Industry Analysis & Industry Trends
Since 2009, the Dairy Product Production industry has suffered from volatility in raw milk prices and economic recession in the beginning of the five-year period. Demand from emerging economies worldwide and higher feed prices at dairy farms drove milk prices up. At the same time, the economic downturn soured demand for higher-margin dairy products. Most recently, economic recovery has once again bolstered global demand. In the five years to 2019, the industry is projected to benefit from continued economic recovery and the introduction of higher-margin, value-added products that will address changing consumer tastes... purchase to read more
Industry Report - Starting a New Business Chapter
Companies wishing to enter the Dairy Product Production industry must be able to afford initial capital investments, including acquiring a production facility. Entrants also need to invest in dairy manufacturing equipment and machinery to perform the processing activities. If operators are unable to afford a facility or equipment, they will be unable to operate within the industry.
New entrants must also comply with regulations. Agencies such as the Food and Drug Administration and Milk and Dairy Foods Control Branch provide regulatory barriers through various sanitary, compositional state and federal microbiological prerequisites. Companies unable to comply with regulations will not be allowed to operate and will face negative consequences, such as lawsuits or hefty fines... purchase to read more