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2018 Market Analysis & Industry Outlook: Cheese Manufacturing

Overview of the U.S. Cheese Manufacturing Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Cheese Manufacturing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Cheese Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

Fluid Milk Manufacturing

Fluid Milk And Cream, Bulk Sales

Fluid Milk And Related Products, Packaged (Including Cartons, Bottles, Cans, And Dispenser Cans), Excluding Ultra High Temperatu

Yogurt, Excluding Frozen

Cheese Manufacturing

Natural Cheese (Cheddar, Swiss, Italian, Brick, Cream, Grated, Dried.), Excluding Cottage Cheese

Process Cheese And Related Products

Cheese Manufacturing, Not Categorized, Total

Dry, Condensed, And Evaporated Dairy Product Manufacturing

Dry Milk Products And Mixtures

Concentrated Milk Products, Shipped In Bulk (Barrels, Drums, And Tanks)

Total Miscellaneous Receipts

Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Cheese Manufacturing by state

Cheese Manufacturing Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Cheese Manufacturing companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

price index trends

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Cheese Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Cheese Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Cheese Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 4%

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Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations 8%
Installation, Maintenance, and Repair Occupations 8%
Other Installation, Maintenance, and Repair Occupations 7%
Production Occupations 48%
Food Processing Workers 15%
Miscellaneous Food Processing Workers 15%
Food Batchmakers 12%
Other Production Occupations 27%
Packaging and Filling Machine Operators and Tenders 13%
Packaging and Filling Machine Operators and Tenders 13%
Miscellaneous Production Workers 6%
Transportation and Material Moving Occupations 20%
Motor Vehicle Operators 6%
Driver/Sales Workers and Truck Drivers 6%
Material Moving Workers 13%
Laborers and Material Movers, Hand 9%
Source: Bureau of Labor Statistics

Cheese Manufacturing Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Vermont Butter & Cheese trademarks "VERMONT CHEESEMAKERS FESTIVAL" - Organizing and conducting entertainment and educational exhibitions in the nature of a food and beverage festival, featuring cheese making, cooking with cheese, serving cheese, cheese tasting, wine tasting, and beer tasting - 08/26/2016
  • Full Circle Creamery trademarks "INDEPENDENCE CHEESE" - Cheese - 11/04/2014
  • Smoky Mountain Cheese trademarks "NO BULL YOU'LL WANT MORE! BEER CHEESE SPREAD WITH ATTITUTE! SMOKY MOUNTAIN CHEESE, LLC" - Cheese spread - 11/22/2011

  • Top Innovators

    CompanyInnovation Score
    Karoun Dairies Inc. & Centr
    Lakeview Cheese

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Belgrade 10-year-old wins grilled cheese contest at trade show - ... A standard grilled cheese sandwich has two slices of bread and a slice or two of cheese. Simple, right? For Jade Eastman, Chase Daigle and Ethan Hobart, making a grilled cheese Wednesday was a lot different. The trio participated in the first-ever ... (01/13/2018)
    • Cheese Curds, 1/11: Will Mike Pettine be willing to simplify complex defensive scheme? - Here’s another further look at Pettine and what to expect from him this season. Larry McCarren explains in video form just why Mike Daniels has been deserving of making the Pro Bowl for several years now. Rex Ryan on Packers new defensive boss Mike ... (01/12/2018)
    • A better mousetrap: Chuck E. Cheese’s looks to lure a new generation - Cheese’s kid-themed chain of restaurants/ indoor theme parks. Last year, a period filled with rumors that the chain might return to the public markets, Leverton was busy making the brand more appealing to kids and the parents who tote them around. (01/11/2018)
    • Chester Township culinary school educates on making mozzarella - The $55, two-hour class will be led by Paganini and a representative from Miceli Cheese. You’ll make fresh mozzarella from curd, braided and stuffed mozzarella and ricotta cheese. The menu includes a Caprese salad with tomato, basil and mozzarella ... (01/11/2018)
    • 5 easy steps for making any recipe vegan - Here are five tips for making any recipe vegan. It can be hard to cut out meat ... Although you can purchase vegan cheese at your local specialty supermarket, nuts can serve as the perfect substitute for any recipe that calls for cheese. (01/09/2018)
    • Frankenmuth Cheese Haus, Healthy Habitz bringing changes to Main Street - The building at 545 S. Main is to be demolished, making way for a new 17,000-square-foot Bavarian-themed building to be home to the new Frankenmuth Cheese Haus, according to a Cheese Haus news release. The Cheese Haus is currently located at 561 S. (01/08/2018)
    • Global cheese powder market forecast to 2021 explored in latest research - The increased shelf life of cheese powder also drives the market forward by being a preferred choice for packaged foods manufacturers. The increased consumption of cheese and cheese related products has increased the market share for cheese powder. (01/05/2018)
    • Behind Dallas' gourmet grilled cheese food truck is a legendary oil family and a drive for charity - Ruthie's Rolling Cafe serves gourmet grilled cheese sandwiches inspired by those made by her ... But Ruthie’s is more than a means for making money. Kleinert uses it as a means for supporting local nonprofits with what she calls “Ruthie’s Snacks ... (01/05/2018)
    • Argyle Cheese Farmer gets OK for new site - GLENS FALLS — Argyle Cheese Farmer hopes to open its cheese and yogurt manufacturing plant this fall in what is currently a vacant warehouse on Pruyn’s Island. The Planning Board on Tuesday gave a conditional approval to the project to renovate the ... (01/03/2018)
    • Cheese? yes please - It was at this stage both Grosvenor and Ro decided to expand and venture into cheese making and built their facility at the back of the building now leased and named The Cellar By Gilbert. The sandstone was found by Ro at Lithgow in 2000 – the front ... (12/30/2017)

    Government Contracts

    In 2016, the federal government spent a total of $155,634,845 on Cheese Manufacturing. It has awarded 366 contracts to 25 companies, with an average value of $6,225,394 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Dips, cheese based, manufacturing, Cheese (except cottage cheese) manufacturing, Processed cheeses manufacturing, Curds, cheese, made in a cheese plant, Cheese analogs manufacturing, Spreads, Cheese, imitation or substitute, natural (except cottage cheese), Cheese spreads manufacturing, Cheese products, Whey, raw, liquid, etc.

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