Dairy Products Manufacturing Report Summary

SIC Codes: 2021 2022 2023 2024 2026
NAICS Codes: 311511 311512 311513 311514 311520

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Dairy Products Manufacturing Industry Overview

Excerpt from Dairy Products Manufacturing Report

Companies in this industry manufacture dairy-based products from raw and processed milk, along with dairy substitutes. Major companies include Dean Foods, Dairy Farmers of America, and Land O'Lakes (all based in the US), as well as Danone and Groupe Lactalis (France); Fonterra Co-operative Group (New Zealand); Koninklijke FrieslandCampina (the Netherlands); Meiji (Japan); and Nestlé (Switzerland).

Competitive Landscape

Competition in the dairy product manufacturing industry is evolving as small upstart companies have introduced new higher-margin products that are taking market share from major producers. This trend, which is occurring throughout the food manufacturing sector, is pressuring industry leaders to acquire rivals and create new brand extensions that are more in line with consumers’ current tastes.

Products, Operations & Technology

Major product segments include cheese (about 40% of US industry revenue), fluid milk and milk products (35%), and dry and condensed milk products (20%). Other products include ice cream, other frozen desserts, and butter. Besides regular milk, milk products include buttermilk, cream, cottage cheese, yogurt, and dairy substitutes, such as soy milk.

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