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Dairy Product Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Dairy Product Production Market Research Report | NAICS 31151 | Apr 2015

A little spoiled: Competition from abroad and changing consumer tastes may threaten growth

The Dairy Product Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$114bn
Annual Growth 10-15
3.2%
Annual Growth 15-20
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Profit
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Employment
115,054
Businesses
726
Industry Analysis & Industry Trends

The Dairy Product Production industry has benefited from the increasing popularity of yogurt and cheese products in the United States and abroad, which has offset declining fluid milk consumption. In the next five years, rising household disposable income stemming from the economic recovery is expected to boost industry demand and revenue. Additionally, producers will continue to introduce innovative products that cater to changing consumer tastes. However, rising feed costs will increase the price of milk, hampering profit expansion... 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

 


Industry ProductsRelated ReportsTable of Contents

What is the Dairy Product Production Industry?

Operators in this industry mainly manufacture dairy products such as pasteurized milk, cream, butter, yogurt, cheese and dry, condensed and evaporated milk. The industry also manufactures substitute dairy products made from soybeans and other nondairy ingredients. Producers of dairy products such as ice cream and frozen yogurt are excluded from this industry (IBISWorld report 31152).

Industry Products
CheeseFluid milk and milk-based productsDry, condensed and evaporated milk productsCreamery butter
 
Industry Activities
Producing fluid milk productsProducing cheeseProducing dry, condensed and evaporated milkProducing creamery butterProducing yogurt


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