What is the Yoghurt Production industry?
The Yoghurt Production industry is moderately capital-intensive. For every dollar spent on labour, the average industry participant invests an estimated $0.32 in capital items. The vast majority of yoghurt is produced using large industrial machinery. With increased automation levels across the industry in the past five years, the industry's capital to labour ratio has decreased. Increased investment has been made in automated equipment and machinery across the manufacturing process, particularly for milk heating and cooling, fermentation and pasteurisation and container filling. This has increased capital intensity and industry efficiency, and is aimed at improving profitability... purchase to read more