Industry Analysis & Industry Trends
In the five years through 2013-14, revenue for the Yoghurt Production industry is forecast to be moderate to strong. Strong per capita consumption and relatively stable final prices contributed to estimated annualised revenue growth of 3.0% to $541.7 million. This includes estimated growth of 3.4% in 2013-14 with the entry of several new firms in recent years leading to higher industry output volumes and a wider selection of yoghurt products.
Industry growth has been driven by the development of new flavours, probiotic yoghurts and strong branding by leading companies. The market has become more segmented over the past five years, with more companies producing a wider range of yoghurt products and flavours to reach more consumers... purchase to read more
Industry Report - Industry Products Chapter
The main product segments in the industry are reduced-fat yoghurt, flavoured yoghurt, natural yoghurt, children's yoghurt and other yoghurts.
Accounting for the largest proportion of industry revenue, this segment includes flavoured and natural reduced-fat, low-fat and no-fat yoghurts. IBISWorld estimates this segment will account for 29.0% of industry revenue in 2013-14, up from 24.0% in 2008-09 due to increased consumer demand for yoghurt products with lower fat content and a greater willingness for manufacturers to provide these. This demand growth has been driven by the belief among consumers that lower fat yoghurts are healthier than full-fat yoghurts, with advertising often supporting these claims... purchase to read more