The Cheese Production industry has experienced mild revenue decline over the five years to 2019 as a result of falling milk prices. Overall, demand for industry products has grown due to rising per capita dairy consumption, though price declines have reduced revenue per sale, ultimately causing industry revenue to decline. Over the five years to 2024, revenue is expected to return to growth as dairy prices appreciate. Per capita dairy consumption is expected to stagnate, which will drag industry performance. However, the trade-weighted index is expected to depreciate, facilitating increases in export volumes and thus propping up industry revenue growth.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook