Navigation Links
Dairy Product Production in the US Industry Market Research Report from IBISWorld Has Been Updated

Los Angeles, CA (PRWEB) November 28, 2013

Over the past five years, 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 addition, dairy producers have largely been able to pass along raw milk costs to consumers, which increased in the five years to 2013. While demand for some industry products increased over the past five years, an exception to this trend occurred in 2009, when industry revenue experienced a drop. This decline was due to an overall reduction in consumer spending, as a result of the recession, falling raw milk prices and a decrease in global demand. Overall, industry revenue is expected to grow over the five years to 2013.

According to IBISWorld Industry Analyst Antal Neville, “The Dairy Product Production industry has a low level of market share concentration.” A diverse range of private and public companies, dairy cooperatives and multinational food corporations undertake dairy production. Also, the industry produces a wide array of products, such as milk, cheese and yogurt, thus making overall industry revenue relatively large compared with other food industries. Dairy producers may focus their operations on one particular commodity, such as cheese or butter, or diversify their activities to make a range of dairy products. For example, Kraft focuses its dairy production on cheese.

Dairy product wholesalers and retailers have consolidated during the past five years in an effort to compete more effectively for national supply contracts from dairy producers, which cut costs related to purchasing dairy products. Increased concentration in downstream markets required producers to supply vendors on a national scale, and maintaining competitive prices became important for securing national sales contracts. However, rising feed costs caused raw milk input costs to surge, forcing producers to raise prices. Buyers are willing to pay higher prices to a certain extent therefore, to achieve lower per-unit costs and function on a national scale, many dairy producers have merged. Consequently, the number of enterprises is expected to fall in the five years to 2013.

Over the next five years, “rising household disposable income stemming from the economic recovery is expected to boost dairy product demand and industry revenue,” says Neville. Additionally, continuing the trend over recent years, producers are anticipated to introduce innovative products that cater to changing consumer tastes. Nevertheless, rising feed costs will increase the price of milk, hampering profit expansion, while competition from overseas dairy producers will temper revenue growth. Overall, the industry is forecast to grow moderately in the five years to 2018.

For more information, visit IBISWorld’s Dairy Product Production in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld
Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

Operators in the Dairy Product Production 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 Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Too Much Dairy, Carbs Might Harm Mens Sperm
2. A blend of soy and dairy proteins promotes muscle protein synthesis when consumed after exercise
3. High-Fat Dairy Foods Linked to Worse Survival After Breast Cancer
4. ChocoFree Introduces Sugar and Dairy-Free Metabolism Assisting Chocolate
5. Beverage Packaging Market (Alcoholic and Non Alcoholic Beverages Packaging, Dairy Beverages Packaging) Worth $125.7 Billion by 2018 - New Report by MarketsandMarkets
6. Researchers find evidence of banned antibiotics in poultry products
7. Pig stomach mucins are effective as anti-viral agents for consumer products
8. Moffitt researchers find adolescents with cancer concerned about their future reproductive health
9. Probiotic Products May Prevent Antibiotic-Linked Diarrhea
10. Email Vacations Boost Job Productivity, Lower Stress: Study
11. Productivity gains from health IT must await bigger health system changes
Post Your Comments:
(Date:11/27/2015)... ... , ... There is only one major question facing all law firms in ... question has not been an easy question to answer. Especially when the senior partners ... workforce don’t share the same discipline around working long hours. , In addition ...
(Date:11/27/2015)... ... November 27, 2015 , ... According to an ... the University of Toronto and the University of British Columbia suggested that laws requiring ... injuries. The article explains that part of the reason for the controversial conclusion is ...
(Date:11/27/2015)... ... 27, 2015 , ... The rapid speed at which Americans ... more care is needed, especially with Alzheimer’s, dementia and other cognitive conditions becoming ... The forgotten part of this equation: 80 percent of medical care occurs in ...
(Date:11/27/2015)... , ... November 27, 2015 , ... ... safe and convenient way to dispense prescription medications at home, so he invented ... way to monitor and dispense prescription medications. In doing so, it could help ...
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just announced ... offering customers 10% off of their purchase of lice treatment product. In addition, customers ... According to a company spokesperson. “Finding lice is a sure way to ruin the ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... , Países Bajos, November 26, 2015 ... terapia fotodinámica de Bremachlorin para el cáncer avanzado. ... inmunoterapia con la terapia fotodinámica de Bremachlorin para el ... nuevo enfoque combina la inmunoterapia con la terapia fotodinámica ... Clinical Cancer Research . --> Clinical ...
(Date:11/26/2015)... , Nov. 26, 2015 Research and Markets ... "Asia Pacific Cardiac Pacemaker Market Outlook to 2019 - Rise ... the Demand " report to their offering. ... --> Boston scientific and others. ... players including Medtronic, Biotronik, Boston scientific ...
(Date:11/26/2015)... DUBLIN , November 26, 2015 /PRNewswire/ ... the addition of the "2016 Future ... Drugs of Abuse Testing Market: Supplier Shares, ... report to their offering. --> ... of the "2016 Future Horizons and ...
Breaking Medicine Technology: