Dairy Wholesale

The Dairy Wholesaling industry has experienced stable revenue growth over most of the five years to 2022 as a result of both increasing per capita disposable income and per capita dairy consumption. However as industry performance is heavily dependent on commodity prices and retailer practices, the growing trend of vertical integration between manufacturers and retailers has heightened external competition, raised barriers to entry and restricted the expansion of traditional merchant wholesalers. Consequently, many industry operators have struggled to remain relevant within the supply chain, resulting in the departure of numerous dairy wholesalers. Despite these challenges, industry revenue is expected to increase an annualized 1.8% to $99.5 billion over the five years to 2022, including an increase of 3.4% in 2022 alone.