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Yoghurt & Other Dairy Product Processing in the UK - Industry Market Research Report

Publisher IBISWorld
Published Sep 06, 2024
Length 77 Pages
SKU # IBSS19343102

Description

Yoghurt & Other Dairy Product Processing in the UK - Industry Market Research Report


Yoghurt & Other Dairy Product Processing in the UK

Changing consumer tastes and volatile ingredient prices have caused turbulence for dairy processors in recent years. Industry revenue is expected to dip at a compound annual rate of 0.5% over the five years through 2022-23 to £942.7 million. Price changes have also caused profitability to be volatile as cost pressures from supermarkets have limited dairy processors' ability to hike prices. Following the COVID-19 outbreak, demand from supermarkets partially offset a fall in demand from food service operators, but sales still dropped down in 2020-21. However, since then, the industry's on track for two consecutive years of growth, including an expected 1.4% in 2022-23

This industry covers the production of fermented milk-based products other than liquid milk, cream, butter and cheese. Yoghurt, creme fraiche, sour cream, milk-based soft drinks, yoghurt drinks, powdered milk, whey, casein, rennet and lactose are all included. Products from a non-dairy source are excluded, as are foods serving a specific nutritional purpose, such as infant milk formula and whey-based protein supplements.

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

77 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
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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