Dairy Wholesaling in Canada
Over the five years to 2017, the industry has experienced steady growth, as wholesale operators received rising demand for dairy products from downstream markets. At the beginning of the period, the industry had to contend with consolidation in both the Dairy Farms industry (IBISWorld report 11212CA) and the Dairy Product Production industry (IBISWorld report 31151CA), which has decreased the number of available wholesale contracts while increasing wholesale bypass. In all, over the five years to 2017, industry revenue is anticipated to rise. Over the past five years, an increasing number of dairy product manufacturers expanded their operations to further include in-house wholesaling services. This trend, known as wholesale bypass, permits dairy-product producers to distribute their products straight from the factory to retailers, cutting out traditional merchant wholesalers.Over the five years to 2022, the Dairy Wholesaling industry is expected to continue growing, though at a slower annualized pace, aided by growing demand from supermarkets and grocery stores, dairy product manufactures, and food-service and drinking establishments. Growing demand for industry products is expected to contribute to growth within industry employment and facilitate the entrance of more operators.
Operators in this industry wholesale dairy products (except dried or canned), including butter, cheese, cream, ice cream, milk and yogurt. This industry does not include manufacturers’ sales branches and offices (MSBOs) where the wholesaling and production of dairy products occur as one undifferentiated operation; revenue from such MSBOs are included under the scope of the Dairy Product Production industry (IBISWorld 31151CA).
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