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Milk and Cream Processing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Milk and Cream Processing Market Research Report | ANZSIC C1131 | Dec 2015

Moving on Up: Industry revenue expected to increase due to strong export growth

IBISWorld’s Milk and Cream Processing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
4.1%
Annual Growth 16-21
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Profit
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Employment
2,924
Businesses
65
Industry Analysis & Industry Trends

The Milk and Cream Processing industry has grown strongly over the past five years, despite challenging conditions in the domestic market. This is largely due to rising demand for Australian milk in export markets. Industry revenue is forecast to grow at an annualised 4.1% over the five years through 2015-16, to reach $1.8 billion. This includes forecast growth of 3.7% in 2015-16. Profitability has fallen over the past five years, as processors have been forced to absorb higher production costs.

The ongoing milk war between the major supermarket chains, where private-label milk products are priced at $1.00 per litre, has changed the way milk processors operate. This is because winning private-label milk contracts has become increasingly important over the past five years... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld expects that the Milk and Creaming Processing industry is in the mature phase of its economic life cycle. Industry value added, which measures an industry’s contribution to GDP, is expected to grow at an annualised 2.8% over the 10 years through 2020-21. This performance is in line with the economy, with GDP forecast to grow at the same rate over the same period.

The similar performance of the industry compared with the economy is typical of mature industries. Milk consumption has remained quite steady over the past five years. However, the staple nature of milk in many diets has ensured its continual consumption, particularly as the industry innovates to cater for broader dietary requirements, such as the need for lactose-free milk... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Milk and Cream Processing Industry?

The Milk and Cream Processing industry primarily pasteurises and separates raw milk to make milk and cream products with varying levels of fat content. The industry excludes the manufacture of cultured buttermilk, flavoured milk (whole and skim), sour cream and yoghurt.

Industry Products
Whole milkLow and reduced-fat milkUHT milkCream
 
Industry Activities
Pasteurised cream (except canned)Low-fat milkPasteurised milkSkim milkWhole milkUltra pasteurisation milk


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