Company profiles provide the following insights:
- Company summary
- Product and service offerings
- Risk level report
- Financial reports and management team contacts
- Similar companies and competitors (by region)
- Industry trends and challenges
- Real-time news updates
Dairy Product Industry Insights: Trends and Challenges
Due to increased production, the price of milk worldwide has been decreasing and is currently forecasted to be less volatile compared to the past. One of the biggest driving factors of the falling milk prices is the presence of more cows than the system currently needs and demands. With the reduction of in-person learning in schools and colleges, restaurant closures, and fewer events, the demand for milk has been lower than normal, contributing to a decrease in prices.
Tariffs imposed between the USA and China had a major impact on trade in the dairy products industry. Whey trade dropped 51% after tariffs were implemented, cheese exports declined 49%, lactose product exports declined 9%, and overall dairy products dropped 43%. Lost sales in China are predicted to cost U.S. dairy farmers US$12.2 billion by 2023.
Dairy Product Company Insights on BizVibe: Top Players and Specialized Manufacturers
Some of the public and private dairy product companies on BizVibe include:
Market Leaders:
- Nestlé
- Lactalis
- Danone
- Yili Group
- Dairygold
Specialized Manufacturers:
o Key Products: ice cream mix, rice milk
o Key Products: milk substitutes, whipped topping
o Key Products: frozen custard, sour cream dip
o Key Products: canned non-alcoholic eggnog, frozen custard
o Key Products: rice pudding, chocolate spread, coconut milk desserts
View 50+ insights for all dairy product companies
Key Segments Covered
BizVibe's dairy product industry insights cover the following segments.
Top Dairy Categories:
- Milk Manufacturers
- Butter Manufacturers
- Cheese Manufacturers
Top Specialized Dairy Product Categories:
- · Sour Cream Manufacturers
- · Eggnog Manufacturers
- · Sherbet Manufacturers
- · Juice Pop Manufacturers
- · Other Frozen Dessert Manufacturers
Learn more about company insights for this industry
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SOURCE BizVibe
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