Today: July 28, 2016, 1:09 am
  
Finance

Croatia Packaged Food Market: New market research released

companiesandmarkets.com
companiesandmarkets.com
Cheese in Croatia - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-10 16:47:02
As the prices of cheese rose, the prices of raw milk plunged, as Croatia joined the EU. At one point, in 2011, the buyoff price of raw milk in Croatia was 30% above the EU average. Currently, the price is at 34 cents per litre, which is even below the EU average. Prices are now freely formed by the market, and dairy companies have clearly shown that they do not need local milk at all to function normally. Local milk suppliers are ceasing their production of milk, because their high overhead costs due to small farm sizes do not allow them to make any profit.

The leader in dairy in Croatia is Dukat, a member of Groupe Lactalis, which is set to lead cheese with a 32% value share in 2013, followed by Vindija with 12%. Its mother company used the Croatian subsidiary to acquire the Slovenian dairy leader, Ljubljanske Mlekarne, and subsequently Dukat will be used as the regional hub for Lactalis´s operations in Southeast Europe.

The turning point for cheese may have already happened, in July 2013, when Croatia joined the EU. Retailers aggressively lowered their prices, and amongst other promoted products, cheese was one of the most common. This could bring a plethora of imported cheese brands which are cheaper than those currently offered, which would not be a major problem, as the current manufacturers will use their dominant positions to achieve substantial profits. Lactalis will probably gradually replace local brands with global bands, which has already been the case with Président.

Click for report details: www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Market Research Reports www.companiesandmarkets.com/Market/Food-and-Drink/Market-Researc ..

Browse all Food and Drink Company Profile Reports www.companiesandmarkets.com/Market/Food-and-Drink/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 454 Words
Related Articles
 
More From Finance
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]
The Robinhood of Wall Street: No Fee [..]
The securities and exchange industry has always been known to charge high. Today your average broker has come down drastically [..]
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.