Industry Analysis & Industry Trends
Yoghurt is widely considered to be a healthy food option. This belief has driven total 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, particularly of premium and Greek-style yoghurts. These styles attract higher sales prices and help boost industry revenue. Furthermore, rising overseas incomes and Australia's reputation for producing safe and high-quality dairy products have helped to lift exports. Industry revenue is projected to post 5.3% annualised growth over the five years through 2015-16, to reach $651.3 million. This includes forecast growth of 5.6% for 2015-16... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Yoghurt Production industry is expected to be in the growing life cycle phase. This is evidenced by the outperformance relative to the wider economy and product developments. However, emerging merger and acquisition activity and a gradual shift towards product rationalisation indicate the industry is moving towards maturity.
Industry value added (IVA), a measure of the industry's contribution to the overall economy, is projected to grow at an annualised 3.3% over the 10 years through 2020-21. Comparatively, GDP is anticipated to post 2.8% annualised growth over the same period. This outperformance is typical of a growing industry that is expanding as a share of the economy... purchase to read more