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

IBISWorld’s Dairy Product Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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 - Industry Analysis Chapter

The Dairy Product Production industry sells a range of dairy products, including fluid milk, cheese, yogurt, butter and coffee creamers, to wholesalers, retailers and food-service establishments. Since the common input of all these products is raw milk, the commodity's price largely influences industry revenue. When raw milk prices increase, industry players are typically able to pass on the costs to consumers in the form of higher prices, enabling industry revenue to grow. However, significant fluctuations in raw milk prices can lead to volatility in revenue. Over the past five years the price of milk has grown as consumer spending has increased, pushing up demand for higher-priced groceries such as dairy products... 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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