Murray Goulburn (MG) collects about 3.4 billion litres of milk in Australia every year, or 37 per
cent of the total milk pool, and reported $ 2.9 billion of revenue in 2013 - 14.
This still comprises only 23 per
cent of the total milk volume.
Not exact matches
Sales
of a2
Milk's infant formula have soared more than 300 per
cent in four months to account for almost half
of the trans - Tasman dairy company's
total revenue.
After operating costs and wastage around 17 per
cent, Coles stands to make a small but useful profit on private label
milk, which accounts for more than 60 per
cent of the retailer's
total milk sales.
Fonterra, which accounts for 20 per
cent of total global dairy trade and is the second - largest
milk processor in Australia, estimates the price gap between powders and other products has had a negative $ NZ800 million ($ 725.5 million) impact.
«We've got a category that's growing absolute gangbusters,» he said, adding that goat's
milk formula had secured about 10 per
cent of the
total infant formula market in Australia, with nutrients found in goat's
milk shown to help gut health and digestion.
The a2 product commands premium prices on retail shelves and its share
of the
total fresh
milk market by value has crept up to around 9 per
cent from 5 per
cent in 2012.