Australia Yogurt Market Size & Forecast 2026

1. 2016 – 2026 AUSTRALIA YOGURT MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

2. Scope of Report Product of Interest (POI): Australia Yogurt Market Yogurt also spelled yoghurt, yogourt or yoghourt, is a food produced by bacterial fermentation of milk. The bacteria used to make yogurt are known as yogurt cultures. Fermentation of sugars in the milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture and characteristic tart flavor. Market Segmentation REGION FORM Australia Yogurt Market Australia Yogurt Market Australia Capital Territory & New • Conventional Yogurt Year Range • South Wales Greek Yogurt • Victoria & Tasmania • Set Yogurt • Review Period Western Australia • Frozen Yogurt • Queensland • 2016 – 2019 Yogurt Drinks • Northern Territory & Southern • Others • Australia Base Year DISTRIBUTION CHANNEL • Convenience Stores FAT CONTENT 2020 Regular • Independent Small • Low Fat • Estimated Year Grocers Fat Free • Supermarket/Hyperm • 2021 arket PACKAGING Online Channel • Forecast Period Plastic Bottles • TYPE • Tetra Packs • 2022 – 2026 Flavored Pouches • Non-Flavored • Others • 2 © TechSci Research

3. Table of Contents S. No. Contents 1. Product Overview Research Methodology 2. Impact of COVID-19 on Australia Yogurt Market 3. Executive Summary 4. 5. Voice of Customer 5.1. Factors Influencing Purchase Decision 5.2. Brand Awareness 6. Australia Yogurt Market Outlook, 2016-2026F 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast By Type (Flavored and Non-Flavored) 6.2.1. By Fat Content (Regular, Low Fat and Fat Free) 6.2.2. By Form (Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others) 6.2.3. By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others) 6.2.4. By Supermarket/Hypermarket, Online Channel) Distribution Channel (Convenience Stores, Independent Small Grocers, 6.2.5. By Region 6.2.6. By Company (2020) 6.2.7. 6.3. Product Market Map 7. Australia Flavored Yogurt Market Outlook, 2016-2026F 3 © TechSci Research

4. Table of Contents S. No. Contents 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast By Fat Content 7.2.1. By Form 7.2.2. By Packaging 7.2.3. By Distribution Channel 7.2.4. 7.3. Pricing Analysis 8. Australia Non-Flavored Yogurt Market Outlook, 2016-2026F 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast By Fat Content 8.2.1. By Form 8.2.2. By Packaging 8.2.3. By Distribution Channel 8.2.4. 8.3. Pricing Analysis 9. Market Dynamics 9.1. Drivers 9.2. Challenges 10. Market Trends & Development 11. Policy & Regulatory Landscape 4 © TechSci Research

5. Table of Contents S. No. Contents 12. Australia Economic Profile 13. Market Trends & Developments 14. Competitive Landscape Woolworths Group Limited 14.1. 14.2. Chobani Australia Pty Ltd. 14.3. Danone Murray Goulburn Pty Ltd. 14.4. Bega Dairy and Drinks Pty Ltd. 14.5. Gippsland Dairy Pty Ltd. 14.6. Parmalat Australia Ltd. 14.7. Fonterra Australia Pty Ltd. 14.8. Warrnambool Cheese & Butter Factory Company Holdings Limited 14.9. Bega Cheese Limited. 14.10. Meiji Dairy Australasia Pty. Ltd. 15. Strategic Recommendations 16. About us & Disclaimer 5 © TechSci Research

6. RESEARCH METHODOLOGY

7. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in Australia Yogurt market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Australia Yogurt market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 7 © TechSci Research

8. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Australia yogurt market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing consumer attention towards health and wellness. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Australia yogurt market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as yogurt manufacturers, distributors, supplier companies, end users, industry experts and other industry participants. The team interviewed more than 10-20 yogurt manufacturers, 50 – 75 major end users, 15 – 20 industry experts and other stakeholders in Australia • yogurt market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016-2020. 8 © TechSci Research

9. Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by fat content, by form, by packaging, by • distribution channel, by region, competition, forecast & opportunities, 2026. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the segments of yogurt. Methodology Followed for Calculation of Market Shares: Market shares by type, by fat content, by form, by packaging, by distribution channel, by region, competition, forecast & opportunities, were • calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various types of yogurt. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Australia Yogurt • Market , TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 9 © TechSci Research

10. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand emanating in the market. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources World Bank ▪ Woolworths Group Limited ▪ TechSci Research Proprietary Database & Knowledge ▪ Chobani Australia Pty Ltd. ▪ Repository Danone Murray Goulburn Pty Ltd. ▪ Company Annual Reports ▪ Bega Dairy and Drinks Pty Ltd. Industry Magazines ▪ ▪ Industry Reports ▪ Gippsland Dairy Pty Ltd. ▪ News Dailies ▪ Parmalat Australia Ltd. ▪ Credible Paid Databases ▪ Fonterra Australia Pty Ltd. ▪ Warrnambool Cheese & Butter Factory Company ▪ Holdings Limited Bega Cheese Limited. ▪ Meiji Dairy Australasia Pty. Ltd. ▪ 10 © TechSci Research

