Country Profile: Dairy & Soy Food Sector in Australia

2017-07-14
Price :
Published : Jul-2017
No. of Pages : 160

Country Profile: Dairy & Soy Food Sector in Australia

Summary

Australian Dairy & Soy Food sector accounted for a volume share of 1.34% of the global market and 3.5% of the regional (Asia-Pacific) market in 2016. The sector was valued at A$14,221.8 Million (US$10,579.5 Million) in 2016 and is forecast to grow at a CAGR of 3.6% during 2016-2021.Increasing disposable income and growing consumer demand for high protein diets are the key growth drivers for the sector. Per capita consumption of Dairy & Soy Food products stood at 143kg when compared to the global and Asia-Pacific levels of 50kg and 29.7kg, respectively, in 2016.

Cheese is the largest with value sales of A$4,451.2 Million (US$3,311.3 Million) in 2016. Furthermore, it is expected to grow at a CAGR of 3.3% during the forecast period (2016-2021), while the Yogurt market is expected to record the fastest CAGR of 5.6% during the same period.

Hypermarkets & Supermarkets account for a leading share in the distribution of Dairy & Soy Food products in in Australia. In 2016, Hypermarkets & Supermarkets held 51.3% value share, followed by On-trade transactions with 28.9% share. Convenience Stores and Food & Drinks Specialists accounted for shares of 10.2% and 6.2%, respectively, in the same year.

Pura is the leading brand in the Australian Dairy & Soy Food sector. The top five brands in the sectoraccounted for 24.2%value share, whileprivate labels held21.2% share by value in 2016. Health& Wellness attributes such as ‘Food Minus’ and consumer benefits such as ‘Weight & Shape Management’ are the most sought after Health & Wellness claims in the Australian Dairy & Soy Food sector.

The report “Country Profile: Dairy & Soy Food Sector in Australia” provides insights on high growth markets to target, trends in the usage of packaging materials, category level distribution channel data and market share of brands.

In particular, this report provides the following analysis –
– Market data: Overall market value and volume data with growth analysis for 2011-2021. The overall market value and volume included in the report is split on the basis of On-trade and Off-trade.
– Category coverage: Value and growth analysis for Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Fromage Frais & Quark, Milk, Soymilk & Soy Drinks, and Yogurt with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
– Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
– Distribution data: Percentage of sales within each market through distribution channels such as On-trade, Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others.
– Packaging data: consumption breakdown for packaging materials and container types in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.

Companies mentioned in this report: Arla Foods, B.-d. Farm Paris Creek Pty Ltd, Devondale Murray Goulburn, Ballantyne Foods Pty Ltd, Nuttelex Pty Ltd, Peerless Holdings Pty Ltd, Tablelands Spreads, Tru Blue, Unilever Plc, Weight Watchers International, Inc., Ashgrove Cheese Pty Ltd, Australian Gold, Bega Cheese Ltd., Collier`s Powerful Welsh Cheddar

Scope

– The Dairy & Soy Food sector in Australia is forecast to grow at 3.6% CAGR in value terms during 2016-2021
– Per capita consumption in the Milk market is noticeably higher compared to other markets in Australia
– Hypermarkets & Supermarkets is the largest distribution channel in the Australian Dairy & Soy Food sector
– Pura is the leading brand in both value and volume terms in the Australian Dairy & Soy Food sector
– Rigid Plastics is the most commonly used packaging material in the Australian Dairy & Soy Food sector

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Manufacturers can identify the opportunities to position products with H&W attributes/benefits
– Access the key and most influential consumer trends driving Dairy & Soy Food products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
– The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
– Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Top Growth Opportunities: Hot Drinks in South Korea

Top Growth Opportunities: Hot Drinks in South Korea Summary "Top Growth Opportunities: Hot Drinks in South Korea", provides an overview of the Hot Drinks market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Hot Drinks producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscape......
$2995

Failure Case Study: Amazon Restaurants in the UK – Facing the challenges of the competitive online food delivery landscape

Failure Case Study: Amazon Restaurants in the UK - Facing the challenges of the competitive online food delivery landscape Summary Amazon Restaurants, offering online food delivery ordering from a range of participating restaurants, launched in London in 2016, opened to Amazon Prime subscribers across the capital. However, in November 2018, Amazon closed the service. Online/app-based food delivery is a growth market in the face of pressure on traditional quick-service restaurants. This has inspired both new start-ups and bigger brands with logistics and online clout to explore such services, with competition springing up in major cities in markets such as the US, the UK, and Europe. Scope - For a value-added service to attract usage, it needs to be offering something one cannot get el......
$995

Failure Case Study: Dunkin’ Donuts & More – Misaligned positioning kept the brand from forging a deeper connection with consumers

