What is the Yoghurt Production industry?
The Yoghurt production industry has enjoyed robust growth over the past five years. Higher consumer demand has encouraged industry operators to increase their output and produce new varieties and flavours. In particular, premium and Greek yoghurts have become increasingly popular, boosting industry revenue due to the higher prices these products attract. Demand from overseas markets has also increased, with many producers expanding local production volumes and exporting products to Asian markets. Industry revenue is projected to post 3.9% annualised growth over the five years through 2015-16, to reach $609.1 million. This includes forecast growth of 3.3% for 2015-16... purchase to read more