Industry Analysis & Industry Trends
The Yogurt and Similar Product Processing industry has had a rough five years and the prospects of an improvement seem very slim. Over the five years through 2011-12 industry revenue has fallen 10.4% per annum. In 2011-12, industry revenue is expected to decline 17.8% to reach £495 million, following a 19% decline in 2010-11, really damaging the industry after coming through the credit crunch relatively well.
Over the five years through 2016-17, industry revenue is expected to continue the fall, declining by 9.5% per annum to a value of £301 million. The five-year period will kick-off with another massive decline in 2012-13, where revenue is forecast to fall by 21%, enterprise numbers to decline by 10% and employment numbers to be cut by 16.1%... purchase to read moree
Industry Report - Industry Products Chapter
Yogurt is by far the biggest product of the industry. All three major players produce a wide range of yogurt-based products, with most other dairy products belonging to other industries. In the United Kingdom there are over 18 million frubes of yogurt consumed each year, with over £250 million per year spent on yogurt-based products for children. According to major player Yoplait, portable yogurts and frubes are the largest growing products in the industry.
Due to the dominance of yogurt, other products such as concentrated milk and milk-based soft drinks are rather low earners for the industry. Concentrated milk sales contribute an estimated 6.0% to total industry revenue, while milk-based soft drinks and other products make up the final 4.0%... purchase to read more