Extra cheese: Growth will remain strong due to increasing income and cheese consumption

The Cheese Production industry has experienced mild growth in recent years, as a result of increasing per capita dairy consumption. In addition, rising per capita disposable income has led consumers to eat more meals out of the home, increasing demand for industry products from restaurants and food service establishments, the industry's largest downstream market. Overall industry growth is projected to stay in line with current trends over the five years to 2023. The industry will face some conflicting factors, but is expected to accelerate, with industry revenue increasing an annualized 0.8% to reach $50.8 billion by 2023...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Industry growth is projected to stay strong as per capita cheese consumption grows
  • Despite a strong dollar, US cheese imports have remained mostly flat
  • The decline in dairy consumption is expected to be caused by an increase in the price of milk
  • Industry Report - Industry Key Buyers Chapter

    The cheese production industry exhibits low market share concentration, with the top four players accounting for less than 25.0% of revenue in 2018. The industry is characteristically fragmented, with many independent enterprises located throughout the country. There are also some enterprises that operate as dairy farm cooperatives, allowing farms to organize and streamline cheese production at a state or regional level. The rise of artisanal, organic and gourmet products in the past five years has encouraged further fragmentation, as small, independent enterprises and niche producers are increasingly experiencing healthy demand from an expanding American cheese palate...purchase to read more.

    Additional Insights for the Cheese Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cheese Production Industry are

  • Guaranteed supply of key inputs
  • Marketing of differentiated products
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from supermarkets and grocery stores and Demand from food services and drinking places in the Cheese Production industry impact industry performance..

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    What's in this report

    What is the Cheese Production Industry?

    This industry manufactures cheese products from raw milk and processed milk products.

    Industry Products
  • American cheeses
  • Italian cheeses
  • Other cheeses
  • Industry Activities
  • Cheese
  • Cheese product
  • Nondairy cheese
  • Cheese dip
  • Cheese spreads
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from supermarkets and grocery stores
  • Demand from food services and drinking places
  • Demand from dairy wholesaling
  • Price of milk
  • Per capita dairy consumption

  • Current Performance
  • Trade conditions
  • Surplus cheese
  • Industry participation and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Domestic consumption to decline
  • Trade
  • New opportunities
  • Table: Cheese Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cheese Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Dairy Wholesaling
  • Supermarkets & Grocery Stores
  • Accommodation and Food Services
  • Consumers

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Dairy Farms
  • Plastic Film, Sheet & Bag Manufacturing

  • Products & Services
  • Italian cheeses
  • American cheeses
  • Other cheeses
  • Chart: Cheese Production Industry Products and Services Segmentation

  • Demand Determinants
  • Price
  • Health trends
  • Consumer preference

  • Major Markets
  • Food services and restaurants
  • Retail
  • Wholesale
  • Processing
  • Other sales
  • Exports
  • Chart: Major Market Segmentation for the Cheese Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Cheese Production

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cheese Production Industry

  • Industry Globalization
    Kraft Heinz Co.,
  • Table: Kraft Heinz Co. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Cheese Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cheese Production Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Per capita dairy consumption (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A dairy product obtained by curdling (coagulating) milk with rennet or an edible acidic substance such as lemon juice or vinegar
  • Neufchatel
  • A soft, slightly crumbly, mold-ripened cheese that originated in the French region of Normandy
  • Pasteurized
  • Foods, usually liquids, that have been sterilized by heating them to a certain point and maintaining them at that heat before letting them cool
  • What Our Customers Say

    Why buy this report?

    The Cheese Production industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cheese Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cheese Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cheese Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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