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 Locations Chapter
The industry is mainly located in Victoria and New South Wales, which is common for dairy-related industries, due to high dairy cattle farming levels in these states and high milk production volumes. Similar to cheese, butter and ice-cream manufacturers, yoghurt manufacturers tend to be located in close proximity to milk suppliers. These two states combined are estimated to account for 68.9% of industry establishments and 70.2% of industry revenue. However, these are estimated to have declined over the five years through 2013-14, from 70.5% and 72.0% respectively in 2008-09, due to an increase in the number of small, niche yoghurt manufacturers starting operations in other states... purchase to read more