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 - Starting a New Business Chapter
Barriers to enter the industry are at a moderate level due to extensive equipment and machinery required for heating, cooling, fermenting, pasteurising and filling processes. To achieve economies of scale across the production process, equipment levels of a minimum volume are required. Therefore, although it is possible to manufacture yoghurt in small batches with limited equipment, viable companies need to be able to produce sufficient yoghurt quantities to be competitive in the market. Small batch and niche product manufacturers are able to be successful in the low volume markets, but are unable to compete with the large national and international firms operating in the industry. Due to these factors capital requirements are the main barrier to entry for the industry... purchase to read more