Failure Case Study: Dunkin' Donuts & More - Misaligned positioning kept the brand from forging a deeper connection with consumers Summary Dunkin' Donuts, a leading American quick-service restaurant (QSR) brand with worldwide presence, forayed into the Indian market in 2012 in collaboration with Jubilant FoodWorks Limited. Dunkin' Donuts customized its menu to suit the taste buds of young Indian consumers, and the pockets of middle-class households. It also revamped its stores, menu, and positioning to boost sales. However, in spite of store facelifts and a menu revamp, Dunkin' Donuts continued to struggle in the Indian market. Consequently, Dunkin' Donuts refocused its core offering and Jubilant began optimizing store counts and costs. Dunkin' Donuts opened its first branch in India in ......
$995

The Baby Food Sector in Vietnam, 2018

The Baby Food Sector in Vietnam, 2018 Summary "The Baby Food Sector in Vietnam, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Vietnamese market. Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing food and to spend with their young children. This, coupled with the greater availability of prepared baby food in modern retail outlets, has fueled strong growth in the baby food sector. Vietnamese consumers are concerned about nutrition, food safety, and food quality, particularly in the wake of a number of food scares in recent years. ......
$3275

ForeSights: Anti-Pollution Food and Drinks – Countering the effects of air pollution through diet

ForeSights: Anti-Pollution Food and Drinks - Countering the effects of air pollution through diet Summary "ForeSights: Anti-Pollution Food and Drinks", explores the prospect of food and drinks that claim to defend against the negative impacts of poor air quality. Indeed, anti-pollution claims are a fast-growing segment in personal care, underscoring similar opportunities for food and drinks. Driven by alarming air pollution levels, heightened consumer awareness and advances in nutritional science, there is a prime opportunity in the food and drink sectors to target the effects of poor air quality. This imminent shift will signify a new phase in pollution-fighting products and create a new avenue of opportunity in functional foods. Scope - The personal care sector has already capitaliz......
$495

The Baby Food Sector in Taiwan, 2018

The Baby Food Sector in Taiwan, 2018 Summary "The Baby Food Sector in Taiwan, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Taiwan market. Western foods are now commonly found on supermarket shelves, and imported foods account for the majority of baby food brands in Taiwan. Although many mothers feed their babies home-made food, demand for commercially prepared baby foods is rising due to their convenience. According to major hypermarket RT-Mart, organic vegetable sales were 30% higher in November 2014 than in November 2013. These trends are likely to have a positive impact on the sales of organic baby food too. What else does this report offer? - Consumption data based upon a unique combination of indu......
$3275

Health and Wellness Opportunities in the Meat Sector

Health and Wellness Opportunities in the Meat Sector Summary "Health and Wellness Opportunities in the Meat Sector", report brings together multiple data sources to provide a comprehensive overview of the global health & wellness (H&W) meat sector. It includes analysis of the overall H&W meat sector globally, including what is the current market size (2018) with projected growth over the next five years (2018-2023) and how the key categories will develop in the future; key product attributes and key consumer benefits by each region in the sector; key trends in the top four categories by value; and market share of leading companies offering H&W meat products in 2018. Key Highlights - Rising health awareness, increasing purchasing power of consumers and ageing population, who are more co......
$3450

Failure Case Study: Subway Japan – Fast-food chain losing traction in Japan’s competitive environment

Failure Case Study: Subway Japan - Fast-food chain losing traction in Japan's competitive environment Summary "Failure Case Study: Subway Japan", is part of GlobalData's Successes and Failures research. It examines the details of and reasons behind the failure of Subway sandwich outlet chain in the Japan. It delivers the critical "what?", "why?", and "so what?" analysis to deliver crucial lessons that increase your chances of running a successful fast-food restaurant business. Subway is a global sandwich chain, and launched its first outlet in Japan in 2019. Around 2004, the chain redesigned its menu to cater to the Japanese palate, which helped the business grow to 480 outlets. However, after store numbers peaked in 2014, the chain began to struggle, closing outlets due to losing tract......
$995

Success Case Study: Three Squirrels Online Snacks – Targeting Millennials through an internet-based business model and personalization strategy

Success Case Study: Three Squirrels Online Snacks - Targeting Millennials through an internet-based business model and personalization strategy Summary Three Squirrels achieved meteoric growth from its inception through its direct-to-consumer business model, product strategy revolving around premiumization and personalization, and branding and social media marketing strategies targeting the Millennials cohort in China. Anhui Three Squirrels Electronic Commerce Co. (Three Squirrels) was founded in 2012 as an online vendor of nuts, seeds, and dried fruit products. The company subsequently diversified its portfolio to include other savory snacks and herbal teas, and transitioned from a purely online approach to an online-to-offline model. Scope - Besides launching its products on popular......
$995

Top Growth Opportunities: Savory Snacks in Poland

Top Growth Opportunities: Savory Snacks in Poland Summary "Top Growth Opportunities: Savory Snacks in Poland", provides an overview of the savory snacks sector, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for savory snack producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscap......
$2995
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy