Cheese Manufacturing in Australia - Industry Market Research Report
Description
Cheese Manufacturing in Australia
Cheese manufacturing revenue has declined over the past five years. Operators have faced a range of challenges over the period. Varying cheese prices in export markets, a fluctuating Australian dollar, falling local raw milk production and shifting local consumer preferences have all influenced revenue performance. Domestic per capita cheese consumption has increased over the past five years. However, local consumer preferences have shifted from traditional cheddar varieties towards specialty cheeses, such as goat's cheese and fetta. These cheeses carry price premiums, boosting revenue. Overall, revenue is expected to drop at an average annual 2.2% over the five years through 2023-24, to $3.3 billion. The COVID-19 pandemic negatively affected the industry. Revenue fell over the two years through 2020-21, weakened in part by declining food service demand due to government COVID-19 restrictions. However, increased sales through retailers partially offset this trend.
Industry operators primarily manufacture cheese.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Cheese manufacturing revenue has declined over the past five years. Operators have faced a range of challenges over the period. Varying cheese prices in export markets, a fluctuating Australian dollar, falling local raw milk production and shifting local consumer preferences have all influenced revenue performance. Domestic per capita cheese consumption has increased over the past five years. However, local consumer preferences have shifted from traditional cheddar varieties towards specialty cheeses, such as goat's cheese and fetta. These cheeses carry price premiums, boosting revenue. Overall, revenue is expected to drop at an average annual 2.2% over the five years through 2023-24, to $3.3 billion. The COVID-19 pandemic negatively affected the industry. Revenue fell over the two years through 2020-21, weakened in part by declining food service demand due to government COVID-19 restrictions. However, increased sales through retailers partially offset this trend.
Industry operators primarily manufacture cheese.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
46 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
