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Dairy Products Manufacturing – Industry Research, Analysis, Statistics, and Forecasts

SIC 202  |  NAICS 31151

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

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Industry Analysis, Statistics, Trends, and Forecasts


Industry Research Reports
Dairy Product Production  (view report)
Cheese Production  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

BNP Media
Diary Foods Magazine
https://www.dairyfoods.com/

Monthly trade magazine features news and information for the dairy processing industry, with special features including the "State of the Industry Report" (November issue) which examines the prospects for the fluid milk, cheese, ice cream, cultured products, and butter categories and the "The Dairy 100 List" which ranks the top North American processors based on finished product sales (August issue).


United States Department of Agriculture
Resources available from this organization include:

Dairy Products
https://usda.library.cornell.edu/
Monthly report provides detailed statistics on production, shipments, inventory, and prices by product (e.g., butter, cheese, ice cream, yogurt, cottage cheese, condensed and dry milk products, and whey and modified whey products) for the most recent month with comparisons to the previous month and the same time period in the prior year for trending purposes. Monthly report is accessible free online.

Dairy Data
https://www.ers.usda.gov/
Data section provides detailed statistics on U.S. supply, demand, and trade of various products, with data sets provided including milk production, fluid milk sales quantities, milk supply and utilization by product, supply and allocation of milk fats and skim solids by product, number and annual production volume of fluid milk product plants, and per capita annual consumption estimates for major products.


National Milk Producers Federation
Dairy Market Report
https://www.nmpf.org/  Select "Reports" from "News" drop-down menu

Monthly report analyzes trends in production, inventories, commercial use, imports and exports, and commodity and retail prices by product category (e.g., fluid milk, butter, cheese, nonfat dry milk, skim milk powder, dry whey, and whey protein concentrate) for the most recent period available compared to the same time period in the prior year. Monthly reports can be downloaded and viewed free online.


Freedonia Group
Dairy Products
https://www.freedoniagroup.com/

Freedonia Focus market research report analyzes demand and shipments at the manufacturer level, with data provided in this report including historical and forecast shipments by product segment (e.g., fluid milk, cream, cheese, ice cream, yogurt, butter, and other products such as dry, condensed, and evaporated milk) and industry leaders profiled including Nestlé SA, Saputo Inc., and Dean Foods Co.


GIA Research
Dairy Products
https://www.strategyr.com/

Comprehensive market research report provides a detailed analysis of this product sector in the U.S. and selected other countries, with information provided in this report including historical and forecast annual sales by product segment (e.g., fluid milk, milk powder, butter, cream, ice cream, yogurt, and cheese) and firms profiled including Nestlé SA, Saputo Inc., Dean Foods Company, and Danone SA.


BizMiner Market Analysis Reports
Dairy Product Manufacturer
https://www.bizminer.com  Search for "3115" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports »

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Dairy Product Manufacturers
https://www.bizminer.com  Search for "3115" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Dairy Product Production
(see links for individual reports)  (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.


More financial benchmarking data »

Compensation and Salary Surveys


PayScale, Inc.
Dairy Product Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as plant manager, production manager, production supervisor, packaging or filling machine operator, and quality assurance technician, with employers for which wage data is provided including Darigold, Inc., Dean Foods Company, Saputo Inc., Prairie Farms Dairy Inc., and Dairy Farmers of America Inc.


U.S. Bureau of Labor Statistics
Dairy Product Manufacturing
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for job positions employed by organizations that manufacture milk-based products (e.g., pasteurized liquid, buttermilk, cottage cheese, heavy cream, dips, eggnog, flavored drinks), frozen products (e.g., ice cream, sherbet, gelato, tofu, novelties), cheese, butter, and dry, condensed, and evaporated milk.


More compensation surveys »

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:
  SIC Code 202 - Dairy Products Manufacturing
  NAICS Code 31151 - Dairy Products Manufacturing
Types of establishments included in these codes
Fluid milk manufacturers - establishments that process and package fluid milk and cream products, including whole milk, skim milk, and half-and-half.
Butter, cheese, and dry and condensed dairy product manufacturers - establishments that produce butter, natural and processed cheese, and other dairy products, such as condensed and evaporated milk and milk powder.
Ice cream and frozen dessert manufacturers - establishments that produce ice cream and other frozen desserts, including sorbet and frozen yogurt.
Yogurt manufacturers - establishments that produce yogurt and other cultured milk products, including Greek yogurt, drinkable yogurt, and kefir.
Dry, condensed, and evaporated dairy product manufacturers - establishments that produce condensed and evaporated milk, as well as other milk-based products such as sweetened condensed milk and milk powder.
Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »


Related Industries:
Agricultural Crop and Livestock Production
Food Distributors and Wholesalers
Grocery Stores and Supermarkets
Meat and Poultry Processing

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