Purpose: The objective of this research was to organize and evaluate physical-chemical parameters of the industrial dairy effluent and to propose viable alternative treatments using biotechnological methods, aiming not only to prepare the effluent for disposal but also to generate value-added products Theoretical framework: With the growth of the population, the food industry sector expands exponentially. Brazil ranks among the top five milk producers globally, with the dairy industry being a significant producer of effluent, generating between 1.1 m³ and 6.8 m³ of effluent per cubic meter of processed milk. Dairy wastewater carries a high pollutant load and requires treatment prior to discharge into water bodies. There is an increasing demand for converting waste into raw materials, prompting research into biotechnological treatments that not only prepare effluent for disposal but also yield products from such waste. Method/design/approach: The data on wastewater characteristics were provided by the dairy itself, and the physicochemical aspects of the effluents over 19 months were interpreted, establishing relationships among key parameters, as well as the ratios BOD/COD, BOD: N and COD: N. The survey of biotechnological treatments was conducted through bibliographic research on Google Scholar, Scielo, Web of Science, and Scopus databases. Results and conclusion: Through the analysis and correlations of the physicochemical characteristics of effluents from the Cachoeiro dairy, it is evident that this type of effluent is rich in low biodegradability organic matter, as the BOD5/COD ratio was less than 0.15 in over 79% of the samples, indicating that physical-chemical treatment is the most appropriate approach for this effluent. The linear correlation coefficient between BOD5 and COD was 0.6, suggesting a weak correlation that does not allow one parameter to be accurately predicted from the other. According to the literature, it is possible to derive biofuels, bioplastics, single cell protein, organic acids, polysaccharides, biosurfactants, and other products from dairy effluent, while also meeting environmental requirements Research implications: Evaluation of optimal treatments based on effluent characteristics and suggestion of alternative treatments aiming to utilize wastewater as a raw material for obtaining secondary products complementary to the industry's focus, in addition to compliance with current disposal regulations. Originality/value: Development of relationships to assist in evaluating effluent treatments and identification of treatments that can reuse this substantial volume of generated waste.