11. Industry Brief According to TechSci Research report, “Australia Yogurt Market, By Type (Non-FlavoredFlavored), By Fat Content, (Regular, Low Fat, Fat-Free), By Form (Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others), By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast & Opportunities, 2026”, Australia Yogurt Market for non- flavored and flavored yogurt is projected to surpass over USD1670 million by 2026. The growth of yogurt market in Australia is driven by factors such as increasing awareness towards the health benefits of yogurt and changing lifestyle of young consumers as they are opting for healthy lifestyle. Furthermore, increasing offerings by the companies in yogurt segment is another major reason for the consumers’ growing preference for yogurt. Various flavors such as strawberry, mango, honey, vanilla, blackcurrant are always high in demand. On the basis of type, Australia Yogurt Market is segmented into flavored and non-flavored. In the base year, 2020, flavored type yogurt held the largest market share in the Australia Yogurt Market with approximately 76% market share. This can be attributed to the different varieties of fruit-based and non-fruit based flavored yogurt available under the segment. Flavored segment yogurt is expected to continue its dominance in the market in the forecast period as well. Furthermore, based on the fat content, yogurt market in Australia is segmented into three segments including regular, low fat, fat-free yogurt. In the base year, 2020 regular type yogurt held the largest market share of around 60.74% in the Australia Yogurt Market due to its low cost in comparison to low fat and fat free yogurt. Furthermore, regular type yogurt is easily available and is projected to maintain its higher visibility on the supermarket shelves in Australia. However, low fat and fat-free yogurt are expected to grow with higher CAGR in the forecast period in comparison to the regular type of yogurt, due to their growing consumption by young population in the country. Based on the distribution channel the Australia Yogurt Market is segmented into convenience stores, independent small grocers, supermarket/hypermarket, online channel. The supermarket/hypermarket segment led the Australia Yogurt Market in the base year 2020, mainly due to the easy accessibility and well-manged supply chain with the other partners, heavy discounts, and home delivery option for consumers. The segment will continue to maintain its dominance in the forecast period in the Australia Yogurt Market, due to increasing supermarket chains and franchises. On the basis of regional segmentation, Australia Yogurt Market is segmented in Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland and Victoria & Tasmania. In the base year 2020, Australia Capital Territory & New South Wales held the largest market share due to the large population, higher GDP and enhanced distribution channels of dairy industry in Australia. Australia Yogurt Market is an established market and provides various opportunities to the companies locally and globally. Right now, companies such as Woolworths Group Limited, Chobani Australia Pty Ltd, Danone Murray Goulburn Pty Ltd, Bega Dairy and Drinks Pty Ltd, Gippsland Dairy Pty Ltd are holding significant market share in Australia Yogurt Market and are focusing on enhancing their product portfolio and supply chain “Australia Yogurt Market based on the form is segmented into conventional yogurt, set yogurt, greek yogurt, frozen yogurt, yogurt drinks and others. From all the given segments conventional yogurt still holds the largest market share in the Australia Yogurt Market due to its low price, easy availability, and conventional taste. Following conventional yogurt, yogurt drinks is another segment, which held the largest market share in the base year 2020, due to enhanced product offering by the producers in the yogurt drink segments. Moreover, availability of different flavors in the yogurt drink segment is further expected to drive the growth of yogurt market in Australia in the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 11 © TechSci Research

12. Sample Data - Snapshot Australia Yogurt Market Size, By Value (USD Million), 2016–2026F 16.00 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 2016 2020 2021E 2026F CAGR BY VALUE: XX% CAGR BY VALUE: XX% By Value (USD Million) Australia Flavored Yogurt Market Share, By Fat Content, By Value, 2016–2026F Regular Low Fat Australia Yogurt Market Share, By Type, By Value, 2016–2026F Fat Free Flavored Non-Flavored 40% 30% 30% 2026F 60% 40% 2026F 40% 30% 30% 2025F 60% 40% 2025F 40% 30% 30% 2024F 60% 40% 2024F 40% 30% 30% 2023F 60% 40% 2023F 40% 30% 30% 2022F 60% 40% 2022F 40% 30% 30% 2021E 60% 40% 2021E 40% 30% 30% 2020 60% 40% 2020 40% 30% 30% 2019 60% 40% 2019 40% 30% 30% 2018 60% 40% 2018 40% 30% 30% 2017 60% 40% 2017 40% 30% 30% 2016 60% 40% 2016 Australia Flavored Yogurt Market Share, By Form, By Value, 2016–2026F Conventional Yogurt Set Yogurt Greek Yogurt Frozen Yogurt Yogurt Drinks Others 30% 20% 10% 10% 10% 20% 2026F 30% 20% 10% 10% 10% 20% 2025F 30% 20% 10% 10% 10% 20% 2024F 30% 20% 10% 10% 10% 20% 2023F 30% 20% 10% 10% 10% 20% 2022F 30% 20% 10% 10% 10% 20% 2021E 30% 20% 10% 10% 10% 20% 2020 30% 20% 10% 10% 10% 20% 2019 30% 20% 10% 10% 10% 20% 2018 30% 20% 10% 10% 10% 20% 2017 30% 20% 10% 10% 10% 20% 2016 12 © TechSci Research

13. Report Ordering Report Name: AUSTRALIA YOGURT MARKET FORECAST & OPPORTUNITIES 2016 – 2026 Report Price License Type Price Electronic Access - Single User License $3450 Electronic Access - Multi-User License $4450 Custom Research License $8450 To View Sample OR Purchase Report 13 © TechSci Research

14. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Australia Dairy Products Market By Product Type (Dairy Milk, Ghee & Butter, Ice Cream, Milk Powder, Cheese & Spread, Yogurts & Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Online & Others), Competition, Forecast & Opportunities, 2025 • Global Dairy Testing Market By Type (Safety Vs Quality), By Technology (Traditional Vs Rapid), By Product (Milk & Milk Powder, Cheese, Butter & Spreads, Infant Foods, Ice Cream & Desserts, Yogurt), By Company, By Region, Forecast & Opportunities, 2025 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.