Volatile milk prices have significantly affected the Milk Production and Dairy Cattle industry in recent years, causing revenue for milk producers to rise and fall dramatically. However, improvements in raw milk prices and increasing consolidation activity will help revenue and profit improve. Demand for milk will also continue to rise as the US population grows and consumers become more aware of the health benefits of calcium.
Establishments in this industry primarily raise cattle for milk. The industry only includes the sale of raw milk and excludes the production of drinkable fluid milk and processed dairy products like butter, cheese and powered milk.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.