Industry Analysis & Industry Trends
The Butter and Cheese Production industry represents one of the fastest growing and most dynamic sectors within the dairy industry. The cheese market is highly pervasive, with a 99% penetration rate and increasing per capita consumption and expenditure. Between 1998 and 2008, average volume purchase per person per week of cheese increased 7.8%, while that of butter grew 11.1%, with the strongest growth coming from the soft, natural and processed cheese segments. Cheddar remains the undisputed favourite among Britons, with mature and vintage varieties considerably outperforming the mild and medium flavours. Branded Cheddar sales have surprisingly led the way, driven by lower prices due to intense competition that forced producers to discount to retain market share... purchase to read moree
Industry Report - Industry Key Buyers Chapter
The Butter and Cheese Production industry is dominated by dairy farmer cooperatives, both domestic and international, with private label brands respectively accounting for 18% of cheese and 16% of butter retail sales. Producers have been attempting to increase the share of branded products within their portfolios as they offer higher margins and foster a sense of loyalty amongst consumers. The top four players are estimated to account for about 50% of the industry, representing an increase from five years prior, driven by the collapse of the Dairy Farmers of Britain cooperative that went into receivership in June 2009... purchase to read more