Industry Analysis & Industry Trends
The Soy and Almond Milk Production industry has benefited from rising consumer demand as a result of growing health awareness with regard to food consumption, which has boosted the popularity of non-dairy beverages such as soy and almond milk. Soy milk accounts for the lion's share of industry revenue, due to its superior nutritional qualities, including high levels of protein, and low sodium and saturated fats. Smaller segments, such as almond, rice and coconut milk, have also grown rapidly, but remain only small shares of industry revenue. Other sociological and biological factors are also driving industry revenue. Vegetarian and vegan movements are gaining momentum and the incidences of lactose intolerance and food allergies are growing... purchase to read more
Industry Report - Industry Locations Chapter
The spread of industry operators largely follows the geographic breakdown of the Australian population and economic activity. Industry operators prefer to be located close to their end-markets in order to minimise production and transport costs. Many industry operators also choose to locate themselves close to prominent Australian ports, given that the majority of soy milk produced use imported soy beans during the production process.
As a result, New South Wales and Victoria both have the highest share of business locations given that all of the prominent brands in the industry are manufactured in these two states... purchase to read more