$3.7bn
$XXX.Xm
3,625
585
$XXX.Xm
A substantial shift in the dairy supply chain has affected the Dairy Produce Wholesaling industry. Wholesalers were once an integral part of the chain, acting as a key link between manufacturers and retailers. However, major supermarkets like Coles and Woolworths have become increasingly dominant, and this trend alongside rising consolidation among dairy manufacturers have affected the industry. As a result of greater wholesale bypass and downward price pressure, revenue is expected to fall at an annualised 1.3% to $3.7 billion over the five years through 2023-24. Health and lifestyle trends have been moving away from dairy produce, as more people have opted for dairy-free alternatives due to dietary concerns or choices, like veganism. Falling revenue trends include a drop of 5.5% in the current year, as lower milk consumption has weakened dairy produce wholesalers’ performance.
Industry revenue has declined at a CAGR of 1.3 % over the past five years, to reach an estimated $3.7bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($short_0)
2024 |
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There are no companies that hold a large enough market share in the Dairy Produce Wholesaling in Australia industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Drinking milk, Cheese and Milk powder. Drinking milk is the largest segment of the Dairy Produce Wholesaling in Australia.
Restaurants have been a strong source of demand for cheese
The Dairy Produce Wholesaling industry consists of businesses that primarily wholesale dairy products, acting as the intermediary between manufacturers and retailers. Dairy products include milk, cheese, cream, butter, yoghurt, powdered milk, dairy desserts and ice cream.
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ANZSIC 3603 - Dairy Produce Wholesaling in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Wholesale bypass trends have been cutting into dairy produce wholesalers’ performance. Large supermarkets like Coles and Woolworths are buying directly from manufacturers, co...
Learn about an industry's products and services, markets and trends in international trade.
Yoghurt has provided a source of demand. Consumption has grown, as yoghurt’s perceived health benefits – like its probiotic and nutrient content – has fuelled consumer demand...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
A large portion of Australia’s dairy herd is located in Victoria and New South Wales. The spread of dairy produce wholesalers tends to correspond with that of the dairy herd,...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Customers want to acquire dairy produce at the lowest possible price. Wholesalers therefore compete on price, and can also benefit from selling well-known and reputable produ...
Learn about the performance of the top companies in the industry.
The Dairy Produce Wholesaling industry doesn’t have any major companies. The industry is highly fragmented, and wholesalers tend to focus on niche geographic areas.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Australia New Zealand Food Standards Code applies to manufactured dairy products. The code dictates labelling requirements, provides product definitions and sets out perm...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Most dairy produce wholesalers are small and service niche geographic areas. Since small wholesalers find it difficult to maintain high-volume stock turnover, they tend to be...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Dairy Produce Wholesaling industry in Australia is $3.7bn in 2024.
There are 585 businesses in the Dairy Produce Wholesaling industry in Australia, which has declined at a CAGR of 0.7 % between 2018 and 2023.
The market size of the Dairy Produce Wholesaling industry in Australia has been declining at a CAGR of 1.3 % between 2018 and 2023.
Over the next five years, the Dairy Produce Wholesaling industry in Australia is expected to grow.
Butter wholesaling and Cheese wholesaling are part of the Dairy Produce Wholesaling industry.
The level of competition is moderate and increasing in the Dairy Produce Wholesaling industry in Australia.