,900 jobs tied directly to the sector. Additionally, dairy processing accounts for two-thirds of the sector’s economic contribution, with the number of dairy processing companies in the state growing by nearly 50% between 2001 and 2022. This growth highlights the industry’s resilience and ongoing expansion, particularly in supporting local economies and supply chains across both rural and urban areas.
Looking ahead, Wisconsin’s dairy industry remains focused on innovation and expanding its global footprint. Despite challenges such as fluctuating milk prices and disruptions caused by the pandemic, the sector’s commitment to infrastructure investment and export expansion ensures that it will continue to be a driving force in Wisconsin’s economy.
In conclusion, Wisconsin’s dairy industry is not just a symbol of the state’s heritage but a $52.8 billion powerhouse, driving economic stability, job creation, and global recognition. With continued investments in innovation and infrastructure, Wisconsin’s dairy sector is poised to maintain its leadership in the agricultural economy for years to come.