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Dairy Product Production in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE31151CA

Dairy Product Production in Prince Edward Island industry analysis

Revenue for the Dairy Product Production industry in Prince Edward Island is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase % to $x.x million.

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About the Dairy Product Production in Prince Edward Island Market Research Report

What’s Included in the Dairy Product Production in Prince Edward Island Market Research Report

Definition of the Dairy Product Production in Prince Edward Island?

The Dairy Product Production industry in Canada mainly manufactures dairy products, such as cream, butter, yogourt and cheese, as well as pasteurized, dry, condensed and evaporated milk. The industry also manufactures substitute dairy products made from soybeans and other nondairy ingredients. Frozen dairy products such as ice cream and frozen yogourt are excluded from this industry.

What’s included in the Dairy Product Production in Prince Edward Island?

The Dairy Product Production in Prince Edward Island includes producing fluid milk products, producing cheese, producing dry, condensed and evaporated milk, producing butter and producing yogourt. Related terms covered in the Dairy Product Production in Prince Edward Island industry report includes a federal program that sets milk production quotas and sets prices paid by processors; the program is designed to match available supply with domestic demand and ensure fair prices for farmers, a byproduct of cheese production, the protein-high liquid remaining after milk has been curdled and strained, a manufactured dairy product made by evaporating water from milk to remove all liquid and a jointly owned, vertically integrated organization that collectively markets the products of all members.

Industry Performance of the Dairy Product Production industry in Prince Edward Island

Benchmark the Dairy Product Production in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Dairy Product Production in Prince Edward Island

#8 in Highest Revenue 1.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Dairy Product Production in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Dairy Product Production industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, demand from supermarkets and grocery stores, consumer spending and demand from food services and drinking places are impacting Dairy Product Production in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in PE State Economic profile

Canada Key External Drivers

Demand from supermarkets and grocery stores
Consumer spending
Demand from food services and drinking places

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Dairy Product Production industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Dairy Product Production in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Dairy Product Production industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Dairy Product Production industry in Prince Edward Island in 2025?

The market size of the Dairy Product Production industry in Prince Edward Island is $411.5m in 2025.

How many businesses are there in the Dairy Product Production industry in Prince Edward Island in 2025?

There are 10 businesses in the Dairy Product Production industry in Prince Edward Island, which has been growing at an average annual rate of 2.1% from 2020 to 2025.

Has the Dairy Product Production industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Dairy Product Production industry in Prince Edward Island has been growing at an average annual rate of 31.7% from 2020 to 2025.

How many employees in the Dairy Product Production industry in Prince Edward Island in 2025?

There are 1,251 employees in the Dairy Product Production industry in Prince Edward Island, which has been growing at an average annual rate of 1.6% from 2020 to 2025.