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 Analysis Chapter
Yoghurt products have become increasingly popular with consumers over the last five years. Due to higher consumer demand, industry operators have increased output levels and the number of varieties available on supermarket shelves. Yoghurt manufacturers have been able to attract new customers and increase the size of the market by developing new products, targeting a wider demographic and using new and innovative packaging methods. Examples of these are squeeze containers for flavoured yoghurts designed to appeal to young children.
Steady industry growth
Over the five years through 2013-14, industry revenue is estimated to increase an annualised 3.0% to $541.7 million. This includes a forecast increase of 3.4% in 2013-14 as industry growth continues... purchase to read more