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