Industry Analysis & Industry Trends
Over the past five years, per capita dairy consumption remained strong, keeping demand high for Dairy Wholesaling operators. Overall, the industry rebounded from recessionary lows and revenue grew over the five-year period. Moving forward, the industry is expected to continue growing over the next five years. The improving economic climate and rising levels of per capita disposable income is expected to drive demand for industry products. However, despite improving conditions, wholesale bypass will continue to offset some earnings from traditional merchant wholesalers as manufacturers' sales branches and offices (MSBOs) increase in scope and market share... purchase to read more
Industry Report - Industry Products Chapter
Raw milk and cream
Products in this segment account for the majority of industry revenue. Raw milk wholesalers transfer raw milk from dairy farmers to dairy processors. The major dairy cooperatives tend to use their members' milk for further processing, however, the smaller dairy farmers do not process their own dairy and often supply raw milk to a variety of different wholesalers who will then pass the milk onto processors. As per capita milk consumption has struggled in the past five years, this segments share of industry revenue has slightly decreased.
Cheese is expected to account for about 21.0% of industry revenue... purchase to read more