The Butter and Dairy Product Manufacturing industry has undergone significant change over the past five years. In the two years through 2009-10, domestic farmgate milk and dairy solids prices declined strongly due to a fall in demand for industry products amid the global financial crisis. However, the popularity of Australian dairy manufacturers in international markets offset this effect. During the first half of the past five years, growth in global demand for dairy products outstripped supply growth, primarily due to production constraints in other key exporting countries.
Companies in this industry primarily manufacture dairy products such as butter, yoghurt, condensed milk, evaporated milk and other dairy products. The manufacturing of cheese, ice cream, milk and milk powder is not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.