A great number of dairy companies are starting to climb the ladder in this booming industry. They are reaping the benefits that come along with the operating facilities in the region. Some of the major companies are situated in Victoria and are contributing to the growth and development of this industry. Due to the tremendous growth in the past few years, many top-notch companies are looking to invest in this industry. Since dairy products are items that are needed in our everyday lives, this sector is always profitable.
Some of the companies that are well known in this domain are:
Saputo Dairy Australia
SDA is a subsidiary of a Canadian public dairy company, named Saputo Inc. It is one of the world’s top ten dairy processors. In 2018 SDA acquired the Murray Goulburn Co-operative (MG) for $1.3 billion, including flagship brands Devondale and Liddells. MG supplies domestic and export markets with milk, milk powder, whey powder, cheese, butter, dairy beverages and ingredients, and nutritional products such as infant formula. With the combined assets of MG and Warrnambool Cheese and Butter, SDA is Australia’s largest dairy processor. Most of its operations are in Victoria
Fonterra operates five dairy manufacturing sites in Victoria, at Bayswater, Cobden, Darnum, Dennington and Stanhope. The company recently
announced a capital expansion program of $165 million across its seven sites. This will add 500 million litres of processing capacity, to help
meet rising domestic and global demand. The Stanhope dairy factory will receive the greatest share of the investment, and will double the size of its cheese plant.
The Chobani brand is one of the fastest-growing yoghurt brands in Australia, with over 20 per cent market share in the Australian yoghurt retail category. To bring operations to Australia, in 2011 Chobani invested more than $40 million in a production facility in Dandenong South, Victoria. Chobani also produces the Gippsland Dairy brand and industrial cream products.