Industry Analysis & Industry Trends
The Cheese Manufacturing industry has faced turbulent conditions. Unprecedented commodity price volatility has been the main driver of both industry fortunes and woes. Global dairy prices reached near-record highs over 2007-08 and cheese prices rose 68.9%. This increase largely resulted from growth in dairy demand from the growing economies of South Asia, coupled with crippling drought conditions across most of Australia and New Zealand, which resulted in dramatic supply shortages and price increases. This significantly inflated industry revenue and export values over the past five years – until the global financial crisis reversed the trend... purchase to read more
Industry Report - Industry Products Chapter
While the industry's main product is cheese, it produces a variety of different cheeses. Dairy Australia classifies Australian cheese production under the following varieties: Cheddar and Cheddar types, semi-hard and stretch, fresh, hard, eye cheese and mould-ripened cheese. Shares of each cheese type have been changing over the past five years in line with consumption trends. The share of non-Cheddar cheese production increased and it is now greater than the Cheddar cheese segment.
The largest cheese segment is Cheddar cheese. In 2007-08, this segment accounted for more than 50% of production. IBISWorld estimates that Cheddar accounts for 44.8% of revenue in 2012-13, with its decline appearing to have stabilised. Semi-hard and stretch cheese includes varieties such as mozzarella... purchase to read more