Our industry experts in Australia and New Zealand provide analysi...
Our industry experts in Australia and New Zealand provide analysis, specialist knowledge and essential market data unavailable elsewhere, to build the most accurate understanding of current trends and future prospects.
While milk formula is set to see slight retail current value growth in 2023, overall value sales will still be below those seen in 2019. The daigou channel (people who travel overseas to buy goods for someone who lives in China) accounted for a…
During the COVID-19 lockdowns more parents were able to stay at home, giving them the time needed to prepare fresh food for their babies. However, as the economy is returning closer to what it was like before the pandemic, consumers are returning to…
Within dairy, butter is the most consumed product within butter and spreads, with higher sales than margarine and spreads, and cooking fats combined. This was not always the case in Australia, as margarine was the more popular spread amongst…
As New Zealanders’ dairy spread of choice, butter continues to dominate, and is set to reach value sales of over NZD250 million in 2023, whereas margarine is lagging far behind, expected to reach NZD33 million. This discrepancy shows a clear…
Cheese is an important part of consumers’ diet, as it is often consumed as both a snack and as part of a meal. Packaged hard cheese and soft cheese make up the largest proportion of total sales of cheese, while sales of processed cheese and…
Dairy has been one of the industries hardest hit by inflation, with NZ Stats reporting that the basket of milk, cheese and eggs saw a CPI increase of 12% in 2022 compared with 2021. This is amongst the highest increases in CPI for food in New…
The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…
The dairy industry has been faced with a combination of challenges throughout 2023, impacting its overall output and performance. Headlining the difficulties has been the high rate of inflation for dairy products. According to the ABS Consumer Price…
The dairy industry has faced some difficult challenges and obstacles during 2023, with the headlines being inflation and supply issues. Global inflation has been at high levels, and although the Australia/New Zealand region had slightly lower…
The full-fat fresh milk category has seen consistent growth in the last decade, and in 2023 is expected to account for over 70% of overall sales of fresh milk in Australia. Prior to this return to growth, skimmed (fat-free) milk was trending upwards,…