Industry Analysis & Industry Trends
Yoghurt is widely considered a healthy food option. This has driven yoghurt consumption growth over the past five years, to the benefit of the Yoghurt Production industry. In response to growing domestic demand, manufacturers have expanded production over the period. Furthermore, rising incomes and desire for safe and high-quality Australian dairy products have helped lift exports. However, increased competition among industry players has prevented sale price increases and constrained revenue growth. Industry revenue is projected to post 0.7% annualised growth over the five years through 2014-15, to reach $561.3 million. This includes forecast growth of 2.8% for 2014-15... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Yoghurt Production industry is expected to be in the mature life cycle phase. This is evidenced by the underperformance relative to the wider economy, merger and acquisition activity and a gradual shift towards product rationalisation.
Industry value added (IVA), a measure of the industry's contribution to the overall economy, is projected to grow at an annualised 2.1% over the 10 years through 2019-20. Comparatively, GDP is anticipated to post 2.7% annualised growth over the same period. Although IVA growth is weaker than the economy, the Yoghurt Production industry is still expected to maintain its positive contribution to GDP. This is a key characteristic of a mature industry.
Takeover and acquisition activity has intensified over the six years... purchase to read more