Major dairy players have received major criticism for high carbon emissions and their role in the climate crisis, calling for swift action from manufacturers to transition to more sustainable production practices. Heading into 2022, Danone became the largest B Corp-certified food and drink company across Australia and New Zealand in March.
With the majority of local consumers spending greater time at home since the pandemic and adopting a more hybrid lifestyle, Australians appear to be shifting towards a more flexible pattern of eating at times that are convenient, bringing about a wave of changes in dairy. The pandemic has further accelerated the health and wellness trend as Australians become increasingly conscious of their fitness and focus on building good eating habits.
Better-for-you products have been an overriding trend across packaged food as consumers seek to enjoy and feel good about themselves without the guilt. As health and wellness takes precedence, leading players are trying to evolve and meet changing consumer preferences without compromising on flavour, despite mounting cost pressures due to growing inflationary pressures, rising energy prices, production costs and acute labour shortages among other factors affecting prices.
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Understand the latest market trends and future growth opportunities for the Drinking Milk Products industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Drinking Milk Products industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Drinking Milk Products
This is the aggregation of flavoured milk drinks, milk and powder milk. Note: Plant-based drinking milk products should be excluded from this category and tracked under plant-based milk. Except for plant-based powder milk that should be tracked within the core dairy category of powder milk.
See All of Our DefinitionsThis report originates from Passport, our Drinking Milk Products research and analysis database.
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